EXHIBIT 10.3(a)

                              PROMISSORY NOTE

$ 100,000.00                                           DATE:
February 6, 1997
                                                  Las Vegas,
Nevada

     FOR VALUE RECEIVED, the undersigned ("Makers") promise to
pay to
INTERNATIONAL SPORTS WAGERING, INC., a Delaware corporation, or
to order (hereinafter
"Holder"), the principal sum of One Hundred Thousand and No/100
Dollars ($100,000.00), with no
interest, payable as follows:

     (a) During the first year after the execution hereof,
principal shall be paid in consecutive  bi-
weekly installments of One Thousand Nine Hundred Twenty-Three and
08/00 Dollars ($1,923.08),
commencing on February 21, 1997, and continuing every two weeks
thereafter; and

     (b) During the second and third years after the execution
hereof, principal shall be paid in
consecutive bi-weekly installments of Nine Hundred Sixty-One and
54/00 Dollars ($961.54),
commencing on February 20, 1998, and continuing every two weeks
thereafter, with all amounts due
hereunder to be paid in full on or before February 4, 2000 (
Maturity Date ).  

     All bi-weekly payments due hereunder shall be paid by
deduction from the base salary of
Maker, Sidney Diamond, from his employment with International
Sports Wagering, Inc. 
Notwithstanding the foregoing, in the event that the principal
outstanding hereunder becomes due
and payable in full prior to the Maturity Date, all further
payments shall be made  at the offices of
Holder, 201 Lower Notch Rd., Little Falls, New Jersey 87424,
unless otherwise designated by
Holder.   Any and all payments hereunder shall be payable in
lawful money of the United States
which shall be legal tender in payment of all debts at the time
of payment. 

     Should payment of any principal not be made when due, Makers
shall be in default under this
promissory note.  In the event of such default, the whole sum of
principal outstanding hereunder
shall become immediately due and payable at the option of Holder,
and Holder may exercise any and
all rights and remedies it may possess at law or in equity for
the collection of this obligation. 
Additionally, in the event that Maker, Sidney Diamond, resigns
from employment with International
Sports Wagering, Inc., prior to the Maturity Date, or is
terminated from his said employment prior
to the Maturity Date for cause, death, or disability, the whole
sum of principal outstanding hereunder
shall become due and payable at the option of Holder thirty (30)
days after the date of the said
resignation or termination, and Holder may exercise any and all
rights and remedies it may possess
at law or in equity for the collection of this obligation. 
Nevertheless, in the event that Maker, Sidney
Diamond, is terminated from employment with International Sports
Wagering, Inc., other than for
cause, death, or disability, the whole sum of principal then
outstanding hereunder shall be deemed
forgiven.  This Note may be pre-paid without penalty.




     This Note is secured by two (2) deeds of trust of even date
herewith.  Upon payment in full
of all obligations hereunder, this Note shall be marked "Paid in
Full" and returned to Makers, and
the  said deeds of trust shall be reconveyed.    

     Makers hereby waive notice of default, diligence, demand,
presentment, notice of
nonpayment and protest.  If any action is taken by Holder
(whether by Court proceeding or
otherwise) to enforce payment of this Note, the undersigned
Makers promise to pay to Holder any
and all costs of such action, including all reasonable attorneys'
fees and costs incurred therein.

                                 "Makers"


                              /s/ Sidney Diamond                  
               
                              Sidney Diamond


                              /s/ Arlene Diamond                  
               
                              Arlene Diamond