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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?


To: LORD ERNIE who wrote (3394)11/5/1999 8:08:00 AM
From: ocmayor  Read Replies (1) | Respond to of 18222
 
eGaming and Entertainment Update 11/05/99

777wins.com is currently undergoing a few major changes. In the upcoming week 777wins.com will sign a new merchant-processing bank. (A merchant-processing bank is the service that will run our online credit card transactions.) 777wins.com will also begin an aggressive marketing campaign to generate a major increase in web traffic to the site.

eSportsbet.com, a Costa Rican Sportsbook owned by PowerClick, has been re-launched at http:///www.esportsbet.com. We recently reached an agreement with eSportsbet.com to offer them consulting services. eSportsbet.com will pay us significant fee revenue from the business for our services, and will expand the fee when Irish originated transactions begin with pay per play by ATM card and Pin. Taxation of the winnings will also be implemented. eConnect believes this will be the business model for global Internet Gaming.

The new eSportsbet.com web page currently features a toll free number for clients to call in Costa Rica. The sports site also advertises a free trip to Las Vegas for new accounts.

eConnect will not be accepting offshore sports wagers. eConnect's only function will be to provide eSportsbet.com with consultation.

Michael Ramer
eConnect