US Legislation reform bill

Compiled Friday 29th September 2006!!

If the congress approve the Internet Gambling Bill, which will have a great inpact on a $15 billion internet gambling industry. As a smart investor it is allways good to know which gaming companies have little or no interest in the US. Trawling through each companies annual reports give some indications as to what if any effect this will have on future earnings? Several companies have made company announcements to this effect, but this has had little effect on their share price. The following are announcements and extracts from company reports.

32Red Plc Interim results 25th August 2006
"32Red Plc the award winning online casino, poker and sportsbetting operator that derives 92% of its revenues outside the USA"

888 Holding Plc Interim results 14th September 2006
"Geographical expansion outside the US,  48% of NGR from non US territories and 67% of new real money sign ups from non US Territories"

Betcorp PLC Final Results 14th August 2006
"The board decided in July 2006 that the group should no longer accept telephone bets from customers based the the United States"

Betex Plc Interim results 26th September 2006
"Betex remains an Asian focused business with  no operations in the US"

Betinternet.com Plc Preliminary results 7th September 2006
"In light of the recent negative political focus on online gaming within the US, the company has decided  to take a more cautious view of the US market.  As such,  the Companies exposure in this region is very small, and represents an insignificant percentage of its current turnover".

BSKYB Plc
No statement found

Cheekymoon Entertainment Plc
No statement found

Cryptologic Plc Quarter 2 results August 3rd 2006
"More than 65% of licensees revenue continued to be generated from overseas markets. the UK and continental Europe together accounted for over 60% of total Q2 2006 revenue"

Datacash Plc
No statement found

Earthport Plc
No statement found

EmpireOnline Plc
No statement found

Excapsa plc

Fairground Gaming Plc Interim results 25th September 2006
"Your board reiterates that neither Fairground nor its acquired businesses have ever had any involvement with sportsbetting in the US or elsewhere and has sought legal counsel in several jurisdictions to better understand the nature of their laws and any actions the board should be taking"

Fireone Group Plc
"Our focus for the year is to continue adding value to our Firepay wallet by expanding our geographical reach beyond our current North American base of Firepay users. We aim to replicate our success in introducing the Firepay wallet to Canadian users in other geographies, with initial expansion to take place in targeted European Countries"

Fun Technologies Plc
No Statement found 

Gaming Corporation Plc
No Statement found

Gaming VC Plc Interim results 25th September 2006
"Competitors in the online gaming industry have been challenged this summer in both the US and in certain European markets. Gaming VC continues not to transact any wagering activity on behalf of players in the United States, and in Europe, the Group does not operate a sportsbook".
 
Global Gaming Technologies Plc
No statement found

IG Group Plc
No statement found

Interactive Gaming Holdings Plc Interim results 15th August 2006
"The group In accordance with US legislation , does not have any operations in the US nor accept bets from US citizens on any product" 

IQ Ludorum Plc Interims 25th September 2006
Unlike other payment processing success stories, our sources of revenue are not wholly dependant on the United States, and the United States Treasury's Automated Clearing House  System (ACH) used to direct debit US consumer bank accounts."

Ladbrokes Plc Interim results 24th August 2006
"In view of ongoing uncertainties within the US legislative environment, the decision on whether to take business from US customers on our gaming sites remains under review and we will update the market on our progress in due course. "

Leisure & Gaming Plc Interims 25th September 2006
"At Present approximately 30% of the group net win comes from US Sportsbook customers.  however, across all products, including Casino and poker approximately 80% of the group net win is from US.  The recent acquisition of   Betshop Group brings not only the added dimension of geographical diversity but also a capable team with significant experience in Europe who will lead our planned growth outside North America"

Neteller Plc Interim results 11th September 2006
"Although North America accounts for the majority of revenue, the rate of revenue growth is highest in Europe and Asia. During the first half of 2006, Europe accounted for approximately $14.5 million in revenue before interest or $22.5 million including interest. Asia accounted for $3.7 million in revenue during the first half of 2006. North America and a token amount from the other regions made up the remaining revenue. Revenue per active customer represented $113 in Q2 2006, compared with $109 in Q2 2005".

Paddy Power Plc
No Statement found

Partygaming Plc Interim results 7th September 2006
"Revenues up 51% to $661.9m (2005: $437.4m) with continued growth in poker and very strong growth in casino; non-US revenues up 151% to $149.8m (2005: $59.8m)Total real money sign-ups up by 19% to 519,532 with 46% of Q2 sign-ups coming from outside the US"

Playtech Plc Interims 24th August 2006
"The international online gaming market continues to grow strongly for Playtech.
Recent legal issues in the US have caused concern amongst investors in the
online gaming sector, however, as Playtech is not an operator, does not supply
Sportsbook software or have exposure to this section of the market, we believe
that the Group remains in an extremely strong position. It is the Board's firm
view, therefore, that the worldwide trading environment remains robust and that
the US legal issues have not altered the prospects for Playtech in any way".

Playwize Plc
No statement found

Rank Plc
No Statement Found

Sportech Plc
No statement found

Sportingbet Plc Third quarter results 17th July 2006
Geographical analysis of turnover for 3 months ending 30th April 2006, Americas 276.1 Million, Europe 149.7 Million, Australia 81.5 Million.

Sportswinbet Plc
No gaming operations to report on.

Talarius Plc Interim results 19th September 2006
"Cyberslotz only deals with UK customers"

UKBetting Plc Interim Results 12th September 2006
 "We will continue to follow a policy, as we have done from inception, of not taking bets from the US.”

Ubet2Win Plc
No statement found

William Hill Plc Announcement 27th September 2006
"Pending clarification of the scope and enforceability of the Wire Act and applicability of State and Federal laws to online gambling by US citizens, William Hill has today taken steps to cease accepting casino and poker business from clients with a US address or US issued credit card. Such steps are already in place to prevent internet sports betting by US domiciled individuals.

World Gaming Plc