Ocean Jewel to carry the PrimeLine Sports Book

Jason · October 26, 2004

LAS VEGAS, Oct. 25 /PRNewswire-FirstCall/ -- VirtGame Corp. (BULLETIN BOARD: VGTI) , a provider of innovative software solutions to the regulated gaming industry, announced today that the Ocean Jewel, docked in international waters off St. Petersburg, will be the first vessel to carry the PrimeLine Sports Book ("Sports Book") capability aboard its ship. The Sports Book is being operated by International Race and Sports Consultants Inc. and managed by Perry Swanson, a veteran gaming industry executive most recently known for starting the first race and sports book at Terrible's Town in Las Vegas.

The Ocean Jewel is owned and operated by Titan Cruise Lines, Inc. and is a luxurious eight-story, 450-foot floating class three gaming casino on the Gulf of Mexico. The one-of-a-kind ship offers seven decks of authentic Vegas-style gaming, roulette, craps, blackjack, poker and over 1,000 slot machines. With room to hold more than 2,200 people, the Ocean Jewel is the largest gambling ship in Florida and is the first of many vessels expected to be outfitted by International Race and Sports Consultants Inc.

VirtGame's contract with International Race and Sports Consultants calls for significant expansion to other vessels through September 2005. All ships will operate in international waters and will be linked via secured transmissions and powered by PrimeLine Race and Sports system. Perry Swanson has been involved in the race and sports business for over 20 years working as a supervisor at Caesar's Palace and Harrah's and managing Harrah's Tahoe and MGM Grand. Mr. Swanson commented, "The Ocean Jewel will act as the main book hub while additional ships added to the system over time will receive their feed via a satellite network linked to that hub."

Mark Newburg, VirtGame's President and Chief Executive Officer, added, "Outfitting the Ocean Jewel with PrimeLine is the next step in our continuing expansion beyond the U.S. borders. This activity positions us very well for not only the Nevada based gaming market, but also towards expansion in other markets as we develop and deploy the next generation of gaming technology."