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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 |
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
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