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Acquisition

29 Sep 2006 07:06

ukbetting PLC29 September 2006 29 September 2006 ukbetting plc Acquisition of The Ritz Club London Online ukbetting plc, (UKB.L) the online sports content and gaming company, has todayacquired The Ritz Club London Online for an undisclosed sum. Under newownership, the online operation will have no connection with the land basedcasino, The Ritz Club, operating from The Ritz Hotel, London. The online gaming site is fully operational for customers with immediate effect. As part of ukbetting, The Ritz Club London Online will continue with anatmosphere of discreet luxury and elegance, and will deliver to its members oneof the safest online gaming environments in the world. Roger Marris, Managing Director of The Ritz Club London Online, commented, "I am delighted that we can offer our customers the same level of standards andcommitment that they have come to value and respect. Moving forward with thesame management team, I am pleased that our customers will continue to enjoy thesame principles of quality customer service in a luxurious and stylishenvironment." Peter Dubens, Chairman of ukbetting plc said, "We welcome all the Ritz online casino customers who will continue to receivethe same excellent service that they have done historically. Ukbetting plccontinues to follow its policy of not taking online gambling from the USA, asdoes The Ritz Club London Online." -ends- For more information, contact: ukbetting plc 020 7766 6909 Peter Dubens, Chairman Financial Dynamics 020 7831 3113 Edward Bridges / Juliet Clarke This information is provided by RNS The company news service from the London Stock Exchange
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