extrabet and IG Sport Launch First UK Licenced Online Casino


LONDON, October 16 /PRNewswire/ --     Spread betting firm IG Sport and sister fixed-odds operator extrabet.com 
have launched the first UK Gambling Commission licensed online casino powered 
by Chartwell Technology Inc.

The casino went live last week and further expands the leisure offering
from IG Group Holdings which includes sports spread betting, sports binary
betting and fixed-odds sports betting.

"We're delighted to add Chartwell's casino to our on-line sports betting
portfolio and proud that we can boast the first UK Gambling Commission
licensed online casino," said head of IG Sport and extrabet.com, Stuart Lane.

"While both our fixed-odds and sports spread betting products remain
strong, we also recognise the appetite for other modes of on-line gaming and
thus the benefits of increasing the offerings on our online sports betting
platforms."

"With the addition of the on-line casino we are now a step nearer to our
long term goal in bringing to both extrabet.com and IG Sport customer's
everything they require on one betting site."

In order to fulfil the IG Group's requirements and commitment
to regulatory leadership, Chartwell's gaming system underwent a thorough
certification process required by the UK regulatory authority that meets or
exceeds gaming regulation anywhere in the world. This included both corporate
and software certification to ensure maximum security and reporting
functionality necessary for Chartwell to receive certification by the UK
Gambling Commission under the new regime.

"This event marks a significant milestone for Chartwell, the
IG Group, and online gaming regulation as a whole", states Darold H. Parken,
President and CEO of Chartwell

"Delivering the software solution to power the UK's first
licensed online gaming site elevates our company and technology to the next
level and I am proud of every member of our team for achieving this
industry-first. I would also like to complement the efforts of the IG Group,
their pursuit of growth built on technology while conducting business within
an extensive regulatory framework clearly defines this organization."

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