WIFI Casino Gambling

Captain Crunch

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DMOI (formerly AVWF) Diamond I, Inc.

I have owned shares in this company for a while and I think they might have found a niche that could generate some big revenues for casinos, and this stock. They are getting ready to show how this tech works in the near future. I think the casino that is going to get it initially is "The Palms" in Vegas. Their logo was on the old Diamond I Tech website before they shut it down. AVWF recently bought out DIT with nothing but shares of stock, no cash. DIT is owned by a guy named Jason Davis, who is the grandson of the late Marvin Davis, billionaire and former owner of Fox Network. Here is a brief descriptioin of the company that I C & P'ed from the DMOI board on IHUB.

Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) , a Wi-Fi-based communications solutions company, provided today, in response to numerous inquiries, an explanation of its Wi-Fi-based, hand-held gaming system known as "WifiCasino GS", as well as a clarification of its strategy for bringing this product to market.

The Wireless Gaming System

Diamond I's WifiCasino GS is a secure wireless PDA-based gambling and media network designed for Las Vegas-style casinos and resorts, as well as cruise ships and race tracks. The WifiCasino GS is designed to allow patrons to gamble anywhere on a casino's, ship's or track's premises (as permitted by regulatory bodies), including in their rooms, pool-side and at the bar. Using unique, proprietary technologies, Diamond I's system offers a highly secure and consumer friendly gambling solution.

In addition, Diamond I's system is capable of extending beyond gambling applications, to include providing Internet access, obtaining resort information, ordering meals and drinks, accessing concierge services, etc. With future applications in mind, WifiCasino GS's modular design will accommodate future plug-in modules that provide additional functionality, thereby permitting the host resort to provide its patrons with new forms of services and experiences.

Implementation Options

WifiCasino GS can be setup solely as a wireless gambling product or can be implemented as a full resort services/gambling/management/media system, depending on the preferences of the resort. Diamond I's system can be integrated into a resort's existing IT infrastructure or can be installed and operated as a stand-alone system.

WifiCasino GS is made up of five integrated systems that deliver wireless gambling, multimedia applications and Advanced Customer Relationship Management (CRM), as well as Statistical Recording/Analysis (SRA).

-- SecureGamble provides the gambling and security features allowing users to gamble from PDA's within the hotel. It uses biometric identification, location tracking, and other security implementations to guarantee legitimate gambling.

-- MediaServe is a modular system that handles the non-gambling media, marketing, and other amenities and services. At anytime, the resort can choose to implement optional modules that deliver customized features to the casino guest, such as internet access, resort and event info, audio/video features, account information, concierge services, checkout and billing info.

-- AirTrack is the location tracking system. This system is used by every other system and location-based service.

-- GSAdmin is the management and administration system for the WifiCasino GS, which allows management to monitor any active module or application in real-time.

-- OpenHand CRM/SRA is the full CRM and Statistical Recording/Analysis engine of the system. It works to collect user data, activity info, location info, etc.

The Market Development Process

Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino GS, in conjunction with its application for a gaming license. Currently, Diamond I is in negotiations with a nationally-known Las Vegas casino to serve as the demonstration facility for its system. Also, Diamond I is working to secure a cruise ship on which to implement a WifiCasino GS system; Diamond I has had preliminary discussions with the owners of one or more cruise ships. Diamond I has also had preliminary discussions with the owners of one or more horse racing facilities, with respect to its establishing a WifiCasino GS system on such a facility.

About Diamond I, Inc.

Diamond I, Inc. is a development-stage company that focuses on bringing new Wi-Fi-based products to market, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as WifiCasino GS Concierge and Gaming System(TM). The company also provides Wi-Fi Internet access in Louisiana, Arizona, Maryland, Pennsylvania, Nebraska and Washington, D.C. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.


