Our move into the emerging mobile gaming / betting market began earlier this
year when we signed an agreement with Ladbrokes to develop games on their
behalf. The first of these initiatives with Ladbrokes will launch during the
final quarter of this year. In addition, we expect to make further announcements
regarding Stream's progress in this sector over the coming months. This market
is still in the early stages of growth with international industry analysts
forecasting that mobile gaming will follow the success of internet gaming and
generate revenues in excess $19 bn by 2009.
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