Cybergambling could well become a conflict like pornography on the Internet. And when politicians realize that money flowing offshore could be routed into the taxable U.S. economy, they may start talking tough.
Predictor: Schwartz, Evan I.
Prediction, in context:In a 1995 article on online gambling for Wired magazine, Evan Schwartz writes: ”Cybergambling could well become a conflict like pornography on the Internet. And when politicians realize that money flowing offshore could be routed into the taxable U.S. economy, they may start talking tough. [Sports International Ltds. Michael] Browne expects the opposite to happen in this case. He thinks certain regions of the U.S. will loosen their gambling laws when they smell easy tax dollars. And why shouldn’t the laws be changed? ‘You have an industry that was stigmatized as corrupt a long time ago,’ Browne says. ‘But it’s really no different from the stock market. Just look at teams as if they were companies. The Jets are IBM and the Giants are General Motors.'”
Biography:Evan Schwartz was a 1990s journalist with a computer science degree who covered information technology. He was a former editor at Business Week, where he covered software and digital media and was part of teams that won a National Magazine Award and a Computer Press Award. He also wrote for the New York Times, Wired, and MIT’s Technology Review. His books include “Webonomics” and “Digital Darwinism.” (Author/Editor/Journalist.)
Date of prediction: October 1, 1995
Topic of prediction: Economic structures
Subtopic: Tax Issues
Name of publication: Wired
Title, headline, chapter name: Wanna Bet?
Quote Type: Partial quote
Page number or URL of document at time of study:
http://hotwired.lycos.com/collections/internet_law/3.10_gambling_pr.html
This data was logged into the Elon/Pew Predictions Database by: Stotler, Larry