IGH Interactive Gam

RNS Number:7127X
Interactive Gaming Holdings PLC
04 June 2007


Press Release                                                       4 June 2007


                        Interactive Gaming Holdings Plc
                             ("IGH" or "the Group")


                        Transfer of operations to Malta
                                      and
                               Directorate Change


Interactive Gaming Holdings Plc (AiM: IGH), the online sports betting and gaming
operator, today announces that based on the recent clarification to the 2005
Gambling Act, the Board has taken the decision to relocate its operations to
Malta, a location with a more defined regulatory environment.  The Company
already has an operational base in Malta and the combination of the Maltese and
UK operations is expected to lead to significant cost reductions.  This move is
not expected to incur any significant exceptional costs.


After the Board's decision to relocate operations to Malta, John Heaton tendered
his resignation as Chief Executive on 25 May 2007.  Thomas Taule, Executive
Chairman, will resume the management of the day to day operations of IGH.


Thomas Taule, Executive Chairman, commented:  "The operational relocation of
licensable activities to Malta will ensure IGH's compliance with regulatory
requirements as well as enhance long-term cost savings to the Group.  I would
like to thank John for his contribution to the business to date and wish him
well in the future."

                                     -Ends-


For further information:

Interactive Gaming Holdings Plc

Tom Taule, Executive Chairman              Tel: +44 (0) 20 7745 6276
Tom@igh.com                                www.igh.com


Media enquiries for Interactive Gaming Holdings Plc:

Abchurch

Chris Lane / Franziska Bohnke              Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com       www.abchurch-group.com


About IGH

Interactive Gaming Holdings plc is a leading online sports betting and casino
operator listed on the AIM market of the London Stock Exchange. IGH provides its
customers with a complete gaming experience offering seamless integration
between traditional sports betting and its casino products.


The Group's strategy is to enhance organic growth by focusing on selective
value-enhancing acquisitions within the online sports betting and gaming
sectors.  In addition to IGH's existing customer base, the Company is actively
pursuing, under revenue share agreements, white-label opportunities with
significant brand names.


To date, IGH has made two acquisitions, namely Heathorns, the world's oldest
established bookmakers in March 2005, and Premier Bet, a fixed odds bookmaker
based in London, in August 2005. The Company, in accordance with US legislation,
does not have any operations in the US.


Further information on Interactive Gaming Holdings can be found at www.igh.com


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

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