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

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To: Jorjenzak who wrote ()5/27/1999 9:55:00 AM
From: SCOOBEY-DO   of 266
 
To: SCOOBEY-DO (467 )
From: Dan Meckenstock Tuesday, Oct 27 1998 10:23AM ET
Reply # of 2323

Publicly Located Self-Service Betting Inc. Pay Master Units to Provide Internet Gaming Operators With Substantial Cost Savings Plus Better Credit-Card Security for the Players

biz.yahoo.com

LOS ANGELES--(BUSINESS WIRE)--Oct. 26, 1998--Betting Inc. (OTC BB:BETT - news) has begun to distribute free Pay Master units at public- waiting-room locations in Redondo Beach, Calif., that will provide Internet gaming operators with a self-service unit that enables present Internet gaming customers to open or to replenish their accounts by nonverbal credit-card cash advances or by ATM-card or smart-card, nonreversible cash payments.

Opening gaming accounts or replenishing them are legal, nonbetting transactions.

Additional cost savings to the Internet gaming operators are offered by the new player -- sitting at a car wash or hair salon or hotel lobby -- simply using the Pay Master alphanumeric key pad to input his/her name, address and other salient information needed by the Internet gaming companies.

By using the publicly located Pay Masters, Internet gaming customers can elect to send ''card present'' credit cards, which is a lower merchant charge rate to the gaming operators and which also offers the player the additional security of not sending his/her home address over the Internet and alerting burglars to where the Internet gaming player lives.

The player will be charged a small fee per transaction for this service that will be electronically paid to Betting Inc.

The Pay Masters are initially being distributed for free at waiting-room locations in Southern California as an electronic device that enables waiting-room customers to self-service shop from printed catalogs.

Gaming material will also be distributed at these same locations for self-service-Internet-gaming sign up or account replenishment.

Betting Inc. is presently offering Globallot Bingo information at its Pay Master locations, and is in discussions with sports book and other gaming operators.
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