ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

IGH Interactive Gam

1.00
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Interactive Gam LSE:IGH London Ordinary Share GB0034347921 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Agreement with Maharajah Club

03/10/2006 8:01am

UK Regulatory


RNS Number:8306J
Interactive Gaming Holdings PLC
03 October 2006




Press Release                                                  03 October 2006


                        Interactive Gaming Holdings Plc

                            ("IGH" or "the Group")

                IGH announces entry into the Asian Gaming market


Interactive Gaming Holdings Plc (AiM: IGH), the online sports betting and gaming
operator, announces that it has entered into an white label agreement with
Maharajah Club, the fast growing online gaming company, to offer sportsbook
betting, which has now gone live.  In accordance with US legislation, IGH does
not have any operations in the US.

The Maharajah Club, which debuted at London's Asian Lifestyle Show in July, is
operated by Maharaja Gaming and licensed by the Gaming Commission of Curacao,
Netherlands Antilles.  Maharajah Club is first and only online gaming site to
specifically to identify and target the South Asian market worldwide, as a key
new market.  Maharajah Club estimates this market to include over 300 million
people of Asian origin, including over 3 million in the UK alone.
MaharajahClub.com is dedicated to making the gaming experience as exciting and
rewarding as possible for the South East Asian communities, differentiates
itself by offering customer service catered to local cultures and is committed
to responsible gaming.

This agreement will enable IGH to comprehensively expand its sportsbook offering
in the South Asian markets, through the Maharajahsports.com website. In
addition, IGH will benefit from having access to the South Asian betting markets
and will help maximise efficiency of the business operation.

Sachin Pawa, Chief Executive of Maharaja Gaming, commented: "The addition of a
sporting book will enable Maharajah Club to increase the variety of experience
available to our customers on MaharajahClub.com and enable us to further
strengthen our market share".

Commenting on the agreement, John Heaton, Chief Executive of Interactive Gaming
Holdings, said: "We are very pleased to announce the white label agreement
between IGH and the Maharaja Club.  The alliance will provide IGH with access to
the South Asian gaming market, at an elementary stage of its development, with a
partner who understands its inherent cultural differences.  We believe that the
South Asian gaming market will be of great significance in terms of IGH's future
success".


                                     -ends-



For further information:
Interactive Gaming Holdings Plc
John Heaton, Chief Executive                         Tel: +44 (0) 207 745 6268
john.heaton@igh.com                                                www.igh.com


Media enquiries for Interactive Gaming Holdings Plc:
Abchurch
Chris Lane / Franziska Bohnke                        Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com                    www.abchurch-group.com




Notes to Editors


About IGH

Interactive Gaming Holdings plc is a leading online sports betting and casino
operator listed on the AIM market of the London Stock Exchange. IGH provides its
customers with a complete gaming experience offering seamless integration
between traditional sports betting and its casino products.

The Group's strategy is to enhance organic growth by focusing on selective
value-enhancing acquisitions within the online sports betting and gaming
sectors.  In addition to IGH's existing customer base, the Company is actively
pursuing, under revenue share agreements, white-label opportunities with
significant brand names.

To date, IGH has made two acquisitions, namely Heathorns, the world's oldest
established bookmakers in March 2005, and Premier Bet, a fixed odds bookmaker
based in London, in August 2005. The Company, in accordance with US legislation,
does not have any operations in the US.

Further information on Interactive Gaming Holdings can be found at www.igh.com





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AGRMGMGGNZZGVZM

1 Year Interactive Gaming Chart

1 Year Interactive Gaming Chart

1 Month Interactive Gaming Chart

1 Month Interactive Gaming Chart