PRESS RELEASE
Pre-Close Trading Update
9 February 2006
Gaming VC today announces the following positive trading update for the month of January 2006. Further to the successful re-launch of the Company’s marketing campaign in the second half of 2005, Gaming VC is pleased to report a further increase in the rate of new registrations on a monthly basis.
New registrations in the month of January were 5,206 compared to 4,270 in December, a 21.9% increase. 2,765 new depositing customers were recorded in the month compared to 2,012 in December, a 37.4% increase. Daily revenue in the month was €115.1k, up 7% on December.
Commenting on January’s performance, Steve Barlow, Chief Executive of Gaming VC, said:
“I am pleased to confirm that trading in January has exceeded our expectations and we have comfortably achieved our target of 2% revenue growth per month. We however note that this particularly strong growth in January was partly due to the implementation of our annual bonus programme on our Casino Club website in the run up to Christmas. I look forward to updating shareholders at Gaming VC’s preliminary results which will be announced in April 2006.”
For further information:
Gaming VC Holdings S.A. |
|
Steve Barlow, Chief Executive |
Tel: +44 (0) 20 7398 7700 |
Media enquiries: |
|
Abchurch |
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Chris Lane / Katherine Murphy |
Tel: +44 (0) 20 7398 7700 |
Note to Editors:
Gaming VC Holdings SA (AIM: GMHq.L) is a leading online casino games operator with an annualized handle in excess of EUR 1.5 billion. The majority of its existing customers come from German speaking countries. The company listed on the Alternative Investment Market in December 2004. Gaming VC Holdings also owns two magazines, Casino Club and Roulette. Through unique marketing approaches and its innovative informational magazines GVC is able to attract and retain some of the highest value casino players in the sector.