HOUSTON, Feb. 10, 2005 (PRIMEZONE) -- Summit Entertainment Group, Inc (Pink Sheets:SETG) is proud to announce that it has begun negotiations to develop what Summit Entertainment Group calls the "End All" online casino and sports book experience.
Summit Entertainment has chosen to partner with FB Systems, Inc. for the reason that FutureBet Systems, Inc. truly defines the apex of online gaming system development.
Since 1998, the company, through its subsidiaries, has been offering corporations and entrepreneurs around the world the ability to establish their own customized Internet gaming operations. In doing so, FutureBet Systems provides properly licensed operators with a complete end-to-end solution for entering - and prospering within - the online gaming industry.
The FutureBet Systems staff believes that its proprietary systems represent the finest interactive gaming compilation available anywhere. Additional software research and development efforts are continuously ongoing to ensure that the company's products remain on the leading edge of technology.
John D. Jarvis, president of Summit Entertainment, stated, "I believe we are moving in the right direction with the best developers in the online elite gaming segment."
Forrester Research Inc. stated, "By 2010, online sales will reach $331 billion. The growing population of online shopping households combined with retailer innovations and site improvements will drive eCommerce to account for 13% of total retail sales in 2010, up from 7% in 2004. Between 2004 and 2010, online sales will grow at a 15% compound annual growth rate."
Jarvis concluded, "I think the time is right for an "End All" online casino and Summit Entertainment is going to be the one to deliver it to the public."
Some of the FB Systems stable of partner sites include www.sportsbookusa.com, www.interchamps.com, www.usasportscasino.com, www.pokerroom.com - 2nd largest poker platform on line, and Hollywood actor James Wood's newest venture Hollywoodpoker.com.
About Summit Entertainment Group, Inc.
Headquartered in Houston Texas, Summit Entertainment Group, Inc. (Pink Sheets:SETG) aspires to be a leading diversified owner and operator of multiple entertainment properties, including developments located in Las Vegas, Reno Nevada and Louisiana. Summit Entertainment Groups press releases are available at www.Pinksheets.com or www.knobias.com Additional news and information on Summit can be obtained by contacting the company at (281) 255-9424.
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