Wednesday, July 26, 2006

Online Gambling Busted

The CEO of BetOnSports was arrested last weekend on 22 counts of racketeering, money laundering, etc... I find this extremely interesting, especially in terms of my little world in search.

Since the inception of paid search, analysts, pundits, and insiders have talked about how big paid search could be if the "vice" verticals (sex, gambling, booze, etc) were monetized significantly.

With the arrest of the head of the biggest gambling site in the world, I wonder, "what's next?" The US gov't is using a 1961 law making it illegal to use the US Mail for purposes of gambling. The


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