iGaming Corporation
TSX VENTURE : IGA

iGaming Corporation

January 05, 2007 12:00 ET

iGaming Subsidiary Executes Contracts Valued at Approximately US$2 Million

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2007) - iGaming Corporation ("iGaming" or the "Company") (TSX VENTURE:IGA) is pleased to announce that its wholly-owned subsidiary, IGC Entertainment Corporation ("IGC"), has entered into separate agreements (the "Agreements") with three independent media and entertainment companies, to supply advertisement space, customer database information and other related services for aggregate consideration of over US$2,000,000 over the next 4 years.

IGC is the owner of various highly trafficked website assets including www.jimfeist.com, www.vegasonlinesports.com, www.picksonline.com, www.offshoreconnection.com, www.rotoplay.com and www.scoreslinespicks.com.

The Agreements announced today call for providing advertisement space on IGC's websites over the next 4 years representing approximately 100% of the websites' current collective advertising capacity until August 2007, and approximately 50% of such capacity until August 2010. The Agreements further call for the sale of information related to IGC's customer database as well as the provision of other consulting services.

"The agreements signed today further reinforce management's plan for iGaming and its subsidiaries and lends more credence to the value of the assets purchased during the Company's reactivation stage" said Christopher Kape, President and CEO of iGaming Corporation. "The ability to generate advertising and related revenue for our existing properties will significantly improve the operating income for IGC given that there is very little cost to the provision of these services. These initiatives will strengthen our bid to deliver EBITDA positive bottom results for fiscal 2007."

The Agreements call for monthly payments in advance of approximately (cumulative and in US$) $50,000 until next August and $40,000.00 thereafter until August 2010.

About iGaming Corporation

iGaming owns and operates assets that provide fact-based and opinion-oriented information relevant to the sports gaming industry. These assets include websites, client-server software, publications and call centers.

The Company generates revenues in a number of ways, including various direct to consumer services and direct to gaming operator sales through its portfolio of websites which includes www.JimFeist.com, www.PicksOnline.com, www.Vegasonlinesports.com, www.OffshoreConnection.com, www.FurturesandProps.com and www.ScoresLinesPicks.com. In addition, iGaming operates Linetracker a state of the art, real-time sports information system for the more serious bettors and handicappers. Finally, the company operates various fantasy sports contests catering to the sports enthusiast through its fantasy sports website which can be found at www.rotoplay.com.

iGaming's common shares trade on the TSX Venture Exchange under the symbol IGA.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THE INFORMATION CONTAINED IN THE NEWS RELEASE.

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