Commitments Test Entity - Third Quarter Report - 500 Beiträge pro Seite

[Laufzeit]

MY CASINO LIMITED 2000-10-31 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
As previously reported, in mid July 2000 it became a concern that an
undue level of suspect card transactions were taking place and the
Casino`s credit card acceptance facilities were disabled. Also at
this time Barclays Bank ceased crediting the proceeds of credit card
deposits from players to the company`s bank account, pending an
evaluation of the extent of suspect transactions. This led to minimal
receipts from players being credited to the bank accounts of the
group during the quarter. No amounts have been included in the
quarterly report for customer receipts held by Barclays Bank pending
verification of the suspect card transaction. This review is in
process and is not expected to be completed until the 1st quarter
2001.

New credit card and fraud checking systems with reduced credit limits
were reinstalled with Barclays Bank in September 2000.

The company ended the quarter in a strong cash position with cash at
call of over A$5.0m.

M O`Donnell
CHAIRMAN


APPENDIX 4C
QUARTERLY REPORT FOR ENTITIES
ON BASIS OF COMMITMENTS

Name of entity
My Casino Limited

ACN or ARBN Quarter ended ("current quarter")
009 423 189 30/09/2000

CONSOLIDATED STATEMENT OF CASH FLOWS

Cash flows related to Current Year to date
operating activities Quarter (9 months)
AUD`000 AUD`000

1.1 Receipts from customers - 913
1.2 Payments for
(a) staff costs (334) (635)
(b) advertising & marketing (144) (612)
(c) research & development - -
(d) leased assets - -
(e) other working capital (3,121) (6,639)
1.3 Dividends received - -
1.4 Interest and other items of
a similar nature received 114 199
1.5 Interest and other costs of
finance paid - -
1.6 Income taxes paid - -
1.7 Other (bond monies) - (436)

1.8 Net Operating Cash Flows (3,485) (7,210)

Cash flows related to investing activities
1.9 Payment for acquisition of:
(a) businesses (item 5) - -
(b) equity investments - (1,040)
(c) intellectual property - -
(d) physical non-current assets (59) (177)
(e) other non-current assets (229) (518)
1.10 Proceeds from disposal of:
(a) businesses - -
(b) equity investments - -
(c) intellectual property - -
(d) physical non-current assets - -
(e) other non-current assets - -
1.11 Loans to other entities - -
1.12 Loans repaid by other entities - -
1.13 Other (provide details if material) - -

Net investing cash flows (288) (1,735)

1.14 Total operating and
investing cash flows (3,773) (8,945)

Cash flows related to financing activities
1.15 Proceeds from issues of
shares, options, etc. 2,118 13,578
1.16 Proceeds from sale of
forfeited shares - -
1.17 Proceeds from borrowings - -
1.18 Repayment of borrowings - -
1.19 Dividends paid - -
1.20 Other (provide details if material) - -

Net financing cash flows 2,118 13,578

Net increase (decrease) in cash held (1,655) 4,633

1.21 Cash at beginning of quarter/
year to date 6,731 443

1.22 Exchange rate adjustments to item 1.20 - -

1.23 Cash at end of quarter 5,076 5,076


PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES

Current Quarter
AUD`000

1.24 Aggregate amount of payments to
the parties included in item 1.2 44

1.25 Aggregate amount of loans to the
parties included in item 1.11 -

1.26 Explanation necessary for an understanding
of the transactions

-

NON-CASH FINANCING AND INVESTING ACTIVITIES

2.1 Details of financing and investing transactions which have had a
material effect on consolidated assets and liabilities but did
not involve cash flows

-

2.2 Details of outlays made by other entities to establish or
increase their share in businesses in which the reporting entity
has an interest

-


FINANCING FACILITIES AVAILABLE
Add notes as necessary for an understanding of the position.

Amount Amount
available used
AUD`000 AUD`000

3.1 Loan facilities - -
3.2 Credit standby arrangements - -



RECONCILIATION OF CASH

Reconciliation of cash at the end Current Previous
of the quarter (as shown in the quarter quarter
consolidated statement of cash flows) AUD`000 AUD`000
to the related items in the accounts
is as follows.

4.1 Cash on hand and at bank 2,037 1,995
4.2 Deposits at call 3,004 4,701
4.3 Bank overdraft - -
4.4 Other - bonds 35 35

Total: cash at end of quarter (item 1.22) 5,076 6,731




ACQUISITIONS AND DISPOSALS OF BUSINESS ENTITIES

Acquisitions Disposals
(item 1.9(a)) (Item 1.10(a))

5.1 Name of entity - -

5.2 Place of incorporation
or registration - -

5.3 Consideration for
acquisition or disposal - -

5.4 Total net assets - -

5.5 Nature of business - -



COMPLIANCE STATEMENT

1. This statement has been prepared under accounting policies which
comply with accounting standards as defined in the Corporations Law
or other standards acceptable to ASX.

2. This statement does give a true and fair view
of the matters disclosed.

J Asquith
COMPANY SECRETARY Date: 31/10/2000

[Laufzeit]

Die Aussis haben unverändert geschlossen mit leicht positiver Tendenz. Vielleicht wurde schlimmeres erwartet und einige haben sich einfach zurückgehalten.

Gruss, Laufzeit

Quotes as of Tuesday, 31 Oct 2000 4:39pm
Code Last$ Bid$ Offer$
MYC 0.170 0.170 0.185