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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: gary baker who wrote (6085)8/7/1998 2:26:00 PM
From: Rente  Respond to of 8879
 
Here is todays news..
Friday August 7, 12:31 pm Eastern Time

Company Press Release

Global Games Corp. Announces Opening of Island Sports Book and Casino
of Dominica

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 7, 1998--(OTC BB:GLOW - news) Global Games Corp. reported today that the Island
Sports Book and Casino of Dominica has informed Global Games that its Internet web site at Islandgaming.net will be up and
operational Monday, August 10.

Island Sports Book and Casino has also informed Global Games that its full betting sports book will be accepting wagers on all major
sports via phone using credit cards. For those wishing to place wagers online, secure online wagering software is being provided by
Global Games and will be available next week.

UPDATE ON INTERNET GAMING CORP. OF DOMINICA

Pursuant to Global Games' license agreement with Internet Gaming Corp. (IGC) of Dominica, the site will be transferred to Dominica
next week. The beta test conducted by Global Games for vegas-live.com is complete. The beta test resulted in programming
improvements and numerous enhancements that will increase the efficiency and enjoyment of the game.

Global Games originally indicated these sites would be transferred by August 10, but due to additional telephone line installations and
Internet registration delays, it is now anticipated that the gaming site will be up and running online by the end of next week.

REPORTING STATUS

Global Games' auditors, Feldman Sherb Ehrlich & Co., have informed Global Games that their scheduled reporting date has been
delayed. These issues are being addressed and Global Games will keep its shareholders appraised of developments. The audit report is
expected to be completed in September.

This press release contains forward-looking statements with respect to the results of operations and business of the Company that
involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and
uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and
Exchange Commission.

COMPANY PROFILE

Global Games Corp. (OTC Bulletin Board: GLOW - news) is an Internet-based commercial service business providing secure
automated transaction processing for Internet customers. Additionally, Global provides management and consulting services. Global's
core marketing strategy is to develop recurring electronic revenue streams based on targeted niche markets where the Company's
expertise can be leveraged.

For direct calls to Island Sports Book and Casino of Dominica effective August 10:

Toll free number: 877-426-9100

Contact:

Global Games Corp.
Gary Borglund or Allysa Amundson
Phone: 612-672-0834
gborglund@globalgames.com
allysaa@globalgames.com
globalgames.comabout.html

More Quotes and News:
GLOBAL GAMES CORP (USA) (OTC BB:GLOW - news)
Related News Categories: banking, computers, entertainment, internet, sports, telecom