Document:

CO-OPERATION CONTRACT DRAFT 6/12/99

THE UNDERSIGNED

CASINOBUILDERS.COM  INC. a public company,  with registered and business offices
at 2110 Vickers Drive in Colorado Springs,  CO. 80918,  lawfully represented for
this purpose by its executive vice  president,  Mr. S. Randall and/or its CEO Mr
A. Ruppanger, and referred to hereinafter as "CasinoBuilders";

and

LOST BOYS  INTERACTIVE  B.V.,  a private  limited  liability  company,  with its
registered and business  offices at Herengracht 410 in (1017 BX) Amsterdam,  the
Netherlands,  lawfully represented for this purpose by its managing directors Mr
C.J.W.  Kousemaker  and Mr M.J. Mol, and to be referred to  hereinafter as "Lost
Boys";

WHEREAS:

Lost Boys  engages in the  manufacture  of  software  and in design work for new
media productions in the broadest sense of the words;

CasinoBuilders  is an internet  marketing  and services  company  focused on the
internet gaming  industry and engages inter alia in the commercial  exploitation
of online casino's by licensing;

CasinoBuilders  intends to have  online  Avatar  based  casino's  developed  and
produced  by Lost Boys and Lost Boys is  willing  to  develop  and  produce  the
software and design for such casino's;

Parties  wish to agree upon the terms and  conditions  which will apply to their
co-operation with regard to the development of online Avatar based casino's;

AGREE AS FOLLOWS

ARTICLE 1 - COMMISSION

1.1       For the purpose of this  contract an `online  Avatar based  casino' is
          defined as an online client server based casino where casino games can
          be played together with other people through online connections.

1.2       When  CasinoBuilders  commissions Lost Boys, and Lost Boys accepts the
          commission to produce (a part of) an on-line Avatar based casino (such
          as the art deco casino), hereinafter the "Application", the provisions
          set out in this Contract will apply to such commissions. This contract
          will  not  apply  to  any   commissions   regarding   other  then  the
          aforementioned Applications.

1.2        Lost Boys shall  produce  the  Applications  in  accordance  with the
           functional/technical  specifications,  hereinafter referred to as the
           "Specifications".

1.3        Regular  consultations  shall  be  held  between  CasinoBuilders  and
           Supplier  as  regards  the  content,  structure  and  design  of  the
           Applications.  Final editorial  responsibility  for the  Applications
           shall, however, be the sole responsibility of CasinoBuilders.
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ARTICLE 2 - DELIVERY

2.1        The  delivery  dates of the  Applications  shall be  agreed in mutual
           consent.  Lost Boys will describe details with regard to the planning
           and the delivery for each Application, hereinafter referred to as the
           "Planning".

2.2        CasinoBuilders   shall  be  obliged  to  furnish  all  the  requisite
           co-operation  to Lost Boys for the  performance  of the  Applications
           under  this  Contract,  and  to  make  available  to  Lost  Boys  the
           information, data, software, assets, materials and/or other necessary
           items as described in the Planning,  hereinafter the "Documentation",
           on or by the dates mentioned therein.

2.3        If CasinoBuilders and/or any third parties retained by CasinoBuilders
           fail to make (any part) of the  Documentation  available by or on the
           dates  mentioned  in the  Planning,  Lost  Boys  may -  having  first
           consulted  CasinoBuilders  - then  postpone the Delivery Date without
           being obliged to compensate CasinoBuilders in any way.

2.4        Lost Boys  shall not be liable  for any faults in or, as the case may
           be,  problems  with the  Application's  software that result from the
           Documentation  furnished  by  CasinoBuilders  of  any  third  parties
           retained by the latter.

2.5        If Lost Boys executes any specific changes in and/or additions to the
           Specifications  for the  Application to be supplied by Lost Boys, and
           does so at the request of  CasinoBuilders  as provided for in Article
           3.4, Lost Boys may - having first consulted CasinoBuilders - postpone
           the  Application's  Delivery Date to the extent that this is required
           in order to execute the relevant changes or additions.

ARTICLE 3 - PAYMENT

3.1        For each Application  CasinoBuilders  shall be due Lost Boys the fees
           as mentioned in the price quotation and/or invoices of the particular
           Application.  The way of  payment  of the fees  shall be  decided  in
           mutual consent for each  Application,  hereinafter the "Conditions of
           Payment".   Payment   might  be   effected   partly   in   shares  of
           CasinoBuilders.

3.2        If  CasinoBuilders  issues a  request  to  change  and/or  add to the
           Specifications  for an  Application  produced by Lost Boys,  it shall
           notify   Lost  Boys   accordingly,   Lost  Boys   shall   then  issue
           CasinoBuilders  with a price  quotation for any additional work to be
           performed  as a result  of such  change(s)  and/or  addition(s).  The
           aforementioned  quotation  will be based  upon a  reduced  price of $
           600,-- (six hundred dollars) excluding VAT a day.

