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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote (1403)11/16/1998 4:38:00 PM
From: Popiye  Read Replies (2) of 1561
 
Monday November 16, 3:20 pm Eastern Time

Company Press Release

Betting Inc. Signs Goldmine Casino's First PERFECT Gaming Merchant

LOS ANGELES--(BUSINESS WIRE)--Nov. 16, 1998--Betting Inc. (OTC BB:BETT) has signed on Goldmine Casino (www.goldminecasino.com) as the first Internet casino to receive Pay Master credit-card payments.

Pay Masters are consumer-friendly terminals that are being freely distributed to locations where people wait, such as car washes, hair salons and hotel lobbies (www.hpos.com).

Consumers can now use the Pay Master to legally open their gaming account with a self-service electronic credit-card payment to Goldmine Casino.

These transactions are defined by Betting Inc. as PERFECT gaming transactions, whereby the consumer is personally sending encrypted remote financial electronic card transactions to the gaming operator by way of a card-reader terminal.

Goldmine Casino will feature live roulette as well as other casino games over the Internet. The Betting Inc. service will provide national exposure for Goldmine Casino and a safe method for its customers to use their credit cards to open an account.

Betting Inc. will charge the players $10 to open a $50 account and $5 to replenish a $50 account. Goldmine Casino will promptly receive the full amount sent by the player.

Betting Inc. will charge online gaming companies a small one-time setup fee that will enable them to receive self-service impulse PERFECT transactions from public Pay Master locations.
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