iGaming Commentary

Each week GamingInvesting will have commentary by Mr. Patrick Smyth who is highly qualified in the Skill Gaming, and Online Casino industries. He has been a featured speaker at several gaming conferences, and is also a contributing author to the Intl. Game Developers Association.

Patrick recently developed the iGaming analysis website, GamingPublic.com, and is providing professional commentary on all sectors of the gaming industry to include online Poker, internet Casinos, SportsBooks, Lotteries, and Pari-mutuel Horseracing.

Internet Gaming Stocks Highlights

GamingPublic, the center for investment information on internet gambling highlights the following companies for the week ending December 9th, 2005

WorldGaming plc
(LSE: WGP, OTCBB: WGMGY)

• Opening Price 05/12 $2.45 (OTCBB) 149p (LSE AIM)
• Closing Price 09/12 $2.90 (OTCBB) 156p (LSE AIM)

The company had its AGM on Friday and approved the acquisition of the Sportsbetting.com Group of up to $96 million payable 75 percent in cash and 25 percent in ordinary shares of the company. Ostensibly this now takes WorldGaming from the role of software provider to that of also being an operator. The company has software operations based in Vancouver, Canada and the question is who will handle the marketing of the new operations once the deal has completed. Will they move marketing to London or perhaps outsource it? Whatever the decision on location may be, finding quality, experienced marketing experts can be both difficult and expensive according to Pentasia’s Rob Dowling.

Party Gaming plc
(LSE: PRTY)

• Opening Price 05/12 115p
• Closing Price 09/12 138.75p

The company announced interim results last week for the two months ended 30 November 2005, and expects full-year earnings to beat analysts' estimates after revenue growth accelerated at its PartyPoker site and more players used the company's online casino. Party Gaming has also proven what has long been suspected – that poker players will convert to other casino games; especially Black Jack. What remains to be seen though is whether or not Party follows Sportingbet plc (LSE: SBT) success with converting punters and adds a SportsBook to the product mix.

FUN Technologies plc
(LSE: FUN, TSX: FUN)

• Opening Price 05/12 C$6.30 (TSX) 315 p (LSE AIM) • Closing Price 09/12 C$6.95 (TSX) 342p (LSE AIM)

Last week FUN sealed a deal with the NHL operate their “SkillJam” games on the official NHL.com site. The company is definitely one to watch given the deal in which new majority owner, Liberty Media said it would add $50 million to the balance sheets.

GamingPublic.com
GamingPublic.com provides information on the internet gambling business (I-Gaming), investing and investment in publicly listed companies within the Industry. The Company presents analysis on a number of products including online poker, internet casinos, sportsbooks, lotteries, and pari-mutuel racing. GamingPublic.com also provides updated news and commentary on legal and financial aspects of the industry. GamingPublic.com is a wholly-owned subsidiary of Ocean Eclipse Holdings Inc.

http://www.gamingpublic.com

GamingPublic.com
Patrick Smyth
Analyst
email: info@gamingpublic.com
phone: 310.376.3489

Patrick Smyth is the CEO of Gaming Transactions Inc. (NASD GGTS.PK), and has been involved in the online skill gaming, and online casino industries since the mid-nineties. He is a featured speaker at gaming conferences, and is also a contributing author to the International Game Developers Association. The views and opinions expressed are those of the author only.