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Betting Inc. Plans Home Testing of ATM Card

28 December 1997

LAS VEGAS -- Tom Hughes, Chairman of Betting Inc. announced that Betting Inc. has received from Electronics Transactions and Technologies, (ET&T) (formerly HPOS), the first pay master units which will allow home wagering by ATM card with bank pin or by Smart Card. The Pay Master connects to the phone and provides a printed receipt.

The first phase will be to test from the home, the opening or replenishing of an off-track Betting Account by ATM card which is the same as cash. The second phase will be to test the actual pay-per-play by same as cash ATM cards. Seven states presently allow home OTB activity and the usage of a credit card to open or replenish the account.

Additionally, Betting Inc. is focused on beginning the testing of the opening or replenishing of off-shore casino accounts by the Pay Master and the ATM card.

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