In March 1998, the American Gaming Association placed a press release on its web site regarding Mr. Goodman’s testimony at the National Gambling Impact Study Commission’s meeting during that same month. The press release contained the following statement:
Mr. Goodman’s creation of the fictitious American Insurance Institute as a source that “40 percent of white collar crime is caused by gaming” is a prime example. Researchers, journalists and academicians have discovered that no such organization has ever existed.
The American Gaming Association did not intend to state that Mr. Goodman created the American Insurance Institute as a source of the 40% statistic upon which he has relied. To date, neither the existence of the American Insurance Institute nor its alleged report cited by Mr. Goodman as verifying the 40% statistic has been confirmed or proven. To the extent the readers of this statement understood that Mr. Goodman had created the American Insurance Institute or the alleged 40% statistic, the American Gaming Association retracts that statement.