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žžƵ AWARDED FRENCH ONLINE LICENSE

 žžƵ France, a subsidiary of žžƵ Group,has been awarded an Online Sports Betting License by the French Online Gaming Regulator, the ARJEL. The duration of the renewable license is 5 years. žžƵ France will focus on opportunities in online sports betting exploiting in particular its cutting edge sports betting solution. The company also aims to submit subsequent requests to the ARJEL for online horse betting and poker licences.

Franceis the second major continental market to regulate the online gaming market following Italy. The “controlled opening” (ouverture controlée) of the online gambling market started following the approval by the French National Assembly of a bill introducing a licensing regime that was enacted in May 2010and concerns three different online activities: horse betting, sports betting and poker.

Mr. Constantinos Antonopoulos, žžƵ Group CEO, stated: “The online license that žžƵ was granted in France is a very important step towards the implementation of our plans to capitalise on the major opportunity represented by the growth of the regulated European online gaming sector. With a population of 65 million and a strong tradition in the lottery and gaming industries, France will play a pivotal role for žžƵ Interactive in the new era of regulated online gaming. We are looking forward to bringing our pioneering services and products, as well as exciting entertainment experiences to the French market.”