Completes $2.27 Million Private Placement

19 November 1999 Corporation issued 648,859 shares of common stock in an offshore offering for $3.50 per share, raising $2.27 million. Proceeds from the financing will be used primarily to finance day-to-day operations, upgrade existing software, develop new product software systems, marketing and third-party licensing and other corporate development and investor relations purposes.

In addition, the Company corrected an April 29, 1999 press release regarding a share exchange. Between Ltd., a corporation organized under Irish laws, and the Company (formerly known as LAL Ventures Corp.). Under the terms of the share exchange, the Company acquired all (Isle of Man) Limited, a corporation organized under Isle of Man laws and a wholly owned subsidiary of Ltd., in exchange for approximately 8.6 million shares of restricted common stock to Ltd. The sole asset of Ltd. was the stock of (Isle of Man). develops wide area network sportsbook and casino systems and markets and manages licensee's sportsbooks and casinos.