Business Wire: Gaming Transactions Inc. Acquires Keno Limited, UK; Keno.com to Be Launched as an Onl

LOS ANGELES -- Gaming Transactions Inc., (PINK SHEETS:GGTS) a leading provider of online gaming portal management is pleased to announce that it has acquired Keno Limited, a company registered in the United Kingdom.

Keno Limited (UK) holds the license to the URL Keno.com and a license to an Internet financial gaming transaction system from Red Ruth Ventures Inc.

Gaming Transactions Inc. will provide management for the new destination gaming portal, which will be launched in the near future.

Keno.com will become an online fixture where players will be able to participate in a number of Internet gambling and online gaming fixtures. The foundation of the site will be an online version of keno. The game of keno uses 80 balls numbered 1 thru 80. Every game, the house draws 20 balls at random and displays their numbers on screens (called keno boards) located on the website. The object of the game is for the player to guess some of the numbers the house will draw. The site shall also offer other popular games including poker, blackjack, slots and video game versions of table games.

The new corporate address for Gaming Transactions Inc., is Suite 628 - 470 Granville Street, Vancouver, BC, Canada V6C 1V5.

About the Company

Gaming Transactions Inc. is a developer and provider of online games and services for the online entertainment and gaming industries. The Company's central licensed games portal, www.keno.com, is a destination online gambling property where players may participate in a number of gambling and online gaming fixtures.

For more information please visit www.gamingtransactions.com

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on software providers, URL providers, risks relating to international operations, and risks associated with competition.