Business Services Industry
Poker.com Adds Two New Licensees And Launches Visualcasino.com
Business Wire, Feb 4, 2000
Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 4, 2000
(OTC BB:PKER)
Poker.com, Inc. (NASD OTC BB:PKER), announces that its wholly owned subsidiary, Casino Marketing S.A. has sold two more casino licenses to the following companies: JJ Griffen Inc. and Quantum Enterprises LTD. This brings the total number of license sold to 7.
Each licensee will be supplied with a fully operational Internet casino that is Java based and allows instant access to online casino games without the need to download the software. The casino will have nineteen games including blackjack, roulette, craps, pai gow poker, caribbean poker, baccarat, four video poker games and eight slot machines. Multi-player games such as bingo with chat, baccarat, pai gow poker, blackjack, and craps are under development. The licensee's customers are able to place wagers via a secure, online, financial transaction system, which is customized for licensees wherever they are located.
Poker.com's licensee, Antico Holding SA, launches Visual Casino on www.visualcasino.com. The company will be earning monthly royalty fees from these licensees. These royalty fees will provide Poker.com with a continuous revenue stream. Marketing programs have been implemented to direct more traffic to Poker.com and its licensees.
About Poker.com
Poker.com, Inc. is a licensing and marketing company that licenses turnkey Internet gaming systems and has the exclusive worldwide rights to market the poker.com domain name. The company's main sources of revenue are derived from sub-licensing fees, ongoing royalty fees, an opt-in advertising program, banner advertising, and retail e-commerce sales.
Poker.com, Inc. intends to establish www.poker.com as the ultimate gaming portal for the Internet.
This press release may contain forward-looking statements, particularly as related to the business plans of the company, within the meaning of Section 27A of the Securities Act of 1993 and Sections 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results may differ materially from the company's expectations and estimate
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