NEWS!!!
e-Casino Gaming Corp. Launches On-Line Casino Website on April 20, 1999
Business Wire - April 19, 1999 09:51
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
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