CINCINNATI, May 5, 2005 (PRIMEZONE) -- Games, Inc. (OTCBB:GMSI) relaunched its www.Lottery.com website this week with expanded features and services for lottery players in the United States and Canada.
"With the continued growth of State-sponsored lotteries across the United States and active interest from several states to access and purchase a lottery ticket over the Internet, we felt it was advantageous to reposition our www.lottery.com site to make it easier to navigate and more consumer-friendly," said Roger W. Ach, II, Chairman and CEO of Games, Inc.
41 states and the District of Columbia now have lotteries and there is legislation pending in North Carolina that would institute a lottery in that state later this year. Georgia, Illinois, Texas and North Carolina all have active legislation calling for access to Lottery Online; they would join the UK Lottery offering Lottery Online in Great Britain. In 2004, North American Lottery sales were $54 billion.
The new www.Lottery.com site will feature an enhanced subscription option, a customer forum, games and prizes, a text alert capability and an upgraded e-commerce application.
Cincinnati, Ohio based, Games, Inc. operates in the area of interactive entertainment primarily focused on Government Sponsored Lotteries and Internet Games. The Company's principal business owns and operates a portfolio of online portals focused on the delivery of interactive entertainment and content to consumers. The Company features two community-focused online game sites as well as proprietary games for purchase-and-download, conventional online play, peer-to-peer and tournament game play. Games, Inc. also features a digital greetings site and a site and proprietary back-end system for the online facilitation and reporting of state and provincially-sponsored Lotteries. Revenues are largely driven by lottery information services, online advertising and subscriptions; however proprietary content delivery and decremented payment systems will enable software licensing to become a component of the revenue mix along side merchandise and lottery-driven commissions. For more information, please visit the Company's corporate website, www.gamesinc.net, or their portfolio sites, www.gameland.com, www.skillmoney.com, www.lottery.com and www.cards.com or contact Sue Craner at investorrelations@gamesinc.net.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Games) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Games. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. We undertake no obligation to update information in this release.