Intercapital Canada Warms up to AIE

7 July 1999
Online gaming software developer Atlantic International Entertainment, Ltd., AIE has entered into a license agreement providing multiple Bingo Blast systems and a Lotto Magic system to Intercapital Canada, Ltee, a subsidiary of Total Entertainment Inc. The games will be offered at various Intercapital websites.

The agreement is an extension of a previous deal between the two companies. AIE President and CEO Richard A. Iamunno indicated that the companies plan to expand both the number and the types of gaming and wagering systems available through the contract by mid July.

Both companies are optimistic about their partnership's growth potential.

"There is a synergy between Atlantic International Entertainment and Total Entertainment that will benefit all three of our sites, theluckydragoncasino.com, theonlinecasino.com and slotsvegas.com," said Total Entertainment President Mitchell Brown, "and will most certainly lead to positive future ventures and increasing revenues for both our companies."

AIE anticipates revenues to exceed $750,000 during the term of the agreement.