Inside Asian Gaming

INSIDE ASIAN GAMING | June 2008 40 ESL Gaming Indices Global Gaming Index Period 12 Months Average Return -17 Base Currency USD 422% 140% 176% 135% 105% 104% 103% 95% 45% 40% 77% -80% -87% -91% -95% -95% -95% -96% -100% -100% Last 12 Months Top/Bottom 10 Performers in ESL GGI Berjaya Land Redbet Berjaya Corp Bhd Table Trac Inc Advani Hotels Tencent Holdings Gaming VC Hldgs Deq Systems Waltech PLC Playtech Odyssey Gaming Vodone Ltd Trackbets Inter Solstice Resorts Winwin Gaming Cash Systems Inc Mirada PLC Neville Porter Specture Gaming Invicta Group Global Online Index Period 1 Month Average Return 2.38 Base Currency USD -63% -60% -38% -37% -36% -33% -32% -31% -31% -31% 44% 43% 50% 51% 52% 63% 67% 73% 99% 102% Last Month Top/Bottom 10 Performers in ESL GGI Global Approach Youbet.com Diamond I Inc Global Tech LaserLock Redbet Holding Empire Resorts North American Gaming Angelciti CY Foundation Two Way Ltd Pokertek Inc Myriad Entertainment DQE Designed Qua Players Network Inspired Gaming Mirada PLC Solstice Resorts Odyssey Sona Mobile Holdings The ESL Gaming Indices were launched on June 6th 2005 with a base value of 1000. The ESL AGI comprised 76 companies as of 23rd May 2008, the cut-off date of the data featured herein, while the ESL GGI comprised 271 companies. To be eligible for inclusion on ESL’s AGI, a security must be publicly listed, i.e., permitted to offer its securities (stock, bonds etc.) for sale to the general public with on average more than 80% of revenues derived from gaming related activities in Asia, excluding New Zealand and Australia.To be eligible for inclusion on ESL’s GGI, a company must be significantly involved in gaming related activities anywhere in the world. Closed-end funds, convertible debentures, exchange traded funds, preferred stocks, rights, warrants, units and other derivative securities are not included. If at any time a component security no longer meets the above criteria, the security becomes ineligible for inclusion in the Index and is removed. Last Price 1135 High 10/30/07 1556 Low 03/21/08 1097 Last 12 Months -14.09% ESL Global Gaming Index (GGI) Nov 2006 Dec 2006 Jan 2007 Feb 2007 Mar 2007 Apr 2007 Jan 2008 Feb 2008 Mar 2008 May 2008 Apr 2008 May 2007 Jun 2007 Jul 2007 Aug 2007 Sep 2007 Oct 2007 Nov 2007 Dec 2007 900 1000 1100 1200 1300 1400 1500 1600 Top Ten Constituents of ESL GGI by Market Cap LAS VEGAS SANDS CORP LVS 23108.61 -16.67% -21.56% MGM MIRAGE MGM 13999.06 -27.05% -22.37% OPAP SA OPAP 12141.19 -13.19% +20.00% TENCENT HOLDINGS LTD 700 12172.40 84.73% +23.80% INT’L GAME TECHNOLOGY IGT 10966.77 -8.08% -24.15% WYNN RESORTS LTD WYNN 10722.37 -6.53% -10.94% GENTING BHD GENT 7526.98 -24.71% +2.41% CROWN LTD CWN 6942.69 -22.63% -1.21% RESORTS WORLD BHD RNB 6375.59 1.80% +7.59% MELCO PBL -ADR MPEL 5423.03 -29.28% +2.67% Name Ticker Price Change Last 12 Months Price Change Last 30 Days Market Cap (USD) performance was largely linked to speculative investment after it announced a change of business activity to non-gaming services.The company announced to the Australian Securities Exchange in late March that it planned to change business with a 100% buyout of the Australian property management company Teys Proprietary Ltd . Shares in Global Approach were suspended from trading on the ASX on 22nd May because of the announcement. Sona Mobile Holdings , a provider of secure software systems for server-based gaming and entertainment, fell back 66.3% for the month. Sona is the software provider behind the development of Shuffle Master Inc ’s popular Vegas Star Wireless™ platform. Sona had good news in the first quarter after the New York State authorities gave a 25-year extension on a horse racing licence issued to one of Sona’s business partners. The state’s decision means Sona can continue to develop a new mobile wagering application under the three-year, exclusive deal it signed in October 2007. Sona Mobile Inc Chief Executive Officer Shawn Kreloff will be speaking at the G2E Asia 2008 seminar Beyond Baccarat: What Other Games Work in Asian Casinos? on 4th June. AGTech Holdings , the Hong Kong-listed provider of lottery services mentioned in our China Lottery story, performed solidly in May, adding 17.26% to its value and reaching number eight on the AGI list. It followed reports in mid-May that AGTech will pay HK$777.7 million to buy Shining China , a private firm that has consulting contracts with local branches of the state-run China Sports Lottery.