To: Mr. Miller who wrote (3 ) 5/5/1998 1:11:00 PM From: Drake Read Replies (1) | Respond to of 130
Well it definitely look like they have joined the race (or game) to garner Internet Gaming dollars BUT I have heard that KYL will be pushing to have his bill heard by Congress in a few months and the FED's will be coming down hard in the mean time. What will happen if a customer of their system gets busted and their revenues don't meet projections? A drop in share price? >>MINNEAPOLIS--(BUSINESS WIRE)--May 5, 1998-- Global Games, Corp. (OTC Bulletin Board symbol ''GLOW''), announced today they have reached a definitive agreement to supply Global's proprietary Internet-ready gaming software to Internet Gaming Corporation (IGC). IGC initially plans to offer regular Bingo and Full-Session Bingo on the Internet from its gaming business headquarters in Dominica, West Indies. Subsequent to the introduction of IGC's Internet Bingo game,IGC will offer a full range of Internet Casino games supported by Global Games' Software starting with a Multi-player Java Blackjack Game.<< AND....still yet another one >>For anyone interested in another internet gaming play take a look at Inland Entertainment (INLD-Nasdaq National Market). They have just entered the internet gaming business, with a casino endorsed by Kenny Rogers "The Gambler" (www.kennyrogerscasino.com). They already have a very successful Indian Gaming Consulting Business, historically high profit margins, and a very strong balance sheet. In addition, they were just rated the number 7 business in San Diego, by the San Diego Tribune, based four factors (financial criteria). They are recognized experts in the gaming business, they have the resources to pursue new business ventures, and the valuation seems to be quite low at this time.<<