Chartwell Online Casino Singapore Partners with Isle of Capri Casinos

Chartwell Technology – Chartwell Technology Inc. is very pleased to announce that it has been selected as the online games supplier of Isle of Capri Casinos, Inc. Isle of Capri Casinos, Inc. owns and operates 14 riverboat, dockside and land-based casinos at 13 locations and is the 7th largest publicly traded gaming company in the United States.

Chartwell has been selected to develop the Isle of Capri “Play for Fun” virtual casino as part of their corporate web presence and overall Internet strategy.

The Isle of Capri customer loyalty program is built around its iGold program. Chartwell’s suite of games will be available to all current and new iGold members, offering loyalty points for monthly prizes redeemable at any of their many properties. In addition, the online casino will provide a forum for regular updates on property news and coming attractions, bringing the unique Isle of Capri Caribbean brand to the Internet.

“Our development agreement with Isle of Capri allows us to further demonstrate the promotional value of our software and our web development capabilities with a very unique gaming company,” states Darold H. Parken, President and CEO of Chartwell.

“Licensing our technology to a leading land based operator such as Isle of Capri Casinos, Inc. is another significant achievement for our Company and provides a further endorsement of our software. We are delighted to partner with this industry leader and look forward to a long and profitable relationship.”

Isle of Capri have recently enjoyed rapid growth and success among the Land based operators in the United States, this attributable to aggressive target marketing of the Isle of Capri brand and Caribbean theme. They are committed to building a complete entertainment experience for existing and potential customers through excitement, quality, service, value and fun. Chartwell is committed to delivering these same characteristics in the Isle of Capri “Play for Fun” Online Casino.

John M. Gallaway, President and Chief Operating Officer of the Online Casino Singapore Isle of Capri Casinos, Inc. said, “The Isle places a high value on the use of cutting-edge technology in our industry, and Chartwell was able to develop a web program that matched our expectations. They have extensive knowledge in developing diverse and player-friendly programs, which is exactly what we want our customers to experience when visiting our iGold site.”

Starnet Pleads Guilty to Criminal Charges

World Gaming – Starnet Communications International, a subsidiary of World Gaming plc, has reached a settlement with Canadian authorities whereby the subsidiary plead guilty to a single charge, a violation of Section 202 (1) b of the Canadian criminal code, bringing the three-year old RCMP investigation into the historical operations of the company, for the period ending in August 1999, to a close.

“This conclusion allows us to shed the past and move forward toward the kind of exceptional growth and success this company is capable of achieving,” said Michael Aymong, CEO of World Gaming. “This is a watershed event for the company — a major milestone — and putting an end to this matter is very positive for our shareholders.

“World Gaming is operating under an entirely new management team, business direction and operational structure. As we go forward, we do so with a strong commitment to compliance and a constructive relationship with governments here in Canada.”

The action included a fine of C$100,000 and a C$15,000 victim surcharge. As well, the company has consented to a forfeiture of US$3,925,000. Authorities have approximately US$7.6 million of the company’s funds currently under restraint. As a result of Friday’s decision, approximately US$3.6 million will be returned to the company.



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