[Top][All Lists]
[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Large Gains Expected
From: |
Doug Fry |
Subject: |
Large Gains Expected |
Date: |
Tue, 3 Jan 2006 08:12:42 -0800 |
UBTA- Brand new st0ck for your attenti0n
UBA TECHNOLOGY INC- Symbol: UBTA
A company which provide high quality software solutions built with cutting-edge
technology to the online betting exchange and online gaming industries.
Current Price- 0.085
Will it Continue Higher? Review Exactly What this Company Does and Watch This
One trade on Tuesday as We Know Many of You Like Momentum.
Recent h0t news!!
UBA Technology Inc. Announces Kiosk-Based P2P Betting Exchange Platform for
Land-Based Casinos
Friday December 9, 4:53 pm ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 9, 2005
--UBA Technology Inc. (Pink Sheets:UBTA - News) is targeting land-based casinos
as a new
market for its proprietary betting exchange software.
UBA has commenced negotiations to install its betting exchange software, in
stand-alone self operating kiosks, at traditional land-based casino locations.
In November 2002, the Las Vegas Sun reported that gaming regulators in Nevada
had approved a sports- and race-betting kiosk concept, which operates similarly
to an automatic teller machine. The kiosk will provide larger casinos an
opportunity to increase their sports-betting volume by strategically placing
the kiosks in well-travelled casino areas. These betting systems have the
potential to include wireless devices, allowing casino gamblers to place bets
poolside, or from their hotel rooms.
With high-speed broadband and wireless services now available on a global
basis, UBA is well positioned to market its betting exchange platform to
qualified online operators. This software would give online operators the
ability to generate additional income streams from their current casino and
poker clientele.
Juniper Research estimates that mobile gambling will be a US$16.6 billion
business by 2008. Geographical and cultural forces are also at work on these
projections, particularly in the Asia-Pacific regions (driven largely by
China). The popularity of gambling, coupled with the rapid growth in mobile
phone penetration in the next five years, should assist UBA in its plans to
leverage its internet-based betting exchange client base.
The timing for UBA Technology's entry into the market place is excellent as the
global gaming market continues to expand not only for online poker companies
(Party Poker -- Party Gaming -- PRTY.L) and traditional bricks and mortar
casinos (Wynn Resorts -- WYNN), but also for online gaming software providers
(Cryptologic Inc. -- CRYP.Q).
[Prev in Thread] |
Current Thread |
[Next in Thread] |
- Large Gains Expected,
Doug Fry <=