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To: BCfan who wrote (4851)7/21/1998 12:59:00 PM
From: TrumpCards  Read Replies (1) | Respond to of 8879
 
Here is some great info for Internet Gaming regulation by the Antiguan Government. This is positive info.

FOR IMMEDIATE RELEASE
ST. JOHN'S, ANTIGUA, WI. 15 JULY 98

ANTIGUAN GOVERNMENT AND INTERACTIVE GAMING COUNCIL CALL MEETING TO PROMOTE GLOBAL REGULATION OF
INTERNET GAMBLING

The Interactive Gaming Council (IGC) today announced a strategic alliance with the Government of Antigua and Barbuda through the Free Trade &
Processing Zone to enhance consumer confidence in Internet gaming. The parties have agreed to convene an international work group of countries
interested in Internet gaming to develop a model code and to foster creation of an international infrastructure to handle dispute resolution and to
monitor the interactive gaming industry.

Like Australia, New Zealand, Costa Rica, Liechtenstein and other nations, Antigua is moving ahead to legalize and establish consumer protection
measures. The joint initiative follows on the announcement that the government of Dominica will, as a sovereign nation, set up and operate the first
government-run Internet casino. Antigua and the IGC are the first to call for the formation of such a multilateral effort to address jurisdiction,
sovereignty, consumer protection concerns, and to propose the implementation of measures to help insure the integrity of Internet gaming on a
worldwide basis. The IGC announced that it will sponsor a meeting to organize the international effort at an upcoming meeting of the International
Association of Gaming Regulators in Prague this October.

The government of Antigua and Barbuda is a leading Internet licensing authority in the growing trend of countries seeking to license Internet
gambling. Antigua through its "Free Trade Zone" has already licensed over two dozen interactive gaming operators. The Interactive Gaming Council
(IGC) is the international trade association that represents responsible interactive companies committed to licensed and regulated operation. The IGC
is at the vanguard in developing formulas for growth of the industry and protection of consumers.

Vere Murphy, Commissioner of the Free Trade Zone, explained that as the Internet continues to grow, regulation of cyber-gaming is necessary to
protect consumers, to encourage responsible trade practices by operators, and to address issues such as compulsive gambling, restricted access by
minors and money laundering.

Murphy explained: "Like prohibition in the United States, unilateral action by a single country to address interactive wagering is only a partial
solution to the broader global and regulatory concerns. Only through joint international cooperation can an adequate regulatory framework succeed in
an international arena."

IGC chair Sue Schneider echoed Murphy's statement. "We agree with nearly every witness who has testified before the National Gambling Impact
Study Commission in the U.S. on this issue. Prohibition of Internet gambling will not work to protect consumers. The Internet is a global medium,
and thus, requires a global regulatory solution."

To further energize this public/private partnership, Antigua and Barbuda's Free Trade Zone announced that it is joining the IGC as a participating
associate member.

For further information, inquiries may be directed to:

Mr. Maurice Vere Murphy, Commissioner
Free Trade & Processing Zone
Tel: 268-460-5552



To: BCfan who wrote (4851)7/21/1998 1:00:00 PM
From: TrumpCards  Read Replies (1) | Respond to of 8879
 
Check out the mention of Government of Dominica setting up first government run Internet Casino. Cool.

Like Australia, New Zealand, Costa Rica, Liechtenstein and other nations, Antigua is moving ahead to legalize
and establish consumer protection
measures. The joint initiative follows on the announcement that the government of Dominica will, as a
sovereign nation, set up and operate the first
government-run Internet casino.

Trump.



To: BCfan who wrote (4851)7/21/1998 1:18:00 PM
From: TrumpCards  Read Replies (2) | Respond to of 8879
 
Here is an internet gaming Co. trading at $9 Their sports book URL (which was just put in operation in April ) is at virtsports.com./ This is what the Government of Dominica will be doing very soon. Very cool.

SAN DIEGO -- Virtual Gaming Technologies, Inc. (OTC Bulletin Board: VGTI) through its subsidiary Virtual Gaming Technologies (Antigua),
Ltd. (VGTA) has started accepting membership applications, from non-US residents, for its International Sports Market, VGTA's online Sports Book
community, which will enable members to bet on professional worldwide sports.

According to VGTI President Joseph Paravia, International Sport Market will be fully operational by the end of April at virtsports.com.
"We are very pleased that now we are able to cater to the whole spectrum of the gaming industry for non-US markets," Paravia said. "The
International Sport Market comes as an addition to our online virtual casino and shows the commitment that our company has in providing the best
on-line gaming entertainment to international markets."

Founded in 1996, VGTI is a leader in online gaming specifically targeting non-US residents. Its online virtual casino, which can be found at
virtcasino.com, has been accepting membership applications since November of 1997. For additional information on VGTI, visit the
company's corporate web site at: virtgame.com.

- April 9, 1998