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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino

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To: kbert who wrote (541)5/5/1998 7:12:00 AM
From: Mephistopheles  Read Replies (1) of 2782
 
Attention Features And Technology Editors (CRYP):

KENNY ROGERS 'THE GAMBLER' GOES INTO CYBERSPACE WITH AN INTERNET CASINO

SAN DIEGO, May 4 /CNW/ -- Entertainment superstar Kenny Rogers,
known worldwide as "The Gambler," can tell you when to hold 'em and when to
fold 'em in his new casino on the Internet at www.kennyrogerscasino.com.
Rogers is the first internationally acclaimed celebrity to launch an
online casino. Featuring high-quality casino entertainment with real wagering
for adult players, the site offers Caribbean poker, roulette, blackjack, video
slots, video poker, baccarat and craps.
Kenny Rogers Casino is the only online casino to offer penny slots and
free expert strategy tips to help players increase the odds of beating the
house.
"As an entertainer, I look at the Internet as the future venue for many
forms of entertainment. It is a powerful way to bring fun and safe
entertainment to virtually millions of people," said Rogers. "We are working
with the best in the business to develop the most secure technology so that
players worldwide have fun playing our games, and feel secure knowing that our
consumer protection technology is the best available."
To play, consumers just type in www.kennyrogerscasino.com and download the
software on a one-time basis. Because a "firewall" blocks minors and bets
from the United States, players must establish their country and age through
personal address, bank address and credit card issuing bank. Practice mode is
available with every game for free or players can open an account with a
credit card and the entertainment begins.
All money deposited or withdrawn uses the CryptoLogic Electronic Cash
(Ecash) system, which can handle wagers for players as small as a single penny
per transaction. Winnings are distributed by check, money order or Western
Union Quick Pay in US dollars. Encryption and decryption technology is used
to protect all information sent over the Internet using CryptoLogic's
propriety security algorithm.
The casino software was developed by CryptoLogic, a Canadian public
company (CRYP), under a license owned by Bardanac, Inc., a Netherland
Antilles-based operating company. Inland Entertainment Corporation, a
publicly traded company in the United States (INLD), with which Rogers has had
a business relationship for several years, is the distributor and marketing
consultant.
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