Interactive Gaming Holdings Plc

December 12, 2006 02:02 ET

Interactive Gaming Holdings Plc:IGH announces agreement with Global Tote

LONDON, UNITED KINGDOM--(CCNMatthews - Dec. 12, 2006) - Interactive Gaming Holdings Plc (AiM: IGH), the online sports betting and gaming operator, announces that it has entered into a white label agreement with Global Tote to conduct betting transactions on sporting events. The agreement will enable IGH to further expand its operational services into the European market. In accordance with US legislation, IGH does not have any operations in the US.

IGH continues to grow its white label network of providing sportsbook betting facilities to other companies. The white label agreement with the Global Tote is the third deal of this kind that IGH has recently executed, enabling the Group to benefit from the Global Tote's website driving more traffic to IGH.

The agreement will allow IGH to capitalise upon the lucrative Spanish markets in Andalucia whilst at the same time increasing the strength and robustness of its Sportsbook product.

Stephen Evans, Chief Executive of Global Tote, said: "We are delighted to be working with IGH on this project and are sure this will be the first of a number of joint initiatives we will undertake together."

Commenting on the agreement, John Heaton, Chief Executive of Interactive Gaming Holdings, said: "We are extremely pleased to have entered into this deal with the Global Tote. The agreement enables IGH to spread its service offerings to a wider range of markets whilst also strengthening the IGH brand with customers."

"This is the third white label agreement that IGH has signed and will truly help move the Company further forward in the right strategic direction."

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

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