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Gaming VC announces positive trading update

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The online casino operator, leader in German speaking markets, said registrations in the month of October 2006 were 8,557, a 94% increase compared to September 2006. 3,372 new depositing customers were recorded in the month, a 45% increase over September, while daily revenue in October was €108,239, up 2.6% on September.

Adrian Smith, non-executive Chairman of Gaming VC, commented: “Since the third quarter Gaming VC has experienced good growth and we are pleased to report that we have made considerable progress in implementing the necessary changes to tackle the challenges of that quarter.”

“We have successfully restored our marketing channels back to previous levels and also experienced the expected seasonal uplift from Casino Club\’s new registrations and loyal customers. Gaming VC has also made strong gains in poker and we remain confident in the quality of our offering.”