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November-05-2008,
KAHNAWA:KE GAMING COMMISSION CONFIRMS UB COMPLIANCE WITH INTERIM DECISION...By Hartley Henderson

KAHNAWAKE GAMING COMMISSION

FOR IMMEDIATE RELEASE

KAHNAWA:KE GAMING COMMISSION CONFIRMS UB COMPLIANCE WITH INTERIM DECISION

(Kahnawà:ke, 5 Kenténhko:wa /November 2008) The Kahnawá:ke Gaming Commission (KGC) announced today that it has received information from its agents, Ultimate Bet and other related parties indicating that Ultimate Bet has addressed, or is addressing, the matters set out in the KGC interim decision of September 29, 2008.

In particular, the KGC has confirmed that Ultimate Bet has commenced reimbursing approximately US$15M to players who were adversely affected by the cheating incidents. This is in addition to the US$6.1M that Ultimate Bet has already reimbursed to players. The KGC will defer its final decision in this matter for a short period of time for the purpose of ensuring that all required reimbursements have been made.

In addition to reimbursements to players, the KGC is considering the available evidence and will decide whether Ultimate Bet has satisfied all of the other terms of the KGC interim decision.

The KGCs final decision in this matter is expected to be issued once all player refunds have been confirmed.

For further information contact:

Murray Marshall
Senior Advisor
Kahnawa:ke Gaming Commission
murray.marshall@mck.ca

11-05-2008
Hartley Henderson
MajorWager.com
henderson@majorwager.com

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