British Endorses Internet Gambling Today, Hop-on Endorses Keeping Billions in US
Irvine Ca. December 10, 2007 Hop-on’s (OTC:HPNN) along with European trade directors and other trade experts acknowledge and endorse the legislation introduced by Representative Barney Frank (D-MA), the Internet Gambling Regulation Enforcement Act, could resolve the potential $100 billion gambling dispute and bring the U.S. into compliance with international trade agreements by creating a level playing field among domestic and international operators if the current administration would ever agree to the proposed legislation.
As the dispute between Europe and the U.S. over Internet gaming industry continues, the British Government said it favored U.S. regulation of Internet gambling as opposed to prohibition. Peter Michaels, President of Hop-on stated, “The British Government wants regulation because the tax dollars that would go back to their government is in the billions of dollars. The United States should protect this windfall of billions from leaving the US.”
As the only American handset manufacturer currently developing software, licensing and regulations for online gambling via mobile phones, Hop-on, Inc. is filling a growing market demand. By accepting bets from both the U.S. and other WTO counties, Hop-on will keep billions of tax dollars flowing back to the American government while ensuring its customers can wager in the most secure, easy-to-operate environment. Hop-on ensures the safety, privacy and legality of its players, all of which are verifiable over 21, the legal gambling age in the U.S.
"The British Government has signaled quite clearly its support for regulation rather than prohibition of gambling by the recent implementation of the (Unlawful Internet) Gambling Act," said Emily Bourne, private secretary of the British Department for Business Enterprise and Regulatory Reform.
"As the British Government correctly has acknowledged, it is clear that the futile approach by the U.S. to prohibit Internet gambling is a failure. Regulation of Internet gambling could bring the U.S. into compliance with W.T.O. requirements, protect consumers and generate billions in revenue
needed for critical government programs." Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative.
Michaels also stated, “I have not heard of any American being arrested for making a bet via the Internet for playing poker. Using a Hop-on’s software, people will be able to play poker via their cell phones, anywhere!”
About Hop-on, Inc.
HOP-ON (OTC:HPNN) develops and markets wireless phones and accessories for emerging market and other domestic carriers and is best known for developing the world’s first disposable cell phone to market. Currently, HOP-ON is expanding into value-added services, like mobile gambling and SMS wagering. HOP-ON’s exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones. For more information, visit www.Hop-on.com.
Contact: Danny Coleman 949-756-9008
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
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