Poor won't fuel Net growth: study

Article Abstract:

According to a new report by Omnia Communications Inc. (Toronto) and Pollara Inc. (Toronto), the biggest boost in Internet use will come from the middle class consumers rather than the poor class. The firms have found the influx of two new groups, mainstreamers and newbies, in the online population as significant. These groups are predominantly female, aged between 33 and 49 (mainstreamers) and 34 to 50 (newbies). They are increasingly supplanting the two other main classes of Internet users: savvies (predominantly male, aged 30 to 49) and trendies (predominantly male, 23 to 53). The report also found that Canada remains far ahead of the US in the deployment of high-speed Internet services, with nearly 17% of online households expected to have a broadband connection to the Web by the end of 2000, compared with just 8.6% of US online households. Cable-television companies will lose their share of the high-speed connections among Canadian households, from 78% to 53% in five years, while telephone companies will boost their share to 43% and wireless cable operators will grab the remaining 4%. The report indicated that about 80% of North American households would be online by 2005.

---

Entrepreneur seeks Web gambling jackpot

Article Abstract:

On-line gambling is a controversial but booming international business. Ron Tarter, a business school dropout is expecting to make great profits from the business. He launched his Casino Affiliate Network (CAN) (Antigua), through a holding company called Sinsational Entertainment Inc. CAN's main Web site is www.cybersportsbook.com. CAN is now more involved in distribution. It concentrates on signing up Website operators, or Webmasters, to add casinos with sports betting and games to their existing offerings. Tarter gets licensed gambling software from Starnet Communications International Inc. Tarter has recruited 5,000 Webmasters since the company went on-line and has about 1,000 affiliate sites up and running. Tarter avoids any kind of business with Canada and US, where on-line gambling is considered illegal. CAN hopes to go public or sell out, in future.

---

Global markets go into freefall, but cooler heads prevail in N.A

Article Abstract:

The impact of market conditions on North America stock markets is discussed.

Forecasts, trends, outlooks, North America, Forecasts and trends, Influence, Market trend/market analysis, Stock markets, Stock market, Review of past year, Business conditions

Similar abstracts:

• Abstracts: Young lured by Web ads: study. B of M, Royal Bank pledge to boost small-business lending
• Abstracts: Internet rings up 'puny' sales. Who's afraid of Munir Sheikh? Philsar secures venture capital

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.