ET&T HOST PROCESSING AGREEMENT
This Agreement states that Betting, Inc., a Missouri corporation,
does hereby
agree that Electronic Transactions & Technologies (ET&T) shall be
the sole
provider of bank host processing for all Betting, Inc. transactions
that are
sent by terminals that read credit cards, ATM cards, or smart cards.
That ET&T shall charge Betting, Inc. a fee of $0.25 per transaction
or 2.5%
of the wager being sent by Betting, Inc. to gaming operators.
That these transactions shall originate from globally placed
Betting, Inc.
equipment and/or Betting, Inc. licensed operators.
This exclusive ET&T host service contract for Betting, Inc. expires
on
January 1, 2006.
Electronic Transactions & Technologies
Dated: April 28, 1997 By:_/s/ Xxxxxx X. Hughes__
Xxxxxx S, Xxxxxx, Chairman & CEO
Betting, Inc.
Dated: April 28, 1997 By:/s/_Thomas S. Hughes__
Xxxxxx X. Xxxxxx, Chairman & CEO