Here is another article.

http://www.telecomweb.com/news/1106945949.htm

I called the company and they told me you WILL be able to place sports wagers with these PDA's. I can see a whole lot of guys who would rather be sitting around the pool making bets and watching the eye candy walk by, then running to the window and placing there bets. This system isn't officially approved by the Nevada Gaming Comm. which is where the risk comes in, but they have already seen ii in use and so far I haven't heard any negative reports. I'm sure I have left some stuff out, so feel free to ask questions if you have any and I will see if I can answer them. It has had a nice little run in the last month, but I think once they get this in one casino and show some success, they will all (casinos) want to get in on the action, and you could see a nice rise in the PPS accordingly. They are doing some sort of "showing" on the Feb. 5. Not sure what it entails, but will update as soon as I do.

Good Luck
 

Captain Crunch

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Looks like things are going take a little longer than expected, but I think a little more appealing after todays announcement. Still think it is a great time to accumulate this one. Here is todays NR.

Good Luck

Diamond I's Preview of WifiCasino GS Postponed for Completion of System Enhancements
Thursday March 3, 10:00 am ET
Enhancements to Facilitate Operations at Horse and Dog Racetracks and on Cruise Ships


BATON ROUGE, La.--(BUSINESS WIRE)--March 3, 2005--Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) (OTCBB: DMOI - News), a Wi-Fi-based communications solutions company, today announced that the previously announced web-based public preview of its WifiCasino GS(TM) hand-held Wi-Fi-based gaming system has been postponed, due to the company's decision to accelerate the completion system enhancements.
The enhancements currently being made to the WifiCasino GS gaming system are designed to permit implementation of Diamond I's wireless gaming systems at horse and dog racetracks, as well as on large cruise ships. On April 27, 2005, Diamond I will open its interactive web-based preview of WifiCasino GS, which will give the general public a comprehensive first-look at the system's innovative features.

Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino GS, in conjunction with its application for a gaming license in Nevada. Currently, Diamond I is in negotiations with a nationally-known Las Vegas casino to serve as the demonstration facility for its system. Also, Diamond I is working to secure one or more cruise ships on which to implement a WifiCasino GS system; Diamond I has had preliminary discussions with the owners of one or more cruise ships. Diamond I has also had preliminary discussions with the owners of one or more horse racing facilities in the United States and dog and horse racing facilities outside the United States, with respect to its establishing a WifiCasino GS system on such a facility.

About Diamond I, Inc.

Diamond I, Inc. is a development-stage company that focuses on bringing new Wi-Fi-based products to market, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino GS Concierge and Gaming System"(TM). The company also provides Wi-Fi Internet access in Louisiana, Arizona, Maryland, Pennsylvania, Nebraska and Washington, D.C.

The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.

Forward-Looking Statements

Certain statements in these interviews and news releases may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. Certain statements contained in the interviews are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Diamond I's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although Diamond I believes the statements are reasonable, it can give no assurance that such expectations will prove correct. Diamond I cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
 

HoopsGuru

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anyone have an update on this one. its falling like a rock, down to 9 1/2 cents.
 

Captain Crunch

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Nothing earth shattering, but DMOI released this NR today. From the "take this FWIW" file, someone on the IHUB board stated they talked to "someone" and they said investors should see a lot more activity in April, hopefully on the positive side. Could have been someone posting BS. Time will tell.

Diamond I Hires Alex Davis as Corporate Development Officer; Davis to Devote First Efforts on Market Relations and Business Opportunities
BATON ROUGE, La.

Diamond I, Inc., Baton Rouge
David Loflin, 225-923-1034
dloflin@diamonditech.com

Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) , a Wi-Fi-based communications solutions company, today announced that it has hired Alex Davis as Vice President of Corporate Development. Mr. Davis will assume his position with Diamond I immediately.

"Ever since we met Alex, we have been impressed with his enthusiasm for our plans, as well as his eagerness to become a part of them," said David Loflin, Diamond I's president. "We fully expect Alex to hit the ground at full speed."

