NEWS!!!!!!
CSIN is Pleased to Announce First Month Wagering Revenues of US$220,000
LAS VEGAS--(BUSINESS WIRE)--June 14, 1999--Casinopirata.Com (OTC BB:CSIN) (located and licensed in the Commonwealth of Costa Rica), Monday announced that the combined volume in its first month of operations, May 1999, of transactions placed through the company's casinopirata.com on-line sports book and its casino was US$220,000.
May 1999 saw the beginning of our marketing and advertising campaign. During May 1999 CSIN's marketing team, along with two independent marketing and advertising firms, have put dynamic target marketing and target advertising campaigns together. These campaigns include extensive media advertising.
"As a result of these advertising campaigns we have received over 200,000 hits to our site so far. We are noticing a daily increase in visitors which is translating into profits for CSIN. We expect this trend to continue," stated Paul Stringer, President.
The potential of the Internet continues to increase each week. Forrester Research recently estimated that worldwide Internet commerce could reach as high as US$3.2 trillion in 2003. The 1998 Casino & Gaming Business Market Research Handbook predicts that the Internet gaming market could reach US$100-200 Billion in annual revenues by 2005.
Casinopirata.com, a theme-based Casino and Sportsbook, is now offering Vegas-style casino games such as Blackjack, Roulette, Pai-Gow, Craps and Super Six Lotto along with wagering on professional sporting events such as the NFL, NBA, NHL, and Major League Baseball. The company is also partners with PrimePicks.com (http://www.primepicks.com) offering one of the best, most complete sports information sites on the Internet.
Casinopirata.Com is a high technology Internet Gaming Company with proven technologies, which are directly linked to the Internet. The company intends to seek market dominance by way of mergers and acquisitions of Internet-related proprietary gaming companies and technologies that are already positioned in the marketplace.
CSIN's competitors within the Internet gaming market include Anchor Gaming Inc. (Nasdaq:SLOT), GIC Global Intertainment (OTC BB:GGNC) Harrah's Entertainment Inc. (NYSE:HET), Trans World Gaming Group (OTC BB:IBET), Argosy Gaming Co. (NYSE:AGY), International Game Technology Inc. (NYSE:IGT) and Azbar Corp. (NYSE:AZR), Cryptologic Inc. (ToSE:CRY), Starnet Communications International Inc. (OTC BB:SNMM), GLC Limited (Nasdaq:GLCCF), Atlantic International Entertainment Ltd. (OTC BB:AIEE), Cybergames Inc. (OTC BB:CYGA), IGN Internet Global Network Inc. (VcSE:IGN), (OTC BB:IGINIF) and Global Games Corp. (OTC BB:GLOW).
For The Wall Street Research Group Research report on Casinopirata.com visit their web site at wallstreetresearch.net.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in These press releases are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings.
CONTACT: Investor Relations Contact:
Worldvision Financial Group, Casselberry, Fla.
Orville Baldridge, 888/345-6060
Email: relations@wvfg.com
Website: wvfg.com
or
Corporate Contact:
Casino Pirata.com, Las Vegas
Paul Stringer, President, 503/246-3696 or 503/245-9671 |
