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ST. JOHN�S, Antigua, April 26, 2000 - Waterfront
Promotions Limited, one of the largest private hotel and casino operators
in the Philippines, has signed an agreement with online gaming management
group, InterContinental Casinos Ltd, to proceed with the first phase of
its move to a substantial gaming presence on the Internet.
The agreement will, initially, enable international guests of the group�s casinos to play at a virtual casino using software provided free by the hotel casino group. Later this year it is anticipated that the Waterfront Group will become the first Philippine casino operator to open a fully branded online casino. Shaun McCamley, Vice President of InterContinental Casinos said: �This is an exciting and forward-thinking move by Waterfront. So many land-based casinos see the Internet as a threat and not as the greatest opportunity this industry has ever had. �We are providing a number of casino operators in the Far East with
advice and practical solutions to help them develop their online strategies.�
�Our strategy of developing a strong Internet presence to compliment our existing and future land based operations, is in our opinion, a key factor toward substantially growing our international player base. We firmly believe that, through our partnership with InterContinental Casinos, who are one of the most respected and professionally managed internet companies operating today, our short and long term goals will be successfully achieved.� InterContinental Casinos Ltd is the gaming arm of an international investment group based in Switzerland and Antigua with expertise in the gaming and computer industries. The group operates a number of online casinos and gambling sites. |
Shaun McCamley of InterContinental Casinos, +61-89-228-2325, or [email protected] http://www.intercontinentalcasino.com |
Also See: | Cyber-Gaming: Myth or Virtual Reality / Arthur Andersen |