Atlantis Internet Group Announces History-Making Launch of First Legal Intranet Gaming Platform via Its Tribal Gaming Network
February 22 2012 - 5:30AM
Marketwired
Atlantis Internet Group Corp. (PINKSHEETS: ATIG), a Nevada-based
gaming innovator, made history today with its announced launch of
the first form of legal Intranet gaming within the United States.
The historic launch is commemorated by the signing of agreements
officially connecting the first two Native American Tribal Casinos
in the company's Tribal Gaming Network. The first two charter
member casinos to sign were Coushatta Indian Casino in Louisiana
and Coyote Valley Casino in California. Tribes nationwide are
realizing this is an advantage to be first to capture the online
gaming market in the U.S. which creates new gaming revenues and
exciting online entertainment.
ATIG's Tribal Gaming Network was established in 2009 when the
company was granted an opinion by the National Indian Gaming
Commission (NIGC) to operate its Virtual Private Network (VPN) in
Indian Casinos nationwide. In addition, ATIG has brought together
some of the world's most prominent gaming vendors to offer Class
III, Class II and online games on its proprietary Private Gaming
Network to link together Indian Casinos from 28 States. This first
of its kind multi-game platform offers products from major gaming
vendors on one machine including Table Games, Slots, Simulated
Horse Racing, Nationwide Poker, Simulated Sportsbook, Live Online
Dealer Games, and featuring only the second Powerball-like Lotto
product.
Since April of last year when most big name online poker
companies were shut down by the United States Department of Justice
(DOJ), ATIG's Tribal Gaming Network Poker remained as the only
legal nationwide online poker for live cash allowed on Indian lands
in the U.S. Since that time the DOJ has softened its position
stating that the Wire Act only applies to Sportsbook, leading many
to speculate that major U.S. Internet gaming legislation may be
coming. In the past the U.S. was considered to represent
approximately 60% of the worldwide Internet gaming market.
Commercial casino companies as well as Native American Tribal
Casinos have begun to focus on this marketplace by offering
"play-for-fun" sites. ATIG President and CEO Donald L. Bailey said,
"We have a huge leg up on the competition, having mastered
play-for-fun marketing sites since 2003. Now, based on the NIGC
opinion, to date ATIG is the only gaming company that can legally
offer online linking games other than bingo, nationwide for live
cash, such as poker and progressive jackpots. This is a new
technology that has never been offered in the gaming Industry
before today. ATIG's gaming platform works within the casinos on
Slots, Kiosks, on Android mobile phones and Samsung Tablets and
some of our games play on iPhones. It's the next generation of
server-based technology; in short, it's a casino within a
casino."
About Atlantis Internet Group Corp. Atlantis Internet Group
Corp. is a public Nevada Gaming corporation specializing in the
development of casino games, casino management software, slot
machine software, gaming networks and land-based casino
development. For more information:
http://www.atlantisinternetgroup.com
Forward Looking Statement 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 Email:
info@atlantisinternetgroup.com
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