To: Carl (566 )
From: SCOOBEY-DO Sunday, Dec 27 1998 12:15PM ET
Reply # of 2338
Hi Everyone,
We still have a couple of days before the end of the year, but I was looking at what Betting Inc. has accomplished in the last couple of months. Betting Inc. has made great strides in becoming a revenue generating company according to their press releases.
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On October 26, Betting Inc.'s press release stated the following:
"Betting Inc. 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.
"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 operator 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 player lives."
On November 16, Betting Inc. issued the following information:
"Betting Inc. has signed on Goldmine Casino (http://www.goldminecasino.com) as the first casino to receive Pay Master credit-card payments.
"These transactions are defined by Betting Inc. as PERFECT gaming transactions, whereby the consumer is personally sending encrypted remote financial electronic card transactions to the gaming operator by way of a card-reader terminal.
"Goldmine Casino will feature live roulette as well as other casino games over the Internet."
On December 23, Betting Inc. reported the following:
"Betting, Inc. 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 betters to wage more conveniently and safer.
"Present Betting Inc consumers will now have access to e-Sportsbet through self-service (Pay Master) terminals because of this relationship.
e-Sportsbet provides consumers the opportunity to bet on all major sports with direct Las Vegas odds.
"e-Sportsbet plans to expand to an Internet format in the near future at 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."
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With all of the advancements that Betting Inc. has made in the last two months, I am very interested to see what our company will do in the next year.
What do you think BETT will do next year to generate additional revenue?
As Betting Inc. signs on additional casinos and/or sports books, Betting Inc. should become better known within the industry, which should bring in additional business.
Go BETT!!! Scoobey
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