Enron - State Regulation of Online Gaming

Good news. Milbank's research has confirmed the advice provided by Sullivan
and Cromwell that the game will not vioate gaming or lottery rules or the
like in the US, with the exception of the states of Florida and New York.

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 08/15/2000 02:04 PM -----

APelton@milbank.com
08/15/2000 01:41 PM

To: leslie.hansen@enron.com
cc: EFeo@milbank.com, DHudanish@milbank.com, SMiller@milbank.com
Subject: Enron - State Regulation of Online Gaming

Dear Ms. Hansen:

Please find attached for your review a memo regarding the regulation of
online gaming in the most significant U.S. jurisdictions.? If you have any
questions or comments regarding this matter, please do not hesitate to
contact me.

Sincerely,

August W. Pelton
Milbank, Tweed, Hadley & McCloy
(213) 892-4345
(213) 892-4745 (fax)

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