Jay Cohen Will Speak at Miami Gaming Conference

12 February 2001

NEW YORK, N.Y. – (Press Release) — Founder and former president of the World Sports Exchange (www.wsex.com) Jay Cohen will speak out for the first time since his indictment and conviction for running an Internet gambling business at the World Internet Gaming Summit, to be held March 15-16 in Miami at the Wyndham Miami Beach Resort.

In "Jay Cohen Unplugged" Cohen promises a no-holds-barred session, with highlights including the origins and status of his legal battle, what he calls the "hypocrisy" of the U.S. government, the status of the industry, and new ideas for the future of offshore Internet gaming. Cohen says that he has specifically chosen the Summit at which to appear because of the high quality of the speakers and the event.

Cohen has long been the most visible figure in the industry. In a closely watched case that raised questions regarding the nature of electronic commerce and international law, he was one of 21 owners and managers of nine offshore companies named in a series of indictments that charged the defendants with illegally using interstate telephone lines to take online wagers from U.S. customers.

Cohen was sentenced to 21 months in prison and fined $5,000 for accepting American wagers on sporting events through World Sports Exchange, which is based in Antigua. He is currently appealing the verdict.

Gaming leaders from around the globe will be gathering at the World Internet Gaming Summit, including experts from North America, South America, Europe, Asia, Australia, South Africa, and the Caribbean.

Speakers at the World Internet Gaming Summit will not only explain the current state of the market—including the development of emerging technologies and e-cash solutions—but will also discuss new models and new approaches for online gaming that will fit into any regulatory framework. These models promise to further bolster the credibility of the industry and accelerate its integration into the mainstream gaming market.

The conference, which will be chaired by Tony Fontaine, vice president of complex business solutions for Station Casinos, will feature 29 speakers from 6 continents. Experts from the fields of gaming, law, regulation, and government will include Frank Fahrenkopf, president of the American Gaming Association; Peter Coroneos, President of the Internet Industry Association; Marc Falcone, Vice President of Gaming Research, Bear Sterns;

Joseph Kelly, Professor of Business Law, SUNY College at Buffalo; Mickey Charles, President of the Sports Network; Frank Catania, President of the Catania Consulting Group; Charles Crawford, Executive Vice President of Internet Billing Co., Ltd.; Jim Litchko, President of Litchko and Associates, Kevin DiGregory, Deputy Assistant Attorney General, U.S. Department of Justice under Janet Reno, and many more.

For additional information or to register contact Maura Triarsi at mtriarsi@srinstitute.com or (212) 967-0095 ext 237, or visit www.srinstitute.com/cr191

The Strategic Research Institute creates, produces, and manages conferences covering industry specific business-to-business topics. Over 100,000 senior executives have attended Strategic Research Institute conferences as delegates, speakers, sponsors, or exhibitors.

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World Internet Gaming Summit - 2001