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					Capital IQ Company Screening Report

Screening Criteria
1) Industry Classifications: Casinos and Gaming (Primary)
2) Company Type: Public Company
3) Market Capitalization ($mm) [Latest]: is greater than 100




                                                                                                                                                                       Total Enterprise Value ($mm)
Company Name                           Exchange:Ticker         Business Description                                             Market Capitalization ($mm) [Latest]                       [Latest]
888 Holdings Public Limited Company LSE:888                    888 Holdings Public Limited Company, through its                                               484.7                          421.2
(LSE:888)                                                      subsidiaries, operates as an online gaming entertainment
                                                               company worldwide. It offers various online casino, poker, and
                                                               skill games, as well as access to a third party betting
                                                               exchange, through its various Web sites, including 888.com,
                                                               Casino-on-Net.com, PacificPoker.com, ReefClubCasino.com,
                                                               888.tv, 888.info, and Betmate.com. The company also
                                                               provides Sportsbetting, Bingo games, and Backgammon to
                                                               end users and business partners. It has strategic agreements
                                                               with Dynamite Idea; and Ash Gaming, Ltd. 888 Holdings was
                                                               founded in 1997 and is based in Europort, Gibraltar.
Ameristar Casinos Inc.      NasdaqGS:ASCA   Ameristar Casinos, Inc. engages in the development,               561.1   2,108.6
(NasdaqGS:ASCA)                             ownership, and operation of casino entertainment facilities in
                                            the United States. It also offers slots, food, lodging,
                                            entertainment, and other services. The company primarily
                                            provides slot machine plays; and table games, including
                                            blackjack, craps, roulette, and poker. Its signature restaurant
                                            concepts include steakhouses, elaborate buffets, and casual
                                            dining restaurants with sports bars featuring the audio-visual
                                            technology. As of December 31, 2007, the company operated
                                            eight properties in Missouri, Iowa, Mississippi, Colorado,
                                            Nevada, and Indiana. Its portfolio of casinos consists of
                                            Ameristar St. Charles in the St. Louis metropolitan area,
                                            Missouri; Ameristar Kansas City near the Kansas City,
                                            Missouri; Ameristar Council Bluffs at the bank of the Missouri
                                            River, Iowa; Resorts East Chicago near Chicago, Illinois;
                                            Ameristar Vicksburg in Vicksburg, Mississippi; Ameristar
                                            Black Hawk near Denver, Colorado; Cactus Petes Resort
                                            Casino and The Horseshu Hotel & Casino in Jackpot, Nevada;
                                            and Resorts East Chicago in East Chicago, Indiana. Ameristar
                                            Casinos was founded in 1954 and is based in Las Vegas,
                                            Nevada.


Archon Corp. (OTCBB:ARHN)   OTCBB:ARHN      Archon Corporation, through its subsidiary Pioneer Hotel, Inc.,   104.4    145.2
                                            engages in the ownership, management, and operation of
                                            hotels and casinos in the United States. It operates the
                                            Pioneer Hotel & Gambling Hall in Laughlin, Nevada that
                                            consists of casino, as well as 416 motel rooms. Archon
                                            Corporation also owns real estate properties on Las Vegas
                                            Boulevard South in Las Vegas, Nevada; and rental properties
                                            in Dorchester, Massachusetts and Gaithersburg, Maryland
                                            that includes commercial office space. The company was
                                            founded in 1991 and is based in North Las Vegas, Nevada.
Aristocrat Leisure Ltd. (ASX:ALL)     ASX:ALL    Aristocrat Leisure Limited engages in the design,                  1,129.5   1,300.0
                                                 development, manufacture, and marketing of gaming
                                                 machines, software, systems, and other related equipment
                                                 and services worldwide. Its gaming products include Reel
                                                 Power that enables players to purchase reels; Multiline
                                                 games, which utilizes various line combinations in five reels;
                                                 50 Line, a showcase of 50 separate spinning line
                                                 combinations; Player’s Choice machines that offer four
                                                 Aristocrat games and three specified denominations in a
                                                 single cabinet; Bonus Bank, a combination of banked base
                                                 game; XTreme Mystery; Hyperlink, a linked bonusing product;
                                                 and Wide Area Jackpot, a progressive jackpot game operated
                                                 by a governing network that links machines across
                                                 participating regional venues, as well as provides a five-reel
                                                 mechanical stepper product and Pachislot machines for the
                                                 Japanese market. The company’s systems product line
                                                 comprises OASIS / DACOM, System 6000, System 7000
                                                 PRIME, system analyst, peripherals, and third party
                                                 interfaces. It also offers multistation gaming products,
                                                 including PokerPro, a full electronic poker table, which allows
                                                 various games to be played, such as Texas Hold 'Em, Omaha
                                                 Hi/Lo and Omaha Hi. No limit, and Pot Limit with single-table
                                                 and multitable tournaments; and PokerPro Heads-Up, a game
Bally Technologies, Inc. (NYSE:BYI)   NYSE:BYI   Bally Technologies, Inc. engages in the design, manufacture,       1,182.4   1,400.9
                                                 distribution, and operation of gaming devices and
                                                 computerized monitoring and accounting systems for gaming
                                                 industry worldwide. It primarily offers gaming devices for land-
                                                 based, riverboat and Native American casinos, video lottery,
                                                 and central determination markets, as well as specialized
                                                 system-based hardware and software products. The company
                                                 also owns and operates the Rainbow Casino, a dockside
                                                 riverboat casino in Vicksburg, Mississippi. In addition, it
                                                 involves in the lease and rental of gaming devices. Further,
                                                 Bally Technologies designs, programs, licenses, and supports
                                                 casino enterprise systems, including slot floor management,
                                                 casino management, iVIEW player-communication network,
                                                 bally power bonusing, business intelligence and data analysis
                                                 applications, and download and configuration manager. It
                                                 markets its system product solutions under Bally CMS, a
                                                 casino management system; Bally SMS, a slot management
                                                 system; and Bally TMS, a table management system. The
                                                 company was founded in 1968 and is based in Las Vegas,
                                                 Nevada.
Berjaya Land Bhd (KLSE:BJLAND)   KLSE:BJLAND   Berjaya Land Berhad, through its subsidiaries, engages in the       991.4    2,241.7
                                               investment and development of real estate properties primarily
                                               in Malaysia. It also engages in the development and operation
                                               of vacation time share, hotels and resorts, and water theme
                                               park. In addition, the company operates a casino; conducts
                                               Toto betting; engages in the leasing of online lottery
                                               equipment; manufacture and distribution of computerized
                                               lottery systems. Further, Berjaya Land Berhad provides
                                               education services. Its operations also include distribution,
                                               marketing, and dealing in Aston Martin motor vehicles;
                                               property management; Spa management; provision of security
                                               services; Jet charter; project management; charter and
                                               schedule flight operation; developing and operating golf and
                                               recreation clubs/resorts; and hotel booking and marketing
                                               agency. The company is based in Kuala Lumpur, Malaysia.
                                               Berjaya Land Berhad is a subsidiary of Berjaya Corporation
                                               Berhad.




Berjaya Sports Toto Bhd          KLSE:BJTOTO   Berjaya Sports Toto Berhad, through its subsidiaries, primarily    1,595.4   1,632.7
(KLSE:BJTOTO)                                  operates Toto betting in Malaysia. It also involves in the lease
                                               of online lottery equipment; manufactures and distributes
                                               computerized lottery systems; and invests in and develops
                                               property. Berjaya Sports Toto was formerly known as Far East
                                               Asset Berhad and changed its name to Berjaya Sports Toto
                                               Berhad in May 1993. The company was founded in 1969 and
                                               is based in Kuala Lumpur, Malaysia. Berjaya Sports Toto
                                               Berhad operates as a subsidiary of Berjaya Corporation
                                               Berhad.
Betsson AB (OM:BETS B)         OM:BETS B   Betsson AB, through its subsidiaries, owns and administers         390.1    364.7
                                           Internet gambling companies in Sweden, Malta, and the
                                           United Kingdom. The company manages various online
                                           games through its gaming portals, such as Betsson.com,
                                           CasinoEuro.com, and CherryCasino.com sites, as well as
                                           develops software for the gaming business. It offers various
                                           poker games, such as Texas Hold’em, Omaha, 7 Card Stud,
                                           and Black Jack. The company, through its casinos, provides
                                           slot machines, quick bingo, Keno, and various other games
                                           for both experienced and inexperienced gamblers. Its products
                                           also include Sportsbook for betting on the Internet for sporting
                                           events, politics, and entertainment; Exchange, a marketplace
                                           for betting, where customers gamble directly against each
                                           other; Trio scratch cards; and trotting races, dice games, and
                                           wheel of fortune. In addition, the company’s products include
                                           Trader for betting on Swedish, Finnish, and Norwegian shares
                                           and indexes at fixed odds to the traditional stock, warrant, and
                                           option markets; and Internet bingo for younger players,
                                           primarily women aged between 25 and 45 in Norway,
                                           Denmark, the United Kingdom, France, and Turkey. Betsson
                                           AB was formerly known as The Cherry. The company was
                                           founded in 1963 and is headquartered in Stockholm, Sweden.
Boyd Gaming Corp. (NYSE:BYD)   NYSE:BYD    Boyd Gaming Corporation, together with its subsidiaries,           431.2   2,941.2
                                           operates as a multi jurisdictional gaming company in the
                                           United States. As of December 31, 2007, the company owned
                                           and operated 15 casino entertainment facilities located in
                                           Nevada, Illinois, Louisiana, Mississippi, Indiana, and New
                                           Jersey. It owned approximately 817,000 square feet of casino
                                           space, containing approximately 23,000 slot machines, 500
                                           table games, and 7,300 hotel rooms. The company also owns
                                           and operates a pari-mutuel jai alai facility located in Dania
                                           Beach, Florida; two travel agencies; and an insurance
                                           company that underwrites travel-related insurance. In addition,
                                           Boyd Gaming Corporation is a 50% partner in a joint venture
                                           that owns a limited liability company that operates Borgata
                                           Hotel Casino and Spa in Atlantic City, New Jersey. The
                                           company was founded in 1988 and is headquartered in Las
                                           Vegas, Nevada.
bwin Interactive Entertainment AG   WBAG:BWIN   bwin Interactive Entertainment AG, through its subsidiaries,     859.8   683.1
(WBAG:BWIN)                                     operates as a gaming portfolio via the Internet and mobile
                                                devices in Europe, America, and Asia. It offers poker, casino
                                                games, soft and skill games, as well as audio and video
                                                streaming of sporting events, such as the German
                                                Bundesliga. The company also provides conventional sports
                                                betting and live betting services. Its casino games include
                                                Blackjack, Roulette, Baccarat, and Craps to slot machines
                                                and Videopoker. In addition, bwin offers a multiplayer poker
                                                application in the field of B2C and B2B. bwin Interactive
                                                Entertainment AG was founded in 1997 and is based in
                                                Vienna, Austria.


China LotSynergy Holdings Ltd.      SEHK:8161   China LotSynergy Holdings Limited, an investment holding         121.3    82.5
(SEHK:8161)                                     company, engages in the investment and project
                                                development, as well as in the provision of technologies and
                                                equipment, and consultancy services in public welfare lottery
                                                business and related sectors in the Peoples’ Republic of
                                                China. The company also engages in the provision of video
                                                lottery terminals; research and development of lottery system
                                                and equipment; research, development, and manufacture of
                                                lottery ticket scanners and terminal equipment; and
                                                development of system and game. China LotSynergy
                                                Holdings, through its joint venture with Tabcorp International
                                                Hong Kong Limited, operates KENO gaming system and
                                                terminals, as well as provides related technology. The
                                                company, formerly WorldMetal Holdings Limited, is
                                                headquartered in Wanchai, Hong Kong.
Churchill Downs Inc.      NasdaqGS:CHDN   Churchill Downs Incorporated owns and operates pari-mutuel       465.6    502.8
(NasdaqGS:CHDN)                           wagering properties and businesses in the United States. It
                                          offers gaming products through its slot and video poker
                                          operations in Louisiana. The company manages operations
                                          through Churchill Downs Racetrack, a thoroughbred racing
                                          operation in Louisville, Kentucky; Arlington Park, a
                                          thoroughbred racing in Arlington Heights with 11 off-track
                                          betting facilities in Illinois; Calder Race Course, a
                                          thoroughbred racing in Miami Gardens, Florida; Fair Grounds,
                                          a thoroughbred racing in New Orleans with 9 OTBs and a slot
                                          facility in Louisiana; and Video Services, Inc., the owner and
                                          operator of approximately 600 video poker machines in
                                          Louisiana. It also owns interest in Churchill Downs Simulcast
                                          Productions, LLC, which provides television production and
                                          integration of computer graphic software to the racing
                                          industry. The company was founded in 1928 and is based in
                                          Louisville, Kentucky.



Codere, S.A. (CATS:CDR)   CATS:CDR        Codere, S.A., a gaming company, engages in the                   516.6   1,370.9
                                          management of slot machines, bingo halls, horse racing
                                          tracks, casinos, and off-track betting facilities in Spain,
                                          Mexico, Argentina, Colombia, Italy, Uruguay, Panama, and
                                          Brazil. As of December 31, 2006, the company managed
                                          approximately 45,230 slot machines and electronic bingo
                                          terminals; 116 bingo halls; 50 off-track betting facilities; 2
                                          horse racing tracks; and 5 casinos. It also managed and
                                          operated 13,995 AWP machines in Spain. The company was
                                          founded in 1980 and is headquartered in Madrid, Spain.
Crown Limited (ASX:CWN)          ASX:CWN      Crown Limited, through its subsidiaries, operates in the            2,525.4   2,531.0
                                              gaming industry in Australia. The company primarily operates
                                              two gaming and entertainment complexes, including Crown
                                              Melbourne located in Victoria, and Burswood located in
                                              Western Australia. These complexes comprise a casino,
                                              hotels, food, beverage, and shopping facilities, and other
                                              entertainment. Its Crown Melbourne complex comprises
                                              Crown Casino featuring 2,500 electronic gaming machines
                                              and 350 table games; and 2 hotels, Crown Towers and Crown
                                              Promenade, with a total of 947 rooms including 31 luxury
                                              villas. The company’s Burswood complex include 1,750 slot
                                              machines and 170 table games, 2 hotels with 693 rooms,
                                              20,000 seat burswood dome, burswood theatre and
                                              convention centre, 14 restaurants and bars, and retail outlets.
                                              The company, formerly known as Arterial Limited, was
                                              incorporated in 2007 and is based in Melbourne, Australia.




Dover Downs Gaming & Entertainment NYSE:DDE   Dover Downs Gaming & Entertainment, Inc., through its                121.8     212.3
Inc. (NYSE:DDE)                               subsidiaries, operates as a gaming and entertainment
                                              company in the United States. Its operations consist of Dover
                                              Downs Casino, a 97,000 square foot video lottery casino
                                              complex; the Dover Downs Hotel, featuring the slot machine
                                              offerings, including multi-player electronic table games with
                                              virtual dealers; the Dover Downs Hotel and Conference
                                              Center, a 500 room AAA Four Diamond hotel with conference,
                                              banquet, fine dining, ballroom, concert hall, and spa facilities;
                                              and Dover Downs Raceway, a harness racing track with pari-
                                              mutuel wagering on live and simulcast horse races. As of
                                              December 31, 2007, Dover Downs Slots operated 2,717 slot
                                              machines; and Dover Downs Hotel featured 500 rooms, a
                                              multipurpose ballroom/concert hall, a dining restaurant,
                                              swimming pool, and health spa. The company was founded in
                                              1969 and is based in Dover, Delaware. Dover Downs Gaming
                                              & Entertainment Inc. (NYSE:DDE) operates independently of
                                              Dover Motorsports Inc. as of March 31, 2002.




Estoril Sol, SA (ENXTLS:ESO)     ENXTLS:ESO   Estoril Sol's main activities are the operation of a casino,         129.3     334.1
                                              gambling arcades, concessions, tourism, leisure venues,
                                              hotels, restaurants, art galleries, and investments.
Galaxy Entertainment Group Limited   SEHK:27        Galaxy Entertainment Group Limited, an investment holding         619.8   668.6
(SEHK:27)                                           company, engages in the operation of gaming and
                                                    entertainment facilities in Macau. It also manufactures, sells,
                                                    and distributes construction materials in Hong Kong, Macau,
                                                    and Mainland China. The company’s construction material
                                                    products include concrete pipes and products, asphalt,
                                                    concrete piles, ready-mixed concrete, and slag. In addition,
                                                    Galaxy Entertainment Group involves in the property
                                                    investment, quarrying, equipment leasing, and hospitality
                                                    activities; and provision of management services. The
                                                    company is based in Central, Hong Kong.


GameHi Co.,Ltd. (KOSE:A041140)       KOSE:A041140   GameHi, Inc. develops online games in South Korea. It offers      122.5   153.2
                                                    3D MMORPG, avatar, sudden attack, gogoxing, and casual
                                                    games for game players. The company was founded in 2002
                                                    and is based in Seoul, South Korea.
Gamehost Income Fund (TSX:GH.UN) TSX:GH.UN          Gamehost Income Fund operates as an unincorporated open-          113.7   127.1
                                                    ended limited purpose trust in Canada. It engages in the
                                                    ownership and operation of table games; and the operation of
                                                    government owned slot machines lottery ticket outlets. The
                                                    company’s hotel operations include full and limited service
                                                    hotels, and banquet and convention services. It operates two
                                                    casinos, which include the Boomtown Casino is located in Ft.
                                                    McMurray; and the Great Northern Casino is located in
                                                    Grande Prairie. The company also operates Service Plus Inns
                                                    & Suites hotel and multi-tenant retail complex, strip mall,
                                                    comprising a restaurant, pub, and liquor store. In addition, it
                                                    has 40% joint venture in the Deerfoot Inn & Casino, Inc.
                                                    located in Calgary. The company was founded in 2003 and is
                                                    based in Red Deer, Canada.
Genting Berhad (KLSE:GENTING)         KLSE:GENTING   Genting Berhad operates as an investment holding company.          3,710.0   5,047.5
                                                     The company operates in five divisions: Leisure & Hospitality,
                                                     Plantation, Property, Oil & Gas, and Power. The Leisure &
                                                     Hospitality division operates hotel, resort, gaming, and
                                                     entertainment businesses; and provides tours and travel-
                                                     related services, and other support services. The Plantation
                                                     division involves in oil palm plantations, palm oil milling, and
                                                     related activities. The Property division engages in the
                                                     property development, and letting of land and premises. The
                                                     Oil and Gas division involves in oil and gas exploration,
                                                     development, production, and sale of crude oil. The Power
                                                     division engages in the generation and supply of electric
                                                     power. The company also provides advisory, technical, and
                                                     administrative services to oil and gas companies; risk and
                                                     insurance management consultancy; project management
                                                     services; information technology related services and
                                                     marketing; research and development of software and
                                                     consultancy services; and offshore insurance and finance. In
                                                     addition, Genting involves in leasing and money lending; golf
                                                     course and casino operations; manufacturing and trading of
                                                     bio-oil; provision of cable car management services; provision
                                                     and sale of utilities consisting of treatment and supply of
                                                     water; cruise and cruise related operations; and management
Genting International plc (SGX:G13)   SGX:G13        Genting International Public Limited Company, through its          2,751.6   2,776.8
                                                     subsidiaries, engages in the development and operation of
                                                     integrated resorts in the United Kingdom and the Asia Pacific.
                                                     It also involves in the operation of casinos; provision of
                                                     tourism and hospitality services; operation of online gaming;
                                                     and provision of sales and marketing services, and
                                                     information technology (IT) related services to leisure and
                                                     hospitality related businesses. In addition, the company offers
                                                     IT/data centre and consultancy, and research and
                                                     development of software and consultancy services. As of
                                                     December 31, 2007, it operated 46 casinos in the United
                                                     Kingdom. The company was incorporated in 1984. Genting
                                                     International PLC was formerly known as Genting Overseas
                                                     Limited and changed its name to Genting International Limited
                                                     in 1986. Later, it changed its name to Genting International
                                                     Public Limited Company in 1987. The company is
                                                     headquartered in Tsimshatsui, Hong Kong. Genting
                                                     International PLC is the subsidiary of Genting Berhad.
Gold Reef Casino Resorts Ltd.   JSE:GDF       Gold Reef Resorts Limited operates as a gaming and                460.0   610.7
(JSE:GDF)                                     entertainment company in South Africa. It primarily provides
                                              casinos and theme parks, hotel, restaurant, entertainment,
                                              conference, and golf course facilities. The company’s portfolio
                                              consists of Gold Reef City, Silverstar Casino, Golden Horse
                                              Casino, Mykonos Casino, Garden Route Casino, Goldfields
                                              Casino, and Queens Casino. Gold Reef Casino Resorts
                                              Limited is based in Johannesburg, South Africa.


Great Canadian Gaming Corp.     TSX:GC        Great Canadian Gaming Corporation operates in the gaming          241.0   492.2
(TSX:GC)                                      and entertainment industry in the United States and Canada.
                                              As of March 10, 2008, it operated 10 casinos, a thoroughbred
                                              racetrack that offers slot machines, 4 standardbred
                                              racetracks, a community gaming centre, a hotel and
                                              conference centre, 2 show theatres, and various associated
                                              food and beverage, and entertainment facilities. Great
                                              Canadian Gaming has operations primarily in British
                                              Columbia, Ontario, and Nova Scotia, Canada; and
                                              Washington, the United States. The company was founded in
                                              1990 and is based in Richmond, Canada.


Groupe Partouche SA             ENXTPA:PARP   Groupe Partouche SA operates casinos and slot machines in         139.1   610.3
(ENXTPA:PARP)                                 France. The company provides table games, such as bowl
                                              game, roulette, poker, black jack, and card games; and
                                              automatic games, which include slot machines, roll machines,
                                              and video games. It also operates hotels, restaurants, and
                                              nightclubs. The company operates 58 casinos through its
                                              direct and indirect subsidiaries. It primarily serves traders,
                                              businessmen, working population, and senior citizens and
                                              pensioners. Groupe Partouche was founded in 1973 and is
                                              headquartered in Paris, France.
International Game Technology   NYSE:IGT         International Game Technology engages in the design,                 2,975.5   4,996.6
(NYSE:IGT)                                       manufacture, and marketing of computerized gaming
                                                 equipment, network systems, and services in North America
                                                 and internationally. It also involves in licensing of intellectual
                                                 property. The company provides casino-style slot machines
                                                 encompassing classic physical reel slots, video poker slots,
                                                 video reel slots, and Class III, a regulatory classification for a
                                                 casino-style slot machine used in tribal jurisdictions; wide area
                                                 progressive jackpot systems; central determination system
                                                 machines, including video lottery terminals for government
                                                 sponsored applications, electronic or video bingo machines,
                                                 and Class II, a regulatory classification for electronic bingo
                                                 systems used in tribal jurisdictions; Pachisuro machines; and
                                                 IGT network system, a suite of integrated casino management
                                                 solutions for machine accounting, patron management, cage
                                                 and table accounting, ticket in/ticket out, bonusing, and table
                                                 game automation. It also offers integrated casino customer
                                                 relationship management solutions; multi-player suite that
                                                 provides community-style gaming on a common display; and
                                                 Digideal electronic table games. In addition, the company
                                                 supplies integrated casino and jackpot management solutions
                                                 for the gaming industry worldwide. Its products include
                                                 multiple forms of regulated wagering solutions in wired,
Intralot SA (ATSE:INLOT)        ATSE:INLOT       INTRALOT S.A., through its subsidiaries, supplies integrated          697.8    1,011.3
                                                 gaming and transaction processing systems, game content,
                                                 and value added services to state-licensed gaming
                                                 organizations and financial services providers worldwide. The
                                                 company offers hardware, software, and technical support
                                                 services, including gaming machines, central computer
                                                 systems, gaming software, communication systems, and
                                                 installation services to the lotteries for operating online
                                                 games. It also provides design, organization, and/or
                                                 management of games; advertising and sales promotion;
                                                 establishment of sales network; and risk management
                                                 services for lottery games organization. The company was
                                                 founded in 1992 and is based in Athens, Greece.


Kangwon Land Corp. (KOSE:A035250) KOSE:A035250   Kangwon Land corporation engages in the operation of hotel,          1,995.6   1,618.6
                                                 casino, and resorts in Korea. It operates Kangwon Land Hotel,
                                                 casino, theme park, golf course, Golftel resort, and skiing
                                                 ground. The company was founded in 1998 and is based in
                                                 Kangwondo, South Korea.
Ladbrokes PLC (LSE:LAD)            LSE:LAD    Ladbrokes PLC operates as a betting and gaming company.             1,679.1    3,197.1
                                              As of December 31, 2007, the company owned a network of
                                              2,640 retail betting shops in the United Kingdom, Ireland,
                                              Belgium, and Italy. The company operates a remote betting
                                              and gaming site, Ladbrokes.com, which provides interactive
                                              betting and gaming services. It also involves in telephone
                                              betting business that serves customers through its call centers
                                              in London, Liverpool, and Kuala Lumpur. In addition, the
                                              company, through its online Sportsbook, offers various odds
                                              on international racing, sports, and events, as well as provides
                                              a Betting-in-Play service offering commentary, statistics, and
                                              up to the minute odds on the day’s sporting fixtures. Further, it
                                              operates the Ladbrokes casino and sports bar that offer a live
                                              casino with a range of gaming tables. The company has a
                                              joint venture with Cirsa Slot to develop a sports betting
                                              business in Spain. Ladbrokes PLC was founded in 1886. It
                                              was formerly known as Ladbroke Group plc and changed its
                                              name to Hilton Group plc in 1999. Further, the company
                                              changed its name to Ladbrokes plc in 2006. Ladbrokes PLC is
                                              headquartered in Harrow, the United Kingdom.



Las Vegas Sands Corp. (NYSE:LVS)   NYSE:LVS   Las Vegas Sands Corp. and its subsidiaries develop multi use        2,554.5   11,629.0
                                              integrated resorts worldwide. It owns the Venetian resort-hotel-
                                              casino and the Sands Expo and Convention Center in Las
                                              Vegas, Nevada; and The Sands Macao Casino in Macao, the
                                              People’s Republic of China (PRC). The company’s casino
                                              resorts include hotels, exhibition and conference facilities,
                                              casinos, showrooms, shopping malls, spas, restaurants and
                                              entertainment facilities, expo and convention centers, and
                                              other attractions and amenities, as well as public common
                                              areas. It is also developing the Venetian Macao resort-hotel in
                                              Macao, the PRC; the Palazzo resort-hotel-casino in Las
                                              Vegas, Nevada; Sands Bethworks in Bethlehem,
                                              Pennsylvania; and the Marina Bay Sands in Singapore. The
                                              company was founded in 1988 and is headquartered in Las
                                              Vegas, Nevada.
Lottomatica SpA (CM:LTO)         CM:LTO          Lottomatica S.p.A., along with its subsidiaries, engages in the     2,686.7   6,414.0
                                                 operation of lottery and other public games worldwide. The
                                                 company operates through three segments: Lottery, Gaming
                                                 Solutions, and Commercial Services. Its Lottery segment
                                                 operates and provides various services, technology, and
                                                 products to government sponsored online, instant, and
                                                 traditional lotteries; fixed odds sports betting; and pari-mutuel
                                                 betting and sports pools. The company’s Gaming Solutions
                                                 segment provides solutions, products, and services relating to
                                                 video lottery terminals (VLTs) and systems for VLTs and
                                                 amusement with prize machines. Its Commercial Services
                                                 segment performs transaction processing of non-lottery
                                                 commercial transactions, such as prepaid cellular telephone
                                                 recharges, bill payments, electronic tax payments, utility
                                                 payments, and retail-based programs. As of December 31,
                                                 2007, the company operated 80,000 terminals in 90,000
                                                 points of sale comprised of tobacconists, bars, petrol stations,
                                                 newspaper stands, and motorway restaurants. The company
                                                 is based in Rome, Italy. Lottomatica S.p.A. is a subsidiary of
                                                 De Agostini S.p.A.



Melco Crown Entertainment Ltd.   NasdaqGS:MPEL   Melco Crown Entertainment Limited, through its subsidiaries,        1,114.0   1,383.5
(NasdaqGS:MPEL)                                  engages in the development, ownership, and operation of
                                                 casino gaming and entertainment resort facilities in Macau. It
                                                 owns and operates Crown Macau resort that features a casino
                                                 area of approximately 183,000 square feet with a total of 240
                                                 gaming tables and 240 gaming machines, as well as hotel
                                                 rooms, fine dining and casual restaurants, recreation and
                                                 leisure facilities, and meeting facilities; Mocha Clubs, which
                                                 provide single player machines with various games, including
                                                 progressive jackpots; and multi-player games where players
                                                 on linked machines play against each other in electronic
                                                 roulette, baccarat, and sicbo. As of December 31, 2007, the
                                                 company operated 7 Mocha Clubs in Macau with a total of
                                                 approximately 1,100 gaming machines. In addition, Melco
                                                 Crown Entertainment is developing City of Dreams project, an
                                                 integrated urban entertainment resort, combining casino with
                                                 hotel offerings, entertainment venues, a performance theatre,
                                                 retail, and food and beverage outlets. The company, formerly
                                                 known as Melco PBL Entertainment (Macau) Limited, is based
                                                 in Central, Hong Kong.
MGM Mirage (NYSE:MGM)          NYSE:MGM        MGM MIRAGE, through its subsidiaries, owns and operates              1,548.4   14,586.6
                                               casino resorts in the United States. The company’s resorts
                                               offer gaming, hotel, dining, entertainment, retail, and other
                                               resort amenities. It also owns and operates golf courses and a
                                               golf club. As of September 30, 2008, the company’s
                                               properties consisted of 17 wholly-owned casino resorts and
                                               50% investments in 4 other casino resorts. It has a strategic
                                               alliance with the Mashantucket Pequot Tribal Nation, which
                                               owns and operates Foxwoods Casino Resort in Ledyard,
                                               Connecticut. The company, formerly known as MGM Grand,
                                               Inc., was founded in 1986 and is based in Las Vegas,
                                               Nevada. MGM MIRAGE is a subsidiary of Tracinda
                                               Corporation.


Monarch Casino & Resort Inc.   NasdaqGS:MCRI   Monarch Casino & Resort, Inc., through its subsidiary, Golden         159.6      191.5
(NasdaqGS:MCRI)                                Road Motor Inn, Inc., owns and operates tropically-themed
                                               Atlantis Casino Resort Spa, a hotel/casino facility in Reno,
                                               Nevada. As of December 31, 2007, Atlantis Casino Resort
                                               Spa featured approximately 51,000 square feet of casino
                                               space; a hotel and a motor lodge with 969 guest rooms; 9
                                               food outlets; an enclosed year-round pool with waterfall; an
                                               outdoor pool; a health spa; 2 retail outlets offering clothing and
                                               traditional gift shop merchandise; a full service salon for men
                                               and women; an 8,000 square-foot family entertainment center;
                                               and approximately 25,000 square feet of banquet, convention,
                                               and meeting room space. It also operated approximately
                                               1,450 slot and video poker machines; approximately 38 table
                                               games, including blackjack, craps, roulette, and others; a
                                               sports book; and a poker room. The company was founded in
                                               1972 and is based in Reno, Nevada.




NagaCorp Ltd. (SEHK:3918)      SEHK:3918       NagaCorp, Ltd. engages in the ownership and operation of              200.1      153.2
                                               licensed casino in Phnom Penh, the capital of Cambodia. It
                                               also involves in leasing gaming machine stations; and
                                               operating a food and beverage outlet, and a restaurant. As of
                                               December 31, 2007, the company had a total of 101 gaming
                                               tables and 211 gaming machine stations. NagaCorp is based
                                               in Phnom Penh, Cambodia.


Nippon Game Card Corporation   JASDAQ:6261     Nippon Game Card Corporation offers prepaid card services             146.6      (92.5)
(JASDAQ:6261)                                  for amusement parks and leisure facilities. The company was
                                               founded in 1989 and is based in Tokyo, Japan.
Olympic Entertainment Group   TLSE:OEG1T   Olympic Entertainment Group AS, operating under the brand           117.0     116.3
(TLSE:OEG1T)                               name Olympic Casino, provides casino entertainment
                                           services primarily in Baltic countries. The company operates
                                           slot and table casinos, and casino bars at its casinos. It also
                                           engages in the operation of hotels, as well as provision of
                                           catering and bar services. As of December 31, 2007, Olympic
                                           Casino had 122 casinos, including 35 in Estonia, 38 in Latvia,
                                           15 in Lithuania, 19 in Ukraine, 4 in Belarus, 8 in Poland, and 3
                                           in Romania. The company was founded in 1993 and is based
                                           in Tallinn, Estonia.


OPAP SA (ATSE:OPAP)           ATSE:OPAP    OPAP S.A. operates and manages numerical lottery and               8,673.6   7,850.1
                                           sports betting games in Greece and Cyprus. As of December
                                           31, 2007, the company operated six numerical lottery games,
                                           including Joker, Lotto, Proto, Extra 5, Super 3, and Kino; and
                                           three sports betting games consisting of Stihima, Propo, and
                                           Propo-goal. It also designed new lottery games, including
                                           Bingo and Super 4. OPAP distributes its games through an
                                           online network of approximately 5,316 agents. The company
                                           was founded in 1958 and is based in Athens, Greece.


Paddy Power plc (ISE:PLS)     ISE:PLS      Paddy Power plc provides sports betting services through a          712.0     609.9
                                           chain of licensed betting offices in Ireland and the United
                                           Kingdom. Its services include sports betting, fixed odds
                                           games betting, online casino and games, and peer to peer
                                           games, including online poker and bingo. The company also
                                           offers online interactive betting and telephone betting
                                           services. It provides online gaming services through
                                           paddypower.com, paddypowerpoker.com,
                                           paddypowercasino.com, and paddypowerbingo.com, as well
                                           as financial spread betting services through
                                           paddypowertrader.com. The company was founded in 1988
                                           and is based in Dublin, Ireland.
Paradise Co., Ltd. (KOSE:A034230)   KOSE:A034230    Paradise Co., Ltd., through its subsidiaries, primarily operates    164.8     206.3
                                                    casinos and hotels in Korea. It casinos offers black Jack,
                                                    Bakara, roulette, and slot machine games. The company’s
                                                    hotels feature indoor saunas; outdoor hot spring spas; outdoor
                                                    swimming pools; restaurants and ballrooms; gym and aerobic
                                                    centers / outdoor jogging tracks / indoor golf driving ranges;
                                                    golf clinic centers; paradia; and duty free shops. Paradise Co.
                                                    also operates a hotel in Nairobi, Kenya that offers outdoor
                                                    swimming pools, saunas, gym, and western, Japanese,
                                                    Italian, Chinese, and African restaurants and disco clubs,
                                                    bars, and casino. In addition, it operates duty free shops in
                                                    Haeundae and Daegu airports, and operates a youth hostel
                                                    that offers guestrooms, ballrooms, cafeteria, and campfire
                                                    site. The company was founded by Chun Rak-Won in 1972
                                                    and is headquartered in Seoul, South Korea.




PartyGaming Plc (LSE:PRTY)          LSE:PRTY        PartyGaming Plc operates as an online gaming company. It           1,008.8    897.9
                                                    offers online poker, casino, bingo, backgammon, and sports
                                                    betting through PartyPoker.com, PartyCasino.com,
                                                    PartyBingo.com, PartyGammon.com, PartyBets.com,
                                                    Gamebookers.com, and EmpirePoker.com gaming sites. The
                                                    company also offers its products under EmpirePoker, Noble
                                                    Poker, ClubDiceCasino, EnterCasino, MissBingo,
                                                    MagicBoxCasino, MultiPoker, FairPoker, Starluck Casino
                                                    Online, and Planetluck Casino Online brand names. It
                                                    operates in Europe, the Middle East, Africa, Canada, Central
                                                    America, Latin America, South America, and the Asia Pacific.
                                                    PartyGaming has business alliances with ITV, the English
                                                    Football League, Sporting Index, Paramount, and RTL. The
                                                    company was founded in 1997 and is headquartered in
                                                    Gibraltar, Gibraltar.


Penn National Gaming Inc.           NasdaqGS:PENN   Penn National Gaming, Inc. engages in the ownership and            1,603.9   3,886.2
(NasdaqGS:PENN)                                     operation of gaming and pari-mutuel properties in the United
                                                    States. As of December 31, 2007, it operated 23,077 gaming
                                                    machines and 398 table games, as well as 19 facilities in 15
                                                    jurisdictions, including Colorado, Florida, Illinois, Indiana,
                                                    Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey,
                                                    New Mexico, Ohio, Pennsylvania, West Virginia, and Ontario.
                                                    The company was founded in 1982. It was formerly known as
                                                    PNRC Corp. and changed its name to Penn National Gaming,
                                                    Inc. in 1994. Penn National is based in Wyomissing,
                                                    Pennsylvania.
Pinnacle Entertainment Inc.            NYSE:PNK     Pinnacle Entertainment, Inc. develops, owns, and operates          421.7   1,196.3
(NYSE:PNK)                                          casinos, and related hospitality and entertainment facilities in
                                                    the United States. As of December 31, 2007, the company
                                                    operated six casino destinations, which include L’Auberge du
                                                    Lac in Lake Charles, Louisiana; Boomtown New Orleans in
                                                    New Orleans, Louisiana; Belterra Casino Resort in Vevay,
                                                    Indiana; Boomtown Bossier City in Bossier City, Louisiana;
                                                    Lumiere Place-St. Louis Casino in St. Louis, Missouri; and
                                                    Boomtown Reno in Reno, Nevada. It also operates Casino
                                                    Magic, which consists of various casinos in the Patagonia
                                                    region of Argentina; and The Casino at Emerald Bay in the
                                                    Bahamas. The company was founded in 1938. It was formerly
                                                    known as Hollywood Park Realty Enterprises, Inc. and
                                                    changed its name to Hollywood Park, Inc. in 1992. Further,
                                                    the company changed its name to Pinnacle Entertainment,
                                                    Inc. in 2000. Pinnacle Entertainment is based in Las Vegas,
                                                    Nevada.




Pollard Holdings Limited Partnership   TSX:PBL.UN   Pollard Holdings Limited Partnership, through its subsidiaries,    121.4    178.5
(TSX:PBL.UN)                                        engages in the manufacture and sale of products and services
                                                    to lottery and charitable gaming industries worldwide. It offers
                                                    a line of instant-win scratch tickets and instant ticket vending
                                                    machines. The company also offers charitable gaming
                                                    products, such as pull-tab tickets, bingo paper, and pull-tab
                                                    vending machines, as well as ancillary products, including pull-
                                                    tab counting machines. In addition, it markets promotional
                                                    scratch and win, transit tickets, and parking passes to the
                                                    commercial gaming and security sector, as well as Fusion
                                                    games. Further, the company offers lottery management
                                                    services, including market research, strategic planning and
                                                    game development, graphic design, research and
                                                    development, prize structure consultation and development,
                                                    administration and accounting, online and offline validation,
                                                    corporate retailer recruitment and training, warehousing,
                                                    packaging and distribution, inventory management, ordering
                                                    systems, reporting systems, promotions, retailer/player
                                                    promotional games, and Internet/Web design. Pollard Amalco,
                                                    Inc. is the general partner of the company. The company was
                                                    founded in 1907 and is headquartered in Winnipeg, Canada.
Resorts World Bhd (KLSE:RESORTS) KLSE:RESORTS   Resorts World Bhd, through its subsidiaries, engages in              3,576.8   2,309.7
                                                tourist resort business in Malaysia. It offers various leisure and
                                                hospitality services, which comprise gaming, hotel,
                                                entertainment, and amusement. The company’s activities also
                                                include land and property development; renting of its
                                                apartment; renting part of its leasehold land; sale and letting
                                                of completed apartment units; sale and letting of land and
                                                property; and provision of property upkeep services. In
                                                addition, Resorts World involves the in offshore financing;
                                                provision of cable car services; and ownership and operation
                                                of aircraft. Further, it engages in the condotel and hotel
                                                business; golf resort and property development; acts as a
                                                show agent; and provides tour and travel related services;
                                                utilities services and the collection and disposal of garbage at
                                                resorts; and provides offshore captive insurance. The
                                                company is based in Kuala Lumpur, Malaysia.




Rexcapital Financial Holdings Ltd.   SEHK:555   REXCAPITAL Financial Holdings Limited, through its                    271.9     244.1
(SEHK:555)                                      subsidiaries, primarily engages in the development and
                                                production of lottery machines, related operating software
                                                system, and networks for lottery industry in the People’s
                                                Republic of China and Hong Kong. It also provides a range of
                                                financial advisory and related services, including securities
                                                underwriting, stockbroking services, money lending, margin
                                                financing, futures broking, online trading, corporate finance
                                                and advisory services, and asset management to individuals
                                                and corporations. The company’s services include online
                                                stockbroking service trading services for index and stock
                                                futures/options; professional investment advisory and analysis
                                                services, and fund management services; financial advisory
                                                and loan services to commercial and corporate clients for
                                                corporate and business development; and various services in
                                                the area of corporate finance and corporate restructuring,
                                                mergers and acquisitions, and related financing activities.
                                                REXCAPITAL Financial Holdings is headquartered in Central,
                                                Hong Kong.
Scientific Games Corp.            NasdaqGS:SGMS     Scientific Games Corporation supplies technology-based             1,236.2   2,345.5
(NasdaqGS:SGMS)                                     products, systems, and services to gaming markets
                                                    worldwide. The company operates in three segments: Printed
                                                    Products, Lottery Systems, and Diversified Gaming. The
                                                    Printed Products segment offers instant lottery tickets and
                                                    related services, including ticket design and manufacturing, as
                                                    well as value-added services, such as game design, sales and
                                                    marketing support, specialty games and promotions, inventory
                                                    management, and warehousing and fulfillment services. This
                                                    segment also provides paper-based prepaid phone cards. The
                                                    Lottery Systems segment offers customized computer
                                                    software, equipment, and data communication services to
                                                    government-sponsored and privately-operated lotteries. It
                                                    provides transaction processing software for the accounting
                                                    and validation of instant and online lottery games, point-of-
                                                    sale terminals, central site computers, and communications
                                                    technology, as well as ongoing support and maintenance for
                                                    these products. This segment also includes software and
                                                    hardware, and support services for sports betting and
                                                    operation of credit card processing systems. The Diversified
                                                    Gaming segment offers services and systems to private and
                                                    public operators in the wide area gaming markets and in the
                                                    pari-mutuel wagering industry. Its product offering includes
                                                    server-based gaming machines, video lottery terminals,
Shuffle Master Inc. (NasdaqGS:SHFL) NasdaqGS:SHFL   Shuffle Master, Inc., a gaming supply company, engages in           163.6     283.6
                                                    the development, manufacture, and marketing of technology
                                                    and entertainment-based products for the gaming industry
                                                    worldwide. It operates in four segments: Utility, Proprietary
                                                    Table Games, Electronic Table Systems, and Electronic
                                                    Gaming Machines. The Utility segment offers automatic card
                                                    shufflers, including single deck, batch, and continuous
                                                    shufflers used in card table games. These products include i-
                                                    Deal, ACE, Deck Mate, King, one2six, MD1, and MD2. This
                                                    segment also offers chip sorting machines used on roulette
                                                    tables; and develops other products, including intelligent table
                                                    systems components, such as i-Shoe Auto card reading shoe,
                                                    i-Score baccarat viewer, and roulette chip sorters. The
                                                    Proprietary Table Games segment provides live table games,
                                                    including poker, blackjack, baccarat, and pai gow poker-based
                                                    table games, progressive table games with bonusing options,
                                                    and side bets. This segment also offers proprietary table
                                                    game licensing for other gaming media. The Electronic Table
                                                    Systems segment provides e-Table platforms, such as Table
                                                    Master, Vegas star, Rapid Table Games, and i-Table. The
                                                    Electronic Gaming Machines segment offers PC-based video
                                                    slot machines with a selection of video slot titles, which
                                                    include a range of bonus round options. It markets its
SJM Holdings Limited (SEHK:880)     SEHK:880   SJM Holdings Limited, through its subsidiary, Sociedade de        1,032.0   1,170.3
                                               Jogos de Macau S.A., engages in the casino gaming industry
                                               in Macau. The company’s gaming operations comprise VIP
                                               table gaming, mass market table gaming, and slot machines.
                                               It operates approximately 19 casinos located in prime
                                               locations in the Macau Peninsula and Taipa Island. The
                                               company was founded in 2001 and is based in Central, Hong
                                               Kong.
Sky City Entertainment Group Ltd.   NZSE:SKC   SKYCITY Entertainment Group Limited operates in the                747.4    1,234.0
(NZSE:SKC)                                     entertainment, hotel and convention, hospitality, recreation,
                                               and tourism sectors in Australia, New Zealand, and Fiji. It
                                               involves in casino operations, hotels and convention, food and
                                               beverage, cinema exhibition, car parking, property rentals, Sky
                                               Tower, and various other related activities. SKYCITY
                                               Entertainment Group Limited, formerly known as SKYCITY
                                               Limited, was founded in 1983 and is based in Auckland, New
                                               Zealand.


SNAI SpA (CM:SNA)                   CM:SNA     Snai S.p.A. engages in the design, construction, and provision     328.1     655.4
                                               of technology and services for accepting bets and gambling.
                                               The company, through its subsidiaries, designs and manages
                                               electronic and satellite instruments for gaming collection. The
                                               services offered by the group include creation of computerized
                                               data transfer networks; designing Internet gambling platforms;
                                               design and production of satellite television channels;
                                               conception and development of gaming venues, and hardware
                                               and software in the IT sector; and organization of sports and
                                               other events, and marketing of all products related to the
                                               gaming and betting market, including integrated
                                               communications launches. It also publishes the newspaper,
                                               Sport & Scomesse, which provides information on results,
                                               forecasts, odds, and analysis. The group was established in
                                               1990.
Societe des Bains de Mer et du Cercle ENXTPA:BAIN   Societe des Bains de Mer et du Cercle des Etrangers a               811.4   531.3
des Etrangers a Monaco                              Monaco engages in the management of a gaming rights
(ENXTPA:BAIN)                                       concession in the Principality of Monaco and districts
                                                    bordering French territory. The company operates in three
                                                    segments: Gaming, Hotel, and Other. The Gaming segment
                                                    combines the gaming table and automatic machine operations
                                                    at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun
                                                    Casino, the Sporting d'Ete on the Larvotto peninsula, and the
                                                    Bay Casino, which are located in the Principality of Monaco.
                                                    The Hotel segment includes the accommodation and catering
                                                    activities, the thalassotherapy, and spa-center. Its hotel
                                                    brands include Hotel de Paris, Hotel Hermitage, Monte-Carlo
                                                    Bay Hotel, Cafe de Paris, Sporting d'Ete, Sporting d'Hiver,
                                                    Thermes Marins de Monte-Carlo, and Monte-Carlo Casino,
                                                    which are located in Monaco; and the Monte-Carlo Beach
                                                    located in French territory. The Other segment involves in
                                                    leasing boutiques, office space, and Bay hotel complex; and
                                                    the operation of the Cafe de Paris drugstore. It also involves in
                                                    various artistic events, such as seminars, exhibitions, and
                                                    shows. The company was founded in 1863 and is
                                                    headquartered in Monte Carlo, Monaco.


Société Fermière du Casino Municipal ENXTPA:FCMC    Société Fermière du Casino Municipal de Cannes operates             354.9   379.6
de Cannes (ENXTPA:FCMC)                             hotels and casinos in France. Its hotels and casinos offer
                                                    suites and rooms, gourmet specialty restaurants and bars,
                                                    business facilities, fitness centers, spas, and banquet and
                                                    meeting facilities. Société Fermière du Casino Municipal de
                                                    Cannes is based in Cannes, France.


Sportech plc (LSE:SPO)             LSE:SPO          Sportech PLC operates football pools and associated games           101.5   216.7
                                                    primarily in the United Kingdom. It operates in two segments,
                                                    Football Gaming and e-Gaming. The Football Gaming
                                                    segment operates football pools under the Littlewoods,
                                                    Vernons, and Zetters brand names, as well as provides
                                                    various games, such as Spot the Ball, Premier 10, Lucky
                                                    Clover, and Lotto. The e-Gaming segment involves in the
                                                    online activities of Littlewoods Poker, Littlewoods Casino,
                                                    Littlewoods Bingo, and Game On. The company is
                                                    headquartered in the London, the United Kingdom.
Sportingbet plc (AIM:SBT)          AIM:SBT   Sportingbet Plc, through its subsidiaries, engages in the            275.7     223.8
                                             interactive licensed betting and gaming operations over the
                                             Internet primarily in Europe, Australia, and Americas. In
                                             Australia, the company also provides interactive betting over
                                             telephone. It offers a range of products, including online sports
                                             betting, casino, poker, and virtual games. The company was
                                             founded in 1998 and is based in London, the United Kingdom.


Sun International Ltd. (JSE:SUI)   JSE:SUI   Sun International Limited engages in the development,                804.9    1,390.3
                                             operation, and management of hotels, resorts, and casinos in
                                             South Africa. The company develops and operates its own
                                             proprietary slots games. It also provides management
                                             services to businesses in the gaming, resorts, and hotel
                                             industries. Sun International was founded in 1983 and is
                                             headquartered in Sandton, South Africa.


Tabcorp Holdings Ltd. (ASX:TAH)    ASX:TAH   Tabcorp Holdings Limited provides a range of leisure and            2,427.7   3,942.1
                                             entertainment services in Australia. It operates in three
                                             segments: Casinos, Wagering, and Gaming. The Casinos
                                             segment operates four hotel and casino properties, including
                                             Star City in Sydney, Conrad Jupiters on the Gold Coast,
                                             Conrad Treasury in Brisbane, and Jupiters Townsville in
                                             Australia. It also manages the Gold Coast Convention and
                                             Exhibition Centre and has an interest in and manages the
                                             Townsville Entertainment and Convention Centre. The
                                             Wagering segment conducts wagering activities through a
                                             network of agencies, hotels, and clubs; provides on course
                                             totalizators at thoroughbred, harness, and greyhound
                                             metropolitan and country race meetings; and offers totalizator
                                             and fixed odds betting on sporting events. This segment also
                                             involves in the television and radio operations focusing on the
                                             racing industry and other sporting activities, including Sky
                                             Channel, a national commercial satellite racing broadcaster;
                                             the Sky Radio Network, with 2KY in Sydney and narrowcast
                                             stations throughout New South Wales; and other domestic
                                             and international broadcasting services. The Gaming segment
                                             owns and operates electronic gaming machines in licensed
                                             hotels and clubs; and operates Club Keno games through a
                                             joint venture arrangement, as well as operates Keno in New
Tatts Group Limited (ASX:TTS)    ASX:TTS       Tatts Group Limited, together with its subsidiaries, provides       2,312.9   2,722.4
                                               gambling and entertainment products and services in
                                               Australia. It operates in five segments: Tatts Pokies, Lotteries,
                                               Wagering, Maxgaming, and Bytecraft Systems. The Tatts
                                               Pokies segment operates gaming machines and Club Keno in
                                               Victoria. The Lotteries segment involves in the operation of
                                               lottery licenses in Victoria, Tasmania, Australian Capital
                                               Territory, and the Northern Territory; and a lottery operator
                                               agreement in Queensland. The Wagering segment conducts
                                               totalisator and fixed odds betting on thoroughbred, harness,
                                               greyhounds, and other sporting events in Queensland, South
                                               Australia, and the Northern Territories. The Maxgaming
                                               segment provides gaming machine monitoring and other
                                               services in Queensland, New South Wales. The Bytecraft
                                               Systems segment engages in the warehouse, installation,
                                               relocation, repair, and maintenance of gaming machines,
                                               lottery and wagering terminals, and other transaction devices.
                                               In addition, Tatts Group holds interests in licensed gaming
                                               operations in South Africa and the United Kingdom. The
                                               company, formerly known as Tattersall's Limited, is
                                               headquartered in Melbourne, Australia.


The Rank Group Plc (LSE:RNK)     LSE:RNK       The Rank Group Plc operates as a gaming company. It                  340.5     733.5
                                               operates bingo clubs under the ‘Mecca Bingo’ name in the
                                               United Kingdom and the ‘Top Rank Espana’ name in Spain;
                                               and casinos under the ‘Grosvenor Casinos’ name in the
                                               United Kingdom and Belgium, and the ‘Blue Square’ name in
                                               the Channel Islands. As of December 31, 2007, the company
                                               operated 147 bingo clubs and casinos. In addition, it offers
                                               online gaming and bookmaking services. The company was
                                               founded in 1937 and is based in Maidenhead, the United
                                               Kingdom.

Unibet Group plc (OM:UNIB SDB)   OM:UNIB SDB   Unibet Group plc, through its subsidiaries, engages in online        443.8     478.9
                                               gambling business worldwide. The company offers a range of
                                               online gambling products, such as sports betting, live betting,
                                               bingo, soft games, online casino, and poker products through
                                               its primary Website, unibet.com, as well as through mobile
                                               phones. It provides opportunities to bet on various sporting
                                               events, including football, tennis, ice hockey, trotting,
                                               basketball, and handball, as well as offers skill games, such
                                               as arcade, sports or card games, Yatzy and Scarab solitaire,
                                               backgammon, couronne, and 8-ball; and scratch cards. The
                                               company was founded in 1997 and is based in Gzira, Malta.
William Hill plc (LSE:WMH)       LSE:WMH    William Hill PLC provides betting services primarily in the         1,234.6   2,754.3
                                            United Kingdom. The company offers fixed odds bookmaking
                                            services; provides odds and takes bets on a range of sporting
                                            and other events; and offers amusement with prizes machines
                                            and fixed odds betting terminals in licensed betting offices. It
                                            also operates online casino, poker, and games sites, as well
                                            as two greyhound stadia. In addition, the company, through its
                                            online operations and joint ventures, offers betting services in
                                            Spain and Italy. As of January 1, 2008, it had 2,234 licensed
                                            betting offices in the United Kingdom, 9 in the Channel
                                            Islands, 2 in the Isle of Man, and 49 in the Republic of Ireland.
                                            William Hill was founded in 1934 and is based in London, the
                                            United Kingdom.


WMS Industries Inc. (NYSE:WMS)   NYSE:WMS   WMS Industries, Inc. engages in the design, manufacture,             913.5     910.7
                                            and distribution of gaming machines and video lottery
                                            terminals (VLTs) for customers in gaming jurisdictions
                                            worldwide. The company’s products consist of video gaming
                                            machines, mechanical reel gaming machines, and video
                                            poker gaming machines. It also sells spare parts, conversion
                                            kits, amusement-with-prize gaming machines, and used
                                            gaming machines, as well as equipment manufactured under
                                            original equipment manufacturing agreements to casinos and
                                            other licensed gaming machine operators. In addition, the
                                            company involves in licensing its gaming themes and other
                                            intellectual property to third parties; and leasing of gaming
                                            machines and VLTs to casinos and other licensed gaming
                                            machine operators. WMS Industries, Inc., formerly known as
                                            Williams Electronics, Inc., was founded in 1946 and is
                                            headquartered in Waukegan, Illinois.
Wynn Resorts Ltd.                         NasdaqGS:WYNN   Wynn Resorts, Limited, together with its subsidiaries, engages   2,747.0   5,951.1
(NasdaqGS:WYNN)                                           in the development, ownership, and operation of destination
                                                          casino resorts. The company owns and operates Wynn Las
                                                          Vegas casino resort in Las Vegas, which includes 22 food and
                                                          beverage outlets comprising 6 dining restaurants, 2
                                                          nightclubs, 1 spa and salon, 1 Ferrari and Maserati
                                                          automobile dealership, wedding chapels, an 18-hole golf
                                                          course, meeting space, and foot retail promenade featuring
                                                          boutiques. As of December 31, 2007, Wynn Las Vegas casino
                                                          resort featured 140 table games, 1 baccarat salon, private VIP
                                                          gaming rooms, 1 poker room, 1,970 slot machines, and 1 race
                                                          and sports book. It also owns Wynn Macau casino resort
                                                          located in the Macau Special Administrative Region of the
                                                          People’s Republic of China. Wynn Macau casino resort
                                                          featured 380 table games, 1,270 slot machines, 5 restaurants,
                                                          1 spa and salon, lounges, meeting facilities, and retail space
                                                          featuring boutiques. The company was founded in 2002 and is
                                                          based in Las Vegas, Nevada.




