US e-commerce may reach $1T by 2000, rather than the government's estimate of $365B. 70% will be business- to-business commerce, according to MIT Media Lab director Nicholas Negroponte. [Computer Reseller News, 06Apr98. EduP.]

Senator Jon Kyl (R-AZ) is sponsoring a bill to extend interstate gambling prohibitions to satellite communication and to virtual games such as online roulette. Opponents include Indian tribes, the horse racing industry, and other gambling interests -- including some software makers in the Committee for Freedom of the Internet. [AP, 06Apr98. EduP.]

Internet gambling ("gaming") had revenues of $500M last year, and that's likely to go up as offshore casinos develop working relationships with various countries. The US won't share in the profits if it continues prosecuting online sports bookmaking operations for conspiracy to transmit bets via the Internet and telephone. [Broadcasting & Cable, 16Mar98. EduP.]