Nambling Notes - March 28, 2007

28 March 2007

Reporting -- Intralot SA has released its full year results, which show a 51.3 percent increase in revenues to $1.05 billion, from $697.1 million in 2005. The company also reported a 56.2 percent increase in pre-tax earnings, $313.3 million, compared to $200.5 million in 2005. Excluding stock option costs, earnings before interest, tax, deduction and amortization (EBITDA) increased 59.2 percent to $339.5 million, up $126.3 million against last year's figure. Intralot CEO Constantinos Antonopoulos said the company had achieved strong growth rates in 2006, as well as a significant number of licenses in the now-liberalized Italian fixed-odds betting market.

Licensed -- International Game Technology subsidiary WagerWorks was, on March 7, granted a full e-gambling license from the Alderney Gambling Control Commission (AGCC), the company said in prepared statement.

Inked -- Asia Pulse reported on Monday that Centrebet International, having signed a 10-year agremment with Deutsche Traberliga International (German Trotting Association), will introduce its V75 betting product to the German market. The deal gives Centrebet access to three of Germany's trotting racetracks, with the possibility of adding eight others.

Launched -- Microgaming has partnered with Eidos to release its Hitman video slot game.

New Payment Option for US Players -- PokerNews.com reports that the virtual debit card, EcoCard, has become a new, popular payment solution for U.S.-based I-gamers. The news site says that Jackpot Factory--among other online casinos--are accepting EcoCard.

Stock Watch -- An off day for I-gaming stocks on the LSE, PartyGaming is down 1.25p to 48.75, Sportingbet is down 1.75p to 64.50, Rank is down 3.25p to 205.75 and 888 is down 4.25p to 119.75.