Diamond I, Inc. (OTC BB: DMOI),a developer of wireless gaming products, today provided an updateregarding how its newly-acquired patent-pending voice-recognitionbiometric, or "voice print," security technology is expected to impactits strategic alliance with Real Video Gaming, Inc. (RVG), a SiliconValley-based technology company that provides live video feeds of gamingdevices actually located in land-based casinos to mobile and onlinegaming patrons.
"Our newly-acquired voice-print security technology, as incorporatedinto our WifiCasino GS system, will allow us to deliver the ultimatewireless, hand-held gaming unit, one with the highest standards ofsecurity, to Real Video Gaming," said David Loflin, Diamond I's CEO.Under Diamond I's arrangement with RVG, RVG will purchase Diamond I'sWifiCasino GS hand-held devices for use in delivering gaming content toits customers.
"We firmly believe our newly-acquired patent-pending 'voice-print'security technology, and our existing patent-pending 'finger-print'security technology, are valuable technologies in the field ofbiometrically-secured wireless casino, pari-mutual and sportsbookgaming. We also see these security technologies as having increasedrelevance following the recent adoption of final regulationsimplementing Nevada Law AB471, which authorizes the use of mobilecommunication devices for gaming in public areas in Nevada casinos. Withthese technologies incorporated into our WifiCasino GS products, we willbe in a strong position to assure regulators that our wireless,hand-held gaming system will be used only by authorized casino patrons,"added Mr. Loflin.
About Diamond I, Inc.
"Voice-Print" and "Finger-Print" Technologies. Diamond I owns the rightsto patent-pending voice-recognition and finger-print biometric securitytechnologies. These security technologies will be incorporated intoDiamond I's WifiCasino GS wireless, hand-held gaming system.
Diamond I, Inc. is a development-stage company that develops wirelessgaming products, including a hand-held Wi-Fi-based gaming system foron-premises use by casinos/resorts, known as "WifiCasino GS Conciergeand Gaming System"™. The term "Wi-Fi" (wireless fidelity) refers toan industry standard for wireless equipment that meets published802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra,such as 2.4 and 5.8 Ghz.
With the passage of Nevada Law AB471, which authorizes the use of mobilecommunication devices for gaming in public areas in Nevada casinos,Diamond I seeks to secure a Las Vegas hotel/casino to serve as thedemonstration site for its WifiCasino GS, in conjunction with itsapplication for a gaming license in Nevada. To that end, in a letter ofintent, The Palms Resort and Casino has agreed to continue to develop aworking relationship relating to Diamond I's WifiCasino GS and, assumingDiamond I continues to meet certain standards, The Palms stated that itintends to pursue an opportunity with Diamond I. Diamond I continues toseek venues in which to establish its WifiCasino GS system, includingother U.S. casinos and horse and dog racing facilities. Diamond I hashad preliminary discussions with certain owners of cruise ships, certainowners of horse racing facilities in the United States and dog and horseracing facilities outside the United States.
Forward-Looking Statements
Certain statements in these interviews and news releases may constitute"forward-looking" statements within the meaning of Section 21E of theSecurities Exchange Act of 1934. Such forward-looking statements involverisk, uncertainties, and other factors, which may cause the actualresults, performance, or achievement expressed or implied by suchforward-looking statements to differ materially from the forward-lookingstatements. Certain statements contained in the interviews are"forward-looking statements" within the meaning of the PrivateSecurities Litigation Reform Act of 1995. Such statements involvenumerous risks and uncertainties, including, but not limited to, risksand uncertainties pertaining to development of Diamond I's products andservices and markets for such products and services, the timing andlevel of customer orders, competitive products and service, changes ineconomic conditions and other risks and uncertainties. Although DiamondI believes the statements are reasonable, it can give no assurance thatsuch expectations will prove correct. Diamond I cautions that anyforward-looking statements contained herein are not a guarantee offuture performance and that actual results may differ materially.
Contact:Diamond I, Inc.Baton RougeDavid Loflin225-341-4004
SOURCE: Diamond I
In addition to online casino news hot off the presses, OCN shows you the best first deposit bonuses at the best online casinos on the web. We've spared you the search by putting together a list of the latest and greatest first deposit bonuses around. So, all you have to do is click and enjoy!
| Name | First Deposit |
|---|
| 1000% |
| 150% up to $150 |
| up to 350$ |
| 300% uo to 300€ |
| 500$ |
Most Recommended Casino Books
The release of a new game is always a special event in the gambling industry, but when Microgaming, ...
