Gaming Transactions Inc. to Build and Sell White Label Versions of Keno.com.LONDON -- Keno.com Ltd. (UK), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Gaming Transactions Inc. (Pink Sheets:GGTS GGTS Gravity Gradient Test Satellite GGTS Global Grid Telemedicine System ) and a leading provider of online gaming portal management, is pleased to announce that it has begun its sub-licensing program for white label Keno.com-style websites. The company intends to build and sell turn-key websites, drawing from a stable of over 200 keno-related URL's that it has available for licensing. Operators will be charged a nominal set-up fee, as well as an ongoing percentage of licensing fees. The software handles all operations in real time with the security needed in today's world. Keno, the game, is one of the highest grossing products for many North American public gaming corporations such as the New York Lottery Corporation and the British Columbia Lottery Corporation The British Columbia Lottery Corporation ('BCLC') is a Crown Corporation of the Province of British Columbia, Canada. It has provided government sanctioned lottery services to those in British Columbia since 1985. . Easy to play, quick, and profitable, Keno has become a favorite to gamblers who want the excitement of a lottery draw without having to wait for a weekly offering. The company is still on track to launch the new version of Keno.com for cash before the end of the quarter, utilizing casino software provided by RedFelt Software Ltd. (UK), a subsidiary of CYOP CYOP Create Your Own Path Systems International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CYOS CYOS Create Your Own Story ). The site will feature over 40 games and be available in 10 languages. About the Company Gaming Transactions Inc. is a developer and provider of online casino games and portals for the internet gaming industry. The Company's central licensed games site, www.keno.com, is a destination gaming portal where players may participate in a number of gambling and online gaming fixtures. Please visit www.gamingtransactions.com. This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of 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. Investors are cautioned that actual results may differ materially, and all forward-looking statements involve risks and uncertainties, including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming, risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third-party software providers, risks relating to international operations, and risks associated with competition. The Game is Here.(TM) |
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