I just hope others agree with me!Lucrative-plus! USA market...

I just hope others agree with me!

Lucrative-plus! USA market holds the key.

"Penn has more than 40,000 telephone account betting customers from across the US and Penn reported total revenues exceeding US$170 million last year."

This little piggy is going places...

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For the lazy ones, here's the summary from their website :

About eBet

eBet Limited

eBet Limited is listed on the Australian Stock Exchange (ticker:EBT) with operations and commercial arrangements in Australia, New Zealand, Singapore, Canada and the USA. The eBet Group comprises two primary business units - eBet Gaming Systems and the Online Division.

The Gaming Systems Division develops and markets a range of networked solutions for gaming machines including player loyalty and tracking systems, cashless gaming solutions and machine management software. eBet Online develops, markets and operates online gaming technologies and works only with government sanctioned and licensed gaming operators located in regulated jurisdictions. Sports and race betting systems are in operation at NZ TAB, eBetUSA and Playboy websites.

eBet Gaming Systems

eBet Gaming Systems develops and markets software and systems designed to facilitate the management of slot machine networks, offering player loyalty and tracking systems, cashless gaming products with both mag-stripe and smart-card technology and back-office productivity tools for pubs, clubs and casinos operating electronic gaming machines.

eBet's player loyalty and cashless gaming systems are innovative, easy to use and flexible enough for gaming venues of all sizes, including multiple venues under common management. They allow the venue to offer players extra services and promotional features that encourage loyalty and repeat visits. In addition to promotional features, eBet's systems offer venue management a range of benefits, including managerial and compulsory government reports.

eBet's Gaming Systems division also develops and markets a range of specialist data analysis programs for the Australian gaming machine market. Its systems enable gaming machine operators to analyse gaming machine performance, membership databases, HR and payroll functions.

eBet Online

eBet Online has development and licensing agreements with blue-chip gaming & wagering companies around the globe.

eBet Online has developed and maintain interactive wagering sites for world leaders like NZ TAB, and Penn National Gaming Inc.

New Zealand TAB

NZ TAB is New Zealand's government and racing industry backed betting agency. It offers pari-mutuel race betting on all New Zealand and many Australian races and fixed-odds betting on more than 20 international sports including: rugby union, rugby league, Premier League soccer, golf, tennis, NFL, NBA and motor sport including F1.

NZ TAB reported wagering turnover in excess of NZ$1 billion last year and has more than 500 retail outlets and 100,000 telephone account customers.

Under an Online Services Agreement with NZ TAB, eBet Online offers betting on all NZ TAB events. NZ TAB betting can be accessed via eBet Online or via NZ TAB.

Penn National Gaming, Inc.

Penn National Gaming, Inc. is a NASDAQ-listed operator of diversified gaming and racing interests (ticker:PENN). It owns three racetracks and eleven off-track wagering (OTW) facilities located in Pennsylvania (two tracks and eleven OTWs) and West Virginia (one track). Penn's Charles Town Races in West Virginia also features 1,500 slot machines and its Pennsylvania racetracks operate telephone betting on more than 70 leading US racetracks.

Penn has more than 40,000 telephone account betting customers from across the US and Penn reported total revenues exceeding US$170 million last year.

Under a technology and services licensing agreement, eBet's US subsidiary, eBet Racing, Inc. has developed an innovative interactive "closed-loop" system for Penn offering betting on leading race tracks across the United States. The service, operating from eBet USA launched in September 2000.

In addition to access via the Internet, eBet USA customers will be able to enjoy eBet's Web-TV, Palm V and Palm VII product innovations.