On August 23, 2006, Keno.com Ltd (UK), a gaming portal destination where players may participate in many gambling and online gaming fixtures, is beginning its sub-licensing program for white label Keno.com-style websites. Keno.com Ltd. (UK) is a wholly owned subsidiary of Gaming Transactions Inc.
For many North American public gaming corporations, such as the New York Lottery Corporation and the British Columbia Lottery Corporation, the game Keno is one of the top grossing products. All operations are being run by the software in real time with the security needed in today's world.
Drawing from a stable of over 200 keno-related URL's that it has available for licensing, the company is intending to build and sell turn-key websites. Nominal set-up fee and an on going percentage of licensing fees will be charged to the operators.
For gamblers who want the excitement of a lottery draw without having to wait for a weekly offering, Keno has become a favorite being quick, profitable and easy to play.
Before the end of the quarter, the company is still planning to launch the new version of Keno.com for cash utilizing casino software which is provided by RedFelt Software Ltd (UK). This site will feature over 40 games and will be marketed in 10 languages. RedFelt Software Ltd. (UK) is a subsidiary of CYOP Systems International Inc. (NASDAQ:CYOS).
Thursday, August 31 , 2006
John M. Thorpe
