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World Gaming in Dispute with NASDAQ29 August 2001LONDON – (Press Release) -- Aug. 28, 2001 -- World Gaming plc, a global pioneer in I-gaming technologies, announced that the OTC BB has changed World Gaming's trading symbol from WGMGY to WGMGE, indicating late filing of its financial results. It is World Gaming's position after advice from legal counsel, that as a foreign issuer, the company has a maximum six month period to file its financial results, giving the company until October 31, 2001 to file its April 30, 2001 year end results. World Gaming is currently in discussion with the NASDAQ to rectify this issue. "World Gaming has recently undergone a reorganization including re-domiciling in the United Kingdom and a change to the company's financial year," said Rodney Davis, CFO, who was appointed in July 2001. "It has been our intention to file our year end statements for the period ended April 30, 2001 prior to the end of September. Therefore, regardless of the result of our discussions with the NASDAQ, the company will be filing within the next 30 days and will maintain its OTC BB listing." About World Gaming plc World Gaming plc is a pioneer and leader in I-gaming software and e-commerce technologies. World Gaming is an international developer, licensor and provider of the industry's most comprehensive offering of online gaming products, including casino, sports book and pari-mutuel betting. |