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Net Entertainment sells more Internet gaming

Net Entertainment sells more Internet gaming [PDF]

2006-09-25
STOCKHOLM SWEDEN

Net Entertainment, a market leading vendor of Internet based casino software, has closed several new contracts for delivery of its award-winning product CasinoModuleTM. The new operators that will use CasinoModuleTM are Bets4All, Bettingstar24, Nova Lusus, and Playbanks.

CasinoModuleTM enables operators to expand their product offering to include casino-related gaming. Each system is customized in order to create a unique gaming experience to the end user. CasinoModuleTM is quickly and easily integrated with the operator's existing website and IT systems ensuring a cost-efficient operation. Net Entertainment licenses CasinoModuleTM on a revenue share basis.

Bets4All is a European sports betting site with primary focus on the German-speaking market. Bets4All has over 50,000 registered users that will gain access to casino games through CasinoModuleTM.

Bettingstar24 is a Malta-based sports betting site with just over 25,000 registered users. The site addresses primarily the German and Austrian markets. Bettingstar24 is growing rapidly and expanding their product offering with casino games it will facilitate continued growth.

Nova Lusus is a high-growth member site that currently offers lotteries. These lotteries will now be complemented by casino gaming. The site has 4,000 members and focuses mainly on the Scandinavian market.

Playbanks is a recently established sports betting site aimed at the Northern European market. In a relatively short period of time, Playbanks has built a customer base of 10,000 registered users.

All installations mentioned above will be launched during the autumn 2006.

"Our continued sales successes demonstrate our competitive strength and that we have a market-leading product line," says Pontus Lindwall, CEO of Net Entertainment. "Intense product development and a strong organization are two core factors behind this. The fact that we grow faster than the market in general is, of course, very satisfying and we experience a continuous strong demand for our products."

For additional information, please contact:

Pontus Lindwall, CEO and Group president, phone +46-8-556 967 10, +46-708-27 51 55,

pontus@netent.com

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