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Non-Tech : e-Vegas.com (EVCM) formerly ECGC

EVCM 11.62

+2.9%

2:29 PM EDT

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To: PRATT9999 who wrote (130)	9/22/1999 11:14:00 AM
From: SuperValu	Read Replies (1) of 207

E-Vegas.com Inc. Announces Continued Growth in Sports Book Revenue VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 22, 1999--E-Vegas.com Inc. (OTC BB: EVCM) is pleased to announce that they are continuing to experience growth in their sports book gaming revenue. Wagering on sports events for the most recent weekend were over $415,000 (US$). This is up dramatically from the $198,000 in wagers placed during the prior weekend of September 11, 1999. "As predicted, the first weekend of the NFL football season has been a boom to our business. Our sports book business, run by the legendary Sid Diamond, experienced a 100% increase over last weekend. We can't wait for the other pro and college sports seasons to get into full swing," stated Tony Markus, Vice President of E-Vegas.com Inc. The Company consistently achieves profitable operations in the 7% net win range on sports book wagering. About E-Vegas.com Inc. E-Vegas.com Inc. (TM) is a casino and gaming business based in Costa Rica. The first element of its business is the establishment of an online casino and gaming business at www.e-vegasgaming.com . The Company is also in the process of developing related businesses including telecommunications ventures and e-commerce business that will enhance its overall growth and profit potential in Costa Rica. Frost & Sullivan estimate that wagering via the Internet was approximately $1 billion in 1998. Gaming consultants Christinansen/Cummings estimate Internet wagering to reach $2.3 billion by 2001. The Financial Times has estimated that the Internet gaming market will yield annual net earnings of US$10.2 billion by the year 2002. This press release contains forward-looking statements with respect to the results of operations and business which could be materially different from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission. Contact: E-Vegas.com Inc. Tony Markus, Vice-President 877-815-3238 or 604-608-6828 e-vegasgaming.com

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