KPI Update

Gaming VC Holdings S.A.
22 April 2008


Press Release                                                     22 April 2008



                            Gaming VC Holdings S.A.
                          ('Gaming VC' or 'the Group')



                                   Q1 update

Gaming VC, a leading European online gaming company,, is pleased to give the
following update on Key Performance Indicators  for the first quarter of 2008.

During the first three months of the 2008 financial year trading has been
slightly ahead of expectations, due to both resilience in the German casino
business and better than expected sportsbook performance.  The total revenues
are 12% ahead of the same period in the previous year and 6% more funded
accounts have been recruited.  Compared to the fourth quarter of 2007 revenue is
23% higher and there have been 3% more funded accounts recruited.


Daily Revenue
                            Q1 2008       Q4 2007  % change versus Q4        Q1 2007 % change versus Q1
                                                                 2007                              2007

Casino                        €111k          €97k                 14%           €120               (8)%
Poker                          €15k          €12k                 27%             €9                69%
Sportsbook                     €19k           €9k                107%              -                  -
Total                         €145k         €118k                 23%          €129k                12%

New Funded Customers            116           113                  3%            109                 6%



Commenting on the Q1 KPIs, Kenneth Alexander, Chief Executive Officer, of Gaming
VC, said:  'The results of the first quarter demonstrate significant growth from
the last quarter of 2007. I am particularly pleased with the performance of our
sportsbook, which was launched in September 2007 and has exceeded the Company's
expectations.  I am confident that this growth will continue as we diversify our
services and expand our reach into new international territories.'



                                    - Ends -


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


Arbuthnot Securities Limited                          Tel: [phone]
James Steel / Paul Vanstone, Corporate Finance    www.arbuthnotsecurities.co.uk



Media enquiries:
Abchurch
Stephanie Cuthbert / Nick Probert                     Tel: [phone]
[e-mail]                    www.abchurch-group.com




Notes to editors

Gaming VC is a leading European online gaming company.  The Group is
headquartered in Luxemburg and is licensed in Malta, Italy and the Netherlands
Antilles.

Gaming VC's management team has a wealth of experience in the gaming industry
and has a significant track record in successfully identifying and penetrating
new markets.  The Group is focussed on delivering an innovative product offering
and is dedicated to providing sophisticated Customer Relationship Management
(CRM) to ensure high levels of customer satisfaction.

Gaming VC uses Internet marketing and affiliate networks for customer
acquisition and customer retention purposes.

In December 2004, Gaming VC's shares were admitted to the AIM market of the
London Stock Exchange.  Gaming VC has no and has never had any operations in the
US and has never transacted wagering activity by players in the US.

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