Interactive Systems Worldwide Inc. (“ISWI”), incorporated in 1995, has designed, developed and patented an interactive hardware and proprietary software system, the SportXction^® System, which enables users to wager at fixed prices during the course of a sporting event, such as soccer, football, baseball, basketball, golf, tennis and cricket. The SportXction^® System accepts bets not only on the outcome of a sporting event, but also on discrete parts of the event and on specific game situations.