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GMC Global Market

50.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Global Market LSE:GMC London Ordinary Share KYG3927E1145 ORD USD0.0002 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 50.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Statement

27/06/2005 8:00am

UK Regulatory


    Gaming Corporation PLC

Gaming Corporation PLC Monday 27th June 2005

Trading Statement

Gaming Corporation plc ("Gaming Corp" or "the Company"), the number 1 gaming
portal operator and owner of both www.gambling.com and www.casino.co.uk, today
provides an update on recent trading.

Gambling.com

Recently acquired Gambling.com has already made a strong contribution to Group
profitability in its first full month as a wholly owned subsidiary of the Group,
generating net income of £105,000 in May, ahead of management's budgets.
Integration of the Gambling.com business is progressing very well and we expect
continued growth, synergies and the benefits of cost savings to make significant
improvements in the profitability of this business going forward.

Orange mobile gaming business

The recently launched mobile gaming business is already starting to show very
encouraging results with over a thousand registered players in the first few
weeks of operation. New player registrations, deposits and revenues have
increased substantially over the past week as Orange has increased the marketing
coverage and moved out of the "soft launch" phase. Gaming Corp has first mover
advantage in this exciting sector and is in ongoing negotiations with other
major mobile network operators with a view to launching additional mobile gaming
services. The games can now be accessed from the Orange World home page by
clicking the "Fun" channel and then clicking the recently launched "Gambling"
channel.

Casino.co.uk and Gaming Operations

Casino.co.uk has grown considerably during the year recording over 4 million
unique visitors in May 2005 an increase from 3 Million in March. This growth in
traffic has contributed to both higher cost per click advertising revenue and
increased business in our proprietary Casino, instant win and skill gaming
businesses. We are in ongoing negotiations with software suppliers with a view
to increasing margins and the range of Gaming products that we offer.

Justin Drummond, Chief Executive, commenting on recent trading,

"Gaming Corp has made significant progress since the start of 2005 and now has a
very cash generative business. The Company has reached critical mass and is in a
leading position in the Gaming portal market".

For further information contact:

Damion Greef, Communications Director, 07736 381 030
Trevor Phillips, Holborn PR, 020 7929 5599
Justin Drummond, Chief Executive, 020 7618 9000
Jason Drummond, Chairman, 020 7618 9000

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