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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT)

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To: Jorjenzak who wrote ()5/26/1999 10:07:00 AM
From: Jorjenzak   of 266
 
To: LPasko (4 )
From: AugustWest Saturday, Mar 28 1998 11:47PM ET
Reply # of 2299

Betting Inc. (OTC Bulletin Board/ BETT) to Begin Testing Home ATM Card Sports Accounts and Starts to Lay the Groundwork for an Expected 250 Billion Dollar Global Home and Office Wagering Market by 2001

March 27, 1998

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LAS VEGAS, March 26 /PRNewswire/ via NewsEdge Corporation -- One of the largest home betting services is beginning home testing in April with Betting Inc. (OTC Bulletin Board: BETT) the usage of the Betting Inc. Pay Master equipment and bank ATM cards to open and replenish sports accounts, stated Tom Hughes, CEO of Betting Inc.

SWYW, the joint venture between ET&T and Smoky Mountains Technology, will be acting as the host processor of the Pay Master transactions and will also be placing Pay Masters in hotel lobbies for self service gaming transactions.

The Pay Master will effect home and public location self serviced transactions with no operator support. The usage of the ATM card will be as an electronic funds transfer transaction and is the same as cash to gaming operators.

At the conclusion of successful testing, Betting Inc. expects an initial order of 60,000 Pay Masters for delivery by the home betting service to their prime customers.

Betting Inc. is focused on the processing of global Personal Encrypted Remote Financial Electronic Card Transactions wagering.

SOURCE Betting Inc.

/CONTACT: Jay Goldberg of Carnegie Cooke & Co. Inc., 800-262-2331, or e-mail: jayg@sprintmail.com/ (BETT)

[Copyright 1998, PR Newswire]

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