Sportingbet.com Becomes World Gaming's Number One Licensee
By staff
Sportingbet.com Becomes World Gaming's Number One Licensee With

Acquisition Of Internet Opportunity Entertainment

London, UK - July 30, 2001

World Gaming plc (OTC BB: WGMGY), a global pioneer in I-gaming

technologies, announced that Sportingbet.com plc has become the

company's number one licensee following its acquisition of

Internet Opportunity Entertainment.

Sportingbet.com, a global Internet bookmaker, will acquire all of

Internet Opportunity's properties including the leading sports

book and casino sites SportsBook.com, Wallstreet.com and

Playersonly.com.

"This is tremendous news and represents very real global

expansion opportunities for World Gaming," said Mike Aymong, CEO

of World Gaming. "Our meeting today in London with

Sportingbet.com has set the groundwork for what is an important

new business relationship for our companies."

In March of this year, Sportingbet.com acquired the entire issued

share capital of Australia's largest private bookmaker, The

Number One Betting Shop Limited, providing a substantial physical

and operating presence in Australia and New Zealand. Further, the

company signed an exclusive 5-year marketing deal with Ozmosa

Limited and Singinvests, both of which provide a substantial

network of gaming sales agents in East and South East Asia, the

world's largest betting market.

"I have long admired Internet Opportunity and regard it as one of

the most successful examples of Internet bookmaking," said Mark

Blandford, CEO of Sportingbet.com. "World Gaming has played an

important role in this success and I look forward to the exciting

opportunities our new relationship affords."

World Gaming recently extended its exclusive agreement for

sportsbook.com, playersonly.com and acescasino.com with Internet

Opportunity until 2004 and will continue under Sportingbet.com as

part of the recent announcement.

About World Gaming plc

World Gaming plc is a pioneer and leader in I-gaming software and

e-commerce technologies. World Gaming is an international

developer, licensor and provider of the industry's most

comprehensive offering of online gaming products, including

casino, sports book and pari-mutuel betting. For more information

about World Gaming, visit the company's Web site at

www.worldgaming.com

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Media Relations: Investor Relations:

Heather Grant Réjane Wilson

Goodman Communications Inc. The Barnes Organization

416-924-9100, ext. 233 416-367-5000

heather@goodmanpr.com rwilson@barnesir.com

Safe Harbor Statement under the Private Securities Litigation

Reform Act of 1995: The statements contained herein which are not

historical fact are forward-looking statements that are subject

to risks and uncertainties that could cause actual results to

differ materially from those expressed in the forward-looking

statements, including, but not limited to, certain delays in

testing, evaluation and deployment of products, fraud occasioned

upon licensees of World Gaming, regulation of the online gaming

industry, and other risks detailed from time to time in World

Gaming's filings with the Securities & Exchange Commission. We

assume no responsibility for the accuracy and completeness of

these statements and are under no duty to update any of the

forward-looking statements contained herein to conform these

statements to actual results. This is not an offer to sell or a

solicitation of an offer to purchase any securities.

 
 
 
 
 
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