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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: swisstrader who wrote (12078)	7/19/1999 12:03:00 PM
From: Mr. Fortune	Respond to of 108040

(COMTEX) B: (EVCM) E-vegas.com Inc. Reports Impressive Gaming and Spo B: (EVCM) E-vegas.com Inc. Reports Impressive Gaming and Sports Book Results in First 43 Days of Operation VANCOUVER, British Columbia, Jul 19, 1999 (BUSINESS WIRE via COMTEX) -- e-Vegas Gaming Corp. (OTC BB: ECGC) is pleased to announce the following gaming and sports book wagering results. During the first full 43 days of on-line business activity for e-Vegas Gaming Corp., the company reported $222,000 in wagering. This is split between $177,000 for casino games and $44,000 for sports book betting. "We are very excited about the level of wagering activity the Company has generated over the first reporting period. These results are even more impressive when you consider our marketing program wasn't launched until late June. Many of our advertisements were not running until quite late in the month and we had to build our market from scratch," stated Ed Gallagher, President. "We are looking forward to higher levels of activity, especially with the college and pro football season coming up," added Mr. Gallagher. The full financial performance of the business will be reported at the end of the first full operating quarter of the Company, which concludes at the end of September 1999. New Trading Symbol Announced: Shareholder Action Requested Further to the announcement made on June 4 and June 23, 1999, the Company has successfully completed the transition to the new name: e-Vegas.com Inc.(TM). In addition to the name change, the website has now changed to www.e-vegasgaming.com. As part of the name change, a new trading symbol for the common shares will take place effective Tuesday July 20, 1999. The new trading symbol will be OTC BB: EVCM. The Company's CUSIP# will change to 26927R105. The transition to the new company name will require shareholders to exchange their existing shares of e-Casino Gaming Corporation for shares in e-Vegas.com, Inc. Shareholders must either request their brokerage firm to make arrangements to exchange the shares or exchange the shares personally. The transaction must be complete within 45 days in order for e-Vegas.com, Inc. to pay for the transfer fees. Transactions made after this date will be paid for by the shareholder. The share exchange request and the existing shares need to be sent to: Interwest Transfer Company Suite 100 - 1981 East 4800 S. Salt Lake City, Utah 84117 Attention: Melinda Orth Telephone: 801/272-9294 About e-Vegas.com Inc. e-Vegas.com Inc.(TM) is a casino and gaming business based in Costa Rica. The first element of its business is the establishment of an online casino and gaming business at www.e-vegasgaming.com. The Company is also in the process of developing related businesses and other electronic and e-commerce business that will enhance its overall growth and profit potential. e-Vegas.com Inc.(TM) licenses its gaming software from Intersphere Communications Ltd. (Grenada), a subsidiary of Internet Gaming and Communications Corp. of Philadelphia, PA. Intersphere's - LiveAction Gaming Platform is the most advanced premier gaming management system available for managing and operating an Internet or phone-based sports book and online casino. The system consists of two optional modules including the LineMaster Sports Wagering System, and the Java-based House Advantage Casino Management System. Frost & Sullivan estimate that wagering via the Internet was approximately $1 billion in 1998. Gaming consultants Christinansen/Cummings estimate Internet wagering to reach $2.3 billion by 2001. The Financial Times has estimated that the Internet gaming market will yield annual net earnings of US$10.2 billion by the year 2002. Playboy and Harrah's are now entering the sector. This press release contains forward-looking statements with respect to the results of the operations and business that could be materially different from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: e-Vegas.com Inc., Vancouver Tony Markus, 604/608-6828 or 877/815-3238 www.e-vegasgaming.com WEB PAGE: businesswire.com GEOGRAPHY: INTERNATIONAL CANADA INDUSTRY CODE: INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS COMED ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *