SOURCE: Spin3

November 11, 2007 21:00 ET

Land-Based Casinos Get an Interactive Advantage With OnCash™ From Spin3

Spin3's OnCash Bridges the Gap for Land-Based Enterprises Looking to Expand Into the Virtual Casino World

MACAU, CHINA--(Marketwire - November 11, 2007) - Spin3 (www.spin3.com)*, a leading provider of mobile gambling solutions powered by Microgaming, the world's largest online gaming software provider, has launched OnCash™, a system that empowers land-based casinos and other organisations that work in a cash-environment to branch their business into the online and mobile casino mediums quickly and easily, whilst utilising their existing processing and payment solutions.

OnCash has been created for establishments in countries that have a predominantly cash-based culture. The system is designed with a powerful web-based network that works like a regular brick-and-mortar casino except that in exchange for cash, players receive credits -- to either a mobile casino, online casino or both -- that allow them to play anywhere, anytime. The high quality casino games are provided by Microgaming and contain a whole array of classic casino games, including live dealer table games via streaming video and progressive jackpots.

Spin3, named the 'Best Mobile Gambling Systems Company' for two years running at Mobile Entertainment magazine's ME Awards, developed the OnCash concept to open up the online and mobile casino markets to enterprises, such as land-based casinos and hotels, by offering them a new and lucrative revenue stream that fully complements their business. Moreover, the system's unique product architecture makes it fast and easy to deploy with minimal investment.

Matti Zinder, Head of Spin3, explains: "Traditionally, a lot of effort in the industry has been placed on the mobile games themselves, and not on the business ecosystem used to deliver them. We identified this gap and recognized the potential a system such as OnCash offered to fill this void to make the deployment of interactive casino operations as quick and easy as possible so that these operations could take advantage of the lucrative opportunities available in interactive gaming.

"We are really excited about the prospects for OnCash in developing markets such as South East Asia. We have already begun the product's first trial run, and are looking at a number of potential retail partners in this region and beyond in the near future. From recent award wins, we know that we are successful in what we do, and are confident that OnCash will be another extension of that success."

Spin3 is exhibiting OnCash at the GSMA Mobile Asia Congress, at stand number F17.

* - Spin3 is a division of Spiral Solutions Ltd.

About Spin3 (www.spin3.com)

Spin3, a division of Spiral Solutions Ltd., has partnered with Microgaming, the world's leading developer of online gaming solutions, to provide turnkey solutions for the mobile gaming arena. The complete offering includes dynamic wireless real and play-for-fun casino systems, flash casino, marketing services and innovative technologies that push the interactive gaming industry to new frontiers.

About Microgaming (www.microgaming.com)

Since the company developed the first true online casino software over a decade ago, it has led the industry in providing innovative, reliable gaming solutions. Thanks to an unrivalled R&D programme, that averages 60 games per year and a unique 'partnership' approach to working with operators; Microgaming powers 120 of the world's most profitable casino sites, delivering over 300 games. The Microgaming Progressive Jackpot Network is the world's largest progressive and has paid out a record $225m plus in the last four years.