GGNC Seals Deal to Purchase Post Time Sports

10 May 1999
GIC Global Intertainment Corporation (GGNC), an online gaming company located and licensed in the Commonwealth of Dominica, has made it official that it's buying Post Time Sports Book Ltd., the operator of Post Time Sports (PTS).

Post Time Sports (PTS) was licensed as an international sports wagering service by the government of Antigua in 1997 and will continue to operate as a fully licensed sport wagering service under its new ownership.

"This a major accomplishment for our company's expansion plan utilizing our acquisition strategy," said GIC Global President James Chu. "Post Time Sports, will make GGNC a more solid and profitable company, and Post Time's revenues will have a very positive effect on GGNC's total revenues."

GIC Global Intertainment Corporation is a high technology Internet gaming company (www.cyberbetz.com) that searches for proven technologies, which are directly linked to the Internet.