GGK Gamingking

RNS Number:9703R
Gamingking PLC
27 February 2007



                                 Gamingking Plc
                                (the "Company")

                                 Trading Update


The Company has noted the recent increase in its share price, but does not know
of any cause for this change. The Company can also confirm that it is not
currently involved in any negotiations with regard to takeover or merger
activity, nor has it recently been approached concerning the same.

Whilst it has not been Gamingking's policy to provide trading updates other than
at the release of full-year and interim results, the Company would like to take
the opportunity to issue an update at this time.

Trading conditions in the third quarter to 31 January continued to be
challenging. Sales for the period were lower than the same quarter in the
previous financial year. The Company has attempted to address this through a
restructure of our sales team, including additional recruitment, in an effort to
increase turnover and market share.

As communicated in our chairman's interim statement, the board has taken action
substantially to reduce overheads and in particular direct and indirect group
costs. The cost reduction programme will provide savings in the second half of
the current financial year.

Finally, with regard to projects and product development, the Company continues
to develop a number of new initiatives and product concepts. The Reel Winner (a
retro one-armed bandit redesigned as a lottery machine) is currently undergoing
trials in a number of clubs, and initial results are encouraging. It was also
exhibited at the ATEI show in London in January 2007, where it generated some
interest.

Whilst some uncertainty exists as to the regulatory regime under which the Reel
Winner will operate post September 2007, the Company is extending the range and
scope of these trials in the coming months. It is not, however, anticipated that
this (or other current product developments) will have a significant effect on
this year's financial performance.




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

END
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