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Sportingbet.com Becomes World Gaming's Number One Licensee With Acquisition Of Internet Opportunity Entertainment
London, UK - July 30, 2001
World Gaming plc (OTC BB: WGMGY), a global pioneer in I-gaming
technologies, announced that Sportingbet.com plc has become the
company's number one licensee following its acquisition of
Internet Opportunity Entertainment.
Sportingbet.com, a global Internet bookmaker, will acquire all of
Internet Opportunity's properties including the leading sports
book and casino sites SportsBook.com, Wallstreet.com and
Playersonly.com.
"This is tremendous news and represents very real global
expansion opportunities for World Gaming," said Mike Aymong, CEO
of World Gaming. "Our meeting today in London with
Sportingbet.com has set the groundwork for what is an important
new business relationship for our companies."
In March of this year, Sportingbet.com acquired the entire issued
share capital of Australia's largest private bookmaker, The
Number One Betting Shop Limited, providing a substantial physical
and operating presence in Australia and New Zealand. Further, the
company signed an exclusive 5-year marketing deal with Ozmosa
Limited and Singinvests, both of which provide a substantial
network of gaming sales agents in East and South East Asia, the
world's largest betting market.
"I have long admired Internet Opportunity and regard it as one of
the most successful examples of Internet bookmaking," said Mark
Blandford, CEO of Sportingbet.com. "World Gaming has played an
important role in this success and I look forward to the exciting
opportunities our new relationship affords."
World Gaming recently extended its exclusive agreement for
sportsbook.com, playersonly.com and acescasino.com with Internet
Opportunity until 2004 and will continue under Sportingbet.com as
part of the recent announcement.
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and
e-commerce technologies. World Gaming is an international
developer, licensor and provider of the industry's most
comprehensive offering of online gaming products, including
casino, sports book and pari-mutuel betting. For more information
about World Gaming, visit the company's Web site at www.worldgaming.com
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London, UK - July 30, 2001
World Gaming plc (OTC BB: WGMGY), a global pioneer in I-gaming
technologies, announced that Sportingbet.com plc has become the
company's number one licensee following its acquisition of
Internet Opportunity Entertainment.
Sportingbet.com, a global Internet bookmaker, will acquire all of
Internet Opportunity's properties including the leading sports
book and casino sites SportsBook.com, Wallstreet.com and
Playersonly.com.
"This is tremendous news and represents very real global
expansion opportunities for World Gaming," said Mike Aymong, CEO
of World Gaming. "Our meeting today in London with
Sportingbet.com has set the groundwork for what is an important
new business relationship for our companies."
In March of this year, Sportingbet.com acquired the entire issued
share capital of Australia's largest private bookmaker, The
Number One Betting Shop Limited, providing a substantial physical
and operating presence in Australia and New Zealand. Further, the
company signed an exclusive 5-year marketing deal with Ozmosa
Limited and Singinvests, both of which provide a substantial
network of gaming sales agents in East and South East Asia, the
world's largest betting market.
"I have long admired Internet Opportunity and regard it as one of
the most successful examples of Internet bookmaking," said Mark
Blandford, CEO of Sportingbet.com. "World Gaming has played an
important role in this success and I look forward to the exciting
opportunities our new relationship affords."
World Gaming recently extended its exclusive agreement for
sportsbook.com, playersonly.com and acescasino.com with Internet
Opportunity until 2004 and will continue under Sportingbet.com as
part of the recent announcement.
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and
e-commerce technologies. World Gaming is an international
developer, licensor and provider of the industry's most
comprehensive offering of online gaming products, including
casino, sports book and pari-mutuel betting. For more information
about World Gaming, visit the company's Web site at www.worldgaming.com
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