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Non-Tech : Gambling, The Next Great Internet Industry

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To: Herc who started this subject11/9/2000 12:41:47 AM
From: Dr. Microcap   of 827
 
Virtual Gaming Appoints Capital Research Group, Inc. as Investor Relations Firm
ESCONDIDO, Calif., Nov 8, 2000 (BUSINESS WIRE) -- Virtual Gaming Enterprises, Inc. (OTCBB: VGAM chart, msgs) announces that its has retained highly respected Capital Research Group, Inc. as its investor relations firm.

"We are pleased to appoint Capital Research Group, Inc. as our investor relations firm effective November 1.," says VGAM President Virgil G. Williams. "Capital Research Group exclusively works in financial public relations, representing undervalued and virtually undiscovered companies. They are a full-service investor relations firm specializing in small-cap and OTC growth stocks. We believe they will be a tremendous benefit in getting our story out to the investing public."

Capital Research Group, Inc. is based in Weston, Florida. The company's Founder, President and CEO is Mr. Charles T. Tamburello. "Capital Research Group has demonstrated to us their ability to put their clients on the radar screen of the investment community and generally, that translates to increasing shareholder value," continues Williams. "Mr. Tamburello has an excellent reputation. He is very selective, representing only fundamentally sound, undervalued small-cap companies with enormous growth potential."

Capital Research Group's Web site is www.thesubway.com.

About Virtual Gaming Enterprises, Inc.

Virtual Gaming Enterprises, Inc. is in the business of gaming on the Internet and operates a family of 18 virtual casinos and is a Master Gaming Licensee for the Commonwealth of Dominica (July 7,1999). The online gaming market is projected to grow from $535 million to more than $10 billion in three years (source:DATAMONITOR/quickchart/quickchart.asp?symb=DATAMONITOR) and the Company is strategically positioned to benefit from the predicted revenue explosion.

Except for historical matters contained herein, the affairs discussed in this press release may contain forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may reflect assumptions and involve risks and uncertainties that may affect Virtual Gaming Enterprises, Inc.'s future business and prospects and could cause actual results to differ materially from such forward-looking statements.
Contact:

Virtual Gaming Enterprises, Inc.
Virgil Williams, 760/510-0188
info@vgam-ent.com
vgam-ent.com
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