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10/17/2000 Gambling high-rollers' guide to special offers Internet start-up PlaySys.com recently launched a Web site providing a guide to serious gamblers on where they can get casino ?comps? in return for their casino patronage. Zvika Greenboim, manager of PlaySys.com in Israel, said the company has signed deals with dozens of casinos to provide information on special offers, packages and freebies. The casinos had agreed to pay the company commissions based partly on the losses suffered by gamblers who were attracted to their tables by the Web site. ?This fills a big gap in the gaming industry,? PlaySys.com CEO Larry Woolf said. ?It helps casino executives be heroes to their customers.? The site is designed for gamblers who bet at an average of $20 per round at blackjack, roulette or other table games, with an emphasis on larger bettors who travel to casinos. However, PlaySys.com does offer more modest inducements to smaller bettors. PlaySys.com has made deals with about 60 casinos worldwide, including the Tropicana, Stardust, Stratosphere and Venetian in Las Vegas, Golden Nugget and Les Ambassadeurs Club in London as well as others in Australia, Hungary, Greece, Italy, Malta, Slovenia, South Africa, Romania and elsewhere. Greenboim said the company expects revenues of $15 million in its first year with projections of $90 million by 2003. PlaySys.com plans an initial public offering on Nasdaq or in Europe in June or July of 2001. |
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