Trading Statement

betinternet.com PLC
06 December 2006


betinternet.com Plc ('the Company' or 'the Group')


Trading Update


The Board of betinternet.com plc ('betinternet.com'), the global on-line
gaming group, is pleased to provide a trading update in relation to the
Company's unaudited results for the first six months of its financial year ended
26 November 2006.

As anticipated, the Company has achieved profitability at an EBITDA level in
this period - an important advance for the business and a significant
improvement on the same period last year. This has been accomplished during a
volatile period for gaming companies due to the legislative changes introduced
by the US Government for online gaming and the increasingly negative focus on
the sector in certain European countries.

European Wagering Services (EWS), the Company's pari-mutuel operation, has
performed particularly well, with a sustained increase in turnover through our
Isle of Man-based hub. The Board is still awaiting final legal advice regarding
its acceptance of certain types of pari-mutuel wagers from the United States,
but the initial advice received is that EWS' operations are not affected by the
passing of the Unlawful Internet Gambling Enforcement Bill.

In addition, the Company is intending to appoint a new Chief Operating Officer
for EWS with effect from February 2007. Further details regarding this
appointment will be released in due course.

The Sportsbook has seen the benefit of the enhanced offering that was introduced
in June, with strong additional revenue streams coming from the casino and games
channels. The focus for this business remains in the Far East, where
approximately two-thirds of our turnover originates. The betinternet.com website
is constantly being developed and we are now able to provide a white-label
version of the website to other potential operators, the first of which we
expect to launch in the New Year.

Managing Director, Garry Knowles said 'It is very pleasing that we have
reached profitability at EBITDA level for the first six months of this financial
year. This is a considerable turnaround from the same period last year and as a
result the Company is now in a much stronger position to take advantage of the
opportunities that are available in both EWS and the Sportsbook.'


For further information:

 Betinternet.com Plc
 Garry Knowles, Managing Director                 Telephone:  [phone]

 Evolution Securities Plc
 Joanne Lake                                      Telephone:  [phone]

 Britton Financial PR
 Tim Blackstone                                   Telephone:  [phone]


END








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