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Betinternet.com Plc's response to the Unlawful Internet Gambling Enforcement Act6 October 2006The Board of betinternet.com plc ("betinternet.com"), the global on-line gaming group, confirms that, following the passing of the Unlawful Internet Gambling Enforcement Bill in the United States last week, its exposure in the United States market is negligible with less than 0.2% of its active sportsbook customers last week being from this region. In light of the passing of this Bill, betinternet.com has decided to suspend the small number of active United States accounts and will continue to block the opening of any new accounts from the US. The regional focus of betinternet.com remains in the Far East, where approximately 60% of its current active clients are located. The board will continue to monitor developments and endeavour to establish how the Bill allows for financial transfers to be made to legal gaming activity, such as its pari-mutuel operation, European Wagering Services. |