SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Analyst Scotty who wrote (4435)2/7/1999 2:17:00 PM
From: Ed Pettee  Read Replies (1) of 6545
 
Here is more on the interview with David Skinner:

Qest; You have been in business for only 5-6 weeks.
Skinner:We started in Mid December. We have been developing the software program for 1 1/2 years. He stressed " We are a financial software on-line processing company. The only company that he knows that can process Visa,Master Charge, AMEX, and Discover Cards for our customers to deposit funds into their Winners account.He stressed that we are not a gambling company per se . He mentioned his early background of working with Sports Books via 800# 's. He also stated that we look for blue chip companies to sign up, so that the customers can feel certain that they are with quality Gambling houses and not fly by nights.

He was asked if these are off-shore companies , and he answered yes and listed about 5 off-shoe locations.

Asked How this works with the customers money:
Skinner described how the funds are deposited with the Trust in Liechtenstein and the safety of those funds. He stressed the safety of the customers funds. That the bank has been around since 1954.The customer can select any of the Casino's or Sports Books and play their games. He can also move the money around to the other Casinos. He further described how the customer gets his money out within 24 hours by way of a wire transfer, or cashiers check. However he mentioned the Debit Card now being set up with a Bank.When this is in place the customer will have instant access to his funds thru 300,000 ATM machines in 117 countries.

Asked what kind of games:
Response: All types that would be found in a normal Casino, and he ticked off about 5-6, including Poker and Texas Hold-um.
This prompted a question on whether you can play Poker with other people from around the world . The answer was yes on one site, in a Poker Pit , you can play against other people from all over the world.

He mentioned that we currently have 8-Casino's 7 Sports Books and another Casino and a Lottery coming on line soon.

On the question of how we make money: he stated we have 4 ways. One an in-processing fee of 5%. Two an out-processing fee of 2.5%, Third We receive a one time $50,000 licensing fee for the length of the contract, and fourth we receive interest on funds held in the Trust.

I will add a second post.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext