30 Jul 2010 08:43
THE WEATHER LOTTERY PLC
(TWL or "the Company")
IMPORTANT FOURTH CONTRACT WIN CONFIRMS EXPANSION INTO ONLINE GAMING WITH "FC BETZ"
With the approach of the new football season in August the Board of TWL is delighted to announce that the expansion into internet gaming under the brand name "FC Betz.com" is moving apace with the signing of a partnership contract with another major football club Leicester City FC.
TWL has signed a multi-year contract with Leicester City to become its gaming partner. Under the contract TWL will provide a full package of gaming and lottery products to the club and its supporters. The Leicester City Lottery will be run by TWL under its new "FC Lotto" brand specially designed for the football market. In addition the gaming package created by TWL under the brand "FC Betz.com" will be marketed to the clubs fans
The Board believes that this expansion will create additional revenues for the company. Negotiations are continuing with several other major football clubs. The Board expects to make further announcements shortly of other similar contracts with other leading clubs in accordance with the AIM Rules. TWL has now signed partnership agreements with four major football clubs in Coventry City, Derby County, Sheffield Wednesday and now Leicester City giving the FC Betz gaming products and FC Lotto lottery brand access to a market consisting of the large number of supporters of these clubs.
"TWL has signed a contract with another important big city football club in Leicester City. The club has a great history and a large loyal fan base and came close to promotion to the Premiere League last season. Once again we are delighted to become the gaming and lottery partner and look forward to a successful and profitable relationship to the benefit of the Club its fans and TWL in the coming seasons" said Chairman Lord Razzall CBE.
Enquiries
The Weather Lottery PLC 01777 818 036
Keith Millhench
Website www.theweatherlottery.com
Religare Capital Markets (Nomad) 020 7444 0800
Nick Harriss
SVS Securities (Broker) 020 7638 5600
Ian Callaway