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World Gaming PLC (WGP)

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Friday 13 October, 2006

World Gaming PLC

Administrators Appointed

World Gaming PLC
13 October 2006



 World Gaming plc
(AIM) 'The Company'


Appointment of administrator and director resignations

Following the announcement released by the Company on Monday 9 October relating
to the suspension of trading, the Directors of World Gaming announce that they
have now determined that they are unable to continue the Company's US facing
operations should the Unlawful Internet Gambling Enforcement Act ('the Act') be
signed by the U.S. President. This decision follows discussions with all key
parties and after receiving appropriate legal advice. These operations
contributed the overwhelming majority of the Company's revenues for the year to
date 2006.

The Board has consequently notified its secured creditor of the discontinuation
of its U.S. facing operations conditional upon signing of the Act. The secured
creditor has subsequently concluded that it is reasonably likely that
administration will achieve a better result for the Company's creditors than
would be likely if the Company were to be wound up. Accordingly, Andrew
Andronikou and Peter Kubik from UHY Hacker Young have been appointed joint
administrators by the Company's secured creditor in respect of the Company and
certain subsidiaries.

The Board further announces that at a board meeting of the Company held this
morning in London, United Kingdom, Friday 13 October, Daniel Moran, David
Naismith, Jonathan Moss and Michael Cumming each resigned from the board of the
Company as Chief Executive Officer, Chief Financial Officer, Sales and Marketing
Director and non-executive director, respectively.

The Board expects that the administrator will make further announcements in due
course.

                                                                 13 October 2006

Enquiries:
 UHY Hacker Young                                   Tel: +44 20 7216 4600
 Andrew Andronikou
 Peter Kubik

 Daniel Stewart & Co plc                            Tel: 020 7776 6550
 Ruari McGirr

 College Hill                                       Tel: 020 7457 2020
 Matthew Smallwood
 Jamie Ramsay




                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                

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