Nambling Notes - Jan. 19, 2007

19 January 2007

Done Deal -- London-listed PartyGaming today announced it has completed its acquisition of the business and assets of Empire Online and Intercontinental Gaming Online. PartyGaming said it has issued 115,193,842 new ordinary shares of 0.0015 pence each in consideration for both acquisitions.

Asia Bound -- I-gaming provider CryptoLogic today announced it has signed a memorandum of understanding with Bejing-based provider Brilliance Technology (BT) and 568 Network (568), a Canadian company with a Shanghai-based R&D subsidiary, to adapt Crypto's product portfolio to the Chinese market. "This is the first major step in executing one of our cornerstone strategies: to expand in Asia--a key growth market for CryptoLogic," said Crypto CEO Lewis Rose.

Sold! -- U.K.-based interactive gaming operator NetPlay TV today announced its acquisition of Chariot's "monday" lottery and 280,000 player database for a £140,500 ($277,582) cash sum.

Appointed -- Europe-focused games network operator St Minver on Thursday announced the appointment of former Excapsa Software president Jim Ryan as its new CEO.

Upgrade -- In an effort to attract new e-business to the Channel Island of Alderney, the Alderney Gambling Control Commission today announced that Itex's new technology management center, scheduled to open in the second quarter of this year, will be supported by Internet protocol (IP) network solutions from Wave Telecom. "This development . . . substantially builds on an already top quality infrastructure," said Robin Le Prevost, head of e-commerce development for Alderney.

Launched -- Wintingo.com, a new, fixed-odds prize draw Web site, launched on Thursday. The site promises prizes "money can't buy," including expense-paid trips to Hollywood and Las Vegas.