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Posted by: Steve Adkins at March 22, 2001, 9:59 am

Topic: Calmed Down Forum: Winner Online

What Happened to Handa Lopez?

05/28/1999

Rumors are spreading like brush fires about an incident last week in which the California office of online software provider Handa Lopez Inc. was reportedly raided by federal agents. The question of the hour, which remains unanswered, is: Exactly what happened?

Their computers and files were seized, and most of their licensees, with the exception of a few who maintain their own servers have been shut down. Clients and licensees are still in the dark as to what happened. The reason(s) for the raid are unclear.

Handa Lopez carefully structured its approach toward offering Internet betting around a "contest model" in which online gaming currency is gained through mail-in offers. The company has licensed its software since 1995 and the model hasn't been challenged by authorities.

RGT will report on further developments as the story unfolds.

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