Business Services Industry
Global Entertainment Holdings' Subsidiary Interactive Gaming & Wagering Announces Licensing Relationship With Sunny Group
Business Wire, Jan 8, 2001
Business Editors
OMAHA, Neb.--(BUSINESS WIRE)--Jan. 8, 2000
- Sunnysportsbook.com New Online Sportsbook for Sunny Group -
Global Entertainment Holdings/Equities Inc. (Pink Sheets:GAMM) (www.globalentertainmentINC.com) announced today that its wholly owned subsidiary, Interactive Gaming and Wagering N.V. (IGW), established a licensing relationship with the Sunny Group Companies.
Dr. Waldo Ramsay, Sunny Group Chairman says, "The alliance with IGW will provide Sunny customers with the worlds best sportsbook software. Our customers have been requesting this service for a long time and this alliance will provide the best product with the shortest time to market.
To capture market share, Sunny will offer attractive odds on all sports world-wide and promotional bonuses at sunnysportsbook.com."
This will be the first implementation of IGW's proprietary Casino Hook product that will enable Sunny Group's large customer base the ability to wager on sports. Through the IGW-Sunny Group-VIP Services partnership, the first wagers will be taken as early as the Super Bowl.
"It's simple," says Bryan Abboud, IGW's Managing Director, "with this strategic partnership where all parties are responsible for their areas of expertise, we have a highly marketable, winning solution."
Global Entertainment provides development stage equity financing and merger and acquisition related services to its subsidiaries, Interactive Gaming & Wagering ("IGW") and Prevail Online, Inc. ("Prevail"). IGW has developed proprietary software called the Internet & Telephony Sportsbook & Casino System ("ITSCS") and maintains a hosting environment in Willemstad, Curacao. The 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. Prevail, based in San Francisco, CA, specializes in Web-publishing and operates three online services: www.wheretobet.com, www.thesportsdaily.com and www.netbet.org. These sites are accepted as leaders in their industry.
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.netbet.org - www.wheretobet.com
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