Atlantis Internet Group Announces First State-to-State Wide Area Progressive Gaming Network Linking Indian Casinos Nationwide
October 28 2009 - 5:30AM
Marketwired
Atlantis Internet Group Corp. (PINKSHEETS: ATIG) announced today
that it would launch the nation's first intertribal,
state-to-state, wide-area progressive gaming network linking Indian
Casinos nationwide. Progressive gaming means that a percentage of
the money played by each player in any of the casinos in the
network is added to a combined jackpot. This will be the first
nationwide gaming network offering mega jackpots never seen before
in casinos.
The company's patent-pending Casino Gateway Network (CGN)
product, which recently received approval from the National Indian
Gaming Commission (NIGC), will offer mega jackpots for Slots, Keno,
Lotto games, traditional casino games, and tournament games such as
Poker, and more. The network supports a gaming system with single-
and multi-player stations built around client-server
architecture.
"Our proprietary network product is the first of its kind," said
Donald L. Bailey, CEO of Atlantis Internet Group Corp. "This next
generation of gaming networks is being launched in cooperation with
gaming industry leaders, and will offer much larger potential
winnings by linking casino play nationwide in over 30 States."
A library of Class II and Class III games is available on the
network, along with accounting, money & credit handling, and
ticketing support. The Casino Gateway Network can link games in
multiple casinos across a VPN where each casino is at the end of a
secure VPN tunnel.
The CGN also contains a feature called "Entertainment Plus,"
which allows a player to view the results of certain games played
at the casinos, but can be viewed over the Internet. A player can
purchase chances in a game like Atlantis' Bango Football Pool game
at the casino and then check the results online at home or from any
computer using a pair of unique identifier numbers issued at the
casino. Any winnings must be collected at the casino. Entertainment
Plus also features play-for-fun casino games online where casinos
offer players complimentary rooms and meals as a marketing tool. In
2003 ATIG was one of the first companies to offer play-for-fun
games in Nevada, via an Indian Casino.
According to the NIGC, the Unlawful Internet Gambling
Enforcement Act (UIGEA), 31 U.S.C. § 5361-5367 does not prohibit
the use of the CGN in or between licensed Indian gaming facilities
to administer Class III wide-area progressive jackpots or to play
games like Atlantis' Bango Football Sportsbook/Bingo game,
Traditional Bingo, or other Class II games. The CGN, in other
words, is the kind of multi-site system the NIGC addressed in its
bulletin on the UIGEA.
The Casino Gateway Network can be configured to allow players to
access and play live cash casino games from their home computers.
Presumably, this feature will take advantage of UIGEA's "safe
harbor" provision, 31 U.S.C. § 5362(10) ©, which allows the use of
the Internet for intra- and inter-tribal wagers under certain
conditions if approved by the NIGC. Many Tribes have already
expressed interest in participating in Internet gaming using the
CGN and plan to request permission from the NIGC. "This would allow
Atlantis to offer the first legal full-scale Internet gaming within
the borders of the United States, which was a 9 billion dollar
industry before the 2006 UIGEA ban," noted Bailey.
About Atlantis Internet Group Corp. ("ATIG")
Utilizing an innovative development team and licensed gaming
executives to oversee its state-of-the-art online gaming and slot
machine products, ATIG is bridging the gap between traditional
gaming casinos and online gaming. ATIG is a pioneer in the effort
to interface with online games and player tracking systems found on
traditional floor slot machines.
Internet users can play-for-fun games including blackjack,
roulette, craps, and more at http://www.AtlantisInternetGroup.com.
The games utilize industry leading technology. In addition, the web
site features links to ATIG's clients, corporate information, and
descriptions of products the company offers.
Forward-Looking Statements
Any statements made in this press release which are not
historical facts contain certain forward-looking statements; as
such term is defined in the Private Security Litigation Reform Act
of 1995, concerning potential developments affecting the business,
prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific
items described in this release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon
the best judgments of management of the company as of the date of
this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties,
general market and economic conditions, technical factors, the
availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The
company disclaims any obligation to update information contained in
any forward-looking statement. This press release shall not be
deemed a general solicitation.
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Contact: Linda Bailey 717-652-8015
http://www.AtlantisInternetGroup.com
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