LAS VEGAS, NV--(Marketwired - May 22, 2014) - Today Atlantis Internet Group (ATIG) (PINKSHEETS: ATIG) enters the social gaming market by partnering with WikiBetting to operate the Sportbook Exchange, an application on Facebook. Players can buy Facebook chips and wager on any sporting event in the world -- anytime from anywhere. This exciting social gaming application is now available on the Tribal Gaming Network, a multi-vendor gaming platform with the federal approval to offer legal Intranet Gaming in Indian casinos in 28 States within the United States, and beyond.
"The Sportsbook Exchange gives players in Indian casinos in 28 States the feeling of betting on live sportsbook," said Donald L. Bailey, Founder, CEO, and Chairman of ATIG. Players use real cash to purchase Facebook chips, but instead of cashing out for money, players accumulate Facebook chips for on-line entertainment and are eligible to receive non transferable casino comps (based on time, not winning and losing) from the sponsoring Tribal Casino while sharpening their sportsbook betting skills.
ATIG first launched its Tribal Gaming Network at Coushatta Casino and Resort, Louisiana's largest Indian casino, as a "play for fun" site. The Tribal Gaming Network allows domestic and international bets on sovereign lands, giving all tribal casinos on ATIG's private network the ability to accept international bets from legal gaming jurisdictions around the world, as well as participate in social gaming.
"This is a significant first in Internet gaming. Indian tribes now gain the opportunity to participate in the $40 billion international Internet gaming market -- and now the up-and-coming social gaming market," said Bailey. "The strategy to attract international customers is simple: Indian casinos are located in the most regulated gaming market in the world -- the United States. This assures winners on the Tribal Gaming Network that they will be paid their winnings, something that has always been questionable for international online casinos."
"With the Tribal Gaming Network customers know the geographical location of the casino they choose to trust with their gambling dollars," said Conrad Granito, new member of ATIG's Board of Directors. "I am proud to be a partner in this ground-breaking endeavor." Atlantis Internet Group (PINKSHEETS: ATIG) is a public Nevada gaming corporation specializing in the development of casino games, casino management software, slot machine software, and gaming networks.
Atlantis Internet Group (ATIG) Partners With WikiBetting to Launch Social Sports Gaming on Facebook