NEWS JUST HIT FOR GOCA
(BSNS WIRE) GOCA.com Announces E-commerce Revenues of $4,010,637 and Rec
GOCA.com Announces E-commerce Revenues of $4,010,637 and Record Net Win of
$161,747 for April 1999; GoCasino.com Number of Casino Players Increases 200%
in Past 90 Days
Business & Entertainment Editors
LOS ANGELES--(BUSINESS WIRE)--May 14, 1999--Go Call Inc.
(www.goca.com) (OTC BB:GOCA), Friday announced that its e-commerce
division, which processes transactions for GoCasino.com, showed
wagering revenues of $4,010,637 for April 1999 and a record Net Win of
$161,747.
Wagering revenues for GoCasino.com have increased to a total of
$14,727,756 from January 1999 to April 1999.
This significant growth in wagering revenues since January is the
result of a 200% increase in the number of players at the GoCasino.com
within the past 90 days. Since its inception in September 1998 the
GoCasino.com has recorded wagering revenues of $16,684,851. Wagering
revenues are the total amount of funds wagered by the casino players.
The 1998 Casino & Gaming Business Market Research Handbook
predicts that the Internet gaming market could reach $100-$200 billion
in annual revenues by 2005.
Go Call Inc. is following the success of its competitors within
the Internet Gaming Market that includes Cryptologic Inc. (TSE:CRY),
Starnet Communications International Inc. (OTC BB:SNMM), GLC Limited
(Nasdaq:GLCCF), and Atlantic International Entertainment Ltd. (OTC
BB:AIEE) and Youbet.com Inc. (OTC BB:UBET).
Go Call Inc. develops, markets and manages secure, progressive
and profitable ventures springing from the Internet entertainment and
e-commerce revolution.
The statements in this news release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Exchange Act of 1934 and are subject to
the safe harbor created by these sections. Actual results could differ
materially from those described herein as a result of certain factors
and circumstances.
--30--kwp/la* wja/la
CONTACT: Go Call Inc.
Ian Smith, 800/448-2296 or 519/651-2121
info@goca.com
www.goca.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED
ENTERTAINMENT
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