Playersonly.com Casino

[Limewire87]

I am a member there and using their Casino and sportsbook. This is my first online casino I have ever used. Is this a good or bad place to wager? Should I find a new place, or stay there? Just looking for advise, thanks.

[jetset]

As far as I know they are still using World Gaming software as a subsidiary of Sportingbet.com, but I haven't checked recently. They should be OK on the funding side. Players Only have just opened a poker room, too but we could not get any response to our questions regarding what software they were using (WG is due to release new poker software soon, if they have not already done so)

[Hunter]

The poker software is from bossmedia.com

I heard worldgaming/bossmedia/sportingbet sign an contract about poker


http://www.playersonly.com/poker/faq.html#9

We would like you to know that we cannot alter the outcome of the gaming as the software is hard-coded. Also, we will kindly point out that our software is provided by Boss Media AB, one of the leading software suppliers to the online gaming industry since 1997.

As a publicly held company listed on the Stockholm Exchange, Boss Media must adhere to all regulations of the exchange and be held accountable to shareholders. Additionally, TST of Australia, one of the top independent test firms in the gaming industry, has tested the platform that the The Playersonly.com Poker Room was built on.

Lastly, Boss Media clients hold gaming licenses in Curacao, Kahnawake, Antigua, Isle of Man and Gibraltar. This would further indicate that the software platform and random number generator is truly random and secure, as it had to pass five (5) governments' gaming boards. The Isle of Man is well known to be the strictest board in the industry.

[GrandMaster]

Lastly, Boss Media clients hold gaming licenses in Curacao, Kahnawake, Antigua, Isle of Man and Gibraltar. This would further indicate that the software platform and random number generator is truly random and secure, as it had to pass five (5) governments' gaming boards. The Isle of Man is well known to be the strictest board in the industry.

Oh yes, the Mohawks of Kahnawake. Fierce warriors and random number testers. Their battle cry "We'll test your random numbers" strikes terror into hearts of their enemies.

[jetset]

Thanks, Hunter - that is useful information. I'm still wondering why they did not respond and clear this point up. Presumably this applies to sportingbetusa.com/poker too?

[Hunter]

Every sportingbet us site goes online with boosmedia poker in the next weeks.

I heard all sites are ready before the football season in sept.

[jpm]

Oh yes, the Mohawks of Kahnawake. Fierce warriors and random number testers. Their battle cry "We'll test your random numbers" strikes terror into hearts of their enemies.

LMAO!

[jetset]

Every sportingbet us site goes online with boosmedia poker in the next weeks.

I heard all sites are ready before the football season in sept.

That's interesting...and it kinda fits a comment in the latest WG quarterly financial reportage to the effect that despite it's close relationship to Sportingbet there was no guarantee that the parent group would continue using its products past the current licensing period. Clearly poker software was excluded from the current licensing if sportingbet have gone elsewhere (Boss Media) for their poker stuff.

Thanks again Hunter.

[Hunter]

jetset: lock at the horseracing product! that´s from worldgaming .

for example www.playersonly.com/horses

most sites have horseracing now and the rest get it in the next 2 months.

imo a new contract with sportingbet for next years is on the way.

better fees for sportingbet and a longer contract for worldgaming imo

tomorrow earnings --> worldgaming

[Hunter]

PR NEWSWIRE) World Gaming plc reports second quarter results
World Gaming plc reports second quarter results

LONDON, UK, Aug. 5 /PRNewswire-FirstCall/ - World Gaming plc
(OTC BB: WGMGY), a UK-based Internet-gaming software and e-business services
group of companies (the " Company" ), is pleased to report financial results for
the three and six months ended June 30, 2004.

Highlights

- Net profit for the quarter of $1,684,000 vs. loss of $236,000 for the
same period last year.
- System-wide wagering volume up 85% from the same quarter last year.
- Revenues in the quarter up 39% from the same period last year.
- Operating expenses in the quarter down 22% from the same period last
year.
- Multi-player poker released to major licensee in May 2004 with further
roll-out in third quarter.
- Settlement of outstanding office lease liability.

Fiscal results

Total revenues for the quarter ended June 30, 2004 were $4,148,000
compared to $2,986,000 for the same period last year. For the six months ended
June 30, 2004 total revenues were $9,512,000 compared to $7,523,000 for the
same period last year. This 39% increase in revenues in the quarter was driven
primarily by increased licensee wagering volumes of 85% and higher net win
achieved by our licensees when compared to the same period last year.
Net profit for the quarter ended June 30, 2004 was $1,684,000 or $0.04
earnings per share compared to a net loss of $236,000 or a loss of $0.01 per
share for the corresponding period last year. In February 2004, the Company closed the transaction processing division
together with Customer Support. Affected licensees were successfully
transferred to an industry leading solution. There are no revenues or direct
costs from these divisions in the quarter to June 30, 2004.
The gross margin for the quarter was 92.9% as compared to 88.0% for the
same period last year. The increase represents a more profitable revenue mix
due to the closure of the transaction processing division in February 2004.
Operating expenses decreased 22% to $2,283,000 during the first quarter
of 2004 compared to $2,911,000 for the same period last year. The primary
contributors to this reduction were:

- Elimination of advertising and promotion expenses that were utilized
in launching the worldgaming.com gaming site during the second quarter
of 2003;
- A 32% reduction in other corporate overheads or a reduction of
$113,000, when compared to the same period last year.

The Company has stabilized the cost base over the past twelve months
while maintaining its commitment to continue investing in enhanced
infrastructure and product offerings for its existing licensees.
In July 2004, the Company settled an outstanding lease liability in
respect of an office lease contracted in October of 2001. The outstanding
liability in respect of this lease was in excess of CAD $600,000. The
settlement in the amount of CAD $175,000 inclusive of fees was paid in
July 2004.

Selected statement of operations information (unaudited, in thousands)

For the three months ended
June 30,
2004 2003
----------------------------

Net Sales $ 4,148 $ 2,986
Gross Profit 3,967 2,654
Operating Expenses (incl.
interest and depreciation) 2,283 2,890
Net Profit/(Loss) 1,684 (236)


Operational update

During the second quarter, the Company launched its multi-player poker
product supplied by a third party and integrated onto the World Gaming
platform. The product has been launched to its major licensee with roll-out to
other licensees expected in the third quarter of 2004.
The enhanced horse-racing product launched in April of 2004, continues to
yield growth in volumes. The Company continues to monitor this product for
further opportunities. Further development of this product is continuing that
will provide licensees with greater options to maximise their net-win.
Towards the end of the second quarter of 2004 the Company began investing
in a major upgrade to its hosting facilities in Antigua. The upgrade will
involve moving to an Oracle 10g database platform in addition to replacement
and expansion of disk storage sub-systems. This platform together with other
new hardware infrastructure will produce a more robust operating system with
greater scalability.
The Company previously disclosed that during the first quarter of 2004,
the Company agreed in principle with Sportingbet Plc to a two-year extension
of its existing software license agreement. During the year ending December
31, 2003 Sportingbet represented approximately 80% of the Company's royalty
revenues. In addition, the licensee is a substantial shareholder of the
Company owning approximately 29.6 percent of the Company's outstanding equity
capital with the ability to acquire an additional 14 percent interest upon
conversion of certain convertible debt of the Company. As previously
disclosed, the licensee has indicated that it wishes to explore alternative
structures to its existing relationship with the Company. The Company has been
working with Sportingbet to resolve this issue and, although no assurances can
be given, the Company believes that it will be in a position to update
shareholders in respect of the restructured relationship with Sportingbet on
Monday August 9, 2004.