Starnet subsidiary Softec Systems Caribbean Inc., announced this week that the company has licensed its turn-key Internet gaming technology to Axxis Investments Inc., a private corporation domiciled in St. Johns,
Antigua.
Axxis is a wholly owned corporation of the Ochapowace Band, a sovereign First Nation located near Whitewood, Saskatchewan, Canada. The
Ochapowace Band is one of the most advanced members of the Assembly of
First Nations, with over 1,100 citizens and 14 businesses under its control, including a ski resort, hotel and gravel operations, and a financial corporation.
Axxis will be supplied with a customized, full-service Internet
gaming system and its customers will be able to place wagers via a
secure online financial transaction system.
The Internet gaming technology is licensed through Starnet's wholly owned subsidiary, Softec Systems Caribbean Inc. The web site where Axxis will implement the Softec system will be announced closer to the launch
of their operation. Axxis is contractually obligated to decline online wagers from persons residing in Canada.
"We are very excited about our venture with Axxis," said Starnet CEO Mark Dohlen. "To our knowledge, this pioneering First Nation is the first Canadian Aboriginal organization to enter the Internet gaming market on a global basis."