Gaming Transactions Inc., a gaming investment receiving high praise.

Tuesday, June 21st, 2005

Online Gaming Report

GAMING TRANSACTIONS, INC. (GGTS) is a developer and provider of online games and services for the online entertainment and gaming industries. The company plans to offer multiple online gaming and sportsbetting venues including Bingo, Poker, and front-end casino games like Blackjack, Slots, and ,of course, the gambling favorite Keno.

The Company’s central games portal, Keno.com, gives players all the excitement of a lottery draw, any time they want to play. Keno uses 80 balls numbered 1 through 80. Every game, the house draws 20 balls at random and displays their numbers on screens located on the website. The object of the game is for the player to guess some of the numbers the house will draw. It offers the chance to win large payouts on very small wagers – and that’s why it’s so enjoyable to gamers.

The site is already a major destination on the Internet, and the company’s broad experience in the management of online Keno gaming is widely accepted. GGTS is taking advantage of this recognition, and is in talks with several state governing authorities in the US to develop and run their online gaming sites. Why did Gaming Transactions choose Keno as its flagship product? According to Patrick Smyth, CEO of Gaming Transactions Inc., the decision was taken because Keno is one of the most familiar and widely played betting games around. Offline versions are already popular across North America and Europe, as well as in Asia.

Keno is also the largest grossing game for many American lottery commissions. The game converts easily to an online environment, and it is well known that people are enthusiastic about gambling online.

Emerging, high-tech companies like GGTS can have HUGE upside potentials. What makes this company particularly attractive is that Keno has the highest spread for the house of any mainstream betting game, so profit potentials are huge. The company’s strategy is to focus on the game Keno in the initial stages, and then complement this offering with the additional betting options (Bingo, Poker, Blackjack, Slots and Sportsbook). Many commentators believe that Keno is a wide open market; Gaming Transactions Inc. looks ideally positioned to move right in.

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