Gambling fever will spread across the Web netting cyberbookies an estimated $2.86 billion, according to a report by Datamonitor. The report predicts that by 2001, online lotteries, lotto and pools sales will generate a massive $1.7 billion, with online horse racing and event betting raising a further $800 million. But Datamonitor warns that regulators must develop a legislative framework or risk the prospect of unregulated Internet betting and a loss of millions in tax revenue. (0171) 625 8548.
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