To most of us, online gambling means email spam and other annoyances. But to Peter Marcus and his customers it's a $6 billion/year legitimate business that represents more than 5% of the total gambling market worldwide. You may be surprised at the legitimacy of this operation. (Did you imagine that they might be audited by PriceWaterhouseCoopers?)

Peter and host Larry Magid discuss the legality, safety and morality of online gambling. Why can you use some credit cards and not others? Is it legal in the U.S.? And might online poker actually be safer than day trading?

Peter claims the online gaming industry is socially responsible and explains how his company tries to keep gamblers from playing beyond their means. Larry tells the story of a teenage friend who's paying his way through college on a six-figures online-poker income.

If poker is your thing, you'll learn how to find a safe online casino. If not, you'll gain a new understanding of why and how so many people are now playing poker in their pajamas.

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Peter Marcus is the Marketing Director of Adsdotcom Ltd. and Spokesperson for InterCasino Group. Born in London, Peter went to the Manchester Business School (part of Manchester University) to study Management Science graduating with a BSC hons 1st Class. After working in senior customer service positions for El Al Israel Airlines and Rank Group Plc, Peter wanted to get involved with the Online ECommerce revolution and joined DoubleClick (Online advertising technology) as Director of Account Management for Europe, Middle East & Africa.

After 3 years he succumbed to the offers from a Online Casino client and took the position of VP International Marketing for the Fortune Lounge Casino Group. Launching casinos in the UK, Asia and Israel, his last few months were concentrating in Poker outside North America.

In August 2004 Peter became Marketing Director for Adsdotcom Ltd, a marketing services company representing The InterCasino Group. This role incorporates all of InterCasino properties around the work (North America, UK, Spain, France, Germany, Italy, China & Japan) along with Poker, Bingo and Lottery.

Peter is 32 years old, married with a dog, and enjoys watching soccer and cycling.

Resources:

• InterCasino

This program is from the Larry's World series.

For Team ITC:

• Description editor: Doug Kaye
• Post-production audio engineer: Paul Figgiani