E-commerce......................... I told you..............
LAS VEGAS at home............
Interactive Gaming & Communications Corp. Reports $.10 Per Share 3rd Quarter Earnings
PLYMOUTH MEETING, Pa., Jan. 13 /PRNewswire/ -- Interactive Gaming & Communications Corp. (OTC Bulletin Board: SBET - news) an Internet-based development company and online gaming software provider, has filed its 1998 third quarter earnings report for September 30, 1998.
Revenues from continuing operations increased to $160,364. Expenses decreased from $603,561 in 1997 to $230,053 in 1998. Loss from continuing operations decreased by $409,924 in 1998 or about 85%. The total Company assets are $7,383,938.
The Company's 3rd quarter earnings were $.10 per share.
The Company, through its subsidiary Intersphere Communications Ltd., develops software and online wagering applications for the Internet, and has recently introduced a wagering portal site called Gamblenet located at gamblenet.com.
Gamblenet will make advertising revenue by providing links to information in a fashion similar to YAHOO! as well as direct sales of gambling related books, videos and music through its relationship with AMAZON.COM (Nasdaq: AMZN - news).
Interactive Gaming & Communications Corporation is a publicly traded Internet company whose stock is traded under the ticker symbol SBET. Complete Company filing information may be found at Edgar Online or on the World Wide Web at igccorp.com |
