DUBLIN, IRELAND--(MARKET WIRE)--Jun 2, 2008 --
NEWS FACTS:

-- Ethoca, the leader in collaborative fraud management, today announced that Gaming VC -- a leading European online casino and poker provider -- has selected Ethoca's global collaborative anti-fraud community.

-- Ethoca will support Gaming VC's expansion into new geographic markets without increasing its fraud-related operational expenses.

-- Gaming VC's selection of Ethoca makes it the most recent company in a rapidly accelerating trend within the global gaming industry to join Ethoca's community of online businesses collaborating to defeat fraud, which includes such gaming leaders as Ladbrokes, William Hill, 32Red, bwin, 888, Stan James and Boylesports.

-- Gaming VC is one of Europe's leading online casinos. Its wholly owned Casino Club business unit has 58,000 active customers and more than 100,000 registered users.

-- In response to growing opportunities worldwide, Gaming VC is pursuing a strategy to diversify into new territories outside its core German-speaking markets.

QUOTES:

-- "Gaming VC has successfully laid the foundation to continue increasing the Group's overall profitability while diversifying our interests outside of Germany. As part of that foundation, we have selected Ethoca's anti-fraud community as a way to reduce the operational expenses associated with detecting online fraud," says Kenneth Alexander, CEO, Gaming VC. "Ethoca helps us make more informed decisions, especially with customers we have no prior direct experience with. Ethoca's clear leadership and gathering momentum in collaborative fraud management made it the obvious choice to help manage our risk as we expand outside our home markets."

-- "We are pleased to welcome Gaming VC to our collaborative fraud management community," said Andre Edelbrock, Ethoca's president and CEO. "As Gaming VC continues to attract new online casino club members and diversify into new markets, its ability to contribute and connect to a pool of shared knowledge about payment experiences will help them grow more profitably and with lower risk. The global gaming industry is increasingly turning to Ethoca to improve its ability to 'know their customers' and keep fraud costs under control. That's why we're turning competitors into collaborators."

About Ethoca

With offices in Dublin, Ireland, and Toronto, Canada, Ethoca is the leader in collaborative fraud management. Ethoca enables businesses operating in any customer-not-present environment (i.e., business by internet, phone, fax or mail) to make more informed decisions about their customer transactions by sharing transaction experience data in a way that is secure, automated, effective and ethical. Businesses submit transaction data to Ethoca and can use summary history and analysis based on the collaborative data of Ethoca's members to gauge the fraud-risk associated with any given transaction.

Ethoca's community includes a number of leading and recognized companies and payment and fraud solution provider partners from around the world.

Ethoca's members increase profits by finding the optimal balance between allowed transactions and fraud-risk levels, and fraud management costs. Ethoca's use of independent third-party business process and data integrity audits ensures that the privacy and security of data is maintained. For more information about Ethoca visit www.ethoca.com.

Ethoca(TM) is a registered trademark of Ethoca Limited.

About Gaming VC Corp

Established in 2004, Gaming VC Corp BV (AIM: GVC) is an operating and acquisitions company focused on the growing world of online gaming. The Company was incorporated in Luxembourg to acquire the business and operating assets of Casinos International NV, collectively known as The Casino Club, the dominant on-line casino in German-speaking markets. Larger than William Hill, Sportingbet and Bet 365 from a single market position, The Casino Club boasts 58,000 active customers and more than 100,000 registered users. The associated Casino-Club magazine is well respected among roulette enthusiasts and currently has a circulation of over 100,000.

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