3.3        If Lost Boys is required to carry out  additional  work as the result
           of a failure to furnish  (any part of) the  Documentation  on time on
           the part of  CasinoBuilders  and/or any third parties retained by the
           latter,  Lost Boys shall be  entitled to charge on the entire cost of
           this additional work to CasinoBuilders.

ARTICLE 4 - GRANTING OF RIGHTS

4.1        The  Applications  shall be delivered by Lost Boys to  CasinoBuilders
           together  with the  exclusive  right to use,  publish  and market the
           Applications world-wide during the term of this contract.
<PAGE>

           For each  Application  parties will agree upon the exact  conditions,
           such as additional consideration,  under which CasinoBuilders will be
           granted the right to grant third  parties a sublicense  to use and/or
           publish a particular  Application.  The term of such licenses will be
           at most three years.  All sublicenses will be in conformity with this
           contract  and  CasinoBuilders  will  provide Lost Boys with a copy of
           each sublicense granted.

4.2        All  the  (intellectual)  property  rights  in the  Application,  the
           software,  the concept and its design, the INFORMATION OR DATA STORED
           THEREIN  AND ANY  OTHER  MATERIAL  OWNED  BY LOST  BOYS  PRIOR to the
           co-operation  between parties,  shall be exclusively reserved for and
           remain vested in Lost Boys.

4.3        All (intellectual) property rights in the Application,  the software,
           the concept and its design,  the  INFORMATION  OR DATA STORED THEREIN
           AND ANY OTHER MATERIAL DEVELOPED BY LOST BOYS DURING the co-operation
           between  parties,  shall be  reserved  for  parties  together in case
           CasinoBuilders  has  delivered  a  substantial  contribution  to this
           development.  In case  CasinoBuilders has not delivered a substantial
           contribution  to this  development all such  (intellectual)  property
           rights shall be  exclusively  reserved for and remain  vested in Lost
           Boys.

4.4        Article  4.3  does  not  apply  to  the  Documentation  furnished  by
           CasinoBuilders.    All   intellectual   property   rights   in   this
           Documentation shall remain vested in CasinoBuilders.

ARTICLE 5 - WARRANTIES AND INDEMNIFICATION

5.1        The  parties  represent  and  warrant  towards  one  another  that no
           obligations  exist which stand in the way of them  entering  into and
           executing this Contract.

5.2        The parties  represent and warrant  towards one another that they are
           each fully entitled to grant each other the rights  described in this
           Contract and that they shall indemnify each other against any and all
           third-party claims in that regard.

5.3        CasinoBuilders  represents and warrants  towards Lost Boys that it is
           entitled  to  dispose  freely  of  the  Documentation  (to  be)  made
           available to Lost Boys and that it shall  indemnify Lost Boys against
           any and all third-party claims in that regard.

5.4        Either party to this Contract  shall  compensate  the other party for
           any and all damage,  including any legal costs  reasonably  incurred,
           which said other  party may  sustain as the result of any  default on
           the part of the former in its  performance  of any  obligation  under
           this  Contract,  and shall  indemnify the other party against any and
           all third-party claims in that regard.

5.5        The  indemnifications  issued to  CasinoBuilders by Lost Boys in this
           Article  shall lapse if  CasinoBuilders  has made any changes  and/or
           adjustments in or to the  Application or, as the case may be, has had
           such   changes  or   adjustments   made  on  its  behalf   and/or  if
           CasinoBuilders  has used the application in any manner other than one
           that has been agreed on.

<PAGE>

ARTICLE 6 - APPENDIXES

For each  Application  developed  under this contract the following  information
will be attached in an appendix to this contract:

The Specifications;
The Planning;
The Documentation;
The Conditions of Payment.

ARTICLE 7 - TERM

7.1   This  co-operation  contract shall continue for an initial period of three
      years,  and shall take  effect on the first of  December  1999.  In mutual
      consultation  parties  can decide to extend this  contract  with each time
      another period of three years.

7.2   The  sublicenses  as referred to in article 4.1 of this contract which are
      granted before  parties have decided to terminate this contract,  will not
      be effected by the  termination  of this contract.  All other  sublicenses
      will  end at the  termination  of this  contract,  unless  parties  decide
      otherwise in mutual consent.

7.3   After   termination  of  this  contract  parties  will  decide  in  mutual
      consultation if, how and under which  conditions the joint  (intellectual)
      property  rights as referred to in article 4.2 of this  contract  might be
      used by each party.

7.4   After termination of this contract Lost Boys shall repair at its customary
      commercial rates defects in the software of the delivered  Applications to
      the  best  of  its  ability  (corrective   maintenance)  upon  request  of
      CasinoBuilders.  Parties will enter into an maintenance  contract for this
      purpose in due course. This maintenance  contract will be effective during
      the remaining term of the latest  sublicense  granted by CasinoBuilders as
      referred to in article 4.1, with a minimum of one year.

