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Winners Internet Network, Inc.Announces Two New Gaming Contracts.
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--July 14, 1999.
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Winners Internet Network, Inc.Announces Two New Gaming Contracts
July 14, 1999 08:59 AM
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--July 14, 1999--David C. Skinner, Jr., President and CEO of Winners Internet Network, Inc., WINR, would like to announce that on July 13, 1999 WINR has signed two new casino contracts through its agent Access World.

WINR has reached agreements with two separate and unique gaming companies.

The first Licensee www.planetpoker.com is an interactive card room. They specialize in bringing poker enthusiasts together over the Internet allowing them to play against other poker players anywhere in the world. Poker playing at Planet Poker is a great way to enjoy the cardroom experience without the inconvenience of travel, second-hand smoke or intimidating patrons. They have been in operation since January 1998 and are currently working with the WINR technical staff to begin processing their transactions with the WINR safe, secure and confidential online processing system. It will take approximately 10-15 days from the date of the signed agreement before WINR will begin their processing.

The second Licensee www.casinovega.com is a recently developed interactive online casino. It was developed to allow players from around the world to play games such as black jack, craps and bingo interactively with other players, as well as other popular casino games like video poker, slot machines, roulette and baccarat. They are also working with the WINR technical staff to begin processing their transactions with the WINR safe, secure and confidential online processing system. It too will take approximately 10-15 days from the date of the signed agreement before WINR will begin their processing.

With the signing of these two new contracts WINR receives licensing revenues of $50,000 and will begin generating processing revenues in approximately 10-15 days.

Information contained in this news release other than historical information should be considered forward-looking and is subject to various risk factors and uncertainties. For instance, the strategies and operations of Winners Internet Network, Inc. involve risks of competition, changing market conditions, changes in laws and regulations affecting these industries and numerous other factors discussed in this release. Accordingly, actual results may differ materially from those in any forward-looking statements.