To: GC (565 )
From: Carl Wednesday, Dec 23 1998 2:25PM ET
Reply # of 2338
Wednesday December 23, 1:23 pm Eastern Time
Company Press Release
e-Sportsbet Sports Book to be First to Use
Perfect Payment System
e-Sportsbet and Betting Inc. Announce Strategic Alliance
LAS VEGAS--(BUSINESS WIRE)--Dec. 23, 1998--Betting Inc. (OTC BB:BETT) from Los Angeles, CA.,
today announced a strategic alliance with e-Sportsbet, of San Jose, Costa Rica, making e-Sportsbet the first
licensed sports book to be signed on by Betting Inc. This strategic alliance allows bettors to wager more
conveniently and safer.
Betting Inc., a publicly traded company, recently began distributing free Pay Master units to many Los Angeles
businesses, including car washes, hair salons, and hotels. The Pay Master units give Internet Gaming participants
instant, self-service access to their accounts, and create printed receipts for verification and security purposes
directly upon placing their order.
Present Betting Inc. consumers will now have access to e-Sportsbet through self-service terminals because of this
relationship. These publicly located terminals are available to credit card users who wish to open new accounts or
to replenish existing ones.
e-Sportsbet provides consumers the opportunity to bet on all major sports with direct Las Vegas odds and no
transaction costs. Since their inception in early 1998, the Costa Rican based company has handled in excess of
$500,000 in wagers per month. According to E. James Wexler, CEO and Chairman of e-Sportsbet, ''This
agreement will prove to be beneficial to both parties. Betting Inc. provides a great and inexpensive means of
broadening the e-Sportsbet consumer base.''
e-Sportsbet plans to expand to an Internet format in the near future at www.e-Sportsbet.com, which will allow
easy access to consumers from their home.
At present, Betting Inc. is working with Goldmine Casino, an Internet casino servicing all casino gambling
avenues except sports. The business of Betting Inc.'' said Thomas Hughes; CEO of Betting Inc. ''is
P.E.R.F.E.C.T. gaming.'' Where P.E.R.F.E.C.T. is Personal Encrypted Remote Financial Electronic Card
Transactions. The result is secure transactions and peace of mind.
Contact:
Betting Inc.
Carnegie Cook, (800) 262-2331
or
For e-Sportsbet:
The Kunian Group
Michael Saitow, (617) 232-0001
More Quotes and News:
Betting Inc (OTC BB:BETT - news)
Related News Categories: computers, gambling, internet, sports
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