Business Wire – dot com Entertainment Group, Inc., through its wholly-owned subsidiary corporation, dot com (Antigua) Ltd., announces that it has entered into a license agreement with Rock International Limited, a company owned by Victor Chandler, to deliver and install a suite of Internet casino technologies in September of 2001.
Rock International is also reviewing the possibility of licensing dot com’s Internet Bingo technologies, which would occur subsequent to the launch of its Internet Casinos.
Victor Chandler first established gaming operations in London in 1946. In addition to Rock International, Victor Chandler also operates Victor Chandler International which comprises its headquarter operation in Gibraltar with 350 staff and the Riviera Casino in Antigua, on-track operations at major British racing and golf events and marketing operations in Hong Kong, Bangkok, Malaysia and Japan.
Victor Chandler has been involved in the racing and general Situs Judi Bola sports betting and bookmaking business for over 50 years and has consistently been recognized as the most innovative and dynamic player in the sector. The Group’s annualized revenues are estimated to exceed US$650,000,000.
In addition to purchasing dot com’s internet gaming technologies, Rock International will also purchase the e-digital services of Inferno Media, dot com’s in-house advertising firm, who will assist in developing and brand its Internet Casinos. dot com’s technologies will be used by the Victor Chandler to run a Victor Chandler Casino brand, as well as affiliate Internet Casino brands.
“Given their experience in this sector and their international and land-based presence, we expect that Rock International could quickly become our largest licensee,” said Scott F. White, dot com’s President & CEO. “With the assistance of the e-digital services of Inferno Media, we anticipate that Victor Chandler’s Internet Casinos will become leaders in the competitive e-gaming sector.
“The fact that this group has substantial resources and an existing infrastructure to aggressively grow their business, will create enhanced revenue streams for dot com and enhanced shareholder value.”
This announcement represents the completion of dot com’s second land-based licensee, confirming its successful penetration into the Internet casino e-gaming sector.
dot com is a leading supplier of Internet gaming technology, being one of the first companies in the world to develop and license multi-play, pay-for-play Bingo. dot com files annual and quarterly reports with the SEC and is focused on the development, delivery and support of Internet entertainment software systems, such as online bingo, online casino and other related products and services.