LV firm in gambling, sex industry deal

Tuesday, Dec. 18, 2001 | 9:49 a.m.

A Las Vegas company that has patented an online gaming system has sold a distribution and operating license to a West Indies adult entertainment Internet company.

Chris Almida, president of i2corp.,com, Las Vegas, said the deal will produce a revenue stream for his company. The license agreement was signed with Broadcasting Concepts LLC, Nevis, West Indies, which operates a live adult chat video system with more than 40,000 paying subscribers.

Almida said Broadcasting Concepts will use i2corp.com's patented live Internet gambling concept with an adult theme when it begins operations in April. It will feature live dealers who will be "provocatively dressed or undressed" when they deal the games via streamed video on the Internet, Almida said.

The first sex-themed casino will be operated from Europe, the companies said.

Terms of the agreement were not disclosed.

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