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New OnLine Casino Opens

LAS VEGAS -- Torrey Pines Nevada Inc., in conjunction with Casinos of the South Pacific, (COSP), said that the COSP casino located in the Cook Islands began taking "MONEY WAGERING" at its gaming site at www.ck.cosp.com Friday, May 16, 1997.

COSP has completed installation of its software and COSP has signed exclusive agreements with a European Credit Card Clearing Service that allows COSP to take credit card bets over the Internet. COSP's software incorporates several levels of security for the player against fraudulent use of credit cards.

As an additional precaution, COSP has contracted with an A+ insurance company to cover any loss suffered as a result of the unauthorized use of an individual's credit card and to guarantee payment of prizes.

COSP's gaming test site, www.cosp.com , has been receiving, without any advertising, over 80,000 hits per day for the last 12 months from interested players at its gaming test site on the "net". Management estimates that during the last year over $3,000,000 in beta test money has been wagered monthly.

TPNN, on behalf of COSP will begin an aggressive advertising campaign both on the Internet and in print media, targeting the growing markets in Asia, Europe and Australia. The COSP casino currently offers Joker Poker, Straight Slots, 8 Way Slots, Draw Poker and Black Jack. Officials with the company tell RGT OnLine that players should keep an eye out for multi-player games coming to COSP in the near future.

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