Market Pathways to Showcase Global Entertainment At Financial Fest in Las Vegas

Business Wire, Oct 5, 1999

OMAHA, Neb.--(BUSINESS WIRE)--Oct. 5, 1999--

Global Entertainment Holdings/Equities Inc. (OTC BB:GAMM) (www.globalentertainmentinc.com) Tuesday announced that Market Pathways Financial Relations Inc., a full-service financial public relations firm specializing in representing small and mid-cap public companies, will showcase Global Entertainment at the Financial Fest, on October 9, held at the Orleans Hotel & Casino in Las Vegas.

Since its inception in 1992, the Financial Fest has become an extremely popular one-day investment conference. Financial Fest is held in major markets to attract a broadest possible collection of exhibitors and attendees, including start-up ventures seeking seed capital and later stage development companies looking for mezzanine financing, to brokers, money managers and institutional investors looking for the next investment opportunity.

"The Financial Fest is the perfect forum for us to showcase our innovative and highly successful business strategy. We feel the timing of this October event is absolutely perfect, based on the fact that we are currently in the best shape in our company's history, with regard to our revenue model, balance sheet and market orientation," said Steve Abboud, president & chief executive officer of Global Entertainment.

Global Entertainment Holdings/Equities provides development stage equity financing, strategic investment consulting and merger and acquisition related services to up-and-coming technology companies in the Internet gaming industry. Global Entertainment's wholly owned subsidiary, Interactive Gaming and Wagering N.V. (IGW), is based in Curacao, an economically advanced and modern island which is part of the Netherlands Antilles in the Caribbean. IGW has developed a proprietary software technology called Internet & Telephony Sportsbook & Casino System (ITSCS). ITSCS is a market leading turnkey sportsbook and casino software product and service combination that is licensed to third party online sportsbook and casino operators.

Global Entertainment's second wholly owned subsidiary, Prevail Online Inc., based in San Francisco, specializing in Web-publishing, operates three fully independent online services: www.wheretobet.com, www.thesportsdaily.com and www.netbet.org. These unique online portals attract consumers with a proven blend of highly focused content and superior marketing techniques. Through the added value financial services provided by Global Entertainment, these sites are among the most advanced and popular on the Web.

Market Pathways Financial Relations Inc. provides financial public relations services to a number of publicly traded companies in a variety of industries. The company's comprehensive range of services includes stockbroker relations, institutional outreach and support, media relations, shareholder communication and investor lead generation.

Safe Harbor Statement

Some statements in this release are forward-looking and are subject to certain risks and uncertainties. These risks and uncertainties include but are not limited to economic conditions, changes in laws or regulations, demand for products and services of the company and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements.

www.globalentertainmentinc.com www.interactive-gaming.com www.TheSportsDaily.com www.Wheretobet.com www.netbet.org

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