To: Vacheh A.M. who wrote (1494 ) 9/15/1998 4:35:00 PM From: AKINOLA AKINPELU Respond to of 6545
$50 billion per year industry worldwide by the year 2000biz.yahoo.com WorldNet Gaming, Ltd. Introduces License Agreements for Internet Casino and Sport Book State-of-the-Art "Gaming" Infrastructure is the Result of 20 Exhaustive Man-years of Research & Development FT. LAUDERDALE, Fla., Aug. 20 /PRNewswire/ -- WorldNet Gaming, Ltd. (WNG), a privately held global provider of advanced on-line gaming technology and related Internet technologies, announced today that it will begin licensing a number of Internet digital gaming casinos and sports books beginning in September. With gaming on the Internet expected by many researchers to become up to a $50 billion per year industry worldwide by the year 2000, and as much as $200 billion annually within the next several years, the ability for entrepreneurs to license WNG's premier gaming-related technologies couldn't have arrived at a better time. WorldNet Gaming has truly been at the forefront of digital gaming technology, investing over 20 exhaustive man-years in research & development to be able to introduce its state-of-the-art gaming infrastructure. WNG's unprecedented accomplishments include the establishment of exemplary strategic alliances, international bandwidth capabilities, superior intellectual properties, exclusive banking resources, and specialized merchant processing services. WNG is also planning to actively participate with the Interactive Gaming Council (IGC) in order to enhance worldwide consumer confidence in global Internet gaming. WorldNet Gaming's technology also continues to be acknowledged for its superior design and performance. For example, as of August 5, 1998, ''Place Your Bet,'' the on-line Gambling Network, selected WNG's primary Internet casino ''Ace in the Hole'' (www.aceinthehole.co.cr) as the number one sports betting site out of the top 100 gambling sites in the world. In addition, WNG has just licensed ''The Gambler'' (www.thegambler.com) as well. ''Our on-line gaming technology is built upon our genuine concern for consumer protection and the assurances of bona fide integrity of Internet gaming on a worldwide basis,'' said Trevor Weir, President of WorldNet Gaming. ''We look forward to working with gaming enthusiasts throughout the world to make on-line gaming an experience that is not only highly enjoyable, but also very safe.'' For more information regarding this new licensing program, visit the WorldNet Gaming Web-site atworldnetgaming.com , and/or contact the company's business development office by phone at 800-400-0975, ext. 235.