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Poker.co.uk - Poker News Archive

Tuesday 4th October 2005

Gaming Transactions developing new internet games site

Beverly Hills, October 3, 2005 /Newswire/ -- Gaming Transactions Inc. (GGTS.PK:), a leading provider of online gaming portal management is pleased to announce that it will be launching a new version of its flagship portal, www.Keno.com, later this quarter.

The Company has spent the necessary time researching the opportunities that have surfaced within the online gaming industry, and has concluded that Keno.com has excellent opportunities operated as a multi-faceted portal.

As well as providing players with its exciting Keno games, the Company plans to introduce a number of other options including online versions of multiplayer Poker, Bingo, Casino games, Skill Games, Lotteries, Sports and Pari-mutuel betting.

The new version of the site is currently in alpha-testing, after being developed over the later part of the summer and fall. The Company is now looking at strategic partnerships and is developing alliances with other gaming software providers.

Revenues from online gambling are expected to soar from $12 billion this year to $24.5 billion in 2010, according to Christiansen Capital Advisors, a Maine-based consulting firm.

Patrick Smyth, CEO of Gaming Transactions Inc., commented, “Keno.com is the official headquarters for online Keno. And now it will be more. We took a hard look at the state of the industry over the past few months and decided on a course that will provide the most benefits to the Company, while maintaining strong customer appeal. The new site will be a best-of-breed combination of popular online games including Poker, Bingo and of course, Keno.”

About the Company

Gaming Transactions Inc. is a manager of online games and services for the online entertainment and gaming industries. The Company’s central licensed games portal, www.Keno.com, is a destination online gaming website where players will be able to participate in a number of gambling and online gaming fixtures.



Source: OnlineCasinoNews


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