15th Nov 2006 07:01
Gaming VC Holdings S.A.15 November 2006 Press release 15 November 2006 Gaming VC Holdings S.A. ("Gaming VC" or "the Company") Trading Update Gaming VC Holdings S.A. (AIM: GVC.L), a leading European online casino provider,today announces the following positive trading update. New registrations in the month of October 2006 were 8,557 compared to 4,388 inSeptember 2006, a 94% increase. 3,372 new depositing customers were recorded inthe month compared to 2,327 in September, a 45% increase. Daily revenue in themonth was €108,239, up 2.6% on September. Casino - Key Performance Indicators October 2006 September 2006 % change versus October 2005 % change versus Sept 06 Oct 05Daily revenue €101,132 €99,778 1.36% €100,785 0.3%New registrations 147 93 58.1% 106 38.7%per dayNew players per 52 42 23.8% 46 13.0%day Poker- Key Performance Indicators October 2006 September 2006 % change versus October 2005 % change versus Sept 06 Oct 05Daily revenue €7,107 €5,740 23.8% €2,052 246.3%New registrations 128 54 137.0% 71 80.3% per dayNew players per 56 35 57.1% 12 366.7%day Commenting on the recent performance, Adrian Smith, non-executive Chairman ofGaming VC, said: "Since the third quarter Gaming VC has experienced good growthand we are pleased to report that we have made considerable progress inimplementing the necessary changes to tackle the challenges of that quarter." "We have successfully restored our marketing channels back to previous levelsand also experienced the expected seasonal uplift from Casino Club's newregistrations and loyal customers. Gaming VC has also made strong gains inpoker and we remain confident in the quality of our offering." - 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 ExchangeRelated Shares:
GVC.L