2002 Super Bowl Sunday Biggest Day Ever For World Gaming Sportsbooks.Business Editors LONDON--(BUSINESS WIRE)--Feb. 5, 2002 World Gaming plc (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WGMGY), a global pioneer in I-gaming technologies, announced that this year's Super Bowl on February 3, 2002 was the biggest day ever for sportsbooks on the World Gaming platform. World Gaming-licensed sportsbooks accepted over 122,000 wagers WAGERS. A wager is a bet a contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event. 2. The law does not prohibit all wagers. , totaling more than US$7 million on a single event. The amount wagered represents an increase of over 76 per cent from last year. "World Gaming has made its back-office, infrastructure and customer-facing operations a major priority over the past six months," said World Gaming CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mike Aymong. "The completion of upgrades to our gaming servers and improvements to our customer service infrastructure ensured that Super Bowl Sunday was successfully handled without difficulties, despite record volumes."
2002 World Gaming Super Bowl Highlights:
- Total wagers: US$7 million
- New deposits for Super Bowl Sunday: US$2.6 million (up 57%
from 2001)
- New customer accounts: 15,200 (Feb. 1-3, 2002)
(New customer accounts on a typical Friday to Sunday: 6,500)
"The American football season is the company's busiest sportsbook period," said Rodney Davis, World Gaming's chief financial officer. "In addition to our focus on profitability through increased capture rates, we are also working to extend the success of our sportsbook offering beyond the football season through the addition of new, popular sports and entertainment content." About World Gaming plc World Gaming plc is a pioneer and leader in I-gaming software and e-commerce technologies. World Gaming is an international developer, licensor and provider of the industry's most comprehensive offering of online gaming See gaming. products, including casino casino or cassino (both: kəsē`nō). 1 Card game played with a full deck by two to four players. Its origins are obscure though it probably traces back to the Italian game of Scopa. , sportsbook and pari-mutuel betting. World Gaming powers more than 750 Web sites with over 250,000 active accounts. For more information about World Gaming, visit the company's Web site at www.worldgaming.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical fact are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing, evaluation and deployment of products, fraud occasioned upon licensees of World Gaming, regulation of the online gaming industry, and other risks detailed from time to time in World Gaming's filings with the Securities & Exchange Commission. We assume no responsibility for the accuracy and completeness of these statements and are under no duty to update any of the forward-looking statements contained herein to conform these statements to actual results. This is not an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to purchase any securities. |
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