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To: blessed who wrote (7278)11/5/1998 11:47:00 AM
From: blessed  Read Replies (1) | Respond to of 8835
 
MORE NEWS!!

BW1247 NOV 05,1998 7:15 PACIFIC 10:15 EASTERN

( BW)(GIC-GLOBAL)(GGNC) GIC Global Intertainment: Cyberbetz Sports
Book and Casino Completes the Translation into Chinese for the Asian
Markets

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Nov. 5, 1998--GIC Global(OTC Bulletin
Board:GGNC) GIC Global Intertainment Corporation, (United States OTC
BC:GGNC) a high technology entertainment and marketing company that markets an
online sports book and casino at cyberbetz.com, announced today that it
has completed the translation of their Internet Sports Book and Casino site into
Chinese. Full implementation of the translation into Chinese characters will appear on
the whole site within the next 30 days of operation.

James Chu, president and CEO said "Asia is a huge and untapped market for internet
gaming, the potential for exponential growth for our Company in this market is
enormous. The translation of the
Sports Book and Casino into Chinese will allow us to aggressively market the site into
Asia which will dramatically increase revenues and the awareness of Cyberbetz on an
international scale and give
added value to our existing and future shareholders."

The translations of the Company's Sports Book and Casino site into Japanese, Spanish
and German are currently under way and the Company will introduce Casino games and
Sporting events which are popular in those particular regions or countries of the world.
For example, in the Company's Japanese translated Sports Book and Casino site, the
Company will introduce Japanese style slot machines in the virtual casino to attract
customers from that particular region.

GIC Global Intertainment Corporation is a high technology entertainment and marketing
company that searches for proven state of the art technologies that are directly linked to
the Internet,
specifically in the area of Internet gaming.

The statements in this press release may contain 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 are
subject to the safe harbor created by these sections. Actual results may differ materially
from GIC's expectations.

--30--sb/bos*

CONTACT: GIC Global Intertainment Corporation
Chris Sargent, 877/GIC-WINS (Toll free) or
(604) 688-6888
ir@ggncwins.com
www.ggncwins.com

KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
ENTERTAINMENT