World Gaming Signs Agreements with Miami Jai Alai and Scarborough Downs
26 February 2001ST. JOHNS, Antigua -- (Press Release) -- Feb. 26, 2001 -- Starnet Communications International Inc. (OTC-BB: ``SNMM'') (``Starnet''), a leading provider of interactive media and information systems for companies engaged in the Internet gaming industry, is pleased to announce that its wholly-owned subsidiary, World Gaming Services Inc.), has entered into simulcast agreements with Scarborough Downs and Miami Jai-Alai.
Scarborough Downs is a harness track located in Portland, Maine, and is the state's largest and most active raceway. Its season begins March 3rd and concludes December 30th. Scarborough Downs will be available around the world on the Internet through Starnet's full pari-mutuel wagering product.
The service includes integrated handicapping information for thoroughbred, standardbred, and greyhound tracks from across North America.
This information is available through Starnet's partnerships with the Daily Racing Form, BRISnet.com, and Track Data Systems. Starnet's Chairman, Interim President and Chief Executive Officer Fred Hazell said ``Our Pari-mutuel wagering software differentiates Starnet as the only I-Gaming Company with a full suite of products, giving us a significant competitive advantage. We plan to leverage this advantage by continuing our expansion into non-traditional pari-mutuel events in the future.''
Miami Jai-Alai is owned and operated by the Florida Gaming Corporation (OTCBB: BETS). Florida Gaming Corporation is the largest Jai-Alai operator in the world. Florida Gaming Corporation owns jai-alai frontons with simulcasting operations in Miami and Ft. Pierce, Florida and is well known for its all-star roster of players.
Florida Gaming's Chairman and CEO, Bennett Collett stated: ``We are very excited to be able to offer the highest level of professional jai-alai games from Miami Jai-Alai - the world-wide brand name in jai-alai. Miami Jai-Alai has a 75-year history of providing the most intense level of competition in the sport of jai alai. We are very pleased to team up with Starnet Communications to offer world-wide distribution of these exciting games to our on-line audience.''
In addition, World Gaming has signed new 1-year agreements with two existing track partners, Phoenix Greyhound Park and Monticello Raceway. Pari-mutuel software Launched on October 12, 2000, Starnet's Beyond2000 pari-mutuel software allows participants to place wagers on-line, access real time betting lines, and view live audio/video streaming of events through Starnet's web site.
The Company and it's tote partner Amtote International, Inc. constructed an International pari-mutuel based hub in Antigua, giving Starnet the ability to link and process bets from all racetracks that have signed agreements with Starnet.
Starnet has signed ten track partners to date, including: Dania Jai-Alai, Delta Downs, Lebanon Raceway, Miami Jai-Alai, Monticello Raceway, Northfield Park, Ocean Downs, Phoenix Greyhound Park, Scarborough Downs and Tucson Greyhound Park.