*NBET* NEWS!!!!
June 03, 1999 08:20
NetBet.com Opens Its Grand Pacific Casino in Costa Rica; Launches New Web Site
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LAS VEGAS--(BUSINESS WIRE)--June 3, 1999--NetBet.com (OTC BB:NBET) Thursday announced that the opening of its Grand Pacific Casino in Jaco Beach, Costa Rica held on May 21, 1999 eclipsed the company's most optimistic projections.
An estimated 500 people were in attendance for the opening which was covered by Costa Rica television and newspapers. Based on the casino's opening success and low operating costs, management expects the casino to be immediately profitable.
The Grand Pacific Casino is one of the largest casinos in Costa Rica and offers legal forms of gaming including American roulette, blackjack, canasta wheel roulette, slot machines, tute (a Costa Rican card game similar to Caribbean stud poker) and video poker. The Grand Pacific Casino is located in the Jaco Fiesta Hotel, one of the largest hotels in the world-renowned resort center of Jaco Beach.
With more than 3.5 million people, the Democratic Republic of Costa Rica is considered to be the tourist destination of choice in Central America, with beautiful beaches on both the Carribean and the Pacific Ocean and an interior often called the "Switzerland of America".
In addition to its Grand Pacific Casino, NetBet.com also provides gaming software and management and financial consulting services to clients operating offshore Internet gaming sites. More information on Netbet.com can be obtained by visiting the company's Web site at (www.netbet.com). There are also links to Netbet.com's client's sites where a patron can try their luck at the free games including bingo, roulette, slots, video poker and blackjack.
NetBet.com's scope of operation includes the design, development and promotion of interactive, software-based games of chance. Utilizing the Internet as a medium for presentation, the company provides technology services for the online worldwide casino marketplace 24 hours a day, 365 days a year.
Safe Harbor Statement
Some statements in this release are forward-looking and are subject to certain risks and uncertainties. These risks and uncertainties include but are not limited to economic conditions, changes in laws or regulations, demand for products and services of the company and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements.
CONTACT: NetBet.com, Las Vegas
Jim Brewer, 949/474-2191
or
Media & Investor Relations
Market Pathways
Shannon T. Squyres, 949/955-1860 |
