27.07.2001
World Gaming Announces Release of Version 3.2
Next generation software includes more than 30 Internet casino games, sports book and pari-mutuel betting
St. John’s, Antigua, July 27, 2001 - World Gaming plc (NASDAQ OTC: WGMGY), a global pioneer in I-gaming technologies, has released version 3.2 of its widely-used, state-of-the-art I-gaming software. Further, the company has announced that future product enhancements will be put into production every 12 weeks.
“World Gaming 3.2 is a major accomplishment for the company and a demonstration of current management’s commitment to meeting its targets and deadlines,” said Mike Aymong, CEO of World Gaming. “World Gaming 3.2 significantly raises the bar for I-gaming software. No one in our industry is offering such a powerful I-gaming environment, nor are they committed to such an aggressive product development schedule.”
World Gaming 3.2 offers 10 Instant play Java casino games, 6 Java lottery games and 15 C++ downloadable, Windows environment casino games. World Gaming 3.2 also offers sports book and pari-mutuel betting, including live horse racing, greyhound and Jai Alai action. Additional features and functionality include an innovative, back-office Command Center that allows licensees to manage their business and generate dozens of usage and financial reports, ensuring ongoing service improvements and a better customer experience.
“World Gaming 3.2 incorporates the industry-leading security afforded by our recent partnership with HNC Software," said David Pasieka, COO of World Gaming. “There is no doubt that today we are offering the safest and most entertaining I-gaming experience on the market. These are the two measures that will guide us as we roll out further product enhancements aimed at capturing greater market share.”
Industry analysts at Bear Stearns, a New York-based finance and investment company, estimate that by 2004 more than 15 million people annually will place wagers online. The total amount wagered annually, according to Christiansen Capital Advisors, will top $6 billion by 2003.
“We have put a strong international sales and marketing team in place to support this release,” said Aymong. “World Gaming has a tremendous market opportunity, as our competitors continue to play catch up, and we intend to capitalize on that opportunity.”
Availability
World Gaming 3.2 is available July 27, 2001. Interested parties can contact sales for licensing the software, by visiting the World Gaming Web site at www.worldgaming.com. Existing licensees will be migrated to the new software on a request basis.
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
Investor Relations:
World Gaming plc
604-685-7619
[email protected]