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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (238)	4/21/1999 9:43:00 AM
From: James E Lynch	Read Replies (2) \| Respond to of 363

(BSNS WIRE) WorldNet Casinos Featured In "Online Investment Guide" WorldNet Casinos Featured In "Online Investment Guide" Business Editors LAS VEGAS--(BUSINESS WIRE)--April 21--(BUSINESS WIRE)--Ranes International Holdings Inc. (OTC BB: RIHI), merging with WorldNet Casinos.com, announces release of a wide ranging interview to the "Online Investment Guide" (www.investment-guide.com). The Editor of the Online Investment Guide states in an announcement briefing, "Come see our new Company Spotlight on Ranes International Holdings Inc. (RIHI)! "When we did our last Spotlight Starnet was at $4. Now it is at $11! We see the same potential in Ranes." 6 The Internet has arrived as a powerful source of information, and it is quickly changing the way individuals access investment related information and resources. The Online Investment Guide is a leader at presenting information on the Internet gathered through traditional interviews. The Editors selected WorldNet Casinos as a leading Internet Gaming company to follow and contrast their recent interview with StarNet. 6 Kelly Arruda, President of WorldNet Casinos.com stated; "We were pleased to be selected as the "Company Spotlight" in Online Investment Guide. Our audits should be completed soon, and Management expects to continue our record growth rate. WorldNet Announces Second Major SBG Contract 6 A second major partnership agreement with WorldNet Casinos and SBG Global, one of the largest offshore sports betting operations in the world. This exclusive agreement provides players using WorldNet Casinos' CyberBookie(TM) Internet gaming software, the ability to bet on any sports game, anytime, anywhere over the Internet. 6 WorldNet Casinos, operating out of Costa Rica, is a pioneer in Internet gaming software and the developer of CyberBookie(TM), "The First and Biggest Sports Book on the World Wide Web". CyberBookie is the most advanced on-line Internet sports betting software on the market. 6 Arruda continued; "Some of the SBG Global revenues may be reflected in March/April, but today's announcement foretells significant additional wagering flow for 1999 from our two SBG Global contracts. May will be a banner month for WorldNet Casinos, we will receive our new trading symbol, formally complete our audits and complete our application for NASDAQ. The remainder of this year looks to be very strong." 6 The 1998 Casino & Gaming Business Market Research Handbook predicts that the Internet gaming market could reach $100 billion to $200 billion in annual revenues by 2005. According to Datamonitor, online gambling turnovers have the potential to dwarf those of other interactive services, tapping into an existing traditional gambling market valued at over $700 billion in Europe and the US alone. Casinos, lotteries and sports books dominate the new market, allowing customers with an Internet connection and a credit card to gamble literally anywhere in the world. With the most successful services turning over more than $1 million per week, the current market value of $600 million is just the tip of the iceberg. 6 WorldNet Casinos.com, a 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 about our products or company, please visit our web site www.worldnetcasinos.com, e-mail press@worldnetcasinos.com or call the Investor Relations Department toll free at 1-877-899-9950. 6 Note: Certain statements herein that are not historical are forward looking statements which involve risk and uncertainties. Investors who seek 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 --30--jrw/ny* CONTACT: Ranes International Holdings Inc. Andy Ruppanner, 561-367-7432 KEYWORD: NEVADA INDUSTRY KEYWORD: ENTERTAINMENT COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *