News:
Gaming Transactions Inc. launches new version of KENO.COM
London, UK, September 27, 2006 - Keno.com Ltd. (UK), a wholly owned subsidiary of Gaming Transactions Inc. (GGTS.PK:) and a leading provider of online gaming portal management is pleased to announce that that it has launched a new version of Keno.com.
Keno.com features a number of games including Blackjack, American Roulette, Video Poker, Classic Slots, Craps and 35 other games operating on licensed transactional software, provided and managed by RedFelt Software Ltd. (UK), a subsidiary of CYOP Systems International Inc. (NASD OTC :CYOS)
Patrick Smyth, CEO of Keno.com Ltd. commented, ”We are ecstatic to have launched the new software, and will begin marketing immediately. The platform, on which Keno.com resides, is resilient, provides players with entertaining games and allows us to expand and grow. This is the first version of games, and we will be rolling out our new Keno games and Progressive Keno in the very near future.“
The global online gaming market has experienced rapid growth since its establishment in the 1990s but remains relatively immature. For the five-year period from 2005 to 2009, it is estimated that revenues generated by the global online gaming market will increase to approximately $22.7 billion, representing a compound annual growth rate of approximately 22 per cent.
By 2010, the online gaming industry will surpass USD$25 billion.
