Global Entertainment Holdings Adds a New Licensee for Online Sportsbook and Casino.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Aug. 18, 1999-- Global Entertainment Holdings/Equities Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GAMM GAMM Generalized Air Mobility Model GAMM Gimbal Angle Matching Monitor GAMM German Association for Mathematics and Mechanics ) (www.globalentertainmentinc.com) Wednesday announced that Interactive Gaming & Wagering N.V. (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 ), its 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. , has signed a licensing agreement to implement its Internet and 800 call center software for Wall Street Superbook (www.wallstreetsuperbook.com). Wall Street Superbook will use IGW's turnkey sportsbook and casino software, a proven system which includes live 800 call center wagering alongside the most technologically advanced Internet sportsbook and casino available. Wall Street Superbook will be ready to immediately handle all types of wagering on major sporting events from around the globe and live casino action from anywhere in the world. All gaming features are accessible through the use of a single account, providing for easy and seamless use by clients. Revenue generated from the Wall Street Superbook Web site will include initial set-up fees for customized Web site development, software configuration, monthly maintenance fees and software licensing royalties. The Web site will be fully operational by the beginning of September 1999. With headquarters in Omaha, Global Entertainment Holding/Equities provides financial consulting, investment banking and funding for its wholly owned subsidiary, Interactive Gaming and Wagering N.V. (IGW), and TheSportsDaily.com (www.TheSportsDaily.com), a division of Global Entertainment Holdings. Itive-gaming.com www.TheSportsDaily.com Licensees' Sites: www.fairdealsportsbook.com www.fairdealcasino.com www.gamedaysportsbook.com www.gamedaycasino.com www.vipcasinos.com www.vipsports.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 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 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. . |
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