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Killer app for cell phones: Lottery tickets
Posted: 16-Apr-2001 [Source: MSN]

[Prepaid cards, a passcode, and SMS in combination allow Chinese to buy virtual lottery tickets.]

by Mark Anderson -- "There are lots of business plans floating around looking for money these days. Many have merit, a few seem pretty compelling, but few are so simple in their scope and so Olympian in their promise as to erase all doubt from your jaded, tired mind in a single magic swipe.

"I've got one for you today.

"If you like gambling (one of the top two online moneymakers), and you like gambling In China (where everyone gambles, and where there are plenty of everyones), and you like the idea of Online Lotteries In China With Government Approval (since lotteries are ridiculously profitable, and you will have to have the government in on this one anyway), why then, you'll just love...

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