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
