(BSNS WIRE) Total Entertainment Launches DragonGaming.com Total Entertainment Launches DragonGaming.com Business & Entertainment Editors RED BANK, N.J./MONTREAL, Quebec--(BUSINESS WIRE)--June 8, 1999--Total Entertainment Inc. (NASD OTC BB: TTLN) is pleased to announce that its wholly owned subsidiary Intercapital Canada Ltee., in a joint venture with Independent Growth Finders Inc. (V:IGF) has launched Version 1.1 of TheLuckyDragonCasino.com, an Asian specific online casino. Version 1.1 launched today is a Chinese and English language site. Later versions will be launched in Japanese, Korean, and other languages as we roll out our Asian Program. Independent Growth Finders Inc. (V:IGF), Intercapital's joint venture partner in this site, with offices in Singapore, Hong Kong, Taiwan, Vancouver and Toronto, will easily focus the Asian specific marketing message locally, in these countries and in Asian communities worldwide. TheLuckyDragonCasino.com web site is translated into Chinese and is intended for use by Chinese web browsers and operating systems. An English default version is also available. Visitors to the web site can download casino software including 25 machine and table games. Also a Java version utilizing Shockwave technology is available and can be played at the web site. Estimated internet use in the Asia Pacific Region has exceeded thirty million (30,000,000) users in 1998, and growing exponentially by over three hundred percent (300%) per year. Furthermore, total gambling turnover statistics for Asia are the highest in the world, surpassing six hundred billion dollars (US$600 billion) in 1997. Leisure and gambling research analysts have predicted that online gaming in Asia will become a US$10 billion market ($25 billion worldwide) by the year 2002. Forrester Research estimated that worldwide Internet commerce could reach as high as $3.2 trillion in 2003. The 1998 Casino and Gaming Business Market Research Handbook predicts that the Internet gaming market could reach US$100 billion to US$200 billion in annual revenues by 2005. TheLuckyDragonCasino can be found at: theluckydragoncasino.com dragongaming.com dragonbet.com Total Entertainment Inc. is committed to becoming the leader in the online gaming and e-commerce industry. It is a debt-free corporation that has experienced explosive growth since its inception just nine months ago. Successful competitors in the exploding online casino and gaming industry include Cryptologic (TSE:CRY.TO), GLC Limited (OTC BB:GLXW), Starnet Communications International Inc. (OTC BB: SNMM), GoCall Inc. (OTC BB: GOCA), GIC Global Entertainment Corp. (OTC BB:GGNC), Cybergames Inc. (OTC BB: CYGA), YouBet.com (OTC BB: UBET), and Atlantic International Entertainment Ltd. (OTC BB: AIEE). Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays in testing and evaluation of products and other risks. --30--lp/ny* CONTACT: Total Entertainment Inc. Lewis Taylor, 310/575-9505 (investor relations) e-mail: investors@totalentertainmentinc.com or Independent Growth Finders Inc. Len Tarasow, 416/227-2682 (investor relations) igf@intergate.bc.ca KEYWORD: cdtim NEW JERSEY INTERNATIONAL CANADA ASIA PACIFIC INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS COMED ENTERTAINMENT PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks |