Wednesday, October 18, 2006

Gamingking PLC, a provider of online gambling services, said Monday that
Nicholas Watkins resigned as chief executive. Watkins is the latest
executive of a British online gambling company to resign his role after
Congress introduced legislation to ban Internet gambling in the United
States. Sportingbet PLC Chairman Peter Dicks resigned last month after being
detained at New York's JFK Airport for illegal online gambling. A judge
later cleared Dicks to return to London after New York Gov. George Pataki
declined to sign a warrant extraditing him to Louisiana where the arrest
warrant was issued. The directors of World Gaming PLC resigned on Friday,
leaving the company in the hands of administrators. Watkins' resignation
takes effect Oct. 31.