Casinos.co.uk: Casino News Archive
Tuesday 27th January 2004
Angelciti.com reports sharp increase in gross net win
AngelCiti's wholly owned subsidiary Worldwide Management provides gaming software to numerous online casinos including SharkCasino.com, SharkPoker.com and TheHouseWins.com has announced that gross net win was soared by more than 72% at $183,424 for December 2003 with the net handle exceeding $4.86 million. For the same period last year, the figure was reported at $106,615.
The operator expects 2004 to be a banner year and plans to report year-over-year comparison results. Angelciti and its online casino network expect to capture a sizeable share of $10 billion worth online gambling market by 2005, which is expected to touch $14.5 billion by 2006.
'We had an excellent December and January is off to a great start. December capped off a year of many major achievements for AngelCiti including the pay-down of all of the Company's debt from operational start-up in 2002,' says AngelCiti President George Gutierrez.
Source:OnlineCasinoNews
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