To: Tracy Kurz who wrote (149 ) 3/17/1998 12:13:00 PM From: michel lavail Respond to of 8858
At all : Tuesday March 17, 11:07 am Eastern Time Company Press Release Starnet & Hialeah Park Race Course Enter Into Internet Simulcast Horse Racing Agreement WILMINGTON, Del.--(BUSINESS WIRE)--March 17, 1998--Starnet Communications International Inc. (NASD/OTC BB: SNMM) (''Starnet'') is pleased to announce that it has entered into an agreement with the Hialeah Park Race Course (''Hialeah'') to provide simulcast coverage and pari-mutuel wagering on horse racing events via the Internet. Today marks the commencement of Hialeah's 73rd season as a premier thoroughbred horse racing facility near Miami, Florida. Hialeah also offers a year-round schedule of horse racing events that are simulcast via closed-circuit television. Horse racing coverage from Hialeah will be broadcast on Starnet's Internet gaming site, World Gaming (http://www.worldgaming.net), as well as Hialeah's website. World Gaming patrons will have full access to the system's features, including up-to-the-minute track, program and handicapping information, and live audio/video racing coverage. Users outside of North America can place up-to-the-post wagers on the outcome of the races. ''Hialeah has made a serious commitment to be a major player on the Internet. Our current website (http://www.hialeahpark.com) is one of the best in the thoroughbred industry, with the latest in visuals and up-to-the-second information. We look forward to our association with Starnet and this new and exciting market,'' said Richard W. Sacco, Hialeah's executive director of simulcasting, marketing and media. Starnet's Internet horse racing schedule will include coverage from a variety of international thoroughbred and standardbred events, including on-location racing from Hialeah Park. World Gaming Services Inc., a wholly owned subsidiary of Starnet, is licensed in Antigua, West Indies, to accept and process wagers via the Internet. In addition to pari-mutuel wagering, the multilingual World Gaming system features virtual casino games, a Sportsbook with live odds feeds from Las Vegas and Europe, and an international lottery ticket brokerage. PC Computing magazine has estimated that the Internet gaming market could reach $20 billion U.S. in annual revenues by the turn of the century.