Stan James Plc Acquires Racing2day LLC

GIBRALTAR, November 1, 2010 /PRNewswire/ -- Global online gaming operator, Stan James Plc, today announces the acquisition of a majority stake in Racing2day LLC, an online horse racing wagering business run by horse racing owners, players, handicappers and fans.

Racing2day is licensed by the Oregon Racing Commission and is based in the USA. It offers pari-mutuel horse race wagering online at http://www.racing2day.com and via its 24/7 call centre operation.

Denis Kelly, CEO of StanJames.com, comments: "We are delighted to have completed this important investment into Racing2day. The team at Racing2day is passionate about horse racing and their high quality product gives us an ideal opportunity to develop and enhance our international racing offering by giving our customers access to a new and exciting range of pari-mutuel products which are fun and easy to use. StanJames.com invests significantly into UK horse racing, and we are committed to continue our global investment in this exciting sport. We aim to boost the size of the pools by ultimately driving our European customers to the US Tote."

Vincent Caldwell, President of Racing2day, said: "We are delighted to welcome StanJames.com as shareholders and given their excellent corporate values, operating experience, marketing innovation and passion for horse racing, this is an exciting time for Racing2day. StanJames.com's involvement will drive the development of Racing2day in offering a truly unique and independent wagering service to American and international horse racing players."

About StanJames.com

The StanJames brand has been at the forefront of horse racing since the company was founded in 1973.

StanJames.com's mission is for customers to have fun by making betting and gaming easy and accessible. With innovative markets and value prices, StanJames.com has become one of the most acclaimed names within the betting industry, pioneering Betting In-Play which has raised the bar for the entire industry.

Clients can either place bets online, via mobile phones or by telephoning experienced staff to put wagers on for them. In excess of 10,000 calls are handled every day from over 30 countries worldwide. Stan James accommodates 5 languages and offers 24-hour support for their wide range of products.

StanJames.com is fully committed to The Jockey Club's 'Racing for Change' initiative, which is designed to modernise racing and broaden its appeal to a wider consumer audience. In September 2010, StanJames.com announced a major five-year sponsorship agreement with The Jockey Club that will result in one of the showpiece events at Cheltenham Festival becoming the Stan James Champion Hurdle.

StanJames.com is licensed by the Gibraltar Licensing Authority under the Gambling Act 2005 and regulated by the Gibraltar Regulatory Authority.

About Racing 2 Day LLC

Racing2day is an online horse racing wagering business run by horse racing owners, players, handicappers and fans and offers races from more than 350 tracks worldwide. We're all as passionate about the sport as you are, and our mission is to help you enjoy it to the full. Trading as Racing2Day.com, the business was founded by its President, Vincent Caldwell. Racing2day LLC is a Delaware incorporated company, and holds a multi-jurisdictional license issued by the Oregon Racing Commission in Portland, Oregon, USA. More information about Racing2day can be found at

    http://www.racing2day.com.

    For further information, please contact:
    Nicola Miller/Kieran Kent
    The itpr Partnership
    t. +44(0)1932-57-88-00
    http://www.itpr.co.uk

    Vincent Caldwell, President Racing 2 Day LLC; Phone [+1-727-481-0392]
    [email protected]

SOURCE Stan James Plc.