World Gaming PLC
03 October 2006
WORLD GAMING PLC
(AIM)
('World Gaming' or 'the Company')
Statement regarding debt facilities
The Board of World Gaming announce, having reviewed the Company's debt
facilities agreement, that the Directors believe it may be in technical default
of its loan conditions due to a material adverse change in the circumstances of
the business, arising from proposed changes in legislation in the United States.
The Company continues to operate at the current time and is in discussion with
its lenders.
03 October 2006
Enquiries:
World Gaming plc Tel. +1 888 883 0833
Daniel Moran, Chief Executive
Daniel Stewart Securities Tel. 020 7776 6550
Ruari McGirr
College Hill Tel. 020 7457 2020
Jamie Ramsay
The Ordinary Shares have not been and will not be registered under the U.S.
Securities Act of 1933 (the 'Securities Act') and may not be offered or sold in
the United States or to a U.S. person (as such term is defined in Regulations S
under the Securities Act) absent registration or an applicable exemption from
registration under the Securities Act.
Notes to Editors
World Gaming plc is a UK based holding company whose subsidiaries participate in
Internet gaming software licensing and operations. The World Gaming Group is an
international developer, licensor, and provider of online gaming products,
including casino, sportsbook, and pari-mutuel betting.
World Gaming's Ordinary Shares are traded on the London Stock Exchange,
Alternative Investment Market ('AIM') under the symbol WGP and the Over The
Counter Bulletin Board market in the U.S. under symbol WGMGY.
Further information on the Company can be found at:
www.worldgaming.com
This information is provided by RNS
The company news service from the London Stock Exchange