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Name | Symbol | Market | Type |
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Spdr Glob Infra | LSE:GIN | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 26.075 | 25.98 | 26.17 | 0 | 01:00:00 |
RNS Number:5204R Gaming Insight PLC 15 February 2002 For Immediate Release Friday 15 February 2002 Gaming Insight Plc Trading update Gaming Insight Plc ("Gaming Insight" or "the Group"), the digital media rights and interactive gambling products business, is pleased to issue today an update on trading over the last 12 months. Casino business The casino business continues to go from strength to strength and is currently operationally profitable with turnover up over 300% year on year to in excess of £12m (18 months to 31 December 2000: £3.75m) and performing at record levels during the first six weeks of this year. Our second generation proprietary software will be launched within weeks, offering a fully streamed casino capable of taking on the look, feel and branding elements of our partners brands. This virtual casino environment is a quantum leap over existing two dimensional on-line casino operators products and has generated several approaches from brands keen to create their own branded casinos. gobarkingmad The new management and production team appointed before Christmas are further developing the product and are currently in discussions to secure further rights to broadcast premium betting opportunities from around the world. The gobarkingmad idTV channel on Sky digital 425 is undergoing stress testing and an announcement about a launch date will be made on completion of this testing. Racing-Network.co.uk Racing Network has horse racing betting advice service has launched a new service RNLight.com, tailored for palm top delivery, foreign language translation and web TV. Betting revenues continue to grow through the live prices interactive betting system operating in conjunction with Victor Chandler International. User numbers have also continued to grow, establishing Racing-Network.co.uk as one of the premier online betting advice services in the UK. Gaming Insight is continuing discussions with strategic funding partners and will make a further announcement as these are concluded. David Sanderson, Chief Executive, said: "The casino business continues to exceed our expectations with turnover up over 300% year on year to in excess of £12m for 2001 and performing at record levels during the first six weeks of this year." "We expect this growth to continue as we sign up new partners for our ground breaking Premium Brand casino." "gobarkingmad is entering the final stages of testing and its forthcoming launch will mark a milestone for the Group and will be the culmination of 12 months hard work and development to produce the world's first interactive betting channel." For further information, please contact: Gaming Insight Plc Tel: 020 7070 7279 David Sanderson, Chief Executive Damion Greef, Corporate Communications Buchanan Communications Tel: 020 7466 5000 Bobby Morse/Bobbie Swanson Background Information: Gaming Insight Gaming Insight plc is listed on the AIM market (L: GIN) and was established to create the premier casino and sports gaming group on internet sites worldwide. Its subsidiary companies are: gobarkingmad Limited, ZapCasino, and Racing-Network.co.uk. ZapCasino.com was launched in 1999 and is played on the Internet in over fifty countries. Games include Poker, Baccarat, Roulette, slot machines and scratch cards in eleven languages. ZapCasino.com is the first on-line casino to be insured through a Lloyds of London broker and has a maximum insured payout of US$8 million. gobarkingmad will shortly launch a 24-hour a day 7 days a week greyhound racing channel over the Internet and interactive television. gobarkingmad has already acquired exclusive Internet and interactive television and mobile telephone broadcasting rights from greyhound tracks across the world, including the United Kingdom, United States of America, Australasia, Asia/Pacific, Europe and Africa. Following the contract with Sky Channel gobarkingmad can now schedule over 100,000 greyhound races per year. Racing-Network.co.uk was launched in May 1999 and is a dedicated horse racing betting advice service for enthusiasts worldwide. With a British Horseracing Board licence, Racing Network provides daily horse racing declarations for British racing, trainers, jockeys, jockey weights together with a form guide for each horse declared to run. This information is provided by RNS The company news service from the London Stock Exchange
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