GVC Holdings PLC - Bringing innovation, excitement and integrity to online gaming.

PRESS RELEASE

Trading Statement

11 January 2006

The Directors of Gaming VC are pleased to announce positive results and further increases in new customer activity in the month of December.

New Registrations in the month of December were 4,270 compared to 3,645 in November, a 17.1% increase. 2,012 new depositing customers were recorded in the month compared to 1,783 in November, a 12.8% increase. Daily revenue in the month was Ä107.6k and ahead of expectations, confirming the trend experienced in October and November, further underlining the effectiveness of the strategic marketing programme. The Company's Casino Club business continues to deliver the target month on month revenue growth of 2%.

Commenting on the performance for December, Steve Barlow, Chief Executive said:

"December was our overall best month in the second half of 2005, during which the marketing programme was launched. Key metrics for the Casino were at the highest level for Average Daily Wagers, Number of Registrants, Number of New Players, Number of Unique Players and Total Amounts Wagered. We are encouraged by these results."

The Company's next update will be for the Q1 2006 period and released during the week of April 10th, 2006.

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Note to Editors:

Gaming VC Holdings SA (AIM: GMHq.L) is a leading online casino games operator with an annualized handle in excess of EUR 1.5 billion. The majority of its existing customers come from German speaking countries. The company listed on the Alternative Investment Market in December 2004. Gaming VC Holdings also owns two magazines, Casino Club and Roulette. Through unique marketing approaches and its innovative informational magazines GVC is able to attract and retain some of the highest value casino players in the sector.

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