Daily Nambling Notes - July 11, 2001

11 July 2002

Makin' Deals -- Two more parts of Sports.com have been parceled out and sold. While ukbetting bought the company's sports betting arm, SCG Enterprises Ltd. , recently, Sportingbet plc on Thursday announced that it has acquired the Sports.com domain. Sports.com entered administration in May. Nigel Payne, Sportingbet's group chief executive, said the Sports.com domain name will help globalize his company's business. "Sports.com presents a tremendous opportunity for Sportingbet plc to provide sports betting and gaming services to what is undoubtedly one of the leading domain names on the Internet," he said. The Sports.com site will be redesigned and re-launched within the next new weeks using Sportingbet's technology. In addition, Footymad has signed a five-figure agreement to purchase Sports.com's content and syndication arm. . . . Global Crossing Ltd. 's contract with Camelot Group plc to operate the company's network for the National Lottery has been renewed for seven years. . . . SureFire Commerce Inc. said Thursday that it is outsourcing certain payment processing functions with a European company beginning in the third quarter of this year. In a news release, SureFire said the move is aimed at cutting costs and improving efficiency. SureFire did not name the European company. . . . Online gaming firm Cashcade is on the verge of securing six-figure funding and is in talks with several media owners about launching white-label online casinos and Web-based bingo. In the next few weeks, Cashcade will be launching an online casino for The Racing Post on its Smartbet portal and is preparing to rollout bingo and pay-to-play games with a host of other portals.

New Stuff -- Benjamin Cohen, the former dot-com teenage millionaire who later reinvented himself as an online porn baron, is looking to change his image yet again with the launch of an online lottery boasting prizes of up to £100,000. Cohen, now 20, is launching an Internet lottery called Numbermatch.com. The game, which invites users to enter their mobile phone number for a chance of winning £100,000, also requires users to agree to receive text messages and e-mail from CyberBritain.com and other third parties. . . . Rimpac Resources Ltd. , a Nevada corporation, announced that it is launching a Vietnamese version of its corporate Web site to introduce its Internet lottery products and services to the country. . . . According to the World Lottery Almanac, Vietnamese bought about US$1 billion in lottery tickets in 2001. GoldenPalace.com, the company responsible for all the body billboard tattoos appearing on the backs of high-profile boxers in the past year, is recognizing the importance of the Retired Boxers Foundation. The casino giant is bankrolling the RBF's "Fighters Helping Fighters" campaign by donating 2.5 percent of all upcoming fighters' sponsorship (back tattoo) fees.

Anne Lindner can be reached at anne@rivercitygroup.com.