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Breakthrough for Players????25 November 1997ST. AUGUSTINE, Fla. -- Winners Internet Network announced that it has signed a contract to provide its worldwide gaming payout structure to Telecommunication Information System Services, N.V. (TISS). TISS, says a news release, is the only fully operational licensee of the four exclusive licenses given by the Netherland Antilles government. TISS, through its sublicensing agreements, provides telecommunication resources and support to worldwide gaming casinos and sports Wagering facilities. "WINR has recognized TISS to be the standard in the industry for Internet gaming because of the rigorous licensing requirements established by the government of the Netherland Antilles," said David Skinner of Winners Internet Network. TISS currently has in operation and has provided sublicensing to approximately 30 Sports Wagering and Casino sites. Their growth posture is expected to provide 40 Internet Casino sites, 30 Internet Sports Wagering sites and 20 "800" number Sports Betting sites. WINR has developed a Global Gaming Payout System which they feel will revolutionize both the Internet Casino and the International SportsBook method of payout. Once on WINR's System, a player will be able to track a full accounting of wins and losses at each licensed site. WINR intends to work closely with all government host sites insuring adherence to all international gaming laws and regulations. WINR values this agreement over the next 12 months at 10 to 15 million dollars. WINR is estimating that they will begin operations with TISS no later than March 1st of 1998 or as soon as mid January of 1998. |