CSIN is Pleased to Announced a 50% Increase in Wagering Revenues
Business Wire - July 07, 1999 09:03
LAS VEGAS--(BUSINESS WIRE)--July 7, 1999--Casinopirata.Com (OTC BB:CSIN) (located and licensed in the Commonwealth of Costa Rica), Wednesday announced that the combined volume in its latest month of operations, June 1999, in transactions placed through the company's casinopirata.com on-line sports book and casino was US$300,000 which is A 50% increase over the last report.
June 1999 saw the continuation of our marketing and advertising campaign. During June 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 our advertising campaigns we have received over 1.5 million hits to our site so far. We are continuing to notice a daily increase in visitors, which is translating into profits for CSIN. With other online casinos planned for acquisition in the near future, we feel the future for Casino Pirata is very bright," stated Steve Amdahl, Vice 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 - news), GIC Global Intertainment (OTC BB:GGNC) Harrah's Entertainment Inc. (NYSE:HET - news), Trans World Gaming Group (OTC BB:IBET), Argosy Gaming Co. (NYSE:AGY - news), International Game Technology Inc. (NYSE:IGT - news) and Azbar Corp. (NYSE:AZR - news), Cryptologic Inc. (ToSE:CRY), GLC Limited (Nasdaq:GLCCF - news), 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.
|
