Webis Regulatory News (WEB)

30 Nov 2005 16:08

betinternet.com PLC30 November 2005 BETINTERNET.COM PLC ("the company" or "betinternet") Announcement of Board Change Garry Knowles appointed Managing Director The board of betinternet, the global on-line gaming group, who earlier todayannounced that Paul Doona, its Managing Director, was to stand down from theboard at the conclusion of the annual general meeting on 22 December, 2005 ispleased to announce the appointment of Garry Richard Knowles as managingdirector with effect from that date. Garry, who is 39, was appointed to the board in June as sportsbook director,having joined the company in November 2003 as head of trading operations. He waspreviously customer relations director for international casino group MGM Mirageand prior to that worked at bookmakers William Hill for 15 years. Chairman Denham Eke said, "I am delighted that Garry has accepted the board'sinvitation to lead the group during what we anticipate will be a period ofexciting development as we introduce a new platform and prepare to accept wagersfrom US customers. Garry has been instrumental in piloting the group throughwhat has been a difficult transition period. He has increased margins as well asproviding a more comprehensive platform including the introduction of casinogames to the website and a new skill-based internet football game. I amconfident shareholders will soon be rewarded by the improved focus andefficiency he has put in progress." Garry Knowles said, "I am very pleased to take on the role of managing director.I am confident that, with the arrival of our new sportsbook platform and themove into the US market, we can achieve a substantial improvement in results. Inaddition, I believe we now have all the ingredients in place to take advantageof the unique platform offered by European Wagering Services in pari-mutuelbetting." For further information call: betinternet.com plcGarry Knowles Tel: 01624 698141 Britton Financial PRTim Blackstone Tel: 020 7251 2544 This information is provided by RNS The company news service from the London Stock Exchange