News from Asia -- First Cagayan Leisure and Resort Corp. announced today that the government of Cagayan, a province in the Philippines, will be issuing interactive gambling licenses. Operators will do business from the Cagayan Special Economic Zone and Free Port under a master license granted to First Cagayan. The fee structure comprises a low application fee and annual fee as well as a 2 percent interactive gaming tax on gross win. International Casino Services has been appointed to assist in the process of licensing and developing the interactive gaming zone.
New Stuff -- IGW Software, Inc. has launched an online sports book, horse book and casino site for its licensee, Money Top Finance. The new site located at www.ewinner.com.