VANCOUVER, British Columbia--(BUSINESS WIRE)--April 19, 1999--
e-Casino Gaming Corp. (OTC BB:ECGC) is proud to announce the opening
of their playable Website located at www.e-casinogaming.com.
The e-Casino Gaming Corp. website opens for interactive play on
April 20, 1999. The first few days will provide Play For Fun gambling
opportunities in a number of different games. This is the first step
in e-Casino Gaming Corporation's business development plan to provide
leading edge, entertaining and rewarding on-line gaming experiences to
the growing market of on-line gamblers.
"Today will be the first day that people will not only get a
chance to glimpse the future of on-line gaming but they will actually
get to play our site without risking money. We want our customers and
the gaming community to get the look and feel of how exciting it will
be to gamble on our website without the usual risk associated with
learning-by-losing at a new site," says Ed Gallagher, CEO, e-Casino
Gaming Corp.
e-Casino Gaming Corp. will be using the most advanced Java based
on-line gambling and sportsbook platform available. This software has
been licensed from Intersphere Communications Ltd. (Grenada) whose
client base includes Metro Goldwyn Mayer (MGM Interactive), Comcast,
Chelsea House, 123 Casino and others. The software licensed by
e-Casino from Intersphere - LiveAction Gaming Platform is based on two
stand-alone systems that when combined offers the most advanced
Internet wagering system available.
e-Casino Gaming Corp.'s site is designed to offer the gaming
public a fun and rewarding experience that is tailored graphically
after the Vegas strip experience. "We are elated with the design and
playability of this site and know our customers will feel the same
way. We expect that actual on-line gambling for money will be
available by May 1, 1999," said Ed Gallagher, CEO, of e-Casino Gaming
Corp.
The first phase of the e-Casino Gaming Corp. site will offer the
following games to the playing public:
- Blackjack (3 versions)
- Slot machines (3 versions)
- Video poker
- Keno
- Roulette
- Sportsbook
Additional games will be offered as the site and the business
develops.
The e-Casino Gaming Corp. website will also offer access to
investor relations and corporate disclosure information. The company
believes it is important for investors and gamers to have access to
information about the company, its objectives and its achievements.
e-Casino Gaming Corp. will compete with other operators in the
internet gaming market such as GIC Global Intertainment Corporation
(OTC BB:GLOW), Global Games Corporation (OTC BB:GGNC), Starnet
Communications International Inc. (OTC BB:SNMM), Gaming Lottery
Corp. (Nasdaq:GLCCF) and Cybergames Inc. (OTC BB:CYGA).
Frost & Sullivan estimate that wagering via the internet was
approximately $1 billion in 1998. Gaming consultants
Christinansen/Cummings estimate internet wagering to reach $2.3
billion by 2001. The Financial Times has estimated that the Internet
gaming market will yield annual net earnings of US $10.2 billion by
the year 2002. Playboy and Harrah's are now entering the sector.
About e-Casino Gaming Corporation.
e-Casino Gaming Corp. is a casino and gambling business based in
Costa Rica. The first element of its business is the establishment of
an online casino and gambling business at www.e-casinogaming.com. The
Company is also in the process of developing related businesses and
other electronic and e-commerce business that will enhance its overall
growth and profit potential.
This press release contains forward-looking statements with
respect to the results of operations and business which could be
materially different 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.
SOURCE: e-Casino Gaming Corporation
--30--KO/na*
CONTACT: e-Casino Gaming Corp.
Tony Markus, 604/608-6828
www.e-casinogaming.com |