Mr. Davis stated, "I was delighted and honored when asked to become an integral part of Diamond I team. I have been inspired by my younger brother's diligence in bringing his dream product to life, and in joining him, I hope to fulfill a dream of mine to create a legacy with my brother that will proudly add to the legacy of our family business started by our grandfather, Marvin Davis. The team that Jason has put together, along with David Loflin, has led me to believe that there is a winning formula far beyond the capabilities of the product itself.

It is time in this day and age to step up the tools and resources in the gaming industry. With growing demand for anything and everything in the gaming arena, Diamond I intends to foster this growth, by giving consumers exactly what they want. I will do everything in my power to reach our goal of becoming the industry standard in wireless interactive gaming. Diamond I is limited only by our imaginations. It is a personal goal of mine to make this company an international success and create a marriage between modern-day technology and the gaming industry."

Good Luck
 

Captain Crunch

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DMOI released a NR in case you missed. Today was the day for the release of the demo of their software. Haven't watched it on the website yet, but am going to in a few minutes. I also talked to the IR guy and he didn't offer much, but he talked about beings this is new technology, they have run into hurdles not anticipated, and therefore taken longer than expected. He did say they "have some very big things working." Take that for its worth. This was released after the market closed today, so tomorrow might somewhat interesting. Here is todays NR.

Diamond I Opens Online Interactive Demo of its WifiCasino GS Gaming System
Wednesday April 27, 5:24 pm ET


BATON ROUGE, La.--(BUSINESS WIRE)--April 27, 2005--Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) (OTCBB:DMOIE - News), a Wi-Fi-based communications solutions company, today announced that it had opened an interactive online web-based preview of its WifiCasino GS(TM) hand-held Wi-Fi-based gaming system. This online preview offers the general public a comprehensive first-look at the innovative features of the WifiCasino GS system.
ADVERTISEMENT


The system preview is available to all interested persons at http://www.diamonditech.com.

The WifiCasino GS Gaming System

Diamond I's WifiCasino GS is a secure wireless PDA-based gambling and media network designed for Las Vegas-style casinos and resorts, as well as cruise ships and race tracks. The WifiCasino GS is designed to allow patrons to gamble anywhere on a casino's, ship's or track's premises (as permitted by regulatory bodies), including in their rooms, pool-side and at the bar. Using unique, patent-pending proprietary technologies, Diamond I's system offers a highly secure and consumer friendly gambling solution.

In addition, Diamond I's system is capable of extending beyond gambling applications, to include providing Internet access, obtaining resort information, ordering meals and drinks, accessing concierge services, etc. With future applications in mind, WifiCasino GS's modular design will accommodate future plug-in modules that provide additional functionality, thereby permitting the host resort to provide its patrons with new forms of services and experiences.

The Market Development Process

State of Nevada

Currently, Diamond I is supporting pending legislation, which has passed the Nevada Assembly and awaits Senate action. This law, once enacted, would permit gaming in public areas within a casino's premises, exactly the areas in which the WifiCasino GS is designed to operate. Although Diamond I is optimistic that this pending legislation will become law, no prediction can be made whether such will be the case.

In conjunction with Diamond I's legislative activities, Diamond I seeks to secure a Las Vegas hotel/casino to serve as the hands-on demonstration site for its WifiCasino GS. Negotiations are currently underway with several Las Vegas casinos to serve as the demonstration facility for the WiFiCasino GS system.

Republic of the Philippines

Diamond I has begun the process towards securing a license for the WiFiCasino GS product in the Philippines. Diamond I's first in-person presentation to the Philippine Amusement and Gaming Corporation (PAGCOR) is expected to occur during the summer of this year. No prediction can be made as to whether Diamond I will obtain a license to operate its WiFiCasino GS system in the Philippines.

Native American Gaming

Because Diamond I is capable of offering bingo on its WifiCasino GS system, Diamond I is currently pursuing an agreement with numerous gaming facilities operated by Native American tribes. No prediction can be made as to whether Diamond I will obtain an agreement with any of these tribes.

