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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?

To: M_Power who wrote (243)	5/19/1998 10:56:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 8858

uesday May 19, 9:06 am Eastern Time Company Press Release Starnet to Broadcast World's First Live Internet Greyhound Racing and Wagering WILMINGTON, Del.--(BUSINESS WIRE)--May 19, 1998--Starnet Communications International Inc. (NASD/OTC BB:SNMM) (''Starnet'') is pleased to announce that it has entered into a simulcast agreement with three premier Greyhound racetracks in Florida, to provide the world's first streaming live coverage and pari-mutuel wagering on dog racing events via the Internet. The Jacksonville Kennel Club, the Orange Park Kennel Club and St. Johns Greyhound Park form the ''Jacksonville Greyhound Racing Circuit,'' which collectively hosts over 400 Greyhound racing events year-round. The Jacksonville and Orange Park Kennel Clubs have been in operation since 1935 and 1946 respectively. St. Johns Greyhound Park's inaugural meet as a dog racing facility was held in 1977. Since 1990, the Jacksonville Greyhound Racing Circuit has been simulcasting its events via closed-circuit television to what now amounts to 85 locations throughout the U.S., Mexico and Trinidad. Coverage from these facilities will be broadcast on Starnet's Internet gaming site, WORLD GAMING (http://www.worldgaming.net). World Gaming patrons will have full access to the system's features, including up-to-the-minute track, program and handicapping information, and live, streaming, audio/video racing coverage. Viewers outside of the U.S. and Canada can place wagers on the outcome of the Greyhound races with World Gaming's secure on-line financial transaction system. World Gaming Services Inc., a wholly owned subsidiary of Starnet, is licensed in Antigua to accept and process wagers via the Internet. In addition to ''Netcasting'' and pari-mutuel wagering on international dog and horse races, the multilingual World Gaming system features virtual casino games, a Sportsbook with a live odds feed from Las Vegas, a virtual Bingo hall and an international lottery ticket brokerage. World Gaming, in conjunction with its global marketing partners, promotes these pastimes to Internet bettors residing outside of the U.S. and Canada. PC Computing magazine has estimated that the Internet gaming market could reach US $20 billion in annual revenues by the turn of the century. ABC Nightline, a national news television show, has described Starnet as ''a reputable pioneer in Internet gambling.'' Starnet (http://www.starnet.ca) is a fully reporting, publicly held interactive entertainment company, which identifies and commercializes Internet technologies for established markets. Starnet's revenue-generating websites receive over 6 million hits per day. For further information, please contact Investor Relations: Toll-Free: 888/777-6458 Telephone: 604/685-7619 Facsimile: 604/684-0391 E-Mail: ir@starnet.ca The statements in this news release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and is subject to the safe harbor created by these sections. Actual results may differ materially from Starnet's expectations. -0- starnet.ca