RNS Number:7378S
Leisure & Gaming plc
17 October 2005

17th October 2005



                   Leisure & Gaming plc ("Leisure & Gaming")



        Acquisition of Stanley Entertainment NV and E-Gaming Partnership

                        with Stanley Leisure plc for #2m



Acquisition

Leisure & Gaming, the AIM-listed interactive betting and gaming company, is
pleased to announce that it has today acquired Stanley Entertainment NV ("
Stanley Entertainment"), the online casino business of Stanley Leisure plc ("
Stanley Leisure"), for #1.86 million payable in cash and a potential deferred
consideration of up to #280,000.



The acquisition provides a further UK and European revenue stream and customer
base to Leisure & Gaming's international business and complements the VIP Group
business, which Leisure & Gaming acquired in June 2005 for an initial
consideration of #18.7 million.



Leisure & Gaming has been advised by Marwyn Capital and Livingstone Guarantee.



E-Gaming Partnership

Leisure & Gaming and Stanley Leisure have also agreed a strategic partnership
which will see Leisure & Gaming becoming Stanley Leisure's chosen partner for
developing their brands and assets online, leveraging Leisure & Gaming's
operational and product infrastructure.  The two companies have signed an
affiliate agreement for an initial term of 12 months in which Stanley Leisure
will drive its customers to certain Leisure & Gaming sites including the
Acropolis Casinos business. The partnership will also include a poker offering
and a dedicated slots offering.



Under the agreement, Leisure & Gaming will generate value from Stanley Leisure's
database of more than 1 million registered members and will have promotional
access to Stanley Leisure's estate of 41 casinos across the UK. As part of the
affiliate agreement, Leisure & Gaming has committed #140,000 as a pre-payment
against future affiliate revenues to Stanley Leisure.



Alistair Assheton, Chief Executive of Leisure & Gaming said:



"We are very pleased to announce these ventures with Stanley Leisure, which
include the acquisition of their online casino business, and a wider partnership
in online gaming - we are confident these will deliver great value to both
parties moving forwards.



"Although the acquisition is relatively small in size, by using free cashflow to
make earnings enhancing acquisitions we are increasing shareholder value, and we
will continue to complete such deals as and when they become available.



"Additionally, by partnering with Stanley Leisure, we are benefiting from
working with an organisation with blue chip gaming expertise, premier gaming
brands and a strong land-based presence in the UK with over one million
registered customers."



                                    - Ends -



For further information call:


Alistair Assheton, Chief Executive                   Leisure & Gaming plc
                                                     Tel: 020 7248 6343


Jonathon Brill/Billy Clegg                           Financial Dynamics
                                                     Tel: 020 7831 3113




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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