The sixth annual European i-Gaming Congress and Expo got underway at the spacious Barcelona Diagonal...
The United States government released proposed guidelines for the Unlawful Internet Gambling Enforce...
On October 1, 2007 the Federal Reserve and the Department of the Treasury released their joint repor...
Although the passage of the UIGEA last year made it difficult for American players to gamble online,...
Are the new lax gambling laws causing more and more Britons to be under the sway of compulsive gambl...
You may have a surprise in your Full Tilt Poker Account today! After recent allegations that bots we...
Coming off a 26th-place finish at the World Series of Poker, Rancho Mirage's Roy Winston won the Bor...
But the Gloucester Township homemaker never expected another fight -- this time with bureaucrats -- ...
It should come as a surprise to no one that charity-poker games have emerged in recent years as an i...
Spurred by the three-month success of high stakes poker, the Naples-Fort Myers Greyhound Track’s pok...
Online Casino Group Betfair has announced that it has boosted its IT energy efficiency to support it...
Rumors have been circulating for a while now about the future of 32Red.com and its Gibraltar-based B...
CryptoLogic has announced that they have received exclusive rights to make slots and other casino ga...
Since the beginning of the U.S. Presidents first term, the Bush administration has been trying to ke...
The coastal casino in the State of Mississippi have had a diffilcutl few years, yet it seems that th...
Her Majesty Queen Elizabeth II recently found that not only was she one of the most richest women in...
It seems that there is no limit to how low some online casinos can go in order to secure a profit. V...
After a 10-month investigation into the slimy world of Internet "casinos or sports books", Americas ...
It looks like the team behind Online-Casinos.com want to make their online casino portal a fun place...
Positive Experience Begins Even Before Guests Step Out of Their Cars at Harrah's, St. Louis Casino &...
Penghu, a set of islets off Taiwan, is trying to be the next Macao by building a casino town to lure...
The battles against the draconian UIGEA seems to be gaining momentum in the world courts. Here are t...
The Online Casino industry has experienced the worst setback that it ever has since UIGEA. However, ...
The recent British Online Gambling Act has sent the online casino industry into a flurry of exciteme...
As agreed by all interested parties, the hearing that was to take place on the issue of repealing th...
eCOGRA, the world's Internet Pilce Officer, has announced that it approves of the measures taken in ...
Playtech has announced that its Cheif Financial Officer, Shuki Barak, is leaving the group. ...
The Gambling Act is the first peice of legislation that has been passed in the UK about gambling. Wh...
Have you committed a crime in order to pay gambling debts? When you gamble, do you go back another d...
America’s Attorney General Alberto Gonzales has at long last bowed to pressure and has resigned from...
As of today, online gambling in the United Kingdom, as well as advertising from online casino operat...
PartyGaming PartyGaming published their first-half interim results this week, reporting an expected ...
In papers filed today, the US District Court of New Jersey, Trenton Division, has granted a motion o...
Malta is the next online casino superpower, it seems. Here is the storty how a little country draws ...
For some addicts, a casino can be the root of all evils. For others, a fix can come from visiting th...
The new piece of legislation banning advertisements in the UK has caused some stir in the online gam...
Pachinko has become one of the most popular games in the world. Here are a few tips that will help y...
Dynasty Gaming Inc has announced another resignation from the company, this time in the form of Boar...
| Name | Payout | |
|---|---|---|
 |
Club Vegas USA | 99%
|
 |
||
 |
Super Slots | 98.9%
|
|
||
 |
Club USA Casino | 97.5%
|
|
||
 |
Cool Cat Casino | 98%
|
|
||
 |
Las Vegas USA | 97.33%
|
|
||
Online Casino News - news
from the world of
online casinos RSS Feed.
The OCN directory is currently in development and will be available soon. If you are interested in adding a link, just click on the “Add Link” button. Thanks for your patience.
You do not need prior permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the articles on this site for any legitimate media purpose as long as you reference OCN as the source, and include a link referring the reader to the OCN site.