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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes
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To: Big Dog who wrote (25835)6/16/1998 8:07:00 PM
From: Robert Knight  Read Replies (1) of 34592
 
Heres the most recent PR from NBET....

(PR NEWSWIRE) DJ: New Sports Book Receives Additional $11 Million in Wager DJ: New Sports Book Receives Additional $11 Million in Wagers LAS VEGAS--(BUSINESS WIRE)--Jan. 30, 1998--Netbet Inc. (OTC/BB:NBET) Friday announced that Casinos of the South Pacific (CSP) has informed the company that an additional $11 million has been wagered over the Internet by Asian players on recent sport events bringing the total wagers for the first two weeks of CSP sports book operations to approximately $15 million on CSP's Internet Sports Book located in the Cook Islands. Further information on developments in the CSP Internet Sports wagering located in the Cook Islands will be announced as they develop. As previously announced, Netbet receives 80 percent of the net revenues of CSP in return for providing technical, marketing and financial assistance to CSP, which is solely responsible for operation of the gaming and sports betting Internet site. CSP holds approvals from the Cook Islands to accept bets and wagers over the Internet on a worldwide basis except from residents of the Cook Islands. CSP rules and regulations require that bets be accepted only from those jurisdictions where it is not unlawful to do so. The company's previously announced merger with Torrey Pines Nevada is now fully effective. The combined companies will trade as Netbet on the Bulletin Board (OTC/BB:NBET). The company's assets are now in excess of $3 million. Netbet plans to expand its operations in the Internet
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