PRESS RELEASE
SOURCE: Cyberluck Gaming
CURACAO - (NETHERLANDS ANTILLES) - Cyberluck Curacao, N.V. the preeminent
provider of gaming licensing and Internet hosting in the Netherlands
Antilles, today announced the signing of a letter of understanding through
an affiliate company, with U.K.-based Global Funding Alliance LLC to provide
Cyberluck licensees the opportunity to obtain a European direct bank-issued
merchant processing account. As part of its agreement, Cyberluck will
provide a Curacao contact center for Transact-Online
http://www.transact-online.com, the merchant account enquiry portal for
U.K.-based Global Funding Alliance. This relationship gives Cyberluck's
corporate gaming clients the opportunity to obtain a direct bank-issued
merchant processing account for their gaming sites and eliminate the risks
to gaming operators and players associated with third-party credit card
transaction processing. We are pleased that the quality of the services we
provide and the quality of our licensees has attracted this European-based
financial group to allow us to present this opportunity to our clients.
Cyberluck conducts probity investigations in compliance with Dutch Antilles
Internet gaming laws and has the authority of the Central Government to
authorize qualified applicants to operate licensed gaming servers from
Curacao. Cyberluck's longstanding probity practices and on-going monitoring
has attracted major gaming operators to the Netherlands Antilles. Curacao is
a well-known financial center and is not in the hurricane belt that has
disrupted telecommunications at many other Caribbean locations. Cyberluck,
also owns the only e-zone Internet Service Provider (ISP) that manages
licensed gaming servers from inside the Netherlands Antilles' government
International Telephone Centre, providing unlimited redundant bandwidth and
24/7 managed hosting of licensed and regulated Internet gaming servers.
In an environment where gaming customers and gaming operators have had to
use third parties to process customer transactions for purchases, the
opportunity to have a direct bank-issued merchant relationship is a
significant benefit for the entire I-gaming industry. Underwriting decisions
and bank-issued merchant accounts are provided by The Global Funding
Alliance LLC and their acquiring banks.