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Article: AskMeNow to Acquire Karrell Pty Limited, a Leading Pari-Mutuel Wagering Services Co.; Acquisition Will Enable AskMeNow to Offer Real-Time Pari-Mutuel Wagering to Mobile Customers.
- Article from:
- Business Wire
- Article date:
- March 13, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IRVINE, Calif. -- AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB: OWHC), today announced that it has entered a definitive agreement to acquire Karrell Pty Limited. Karrell the holding company for a fully licensed Australian wagering services company, Capital Play Pty Limited, provides access to North American pari-mutuel horse racing pools for its customers and advised AskMeNow that it generated more than $110 million in horse racing wagers in 2005. The acquisition will enable mobile users to place real-time wagers via their mobile phones through the AskMeNow service anywhere it is legally permissible.
"AskMeNow's acquisition of ...
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