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Non-Tech : VGAM - Virtual Gaming

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To: BobInBush who started this subject2/1/2001 7:19:51 AM
From: Dr. Microcap  Read Replies (2) of 216
 
Virtual Gaming Enterprises, Inc. Announces Commencement Of Advertising Campaign With Chineseinvestors.com
THURSDAY, FEBRUARY 01, 2001 6:00 AM
- BusinessWire

ESCONDIDO, Calif., Feb 1, 2001 (BUSINESS:VGAM) today announced that it has commenced it's plans for a three-month advertising campaign with Chineseinvestors.com (www.chineseinvestors.com).

Virgil Williams, President and CEO of Virtual Gaming Enterprises, Inc., states, "The board of directors is proud to announce the commencement of an addition to our aggressive advertising program designed to drive traffic to www.thecasinothemepark.com from our targeted demographic."

Williams added: "Chineseinvestors.com has done a very professional job at placing our banner in a high traffic area within www.chineseinvestors.com. This, coupled with the previously announced print ads (Business Wire, January 25, 2001) to be run in www.casinoplayer.com, www.strictlyslots.com and www.pokerdigest.com, starting in February 2001, should generate substantial revenue growth during our 4th quarter of this fiscal year and give us a strong revenue growth outlook for all of fiscal 2001."

Chineseinvestors.com is a dynamic Financial Web site that caters to Chinese readers with the best in financial commentary and analysis. Timely market information of publicly traded stocks with free quotes, charts, market news, and links to research is provided. Other pertinent information available on the web site includes: general statistics, accessed resources, visitors and demographics, activity statistics, technical statistics, browsers and platforms. This web site is especially designed for Chinese readers that are seeking trustworthy market information to help them make informed investment decisions and during the month of December in the year 2000, www.chineseinvestors.com had 36,569,034 hits, for an average of 1,179,646 hits per day, 3,462,756 page views (Impressions) with an average visitor session of: 36:16. Finally "Unique Visitors" totaled 92,314.

Virtual Gaming Enterprises, Inc. is in the business of gaming on the Internet and operates a family of 18 Internet virtual casinos at www.thecasinothemepark.com and www.classicbet.com; is a partner in the sports book, www.vegasbook.com; and is a Master Gaming Licensee for the Commonwealth of Dominica. The online gaming market is projected to grow from $535 million to more than $3 billion by 2002 (source: Bear Stearns Co., NYSE:BSC) 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 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 these forward-looking statements.

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