Americas

60 MINUTES ATTACKS INDUSTRY SAYING I-GAMING: ILLEGAL AND THRIVING
So many Americans use their computers to gamble on overseas Web sites that if those virtual casinos were to be regulated and taxed by American authorities, tax revenues would be in the billions of dollars. But the federal government says Internet gambling is 100 percent illegal, and people who want to keep it that way believe that the sites, legal in a growing number of foreign countries, can never really be effectively regulated. What’s more, they say, those sites can and do corrupt children and create more addicted gamblers. 60 Minutes correspondent Lesley Stahl examines this contentious issue this Sunday, Nov. 20, at 7 p.m. ET/PT. See More >>>

PARLAY ENTERTAINMENT INC. GRADUATES TO TIER 1
Technology Issuer on the TSX Venture Exchange Parlay Entertainment Inc. (TSX VENTURE:PEI - News), the world's leading supplier of Internet bingo solutions, is pleased to announce that it has met the requirements of TSX Venture Exchange Policy 2.5 - Tier Maintenance Requirements and Inter-Tier Movement ("Policy 2.5") and, accordingly, the Company's tier classification will change from Tier 2 to Tier 1, effective on November 16, 2005.

PARLAY ENTERTAINMENT ANNOUNCES RECORD FINANCIAL RESULTS FOR Q3 2005
Highlights for the third quarter of fiscal 2005 include: - New corporate record for revenue at $1,574,497, up 19% from the prior record for Q1 2005 and up 60% from Q3 2004; New corporate record for royalty revenue at $1,483,726, up 22% from the prior record and on a sequential basis and up 76% from Q3 2004; New corporate record for net income of $262,583 or $0.02 per share, fully diluted, up 14% from the prior record from Q1 2002, up 175% on a sequential basis and up from the net loss of $28,609 recorded in Q3 2004; EBITDA(1) increased to $326,418 from $(171) in Q3 2004 and EBITDA(1) margin increased to 21% from 0% in Q3 2004; Cash balances increased to $1,176,892, up 66% from December 31, 2004 and up 174% from September 30, 2004.

ONLINE RETAILERS ARE OPEN TO ALTERNATIVE PAYMENTS
Credit cards enable over 90 per cent of sales at 85.2 per cent of chain store and catalog retailers, e-tailers and consumer service firms profiled recently by InternetRetailer.com. See More >>>

Fish.com Sale Nets $1 Million Afternic.com announced that it managed the $1 million sale of Fish.com between an undisclosed private party and www.dog.com, a discount dog supplies company and the new owner of the high-value domain name. The all-cash sale sets a new high-water mark for e-commerce transactions this year. Only one other domain name sale, a transaction related to off-shore gaming, had a higher nominal price tag. That deal, however, included a cash payment of well under $1 million plus stock of still-indeterminate value.

Europe

L&G CONTINUES ACQUISITION DRIVE
British online gaming group Leisure & Gaming (LNG.L: Quote, Profile, Research) said on Friday it had agreed to buy two more companies in the sector for cash and shares. The highly acquisitive company said it had agreed to buy Costa Rica-based Nine.com for an initial $36 million and Antigua-based English Harbour for an initial $16.5 million. The cash element of the deals will be funded through a 24.4-million-pound ($42.68 million) share placing. The company's shares closed at 141 pence on Thursday.Leisure & Gaming was set up at the end of 2004 as a listed cash shell aimed at growing through acquisitions in the Internet gaming sector. Its first acquisition in June was VIP, owner of VIPsports and VIPpoker, followed last month by the online casino business of one of Britain's biggest casino firms Stanley Leisure (SLY.L: Quote, Profile, Research). English Harbour, which was launched in 1997 as one of the first online casinos, also owns the Silver Dollar and Super Slots Casino brands. Nine.com, which is licensed in Curacao and run out of Costa Rica, also owns the BetCom and MyBookie brands

PARTYGAMING TO BUY MULTIPOKER
PartyGaming Plc has agreed to buy Scandinavian internet company Multipoker for $14.5m. The deal includes the business, assets, player database and intellectual property of Multipoker, and includes the Multipoker.com site.

INTERTOPS AND PARTY
Intertops and PartyPoker have agreed to end their white-label agreement, with Intertops becoming an affiliate for the Gibraltar-based operator. This will enable PartyPoker to market its services to the Intertops customers and website for the next 15 months. Former white-label partner Coral Eurobet announced last week that it was leaving the PartyGaming network, migrating its customers to a new platform in the next few weeks.

WORLD GAMING MAILING OF ADMISSION DOCUMENT
In the admission document relating to the Company's initial admission to Alternative Investment Market of the London Stock Exchange in May 2005, the Directors outlined the Company's and its subsidiaries' strategy to grow and develop the existing business. This strategy included using the Company's listed status on AIM to permit the Group to pursue strategic opportunities, including potential acquisitions, which would continue to enhance shareholder value. Pursuant to this strategy, on 25 October 2005, the Group announced that it had entered into a conditional agreement to acquire the SPORTSBETTING.COM Group, which is the Group's largest licensee.
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