RED BANK, N.J. & MONTREAL -- Total Entertainment, Inc. (OTC BB: TTLN) jumped into the gambling software business August 19 when the company announced that its subsidiary, Intercapital Canada Ltee, has developed Internet casino and sportsbook applications.
Theonlinecasino.com has completed Beta testing and is expected to start accepting wagers on August 28. It will offer popular Las Vegas-style games and sportsbook wagering.
All transactions for the casino and sportsbook are managed by an electronic cash system, better known as e-cash, developed by Canadian based Intercapital Canada Ltee. Personal information on games and transaction figures are held totally secure with fire walls and encryption by Intercapital's I-cash systems.
"The future for interactive entertainment is the Internet," said Alex Kennedy, CEO and president of Intercapital Canada Ltee. "We are committed to make theonlinecasino.com the leading casino and sportsbook available on the Internet."
Total Entertainment Inc., through its wholly owned subsidiary Online Software Inc., licenses software for Internet gaming. Total Entertainment Inc., provides entertainment management, marketing and consulting services. Additionally, Intercapital Canada Ltee is an Internet-based commercial service business providing secure automated transaction processing and proprietary software for Internet clients.