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Tuesday 20th April 2004

European Game & Entertainment Technology Ltd Ab

European Game & Entertainment Technology Ltd Ab (EGET), a Finnish supplier of Internet gaming solutions, has successfully delivered an Internet sports betting solution to the subsidiary of the Estonian Olympic Committee called Spordiennustus. The delivery has been done in a close cooperation with Ålands Penningautomatförening (PAF).

The launch of the Spordiennustus betting site for all Estonian sports fans takes place on 20.4.2004. As the new system is the first Internet betting solution in Estonia, it has created lot of expectations. The game site is initially launched with the classical 1x2 betting on sports events as football, ice hockey and basketball. Later on, up to 14 additional new betting types - such as betting on correct score or on half time results - shall be added to the system.

” We consider the sports betting project with EGET as a success. Spordiennustus is now glad to provide all Estonian sports fans with a new and attractive sports-betting system, which allows making bets not only on the world and European main sporting events, but also on the results of the Estonian sport competitions. It is also good to know that the main profits will be dedicated for supporting the Estonian Olympic and sports movement”, says Sven Kolga Chairman of the Spordiennustus Board.

EGET has gained considerable experience on sports betting systems ever since it was founded in 1999. In the betting solution delivered to Spordiennustus EGET has put its main emphasis on creating a truly user-friendly sports betting system. In practice, this is visible for players as an extremely easy site navigation structure as well as highly simplified bet selection procedures. In addition, players can set their own personal gaming preferences.

“In addition to user friendliness, we at EGET focused our efforts for providing players fully secure online banking. I can assure you that all deposits and withdrawals in the system can be made safely.” says Mr Martin Prantner, VP Product Development of EGET, who has personally been involved in the development of the system.

EGET’s sports betting system is designed to be highly flexible and therefore it is ready to meet the future needs of interactive betting - it can be set to serve wagering on any event ranging from song contests to stock market changes as well as on any aspect or stage of the chosen event.

For more information, please contact:

Ms. Riikka Seppänen (EGET)

Product Marketing Manager +358 9 413 00 136 or riikka.seppanen@eget.fi

Mr. Sven Kolga (Spordiennustus)

Chairman of the Board +372 603 1512 or sven@spordiennustus.ee

About EGET

European Game & Entertainment Technology Ltd Ab (EGET) was founded in 1999. EGET specializes in providing digital solutions for licensed gaming operators in fully regulated jurisdictions. EGET is a driving force in the evolution of gaming systems as well as related technology and services. EGET promotes open, interactive, player-centric platforms for casino, lottery, event betting and horse-racing industries.

EGET represents a unique combination of gaming industry know-how and expertise in Internet, wireless communication and e-commerce technology, which positions EGET perfectly in the emerging market of interactive online gaming and allows it to respond to the needs of gaming operators and industry regulatory bodies worldwide.

For more information about EGET, please visit www.eget.fi

About Spordiennustus

Spordiennustus A/S has a license to operate fixed odds sports betting in Estonia. The company is a joint venture of the Estonian Olympic Committee and PAFER A/S. Ålands Penningautomatförening (PAF) owns a minority part in the new Estonian gaming company. Spordiennustus - sports betting in Estonian - has entered into a long-term co-operation PAF and EGET regarding development and operation of sports betting games for the Estonian market.

For more information about Spordiennustus, please visit www.spordiennustus.ee



Source: OnlineCasinoNews


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