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CasinoOnAir Files Suit Casino Malaysia Against World Gaming
COA World Entertainment Ltd., Files Lawsuit Against Gaming Software Developer,
World Gaming Plc. (OTC) - WGMGY.OB ST. JOHN'S, Antigua, April 29 /PRNewswire/ --
COA World Entertainment Ltd., a former licensee of World Gaming - (OTC Bulletin
Board: WGMGY - news), (also known as Starnet), announced today that in March
2002, it has filed a law suit against World Gaming, in the amount of US$1.84 Million.
The complaint charges that World Gaming violated its obligations stipulated in the
service agreement it had signed with former licensee, COA World Entertainment in
connection with operating its online gaming site http://www.casinoonair.com.
Specifically, the Claim alleges, inter alia, that World Gaming never provided COA its
database and failed to amicably cooperate with COA in doing so. World Gaming
software suffered continuous failures and downtimes; it failed to maintain the game
system and to provide continuous technical support and failed to provide on-going
and updated reports, rendering COA significant monetary losses and abandonment
of clients.
BetandWin Selects Chartwell
CALGARY, Alberta. Chartwell Technology Inc. (CDNX:CWH - news) is very pleased to
announce that its wholly-owned subsidiary, Chartwell Games Corp. has been
selected as the online casino software supplier to Simon Bold (Gibraltar) Ltd a
wholly-owned subsidiary of Austrian based BetandWin Gaming Group.
This agreement, which resulted in the development of the Triple A Casino, allows
members the opportunity to access and enjoy the entertaining gaming experience
provided by Chartwell's full casino suite of no download Java games and our soon to
be released suit of instant play Flash games.
With innovative web concepts and strong Casino Malaysia strategic partners, the
BetandWin Gaming Group aims to become one of the leading international players
in the online gaming industry, catering to a broad audience. With a player base of
over 260,000 registered users at the end of 2001, BetandWin generated turnover of
62.3 million EUR compared to 17.3 million EUR from the previous year, positioning
itself as one of the fastest growing online gaming operators in Europe.
"Our license agreement with BetandWin reflects our marketing focus on recognized
gaming brands and our expansion within the European market," states Darold
Parken, President and CEO of Chartwell, "We consider the European market to be a
very significant contributor to both the future growth of Chartwell and the online
gaming industry. The BetandWin Gaming Group is an exciting new gaming brand
within this market and we are pleased to have been chosen as their technology
partner."
About BetandWin.com
BetandWin Gaming Group is a public company based in Austria with its subsidiary
Simon Bold (Gibraltar) Ltd. based and licensed in Gibraltar. The company's strategic
concept is based on the pillars of betting, information and entertainment. Listed on
the Vienna Stock Exchange under the symbol BWIN, BetandWin.com is using its
unique Internet presence coupled with strong partnerships to become one of the
world's leading online gaming companies.
About Chartwell Technology Inc.
Chartwell Technology Inc. specializes in the development of leading edge gaming
applications and entertainment content for the Internet and wireless platforms.
Chartwell's Java and Flash based software products and games are designed for
deployment in gaming, entertainment, advertising and promotional applications.
Chartwell does not participate in the online gaming business of its clients.
Chartwell's team of highly trained professionals is committed to delivering the
highest quality software and maintaining its leading edge through continuous
development and unparalleled customer support.
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