(BSNS WIRE) WorldNet Casinos Featured In "Online Investment Guide"
WorldNet Casinos Featured In "Online Investment Guide"
Business Editors
LAS VEGAS--(BUSINESS WIRE)--April 21--(BUSINESS WIRE)--Ranes
International Holdings Inc. (OTC BB: RIHI), merging with WorldNet
Casinos.com, announces release of a wide ranging interview to the
"Online Investment Guide" (www.investment-guide.com). The Editor of
the Online Investment Guide states in an announcement briefing, "Come
see our new Company Spotlight on Ranes International Holdings Inc.
(RIHI)! "When we did our last Spotlight Starnet was at $4. Now it is
at $11! We see the same potential in Ranes."
6 The Internet has arrived as a powerful source of information,
and it is quickly changing the way individuals access investment
related information and resources. The Online Investment Guide is a
leader at presenting information on the Internet gathered through
traditional interviews. The Editors selected WorldNet Casinos as a
leading Internet Gaming company to follow and contrast their recent
interview with StarNet.
6 Kelly Arruda, President of WorldNet Casinos.com stated; "We
were pleased to be selected as the "Company Spotlight" in Online
Investment Guide. Our audits should be completed soon, and Management
expects to continue our record growth rate.
WorldNet Announces Second Major SBG Contract
6 A second major partnership agreement with WorldNet Casinos and
SBG Global, one of the largest offshore sports betting operations in
the world. This exclusive agreement provides players using WorldNet
Casinos' CyberBookie(TM) Internet gaming software, the ability to bet
on any sports game, anytime, anywhere over the Internet.
6 WorldNet Casinos, operating out of Costa Rica, is a pioneer in
Internet gaming software and the developer of CyberBookie(TM), "The
First and Biggest Sports Book on the World Wide Web". CyberBookie is
the most advanced on-line Internet sports betting software on the
market.
6 Arruda continued; "Some of the SBG Global revenues may be
reflected in March/April, but today's announcement foretells
significant additional wagering flow for 1999 from our two SBG Global
contracts. May will be a banner month for WorldNet Casinos, we will
receive our new trading symbol, formally complete our audits and
complete our application for NASDAQ. The remainder of this year looks
to be very strong."
6 The 1998 Casino & Gaming Business Market Research Handbook
predicts that the Internet gaming market could reach $100 billion to
$200 billion in annual revenues by 2005. According to Datamonitor,
online gambling turnovers have the potential to dwarf those of other
interactive services, tapping into an existing traditional gambling
market valued at over $700 billion in Europe and the US alone.
Casinos, lotteries and sports books dominate the new market, allowing
customers with an Internet connection and a credit card to gamble
literally anywhere in the world. With the most successful services
turning over more than $1 million per week, the current market value
of $600 million is just the tip of the iceberg.
6 WorldNet Casinos.com, a pioneer of Casino Games and services
for the Internet, is the leader in developing Casino games that are
easy to access, exciting to play and safe and secure to use. For
additional information about our products or company, please visit our
web site www.worldnetcasinos.com, e-mail press@worldnetcasinos.com or
call the Investor Relations Department toll free at 1-877-899-9950.
6 Note: Certain statements herein that are not historical are
forward looking statements which involve risk and uncertainties.
Investors who seek more information about the company's business and
relative risk factors may wish to review the Company's periodic
reports filed with the SEC including, but not limited to, its most
recent Annual Report on Form 10-K/SB and Quarterly Report on Form
10-QSB
--30--jrw/ny*
CONTACT: Ranes International Holdings Inc.
Andy Ruppanner, 561-367-7432
KEYWORD: NEVADA
INDUSTRY KEYWORD: ENTERTAINMENT COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
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