(COMTEX) B: Cybergames, Inc. Place that Bet and Super 6 Lotto Now Onl
B: Cybergames, Inc. Place that Bet and Super 6 Lotto Now Online
BOCA RATON, FLA. (April 26) BUSINESS WIRE -April 26, 1999--Cybergames,
Inc. (OTC BB: CYGA) announced today, that their agreement with Worldnet
Gaming, Inc. (OTC BB: RIHI) to develop and provide a fully operational
Internet casino "Place that Bet" (placethatbet.com) and a Super 6 lotto
game (super6.net) in Costa Rica, has completed initial testing, play
for free has commenced, and the games are expected to go full service
on or before May 1st.
Jeff Moritz, Chief Operations Officer of Cybergames, Inc. states,
"Place that Bet" is our second Internet casino to become operational.
Our Super 6 Lotto games will be semi-exclusive this year and should
offer dramatic jackpots to players, based on the cumulative 5% of total
play formula, consistently adding to the jackpots, and we can duplicate
as many simultaneous games as practical. Past listings have shown
jackpots reaching $100,000 before a winner was declared. Worldnet's
commitment to Internet marketing capability for "Place that Bet" should
drive substantial traffic to our site."
Cybergames owns and operates three hotel-based casinos in Costa Rica.
In addition, they are developing five Internet cyber casinos to be
based in Dominica, Costa Rica and Dominican Republic. Cybergames, Inc.
also be operating two major charity bingo and keno games benefiting the
Red Cross of the Americas, Children's Cancer Institute, make a Wish
Foundation, and Drug Rehabilitation Centers.
NOTE TO EDITORS: Statements contained in this press release that are
not historical facts are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to risks and uncertainties that
can cause actual results to differ materially from estimated results.
Such risks and uncertainties are detailed in the Company's filings with
the various Regulatory Authorities having jurisdiction.
-0- jc/at*
CONTACT: Cybergames, Inc.
Mori Aaron Schweitzer, 561/447-0619
or
visit our website: www.cygames.com
or
Brokers and Analysts call:
Columbia Financial Group, Inc., 888/301-6271
KEYWORD: FLORIDA INTERNATIONAL LATIN AMERICA
INDUSTRY KEYWORD: ENTERTAINMENT COMPUTERS/ELECTRONICS COMED
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