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To: Boss Fan who wrote (1061)3/3/1999 10:43:00 AM
From: K_28e  Read Replies (1) | Respond to of 13776
 
News is out on QTNT

biz.yahoo.com



To: Boss Fan who wrote (1061)3/3/1999 12:20:00 PM
From: DR. MEADE  Read Replies (1) | Respond to of 13776
 
I know I'll take a whipping for this , but here goes **** Take a look at HOPR at .003-.004, on good vol. Mentioned in following todays PR. Also
, note that HOPR owns a % of CWRC which is trading at .16. ****

Wednesday March 3, 9:30 am Eastern Time

Company Press Release

Ranes Announces WorldNet Casinos Contracts its Award Winning Internet
Gambling Software to World Sportsbook Leader -- SBG Global

LAS VEGAS--(BUSINESS WIRE)--March 3, 1999--Ranes International Holdings
Inc. (OTC BB:RIHI - news) under a definitive agreement to merge with
WorldNet Casinos, announces WorldNet Casinos has signed a strategic
alliance with SBG Global, to license WorldNet Casinos' state-of-the-art
Casino software packages as a Limited Partnership.

SBG Global, one of the largest offshore sports betting operations in the
world, selected WorldNet Casinos' software after a comprehensive review
of all competitive casino gaming software packages. WorldNet Casinos
will net 40% of the ''Net Win'' of all processed transactions.

The rapid growth of Internet gambling was outlined in a 1998 Sports
Illustrated cover story entitled ''Cyber Gambling: Should it be stopped?
Can it be stopped?'' The story reports that analysts predict ''explosive
growth'' in the Internet Sportsbook gambling industry. According to
Sports Illustrated, ''What was a $60 million business in 1996 will
handle $600 million in bets in 1998, with $6+ billion likely by 2001.''
This latest contract enables WorldNet Casinos to share in hundreds of
millions of potential revenue with SBG, and achieve WorldNet's goals of
tripling revenues in 1999 and growing faster than the industry.

WorldNet Casinos, a pioneer in Internet gaming, is the developer of
CyberBookie(TM), ''The First and Biggest Sportsbook on the World Wide
Web''. Combining Internet Casinos, superior Internet technology,
comprehensive and secure off shore account processing and the Casino
games ''Players Love to Play'', WorldNet Casinos is the world's premiere
Internet gaming software company.

The benefits of this alliance to WorldNet Casinos include a dramatic
increase in revenues and Internet advertising exposure throughout SBG
Global's vast Internet presence. More importantly, it affords WorldNet
Casinos the ability to include SBG Global's Sportsbook in all of its
Internet Casinos and in those of its Casino Partners.

SBG Global Sports, ''The world's most respected Sportsbook'', operates
out of Costa Rica and may be visited at www.sbgglobal.com. Well known
for integrity and customer service, the company was highlighted in a
recent edition of Offshore Gaming Association news:

''SBG Global Sports'' 888/946-6374 -- This book is one of the premiere
books in the Caribbean. They have been around for years and have the
highest number of clientele, hands down. Their customers have always
been paid, even when the company briefly closed early in 1998, every
single one of their customers received every penny they were owed.

We at the Off Shore Gaming Association have visited the book,
immediately noticed the professionalism and pride of the personnel
there. Their number one concern was customer satisfaction. And the
technology there was state of the art. They have their own satellite and
have several hundred employees to handle the volume of calls.

''This agreement with industry leader SBG Global validates the quality
and capability of our Internet gaming software,'' said Kelly Arruda,
WorldNet Casino President. ''Our $6 million investment in proprietary
software and hardware infrastructure is paying off.''

According to the Computer Industry Almanac, by the end of 1998 there

were more than 147 million Internet users worldwide. This number is
constantly growing. By the year 2000, 327 million people around the
world will have Internet access. The top 15 countries will account for
nearly 82% of total Internet users (including business, educational and
home Internet users). By the year 2000 there will be 25 countries where
over 10% of the population will be Internet users.

Forrester Research recently estimated that worldwide Internet commerce
could reach as high as $3.2 trillion in 2003. The 1998 Casino & Gaming
Business Market Research Handbook predicts that the Internet gaming
market could reach US $100 billion to US $200 billion in annual revenues
by 2005.

Representative competitors in the exploding casino and gaming industry
include: Lakes Gaming Inc. (Nasdaq:LACO - news), Monarch Casino and
Resorts (Nasdaq BB:MCRI - news), Holly Holdings (OTC BB:HOPR - news),
Ameristar Casinos Inc. (Nasdaq:ASCA - news), Park Place Entertainment
Corp. (NYSE:PPE - news), Autotote Corp. (AMEX:TTE - news), and and Black
Hawk Gaming and Development (Nasdaq:BHWK - news).

WorldNet Casinos.com, pioneer of Casino Games and services for the
Internet, is the leader in developing Casino games that are easy to
access, exciting to play, and safe and secure to use. For additional
information please visit our web site www.worldnetcasinos.com, e-mail
press@worldnetcasinos.com or call John Kirk, investor relations at
877/899-9950.

Note: Certain statements herein that are not historical are forward
looking statements that involve risk and uncertainties. Investors
seeking more information about the company's business and relative risk
factors may wish to review the Company's periodic reports filed with the
SEC including, but not limited to, its most recent Annual Report on Form
10-K/SB and Quarterly Report on Form 10-QSB.
------------------------------------------------------------------------
Contact:

Ranes International Holdings Inc.
John Kirk, 877/899-9950

------------------------------------------------------------------------
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