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Re German legislation

14th Dec 2006 07:02

Gaming VC Holdings S.A.14 December 2006 Press Release 14 December 2006 Gaming VC Holdings S.A. ("Gaming VC" or "the Company") Statement re New Lottery State Treaty The Board of Gaming VC notes the recent decision by 15 of the 16 Premiers of theGerman Bundeslanders to postpone the signing of the new state treaty ongambling. In its current form the new state treaty would retain the monopoly inthe German lottery market and to a large extent ban remote gambling. Thedecision to postpone the vote follows considerable discussion at bothBundeslander and federal level. A further announcement regarding the treaty will be made as soon as additionalinformation is available. The Board of Gaming VC notes the recent share price movement and pressspeculation that it is in discussions with certain parties which may or may notlead to a formal offer being made for the Company. The Board wishes to confirmthat, from time to time, it has discussions regarding the strategic options ofthe Company. Such discussions have currently not progressed beyond apreliminary stage and there can be no certainty that any such discussions willlead to an offer being made for the Company. - Ends - For further information:Gaming VC Holdings S.A.Adrian Smith, Non-Executive Chairman Tel: +44 (0) 20 7398 [email protected] www.gamingvc.com Media enquiries:AbchurchChris Lane / Franziska Boehnke Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com Notes to editors Gaming VC is a leading operator in German speaking markets, specializing in on-line casino, poker and skill games. Gaming VC has no and has never had any operations in the US and therefore hasnever transacted any wagering activity on behalf of players in the UnitedStates. Further information on the Company is available at www.gamingvc.com. This information is provided by RNS The company news service from the London Stock Exchange

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GVC.L
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