Diamond I, Inc. (OTCBB: DMOI), a developer of wireless gaming products, including the WifiCasino™ wireless hand-held gaming system, today advised that it is featured in a wireless gambling industry report http://www.wificasino.net/WirelessGamblingReport.pdf published on July 19, 2006, by ThinkEquity Partners LLC. The comprehensive report states that ThinkEquity believes Diamond I will be able to carve out a niche in the nascent wireless gambling market.
About Diamond I, Inc.
Diamond I, Inc. is a development-stage company that develops wireless gaming products, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino"™, which includes the GS2™, the user-friendly wireless hand-held unit. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(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 mobile communication devices for gaming in public areas in Nevada casinos, Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino, in conjunction with its application for a gaming license in Nevada. To that end, in a letter of intent, The Palms Resort and Casino has agreed to continue to develop a working relationship relating to Diamond I's WifiCasino and, assuming Diamond I continues to meet certain standards, The Palms stated that it intends to pursue an opportunity with Diamond I. Diamond I continues to seek venues in which to establish its WifiCasino system, including other U.S. casinos and horse and dog racing facilities. Diamond I has had preliminary discussions with certain owners of cruise ships, certain owners of horse racing facilities in the United States and dog and horse racing 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 the Securities Exchange Act of 1934. Such forward-looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements. Certain statements contained in the interviews are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Diamond I's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although Diamond I believes the statements are reasonable, it can give no assurance that such expectations will prove correct. Diamond I cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
Contact: Diamond I, Inc. Baton Rouge David Loflin 225.341.4004
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 |
|---|
| 100% up to $1,000 |
| 400% Welcome Bonus |
| 100% up to 200$ |
| 100% match upto $400 |
| 100% up to $377 |
Most Recommended Casino Books
There's a bright light of hope shining at the end of the tunnel for many persons in the online casin...
The state of the US has been declared precarious due to its unregulated online gambling which has cr...
The island nation of Antigua and Barbuda has experienced a recent surge in their online gambling ind...
The online casino industry on a daily basis is becoming assertively competitive. Many casinos have l...
Winding down its extraordinary holiday bonus schedule this December is Cherry Red online casino. A 2...
This week's big news was the plea of Anurag Dikshit, co-founder of Partygaming subject to violating ...
A new report claims that there is a dramatic decrease in 2008 of online casino crime....
Harvard Medical School reached an agreement with online casino operator bwin to undertake a joint fi...
During the 4th and 7th of December a non-refuse offer was made by Europa Casino to new players enabl...
Online Casino Games Portal CasinoBonusGuy has been nominated for ''Best Casino Affiliate'' ''Best Bi...
Online casino group Vegas Partner Lounge's leading promotion ''Casino Treasure Cruise'' is a yearly ...
Curacao licensed online site Money Casino released one new slot game and upgraded existing slot bonu...
The Irish gambling taxes are so low in comparison to most of the rest of the world that it is little...
The long held belief that ''gambling is recession proof'' has been proved wrong this year as Las Veg...
One of the highest payouts a player can win in on online non-progressive casino has been given to To...
Vancouver, Washington- In an effort to build a casino resort near La Centre, Clark County- a Norther...
For the last 20 years City Council leaders debate the idea of a casino in Atlanta with the belief th...
Sep. 10 Curacao -- (Press Release) Club Vegas USA has released yet another thrilling i-Slot game cal...
Club Vegas USA is latest online casino Powered by Rival to be released. Rival is one of the up and c...
Reuters reported recently that the United States is not worried about having to pay $100 billion in ...
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 ...
| Name | Payout | |
|---|---|---|
 |
Cherry Red Casino | 99%
|
 |
||
 |
LuckyAce Casino | 98.3%
|
|
||
 |
Rushmore Casino | 97.2%
|
|
||
 |
Lucky18 Casino | 98%
|
|
||
 |
Slots Oasis | 98.5%
|
|
||
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.