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

To: Chris Noel who wrote (496)	7/24/1998 11:53:00 AM
From: M_Power	Respond to of 8858

Damn STRAIGHT Starnet's not affected by the Kyl Bill...NEWS... STARNET ANNOUNCES FOUR NEW INTERNET GAMING LICENSEES Wilmington, DE, July 24, 1998 - Starnet Communications International Inc.(NASD OTC-BB: "SNMM") ("Starnet") is pleased to announce that it has licensed Softec Internet gaming systems to four independent operators. Aztec Gaming Inc., a private investment company based in Venezuela, has licensed a Softec Internet gaming system which is fully operational at aztecgaming.com Acorn Development Group LLC has licensed a Softec system which is being marketed overseas at superbet.com Global Interactive Ltd., a private Internet marketing company based in St. Kitts, has licensed a Softec Internet gaming system which will be operated at classiccasino.com Las Vegas Casino Inc., a Panama based Internet gaming company which currently operates fifteen Internet casinos, will leverage its Softec Internet gaming technologies onto internationally marketed web sites such as lasvegascasino.com These four licensees will each be provided with a customized, turn-key Internet gaming system, which features products such as virtual Casino games, a Sportsbook with real-time odds fed from Las Vegas and Europe, a virtual Bingo hall and international lottery ticket brokerage. The licensees' customers can place wagers via the Internet using a secure financial transaction system. Softec Systems Caribbean Inc. (http://www.softecsystems.com) is a wholly owned Starnet subsidiary, which licenses its Internet gaming technologies to independent operators in exchange for participation in the licensees' revenues. Softec now has ten licensees. The Financial Times has estimated that the Internet gaming market will yield annual net earnings of US $10.2 billion by the year 2002. Forbes magazine has described Starnet as "the Microsoft of casino software vendors." Starnet is a fully reporting, publicly held company, which identifies and commercializes Internet Technologies for established entertainment markets. For further information, please contact Starnet Investor Relations Alan Poole, Laurie Dunn, Toma Sojonky (Media) (888) 777-6458 (604) 685-7619 www.SNMM.com ir@SNMM.com The statements in this press 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.

To: Chris Noel who wrote (496)	7/24/1998 12:02:00 PM
From: Drake	Read Replies (2) \| Respond to of 8858

SURPRISE!! You overlooked a major source of revenue for SNMM They are going to have their racetracks accepting wagers in about 3-4 weeks and I heard one of their tracks does about $100 million in wagering and so if they attracted just 1% of that ($1 million) they would get 20% of that wagering ($200,000) that's just one track. Some of their tracks do way more..... AND...the revenues will be as good as the casino licensees. Also.....pari-mutuel wagering is not included under the Kyl Bill so that no matter what happens people will still be able to watch the horse races via Starnet and place bets on the horses.........heehee