Starnet Sued by Las Vegas Casino, Inc. for One Billion
27.07.1999, 18:34
Dollars
Vancouver, British Columbia (PROTEXT) - Las Vegas Casino,
Inc., an Internet-based online casino company that is Starnet's
biggest licensee for its "turnkey" casino games, is suing Starnet
Communications International, Inc. for $1 billion.
Starnet Communications International Inc. (OTC Bulletin Board:
SNMM) (Berlin: SNM) has a wholly owned subsidiary, Softec Systems
Caribbean, Inc. which is also being sued. Starnet is also listed
on the Berlin Stock Exchange on the Over-The-Counter market under
the symbol SNM.
Las Vegas Casino, Inc. is claiming damages for a very
substantial number of breaches of agreement. According to a
company spokesman from Las Vegas Casino, Inc., "This company also
claims that Starnet has too many grave irregularities in their
accounting systems, too many serious bugs in their software;
their technical and e-cash support is extremely deficient, with
very serious problems such as massive over-billing of credit card
accounts.
"Starnet is also refusing to supply the proper accounting
records they must supply under the license agreement. The
auditors simply cannot do their work in these deplorable
conditions. Las Vegas Casino, Inc. has received thousands of
complaints from its clients, saying that Starnet's software and
the company itself, and its subsidiaries were the worst they have
ever known.
"Starnet's highest management has admitted in writing that
these problems were real, and this evidence of numerous
admissions will be presented to the courts as early as next
week."
In an e-mail received by Las Vegas Casino, Inc.'s management
in December 1998, Chairman and Chief Financial Officer Jack
Carley had responded to previous complaints made by Las Vegas
Casino, Inc. as follows: "If I could, I'd fire them all (Starnet
staff) and start over," a remark that failed to satisfy, lessen
or ameliorate what appeared to be a number of severe problems
that Starnet was experiencing with regard to the viability and
integrity of the service it was purportedly offering to its
clients. A spokesman for Las Vegas Casino. Inc. added that such
problems, far from being overcome, were now actually worse than
before.
ABOUT LAS VEGAS CASINO, INC.
Las Vegas Casino is owned and managed by a group of US
corporations, including a finance company, and an international
group of companies, who have been in business for more than 140
years. The company is the largest operator of casinos on the
Internet.
For more information about Las Vegas Casino, Inc. visit the
company's Web site at http://www.LasVegasCasino.com , or e-mail:
legal@LasVegasCasino.com . ots Original Text Service: Las Vegas
Casino, Inc. Internet: http://www.newsaktuell.de Contact: Claude
Levy of Las Vegas Casino, Inc., (in the USA) 604-638-3400, or
604-638-3393, or legal@LasVegasCasino.com Web site:
http://www.LasVegasCasino.com
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