Re German legislation

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 the
German Bundeslanders to postpone the signing of the new state treaty on
gambling.  In its current form the new state treaty would retain the monopoly in
the German lottery market and to a large extent ban remote gambling.  The
decision to postpone the vote follows considerable discussion at both
Bundeslander and federal level.



A further announcement regarding the treaty will be made as soon as additional
information is available.



The Board of Gaming VC notes the recent share price movement and press
speculation that it is in discussions with certain parties which may or may not
lead to a formal offer being made for the Company.  The Board wishes to confirm
that, from time to time, it has discussions regarding the strategic options of
the Company.  Such discussions have currently not progressed beyond a
preliminary stage and there can be no certainty that any such discussions will
lead to an offer being made for the Company.




                                    - Ends -

For further information:
Gaming VC Holdings S.A.
Adrian Smith, Non-Executive Chairman                  Tel: [phone]
[e-mail]                                         www.gamingvc.com



Media enquiries:
Abchurch
Chris Lane / Franziska Boehnke                        Tel: [phone]
[e-mail]                            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 has
never transacted any wagering activity on behalf of players in the United
States.


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                  FAE