Other Venues

Diamond I is also working to secure a cruise ship on which to implement one of its WifiCasino GS systems. It has had preliminary discussions with several owners of cruise ships. In addition, Diamond I has also had preliminary discussions with owners of horse racing and dog racing facilities, with respect to its establishing a WifiCasino GS system on such a facility. Diamond I cannot predict whether it will be successful in these efforts.

Implementation Options

WifiCasino GS can be setup solely as a wireless gambling product or can be implemented as a full resort services/gambling/management/media system, depending on the preferences of the resort. Our system can be integrated into a resort's existing IT infrastructure or can be installed and operated as a stand-alone system.WifiCasino GS is made up of five integrated systems that deliver wireless gambling, multimedia applications and Advanced Customer Relationship Management (CRM), as well as Statistical Recording/Analysis (SRA).

SecureGamble provides the gambling and security features allowing users to gamble from PDA's within the hotel. It uses biometric identification, location tracking, and other security implementations to guarantee legitimate gambling.
MediaServe is a modular system that handles the non-gambling media, marketing, and other amenities and services. At anytime, the resort can choose to implement optional modules that deliver customized features to the casino guest, such as internet access, resort and event info, audio/video features, account information, concierge services, checkout and billing info.
AirTrack is the location tracking system. This system is used by every other system and location-based service.
GSAdmin is the management and administration system for the WifiCasino GS, which allows management to monitor any active module or application in real-time.
OpenHand CRM/SRA is the full CRM and Statistical Recording/Analysis engine of the system. It works to collect user data, activity info, location info, etc.
About Diamond I, Inc.
 

Captain Crunch

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One of the posters on IHUB did a little googling last night and found the bill that pertains to DMOI that is going through the Nevada legislature to get this type of gambling legalized. Thought you might find it interesting.

I found the bill. AB471. Here's it's text and progress:

http://www.leg.state.nv.us/73rd/Reports/history.cfm?ID=2199

------------------------------------
Passed Assembly on April 21 41-0 !!!
-------------------------------------------

On April 22 forwarded to Senate where read, then sent to Senate Judiciary Committee.

-------------------------
Now, consider. It took 3 weeks to go through Assembly's Judiciary Committee, then returned for vote a couple days later.

Look under 4/8:

http://www.leg.state.nv.us/73rd/reports/committeeindexAssembly.cfm?ID=8

Was sent 3/29, returned 4/19, voted 4/21...

Assuming Senate process is similar, should be voted on in about 3 weeks or less...seems to me...we'll have to monitor progress.
----------------------
Here's where we can watch when it pops up on Senate Judiciary agenda:

http://www.leg.state.nv.us/73rd/reports/committeeindexSenate.cfm?ID=18

Nothing through May 3; seems should be soon thereafter.
 

HoopsGuru

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this stock is dropping pretty fast. down to 5.5 cents now. people selling on the unveiling of the interactive system yesterday?
 

Captain Crunch

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If somebody ever figures out how these market makers work, they are probably already in a nut house somewhere, as it never makes any sense. There were 12 trades today for a whopping 102,200 shares and the PPS had a high of .085 and a low of .051. Can't help but think that once they get final approval from the Nevada Senate, and they have a law making this legal, it won't stick around these prices long, hopefully.

Good Luck
 

Captain Crunch

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They did have an "E" on the end of their symbol for a few days this last week, but it has been removed. When your financials are not current, they attach an "E" on the end, and everyone knows what it is for. Might just try DMOI w/o the OB. The only place I have to use the OB is on Yahoo. If you are trying to place an order with your broker, I'm betting that all you have to do is enter DMOI. If that doesn't work, try DMOIE, but I know it got taken off on Wednesday, I think. If your broker still shows it as DMOIE, I might be a little concerned, as it has been off for a couple of days now.
 

