Atlantis Internet Group (OTC: ATIG) approved as member of National Indian Gaming Association. The company is building their business model around the Indian gaming legislation that was passed by congress in October of 2006. The Unlawful Internet Gaming Enforcement Act (UIGEA) makes it so consumers are not allowed to use credit cards on an offshore gambling site. However, the act accepts people to use credit cards on Indian operated gambling sites. Last month, the Financial Services committee approved a bill that overturns this law and could lead to $42 billion in tax money for the US. To their advantage, ATIG will be the only poker network that is operating in more than one state a time. Atlantis Internet Group stock was up 100% on Friday at 0.0090.

Tribal Casinos have taken a big hit economically over the past few years. Many tribes have seen their budgets decrease because of slashes in federal support. In addition to being approved by the NIGA, the company has recently hired Blue Stone Strategy group (A tribal economic development company) to help them better come to terms with the needs of tribal communities. With the use of their multi-state online gaming network they are sure to see a rise in economic prosperity among their Indian communities.

Experts say that the US and Europe are going to start relaxing the rules on Internet gaming because of the need for that extra tax money. As long as they can regulate it they have no reason to not decrease regulation.
The company’s business objective is to create a new brand of public gaming and entertainment which integrates music and themes in online gaming experience that offers slot machines, gaming networks and online casinos. They plan to link gaming sites from all the Indian Casinos around the country which has been
approved by the National Indian gaming association.

To their advantage, ATIG will be the only poker network that is operating in more than one state a time. They have developed the “Casino Gateway Network” where players can access Class III and Class II online casinos. On their website you can get a link to the standard casino games, Blackjack, Baccarat, Roulette, craps, video poker and keno. Atlantis Internet Group stock was up 100% on Friday at 0.0090.