Global Entertainment Holdings' Subsidiary Interactive Gaming & Wagering Announces a Casino Licensing Relationship - www.CasinoClubVegas.com.Business & Entertainment Editors/High-Tech Writers MIAMI--(BUSINESS WIRE)--Sept. 12, 2002 Global Entertainment Holdings/Equities, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GAMM GAMM Generalized Air Mobility Model GAMM Gimbal Angle Matching Monitor GAMM German Association for Mathematics and Mechanics ), http://www.globalentertainmentinc.com, today announced that its subsidiary, Interactive Gaming and Wagering (IGW IGW Increased Gross Weight (Boeing) IGW Investment Grade Wine IGW Integrated Gateway IGW Integral Gateway IGW Inter-Galactic War IGW If God's Willing IGW International Gateway IGW Internet Gateway IGW Industrial Security Gateway ), has established a licensing relationship with Teltrade International NV to launch an online casino Online casinos, also known as virtual casinos or internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. site at http://www.CasinoClubVegas.com. The site allows players to participate in both the pari-mutuel poolbetting sportsbook site, http://www.yetbet.com, and the http://www.casinoclubvegas.com site, using one account. Jaap Nieuwenhuijs, Managing Director for Teltrade states: "We wanted to offer our customers a way to wager at our poolbetting sportsbook site and our casino, through a single login. IGW made it possible by fully integrating our sites." Casino Club Vegas has a complete offering of traditional Vegas style games including BlackJack blackjack, one of the world's most widely played gambling card games; also known as twenty-one or vingt-et-un. Despite contesting claims between the French and Italians, its origins are unknown. . States Mr. Nieuwenhuijs, "We wanted to provide the online players with an extremely easy to use hosted site, which at the same time compliments Teltrade's current poolbetting sportsbook, www.yetbet.com." "IGW knows the strategic importance of making sure our clients and their players have easy to use sites through integrated applications," states Bryan Abboud, 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. of Global Entertainment and President of IGW. "As a complete turnkey solutions provider, IGW understands there are opportunities to enrich the player experience and reduce our clients' operational costs by integrating our software to other third party applications." Mr. Abboud continues: "IGW has over five years experience supporting the needs of our clients and their customers. One of IGW's goals is to provide long term player attraction through the best use of current technology. We consistently strive to exceed our clients' technical and service expectations. The ability to flawlessly execute the integration of multiple gaming sites in such a short timeframe is an indication of our level of commitment to process, quality, and efficiency." IGW would like to thank one of its referral partners for being an integral part of this long-term relationship. Notes to Editors: Global Entertainment Holdings/Equities, Inc. (OTCBB:GAMM) is a leading publicly traded holding company that provides business development support and administrative assistance for technology-driven subsidiaries that license, develop and host Internet software applications and operate web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. sites in the online gaming sector. 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 Some statements in this release are forward-looking and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws, and the demand for the company's goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements. http://www.globalentertainmentinc.com http://www.interactive-gaming.com http://www.yetbet.com http://www.casinoclubvegas.com |
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