GLOW News released-
Wednesday October 14, 3:24 pm Eastern Time
Company Press Release
Island Gaming Reports Substantial Revenues in First Month
MINNEAPOLIS--(BUSINESS WIRE)--Oct. 14, 1998--(OTC BB: GLOW - news) Global Games Corporation today announced that Island Sports Book
and Casino reported to Global Games that the Adjusted Gross Revenue for the month of September, plus the first week of October, was $528,000. The
current number of active accounts at Island Sports Book exceeds 500. Island Sports Book is extremely pleased with this new business activity, since these accounts have been opened without
solicitation.
Island Sports Book has started its Internet advertising campaign.
The company's gaming site, islandgaming.net, will be linked
and indexed on over 500 search engines and Internet directories, with banner ads and hot links to follow.
Island Sports Book successfully opened its chat room Saturday, October 10. Each chat room holds 19. Additional chat rooms can be created (see create room on front page). Cyber casino will
introduce blackjack, video poker, and video slot games. Permanent versions of these multi-player games, using Global Games software, will be installed in the very near future.
Newer browsers do not require much information to be listed in the Internet address location. However, if you are not sure which browser you have or you have difficulty logging on, please make
sure to use the full internet address: islandgaming.net Please note that since the web site will be under construction and installing new gaming features for some time, the site may occasionally be
unavailable during off-peak hours.
Island Sports Book and Casino is a private international business corporation with Dominican ownership. It is located in, and licensed by, the Commonwealth of Dominica, West Indies. As an Internet
gaming company, Island Sports Book and Casino is dedicated to delivering quality casino gaming and interactive wagering using advanced secure online servers and state-of-the-art software
programming.
Profits from Island Sports Book and Casino's business will be shared with the government of the Commonwealth of Dominica where they will be used to improve hospitals and medical programs,
youth sports programs, airport expansion and other community projects on the Island of Dominica.
In response to shareholder's concerns regarding pending litigation against Global Games Corp., the company, working with its law firm, will keep all litigants and shareholders apprised of its plans in
this regard. We are dealing with these issues and will have a progress report soon.
This press release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. The company's actual future results
could materially differ 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:
Gary Borglund or Allysa Amundson
Global Games Corp.
Phone: 612-672-0834
gborglund@globalgames.com
allysaa@globalgames.com
www.globalgames.com
or
Island Sports Book and Casino
Toll-free phone: 1-877-426-9100
islandgaming@cwdom.dm
They have a bunch more stuff to be releasing soon. More signifigant press releases should follow today's. |
