Thomas, FYI
Global Entertainment Unveils New Internet
Gaming Software
PR Newswire - December 17, 1998 08:17
OMAHA, Neb., Dec. 17 /PRNewswire/ -- Global Entertainment
Holdings/Equities, Inc. (NASDAQ OTC BB: GAMM) announced that its
subsidiary, Interactive Gaming & Wagering (IGW), has released new
software that fully integrates for the first time the growing Internet
and the telephone sports wagering industries.
IGW's revolutionary software, the Internet & Telephony Sportsbook
System (ITSS), offers online gaming operators unprecedented
networking infrastructure for sportsbook administration and
unparalleled security for customers. The security of the system was
developed by a Department of Defense contractor, and can be
customized for specific online/telephone sports book operations.
"With the explosive popularity of online and off-shore gaming, this is
what the industry has been waiting for," said Bryan Abboud, president
of IGW. "We see our software on the leading edge of the online
wagering industry that is speculated to grow to $10 billion by 2002."
The ITSS has successfully completed beta-testing and has been
working live for 18 months by at IGW's licensee, VIPsports Online
Wagering (www.VIPsports.com), and is now ready for worldwide
marketing and licensing in both English and Spanish. The ITSS will
soon be available in multiple languages in order to capitalize on the
international nature of the Internet.
In addition to the ITSS, IGW is currently negotiating with a leading
online casino software developer to enhance and expand its existing
services. With headquarters in Omaha, Nebraska, Global
Entertainment Holding/Equities, Inc. provides financial consulting,
investment banking and funding for Interactive Gaming & Wagering
and the online gaming industry worldwide.
www.globalentertainment.com www.interactivegaming.com
SOURCE Global Entertainment Holdings/Equities, Inc.
/CONTACT: David E. Henderson of Edelman Public Relations,
202-371-0200,
for Global Entertainment/
/Web site: globalentertainment.com
(GAMM) |
