February 24, 2002
LAS VEGAS -- Betting Inc. announced it has generated first revenues by acting as a gaming transaction facilitator for Goldmine Casino.
Using their credit cards and publicly placed terminal kiosks, consumers have opened gaming accounts with Goldmine Casino on the Internet (www.goldmine.com). Betting Inc. provides the player with a secure transaction bypass of the Internet with both credit card information and personal address information.
Betting Inc. has generated service fees for facilitating this transaction between players who are opening gaming accounts through the terminals, and Goldmine Casino. No actual gaming is occurring.
Betting Inc. plans to update its service to accept same-as-cash ATM cards with PIN for online debit by early 1999.