Further Progress in Australia

6 June 1999
It looks like Wrest Point Casino in Tasmania is poised to become the second land-based Australian casino to bring its casino gambling to the Internet. Trans-Global Interactive (TGL), previously a mining company called Trans-Global Resources N.L., will make it happen.

In April 1999, TGL made a deal to acquire a 50 percent ownership interest in Sydney-based Gaming & Entertainment Technology Systems (GET Systems). For the past few years, GET Systems has been developing Java-based online gaming software designed to comply with the Internet wagering regulatory model adopted by Australian gaming ministers in May 1997.

The GET Group granted a software license to Australian National Hotels Pty Ltd (Federal Hotels), operators of Wrest Point and Launceston casinos in Tasmania, on March 1. It also has a licensing deal with Christchurch Casinos Limited of New Zealand, through which it operates a play-for-fun casino.

The software is undergoing a validation process by the Tasmanian government, and TGL anticipates that it will be approved and ready to go live by August 1999.

Lasseters Casino, based in Alice Springs in the Northern Territory, became the first Australian land-based casino to go online in April 1999.

On Friday, an Australian Internet technology company called GOCORP announced that it has been granted the first Internet gaming license issued by the government of Queensland.

For more information on GET Systems and its software, visit:
http://www.getsystems.com

To download an MSWord version of TGL's Information Memorandum (Sections 1-5), go to:
https://www.igamingnews.com/articles/files/SectionsofInfoMem.doc