E-MAIL  NEWSLETTER  OUR PICKS

 

 Date:  

 TOOLS

 My Portfolio 
  Rumors
 Message Boards
 Conf. Calls
 Options
 After-Hours
 IPO's

 Our Picks

 Mutual Funds
 Stock Links
 Volume Movers
 Price Movers 
 Most Active BB
 High Volume BB
 

 COMPANY

Feedback
TestimoniesNew

Disclaimer

The Company

 

 

NewsLetter

ADDDELETE

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

Related News Stories Courtesy of Yahoo!

WrightStock

The Analysis!!

Original Coverage Date: January 3, 1999
Update: January 18, 1999
Category: Growth
Expected Volatility: High
Risk Rating: High
Price as of last update:  
Price at initial coverage: $2 1/8

Description

Winners Internet Network, Inc., (WINR) has established the first ever Worldwide Gaming Payout Structure. WINR will provide management and accounting services to guarantee accuracy of payouts and confidentiality to customers. This system is not limited to Internet Gaming but to all Vendors regardless of their product. It provides a database that will quickly adapt to all types of Internet Commerce.

WINR initially signed a ten year renewable agreement with a Liechtenstein Company which has been providing software services to the International Banking and the Government Community. Since that time, WINR has further developed this prototype to offer the most expanded financial processing package available. It is not only secure with the advanced security technology, but is now a member of the CyberLink Trust providing protected asset management with a Trust that has been licensed and in business since 1954. WINR has been recognized for the ability of its system and the potential it offers.

WINR is a publicly traded company on the NASDAQ EXCHANGE with the trading symbol WINR. It is known as the Players Company representing the interest of Internet Players and providing free service to the Internet Gambler. With the increase in the Internet Gaming market, WINR has recognized the need for the player to have confidentiality and the ability to have access to his account ledger to insure the accuracy of payment and create a new standard for the industry. The focus will also be directed toward all Internet transactions allowing potential
customers to deposit their money where it is confidential, safe and protected. It is expected that approved customers will be able to enjoy the benefits of the new Winners Internet Debit Card giving access to funds worldwide in over 115 countries and over 350,000 ATM machines.

At the present time in the rapidly growing Internet Gaming Industry, a uniform structure does not exist and the customer is literally at the mercy of an unstructured and insecure payout system. In addition, players, unknowingly may face legal problems that could harm them if they violate the gaming laws of their jurisdiction. WINR has a staff of executives, that personally, have been involved in the management and operation of many Casinos and Sportsbooks, including the development of software for Internet Casinos and Sportsbooks. During this period, they realized the problems the industry and the players have faced under the current operating systems. This is all in addition to the entire world of Internet Commerce.

There have been gaps in both Credibility and Integrity and WINR is offering a structured system to solve these problems. WINR has been recognized in various publications to be the much needed "Standard for the Industry." It has also been stated that the system will establish the only legal and foolproof payout structure, and should add "light years to players confidence in casino gaming." It has further been quoted that WINR will be giving a site respectability with "The Winners Seal of Assurance."WINR, headquartered in St. Augustine, Fla. is a company, which has developed an Internet financial structure. The company is engaged in on-line processing for Internet gaming operations as well as other business applications concerning Internet commerce.

Current Situation

WINR announced commencement of operations on December 14, 1998. WINR has announced revenue projections of $1-$1.5 million license fees and $8-10 million processing fees for sites already signed up.

Currently, internet gambling is estimated at $100 million annually and there are estimates that the industry will grow to $10 billion by 2002. Since the WINR system will give the gambler a greater sense of security, WINR's payout system has the potential to become the industry standard.

Outlook

WINR offers the only product designed to offer credibility to the internet gambling industry. WINR receives a license fee from clients and on-going processing fees based on the amount wagered. On-line gambling has been growing rapidly and WINR stands to benefit tremendously.

It's hard to find a company with no competition for their primary product that operates in a rapidly growing industry. This stock has tremendous potential, however, look for severe volatility as various legislation is introduced to regulate the on-line gambling industry.

WINR sites: http://www.winr.net ......homepage

CMS & CLT (financial institution sites with assets in excess of $400B)
http://www.commerzbank.com
http://www.llb.li
http://www.lgt.li

Trust administrator sites:
http://www.proksch.com
http://www.proksch.com/PARTNER.HTM

On-line casino sites currently under contract with WINR:
http://tiss.net
http://www.interbetcasino.com

E-commerce sites (under construction)
http://www.shoppingdowntown.com

What CEO David Skinner, Jr. has to say about WINR
http://www.winr.net/english/aboutus.asp

What CMS, CLT, and trust manager Proksch have to say about WINR
http://www.cfgstocks.com/WINR-061798.HTM

For Investor relations & all past press releases:

http://www.cfgstocks.com