European gambling operator targets U.S. with ‘Net casino

Friday, June 15, 2001 | 10:52 a.m.

Damian Aspinall, a well-known casino operator in Europe, plans to launch an online casino aimed at the U.S. market within days, the Wall Street Journal reported today.

Aspinall said his family name brings credibility to the operation.

"People are betting billions of dollars online and they've no idea who they're giving their money to," Aspinall told the Journal. "They could be betting with the Mafia, for all they know."

Aspinalls Online PLC, the company running the Internet gambling site, will have shares trading publicly in Britain as a separate entity from the well-known, private Aspinalls casinos founded by Aspinall's late father John Aspinall.

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