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
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.
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