Contract win
31 Août 2010 - 8:01AM
UK Regulatory
TIDMTWL
RNS Number : 8125R
Weather Lottery PLC (The)
31 August 2010
31 August 2010
THE WEATHER LOTTERY PLC
Ticker: TWL
("The Weather Lottery", "TWL" or the "Company")
MAJOR CONTRACT SECURED WITH SPL CHAMPIONS RANGERS FOOTBALL CLUB TO SUPPLY ONLINE
BETTING AND ONLINE LOTTERY
TWL will now provide the considerable fan base of Rangers, together with the
other five clubs who have already signed partnership agreements, with online
betting and lottery services
HIGHLIGHTS
· Landmark partnership deal for Scottish Premier League Champions Rangers
Football Club;
· Rangers FC contract win testament to TWL's reinvigorated strategy,
announced in July;
· Online gaming expected to drive future revenues for TWL alongside
established Lottery;
· Board anticipates these contracts to have a material effect on future
revenues;
· Further football club partnerships anticipated as the official season gets
under-way; and
· TWL now targeting other major media, sporting, political and charity
organisations
The Board of The Weather Lottery, the AIM quoted lottery management and online
gaming specialist, is delighted to announce its sixth successive major lottery
and gaming contract in as many weeks. On 27 August TWL signed a partnership
contract with the world famous Rangers Football Club ("Rangers FC" or the
"Club") to become its online betting and online lottery partner. Under the terms
of the contract, The Weather Lottery will provide a full package of online
betting and online lottery products to the Club and its many loyal supporters.
The Rangers Online Lottery will be run by The Weather Lottery under its newly
launched 'www.fclotto.co.uk' brand, which has been specially designed for the
football market. Furthermore, the online gaming package created by The Weather
Lottery under the brand 'www.FCBetz.com' will be marketed to the Club's fans.
www.FCBetz.com was launched on 6 August 2010 to expand and compliment the
services offered to The Weather Lottery's existing clientele and acquire new
clients via football fan clubs.
The contract win announced today marks The Weather Lottery's sixth consecutive
football club partnership agreement in as many weeks, following the signings of
Coventry City, Derby County, Sheffield Wednesday, Leicester City and
Middlesbrough. Following this agreement, The Weather Lottery has added
significantly to its available market of players for the Company's 'Sunshine
Lottery' and 'Lightening Lottery' products.
Commenting on today's announcement, Chairman Lord Razzall, CBE said:
"We are very excited by this contract with Rangers. They hold an important
position as a revered sporting institution both nationally and internationally.
They are one of the two giants of Scottish football and their importance extends
well beyond Scotland. They are regular participants in the "blue-ribbon" event
of European Football, the Champions League."
CEO Keith Millhench Commented:
"The combined www.FCBetz.com and www.fclotto.co.uk products market partners' fan
clubs, season ticket holders of Coventry City, Derby County, Leicester City,
Sheffield Wednesday, Middlesbrough and now Rangers, plus their databases and
gives The Weather Lottery exposure to a significant potential user base.
"The Board believes that this further expansion will create additional revenues
for the Company. Negotiations are continuing with several other major football
clubs and other societies. The Board expects to make further announcements
shortly in accordance with the AIM Rules."
---ENDS---
For further information contact:
The Weather Lottery PLC
01777 818 036
Keith Milhench, CEO
www.theweatherlottery.com
Religare Capital Markets (Nomad)
020 7444 0800
Nick Harriss
SVS Securities (Broker)
020 7638 5600
Ian Callaway/Alex Mattey
Notes to Editors:
The Weather Lottery plc listed on the Alternative Investment Market of The
London Stock Exchange in September 2006. The Company carries a strong
reputation, with its two leading lotteries - 'The Sunshine Lottery' and 'The
Lightening Lottery'. In August 2010, the Company launched www.FCBetz.com to
complement its well established lottery management business.
The Company carries a significant number of high profile corporate clients
including major charities, football clubs, education facilities and political
associations. Through its wholly owned subsidiary Prize Provision Services
Limited, The Weather Lottery is authorised by the Gambling Commission and holds
an External Lottery Manager Licence granted in the UK.
For further information: www.theweatherlottery.com and www. FCBetz.com and
www.fclotto.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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