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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

06/03/2006 7:00am

UK Regulatory


    Gaming Corporation PLC

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.

The first quarter of the 2006 financial year has seen continued strong trading
across the Group, generating first quarter profits before tax materially ahead
of the profits for the whole of the previous financial year. The Board is
confident that the results for the year ending 30 September 2006 will be at
least in line with market expectations.

Portals and Advertising

Gambling.com continues to make a strong contribution to Group profitability and
during the first quarter there has been continued upward pressure on the cost
per click advertising rates. The advertising base has continued to grow with
over 1,000 casino and poker sites now listed on the Gambling.com search network.
Search syndication where the gambling.com search technology is imbedded in 3rd
party gambling portals is starting to gain traction and this should be an area
of considerable growth during 2006.

Casino.co.uk has experienced further quarter on quarter growth and has benefited
from additional search based revenue through a search syndication deal with
Gambling.com.

Eyeconomy, our online media sales division continues to perform strongly and has
assisted the Group in growing the portal network and existing gaming operations
through targeted advertising campaigns and strategic advice.

Interactive Gaming

The mobile gaming division launched with Orange UK continues to gain traction
having signed up over 7,000 registered customers during the initial launch
phase. As Orange UK intensifies their marketing effort we would anticipate
further growth in this division.

In addition, the Company remains in ongoing advanced negotiations with a number
of network operators in the UK and Europe with a view to replicating the success
we have experienced with Orange in the UK.

Justin Drummond, Chief Executive, commenting on recent trading,

"Gaming Corp has continued to make significant progress since the start of the
2006 financial year. The business is now experiencing profitable growth and
generates significant levels of free cash flow".


For further information contact:

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

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