Captain Crunch

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Just got an email from the crew that gave me the tip on DMOI, and who also said "all hell is gonna break loose sometime in April," so you can take this for what its worth.

We hear whispers of DMOI meeting with big Casino owner in Vegas next
week...and..that wall street has come knocking...some people seem to like
the potential.

Be nice if their rumor panned out this time.

The Senate Judiciary Committee votes on whether to allow this type of gaming in Nevada on Wednesday. Will keep you posted on the results.

Good Luck
 

Captain Crunch

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Here is what transpired today and will let you know what happens tomorrow.

Today: May 11, 2005 at 16:08:34 PDT

Nevada bill would authorize wireless gambling

ASSOCIATED PRESS

CARSON CITY, Nev. (AP) - The Senate Judiciary Committee was urged Wednesday to endorse an Assembly-approved bill that would make Nevada the first state to allow wireless gambling in licensed casinos.

After hearing testimony in support of AB471, Judiciary Chairman Mark Amodei, R-Carson City, scheduled a vote Thursday on the measure.

AB471 allows use of mobile gambling devices in public areas of casinos with non-restricted licenses and operating at least 100 slot machines, along with at least one other game.

Gamblers could "check out" PDAs or similar devices that would enable them to gamble while wandering around resorts.

The activity would be limited to the use of a device that "allows a person to transmit information to a computer to assist in the placing of a bet or wager and corresponding information related to the display of the game, game outcomes or other similar information."

Other parts of the bill would increase the number of members on the Off-Track Pari-Mutuel Wagering Committee and establish a penalty for any operator that violates the regulations for mobile gambling.

One company that could benefit if the concept is approved is Louisiana-based Diamond I, Inc., which has developed a wireless, PDA-based gambling network designed for Las Vegas-style casinos. It enables patrons to gamble anywhere on casino premises, including poolside, in their rooms, restaurants and at bars.
 

Captain Crunch

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The Nevada Senate Judiciary Committee unanimously passed the bill that would allow wireless casino gaming today and now it goes to the full Senate for a vote. Don't know how long that takes, but will post the results when they become available.

DMOI is supposedly meeting with some big shots on wall street this week. Have no idea what this means or if anything will come from it. When they were giving their presentation to the NSJC, they stated that their product is ready to go, right now.

Good Luck
 

Captain Crunch

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The governor signed the bill that allows wireless gaming yesterday. Hopefully the gaming commisssion doesn't drag their feet now.

Hand-held gambling devices may be in a casino near you
By ELIZABETH WHITE
ASSOCIATED PRESS

CARSON CITY, Nev. (AP) - Want to shoot dice while standing in a long showroom line? Play poker or roulette at poolside, or slots at a restaurant salad bar? That's possible under a new state law that allows use of wireless, handheld gambling devices in Nevada's hotel-casinos.

Gov. Kenny Guinn on Wednesday signed AB471, a bill initiated by Cantor G&W (Nevada) LP, an affiliate of Cantor Fitzgerald LP, the New York-based financial services company that says an adaptation of its interactive bond-trading technology will work for casino gambling.

Cantor representatives worked quietly on their innovative proposal months in advance of the 2005 Legislature, and the result was a measure that didn't create any big concerns among the state's casino regulators and was opposed by only one of the state's 63 legislators.

Joining in support of the bill later on were representatives of Louisiana-based Diamond I Inc., which has developed its own device; and Reno-based International Game Technology, the world's largest manufacturer of slot machines.

Proponents of the devices say the remote gambling option, in public locations at resorts and not in hotel rooms or other private areas, would help Nevada casinos stay competitive despite the expansion of Indian casinos, Internet betting and of resorts elsewhere in the country and around the world.

"It's a reflection of changing technology and the ability to do things differently than in the past," said Bill Bible, head of the Nevada Resort Association. "It clearly behooves Nevada to keep abreast of the times and maintain its advantage over other states."

It will take several months for adoption of rules implementing AB471, and Bible said casino regulators will have to be assured there's no potential for problems - such as access by minors to the devices.

