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Wednesday, March 14, 2007

Online Gambling CEO's Fail To Make This Years Forbes List

Since the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA),
online casino CEO's Calvin Ayre, founder of Bodog, and PartyGaming founders
Russell DeLeon and Ruth Parasol, did not make this years billionaire list
for Forbes Magazine. Calvin Ayre, the founder of online casino favorite,
Bodog.com, was dropped off the list after being on the cover of Forbes
Magazine for the same list last year. Ayre is originally from Canada, and
took the cover of Forbes when his net worth hit $1 billion. After the
passing of the UIGEA, American players are no longer placing bets, which
have caused stocks to fall. PartyGaming founders Russell DeLeon and Ruth
Parasol were placed in the middle of the billionaire list for 2006, worth
$1.8 billion each, but the start of 2007 has been shaky after being forced
to stop taking bets from Americans. Although some of online gambling's
leading CEO's have fallen short for this year's list, one gambling
entrepreneur kept his spot. Anurag Dikshit from India finished 618th with a
net worth of $1.6 billion.

posted by Jerry "Jet" Whittaker at 3/14/2007 07:04:00 AM

 

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Remember, you can beat the odds, but you can't beat the percentages.