Nambling Notes - Aug. 26, 2003

26 August 2003

Good Neighbors -- Next Monday representatives from racing organizations in Australia, Hong Kong, India, Japan, Singapore, South Korea and New Zealand will meet in Hong Kong to sign a multilateral "Good Neighbor Policy" to monitor cross-border wagering between the nations. A race for the inaugural "Good Neighbor Policy Trophy" will be held Sunday to commemorate the event.

Dealing -- Digital television solutions provider and news company NDS Group plc. announced today that it has acquired several assets from French interactive television technology company Interactif Delta Production S.A. For EU200,000, NDS has obtained all of IDP's intellectual property and certain tangible assets and customer contracts. NDS will retain a research and development center in Paris that will provide ongoing services to IDP's existing services.

Sentenced -- David Hampton Tedder was sentenced in a Wisconsin court on Friday to serve five years in prison after having been convicted in June for laundering around $10.7 million for Internet gambling company Gold Medal Sports. Tedder is the seventh man to be convicted in association with Gold Medal Sports, which has its base in Curacao.