WorldNet Casinos has reached an agreement with Global Intertainment Corp. (GIC) in which GIC's online casino, Cyberbetz, will use WorldNet's patented Internet sportsbook software.
The agreement will allow Cyberbetz to expand its client base by adding sports betting to its menu of wagering options. WorldNet, meanwhile, will be able to bring its product widespread exposure in the Asia and Europe, where GIC markets heavily. In addition to direct sales revenue, WorldNet Casinos will receive 25 percent of the win gained by Cyberbetz.
WorldNet Casinos.com is a leading developer of online casino games The company is currently under a definitive agreement to merge with Ranes International Holdings Inc., which will adopt a new symbol once the merger is complete.