      However,  in case this  contract is  terminated by Lost Boys in accordance
      with article 15 of Lost Boys' General Terms and Conditions of Delivery and
      Payment, Lost Boys will not be obliged to provide  CasinoBuilders with the
      aforementioned maintenance.

ARTICLE 8 - GENERAL TERMS AND CONDITIONS

8.1    Lost Boys'  General  Terms and  Conditions  of Delivery and Payment shall
       form an  integral  part of  this  Contract.  By  signing  this  Contract,
       CasinoBuilders  represents  that it has  accepted  the  contents  of said
       General Terms and Conditions.

8.2    If any  provision in this  Contract  and/or its  appendixes  should be in
       violation  of Lost Boys'  General  Terms and  Conditions  of Delivery and
       Payment, the relevant provision in this Contract shall take precedence.

8.3    In departure from the General Terms and Condition of Delivery and Payment
       (GTC) the parties have agreed that:

a.       The following sentence shall be added to Article 12 of the GTC:
            "Identical confidentiality obligations will apply to Supplier."

b.      Article 15.1 of the GTC shall be replaced in full by the following text:
            "If one of the parties,  having first received a written demand from

<PAGE>

            the  other  party,  continues  to  default  on any of its  essential
            obligations  under this  contract  and/or  these  General  Terms and
            Conditions,  the party concerned shall be entitled,  without further
            notice of  default  to the  other  party or court  intervention,  to
            terminate  the contract - with  immediate  effect and without  being
            obliged to pay the other party any kind of  compensation  - by means
            of a registered  letter,  without this  prejudicing the right of the
            terminating  party to exercise its other statutory  rights,  such as
            its  right  to  compensation.  If,  at the  time  of the  Contract's
            termination  under this Article,  the terminating  party has already
            partially  performed  its  obligations,  the  other  party  shall be
            obliged  in  return  to  perform  its  relevant  obligations  to  an
            equivalent degree."

c.       The following sentence shall be added to Article 15.2 of the GTC:
        "Customer will be entitled to terminate a contract on the same grounds."

d.       Article 18.1 of the GTC shall be replaced by the following text:
            "During the term of the  co-operation  contract between the Customer
            and the Supplier,  the Supplier shall remedy for free any defects in
            the software as a result of its not satisfying  the  specifications,
            if and to the extent that it is notified of these defects in writing
            by the Customer within this period."

THUS  AGREED  AND  SIGNED IN  DUPLICATE ORIGINALS IN AMSTERDAM, THE NETHERLANDS/
COLORADO, USA

DATE:       ....................... 1999

Lost Boys Interactive B.V.                               CasinoBuilders.com Inc.

 ...........................................              .......................
C.J.W. Kousemaker                                        P. A. Ruppanner

 .........................................
M.J. MolCONSULTING AGREEMENT

                  CONSULTING   AGREEMENT  dated  as  of  July 16. 1999   between
CasinoBuilder.com,Inc., a Nevada corporation, with a principal place of business
at 8756 122nd  Avenue NE. Kirkland, Washington,  98033  ("CBC"),  and  Portfolio
Investments Strategies Corp.,  with  a  principal  place  of business  at 6 Lake
Street,  Suite 1800.  Monroe,  New York 10950 ("PiSC").

                                    WHEREAS:

                  A. CBC has  done a  private  placement of its  Senior Series A
Senior Subordinated Convertible Redeemable  Debenture  to  ZZG  Holdings  L.L.C.
("PURCHASER") pursuant  to  a  Securities  Subscription  Agreement  of even date
between CBC and Purchaser ("AGREEMENT"); and

                  B.  CBC  wishes to compensate  PiSC for  rendering  consulting
services in connection with the Agreement  and  the  private  placement  of  its
securities.

                          NOW THEREFORE, it is agreed:

                  1.  COMPENSATION.  CBC  shall  pay  PiSC a  consulting  fee of
$117,000 ("Fee"), which Fee shall also cover expenses; as follows;  $32,500 upon
the  execution  of the  Agreement,  $42,500 upon payment of the first Demand and
$42.500 upon payment of the second  Demand ("FEE  INSTALLMENTS").  PiSC shall be
paid such Fee, in cash, by the  Purchaser who shall deduct the Fee  Installments
from each of the Debenture payments made to CBC.

                  2. MISCELLANEOUS.  This Agreement (i) shall be governed by the
laws of the State of Colorado; (ii)  may  be executed  in  counterparts  each of
which  shall constitute an original: (iii) shall be binding upon the successors,
representatives,  agents,  officers  and  directors of the parties; and (iv) may
not be modified or changed  except in a writing signed by all parties.

<PAGE>

This Consulting Agreement has been executed as of the date first above written.

                            CASINOBUILDERS.COM, INC.

                            By: /s/Paul A. Ruppanner
                                   Paul A. Ruppanner

                            PORTFOLIO iNVESTMENT STRATEGIES CORP.

                            By:/s/ Not Legible

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