Once they're authorized, Bible said there's still another test: "How will it be accepted, whether people would rather gamble on a PDA (personal digital assistant) at poolside or whether they'd rather be in the casino enjoying some of the casino excitement."

Bill Eadington, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno, raises another concern: whether the advantage of offering casino customers a convenient way to gamble nonstop is offset by the possibility that the technology could someday make it outside casino walls.

"Then there may be some concern with the industry that there could be a competing product," he said, adding that the proposal "brings up the philosophical question of where should gambling take place."

Joe Asher, managing director of Cantor G&W, said his company is focused on use of the devices within and not outside casinos. He heralded the legislative action that puts Nevada on the way to apparently becoming the first state to allow wireless gambling.

"It's about what the customer wants," he said. "We are confident that this is a technology that the marketplace will embrace."

"People have become more and more comfortable with technology," Asher said. "An entire generation or two have grown up with video games or mobile devices, and they are in our view likely to appreciate the ability to play without being restricted to the physical confines of the gaming area in the casino."

Sen. Maggie Carlton, D-Las Vegas, was the only "no" vote on the bill. When she's not in the Legislature, Carlton is a waitress at the coffee shop at the Treasure Island resort in Las Vegas - and she says the new gambling method could interfere with her livelihood by reducing customer turnover.

"There needs to be places where there aren't two and three gaming devices at your disposal," she said. "It's hard enough to get somebody's order when they're trying to fill our a Keno slip. All I need to find out from them is how they like their eggs and what kind of toast they want."

Carlton also was worried about her responsibility as an employee.

"What's going to be my responsibility?" she asked. "Am I going to be obligated to turn someone in if I see them hand it to their kid?"

Asher said the Cantor device uses encryption, which he didn't detail, to ensure security. He also said a biometric system, that reads a permitted user's finger print, could be used if that's what state regulators want.

"Security is a big deal and we are very familiar with it because we operate in that world today," he added.

David Loflin, president of Diamond I Inc., wants to market a competing device, called the WifiCasino GS. He shares Asher's views on the importance of security, and also says there's potential for money to be made.

"The tech-savvy generation, the late baby-boomers and the next generation all grew up with a Nintendo in their hands. Everyone has a PDA," Loflin said. "This is an extension of that."

"Nevada is the first state to have a bill to allow this. "Once Nevada does it, you'll see the New Jerseys and the Mississippis do the same thing," Loflin said, adding, "There's a lot of opportunity out there."

Under terms of the measure, the devices could only be used in the public areas of casinos that have 100 or more slot machines and offer at least one other game. They would be barred from hotel rooms or any other private areas.

State Gaming Control Board Chairman Dennis Neilander said it could take several months to a year for the board and its parent, the state Gaming Commission, to come up with the regulations that will govern the use of the devices.

Bible, a former GCB chairman, said the concept may be new but the ability to control such gambling is strong. The wireless devices would be linked to a main casino server that could verify that the gambler is the person who checked out one of the devices at a casino.

Asher told legislators that the devices could be set to stop working in non-authorized areas, and players could establish limits in advance by depositing money on account. High losses in a short period could cause the device to shut down - keeping problem gamblers from going too far in the hole. When customers are done playing, they'd simply return the device and withdraw any winnings.
 

Captain Crunch

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Found this today and thoght it offered a lot of info.

http://wallst.net/superstock/DMOI/dmoi_0.html

Here is a direct link to a video of the Director of Corporate Development explaining DMOI. If this link doesn't work, it is on the web page posted above. Just enter a bogus email addy and password and it will open up. Looks like they are definetely working with the Palms and he stated that they are the only ones with biometric patent for this and they will be licensing it to other companies. If they meet their financial goals that they talk about in the video for the next 9 months, I think there is great oppurtunity to make some coin on this one.

http://wallst.net/video/dmoi_final.wmv
 
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