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                              EMPLOYMENT AGREEMENT



      THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as

of this 31st day of August 2003, by and between Gaming & Entertainment Group,

Inc., a Nevada corporation ("Company"), and Will McMaster, an individual

("Employee").



                                   WITNESSETH:



      WHEREAS, Employee has significant expertise in, inter alia, Class II and

Class III gaming systems development, information technology, software and

hardware Engineering, client/server network systems, databases,

regulatory/compliance standards for Nevada & GLI markets, and back-end systems,

operations & protocols;



      WHEREAS, Employer desires to employ Employee on the terms and conditions

set forth hereinbelow; and



      WHEREAS, Employee desires to enter this Agreement on the terms and

conditions set forth hereinbelow.



      NOW, THEREFORE, in consideration of the premises and the mutual promises

and agreements contained herein, it is hereby agreed as follows:



      1. Term. Company hereby employs and Employee hereby accepts employment

with the Company for a period of two (2) years beginning on the date hereof

("Term"). Unless Company or Employee gives written notice that this Agreement

shall be allowed to expire and the employment relationship thereby terminated at

least thirty (30) days prior to the expiration of the Term, this Agreement shall

continue in effect from month to month after the expiration of the Term and

shall be terminable by either party upon thirty (30) days' written notice.



      2. Duties of Employee. Employee's position with Company shall be Director

of Research and Development. Employee shall do and perform all services, acts,

or things reasonably necessary or advisable to accomplish the objectives and

complete the tasks assigned to Employee by senior management of Company. With

Employee's consent, Company may assign Employee to another position commensurate

with Employee's training and experience so long as the compensation paid to

Employee is equal to or greater than the compensation provided in this

Agreement.



      3. Devotion of Time to Company's Business. Employee shall be a full-time

employee of Company and shall devote such substantial and sufficient amounts of

his productive time, ability, and attention to the business of Company during

the Term of this Agreement as may be reasonable and necessary to accomplish the

objectives and complete the tasks assigned to Employee. Prior written consent of

Company shall be required before Employee shall undertake to perform any outside

services of a business, commercial, or professional nature, whether for

compensation or otherwise' provided. however, Employee shall be permitted to

provide technology consulting to third parties unaffiliated with the Company so

long as such matter are not undertaken during regular business hours and are

non-competitive with the Company's business initiatives. Any and all gaming

related technology or products invented, patented or trademarked, during the

Term shall be considered the intellectual property of Company as further

provided in Section 12 hereinbelow. All non-gaming technology and/or inventions

shall be presented to the employer for first right of acceptance or refusal.

Written consent shall not be required as to Employee's reasonable participation

in educational and professional activities related to the maintenance of

Employee's qualifications and stature in his profession.



      4. Uniqueness of Services. Employee hereby acknowledges that the services

to be performed by him under the terms of this Agreement are of a special and

unique value. Accordingly, the obligations of Employee under this Agreement are

non-assignable.



      5. Compensation of Employee.



            a. Base Annual Salary. Subject to other specific provisions in this

Agreement, as compensation for services hereunder, Employee shall receive a Base

Annual Salary of $120,000 per annum.





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            b. Annual Review. Company agrees to review the salary of Employee

annually during the term of this Agreement. Company, in its sole discretion, may

increase Employee's salary dependent upon various factors which include without

limitation Employee's performance, the compensation paid to similarly situated

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