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                                                                                             Cash And Equivalents ($mm) [Latest
Total Revenue ($mm) [LTM]   EBIT ($mm) [LTM]   EBITDA ($mm) [LTM]   Net Income ($mm) [LTM]                             Quarter]
                    248.1               40.1                 47.7                     39.6                                 87.9
1,277.0   185.7   289.4   (21.3)   68.2




  43.2     4.71    8.99    58.8    38.0
984.6   236.5   271.4   183.2   87.7




950.7   221.2   288.9   125.4   63.2
904.1   116.1   134.6   196.9   164.8




984.2   154.8   159.5   102.8    17.5
 129.8     32.7    35.5   31.3    30.7




1,837.0   203.2   372.5   29.0   123.6
527.5   (19.7)   47.4   68.2   154.6




 28.9   0.106    4.88   2.97
 433.7     35.6    63.6    26.4     13.3




1,487.7   166.7   295.2   (31.3)   144.1
2,117.9   390.8   519.0   3,405.5   2,258.4




 239.1     36.5    47.4     19.5      17.9




 355.4    185.4   231.4       5.0
1,551.2   (86.1)   91.4   (978.6)   783.2




                                    0.332




  53.0     25.9    28.0     21.5     12.0
2,595.6   1,029.6   1,213.5   349.7    1,937.4




 456.0     (14.3)     16.2    (79.8)    539.6
254.1    57.7    80.1   20.4    29.5




384.7    57.8    98.9   26.6    71.0




797.9   107.6   178.2   21.3   146.9
2,484.4   595.0   890.8   294.5   261.1




1,507.7   281.3   331.3   146.2   465.1




 948.1    385.4   422.6   268.6    51.5
2,512.0   782.1   889.3   603.7      56.3




4,345.0   346.7   812.5   (12.4)   1,276.0
2,591.4   585.5    1,005.4   172.1    217.8




1,342.5   (19.1)    152.9    (20.1)   832.1
7,513.0   1,174.2   1,959.6   1,164.9   250.1




 145.3      19.4      27.8      13.2     10.6




 188.4      55.0      61.2      55.6     46.7




 364.5      49.3      69.1      24.8    107.7
 258.0      17.3      49.1      17.1      28.4




7,739.2   1,361.1   1,479.3   1,018.4   1,036.8




 451.7     123.2     148.4     108.9     124.5
 337.3     25.8    41.7     24.6




 495.2     51.2    95.2    114.9    148.5




2,423.1   394.9   567.2   (153.3)
1,006.9   (45.2)   67.1   (44.1)   124.6




 158.0     10.4    16.5     2.8     4.21
1,363.9   518.8   594.1   396.6   1,326.4




  77.3     31.4    35.4    32.7     37.5
1,122.9   133.9   277.6    90.7    161.8




 190.0     28.9    52.4   (10.8)    5.37
2,476.4   187.1   275.7   202.1    599.7




 610.9    169.1   225.2    37.9     47.0




 764.8     45.3   136.6   (16.9)    69.4
632.9     76.9    136.6   111.5    320.8




 94.0   (0.933)    10.2   (3.61)    3.97




134.7     39.2     44.2    15.7     6.96
2,327.4    23.1    39.6      2.1     67.6




 974.7    269.6   342.3     58.5    108.8




2,888.6   134.8   286.3   (121.9)
2,949.0   399.3   493.4    246.2    240.8




1,008.1   116.0   171.1   (161.3)   191.1




 201.0     53.2    69.0     21.4     75.2
1,904.6   545.8   616.1   263.5   138.0




 688.2    121.8   217.2    79.8   117.8
3,084.3   461.8   714.4   435.3   1,713.7
Net Property, Plant & Equipment                                                                             Cash And Equivalents ($mm) [Latest Cash And Equivalents ($mm) [Latest
         ($mm) [Latest Quarter]   Total Debt ($mm) [Latest Quarter]   Total Equity ($mm) [Latest Quarter]                          Quarter - 2]                       Quarter - 4]
                           17.0                                  0                                  99.5                                 104.3                               87.3
1,749.1   1,615.7   464.8   78.9   113.4




 135.3      84.3     55.8   42.4    27.5
 91.0   345.2   136.1   70.8   73.1




174.1   280.7   374.9   66.6   48.3
430.8   757.6   1,461.1   96.2   154.7




 26.3    84.5    112.7    19.3    12.2
  2.73         0      87.0     46.4    26.4




3,205.5   2,624.1   1,367.2   152.5   152.8
32.0     0    194.6   146.5   83.8




       70.8   231.1
371.4     50.6    403.9    22.1    15.6




567.6   1,072.8   180.6   145.8   112.1
1,772.9   2,266.7   4,107.9   2,252.9   1,890.9




 203.5     108.3     101.1      19.7      22.5




 219.0     221.3     124.1
686.6   784.7   1,414.1   1,055.4   800.7




 25.1    36.7     49.9




 42.7    27.6     64.1      12.4     12.8
3,223.3   1,428.8   3,659.2   2,325.7   2,694.1




 893.3     622.6    2,158.7   1,079.3   1,443.9
331.3   216.2   301.8    48.4    66.7




626.5   365.7   379.9    96.1   108.5




655.2   675.0   486.2   186.3   193.5
583.6   2,282.2    905.3    274.3   285.9




168.9    709.1     444.0    438.1   441.9




783.7        0    1,391.1    88.7    76.2
  520.7     2,160.1   (813.1)    74.5     70.0




11,275.6   10,350.4   2,278.4   855.4   1,679.6
1,172.4   4,231.6   2,319.7   468.8   632.1




1,795.7   1,101.6   2,447.5   822.8   108.4
16,890.0   13,288.3   5,144.5   327.7   311.6




  150.5       42.5     104.6     15.7    52.9




  111.2       0.01     271.7     56.2    63.9




   9.73          0     310.5     98.3
148.6    21.8    204.7      42.0     43.3




142.0   139.1   1,062.4   1,146.5   650.2




111.3      0     195.5     128.3     98.1
                           217.1    58.3




24.7        0     234.8    119.3    58.8




       2,407.9   1,334.1   124.4   174.4
1,868.3   916.5   1,038.4   203.1   346.0




  35.0     71.2       5.0   0.942   0.004
1,059.8     0    2,341.4   922.9   705.6




  19.7    1.81    365.0     88.4    20.5
630.0   1,271.1   724.5   31.9   41.1




 9.14    125.3    102.9   9.35   4.39
1,213.7   718.4   440.6




 753.1    750.8   357.4   60.6   55.3




 210.3    449.0   446.6   94.4   80.1
682.7    15.1   963.6   290.3   174.3




433.0    96.5   183.3    4.46    4.96




 5.17   171.1   201.5    15.7    3.21
  33.2      9.06     139.2     99.0    80.0




 797.0     780.3      15.2    161.4   149.1




1,060.3   1,617.4   1,941.0   158.8   205.0
329.5   840.9   2,464.3   237.1   233.0




344.1   735.8   (131.5)   143.3   192.2




 6.78   117.4    163.4    125.2    49.4
421.7   2,247.2   499.2   137.9   171.1




212.5    115.0    527.7   100.8    57.7
4,703.0   4,917.7   1,401.2   1,239.3   829.1
                                        Total Equity ($mm) [Latest Quarter -                          LT EPS Growth Rate (%) - Capital IQ
Total Debt ($mm) [Latest Quarter - 4]                                     4]   2 Year Beta [Latest]                              [Latest]
                                   0                                   74.6                  0.588
1,602.0   495.8     2.6   10.0




  87.8      2.5   0.406
223.4   261.1   0.431   16.0




314.5   251.6    2.03   19.5
630.2   749.5   0.637




125.2   106.0    0.23   8.83
     0      89.5    0.915   25.1




2,208.0   1,371.7    2.31   13.0
0   102.3   1.44




             1.1
  69.2    380.0   1.33   10.0




1,005.8    56.8
279.4   4,978.6             8.64




 92.4     89.6      1.74




   0     127.0    (0.101)
1,183.4   1,709.4   0.591   0




  15.2      71.2     0.98
1,748.1   3,810.1   0.478   21.5




 907.2    2,320.7   0.685   50.0
 93.4   171.3   0.163    17.0




336.1   416.1   0.968   0.114




674.5   394.5   0.245    28.4
1,626.9   1,379.7    1.59   13.4




 518.7     371.7     0.84    9.0




     0    1,663.5   0.959    6.0
2,054.4   (1,070.1)   0.988   (9.7)




7,291.2    2,203.0     3.52   20.2
3,914.5   2,459.0   0.593   17.0




 616.1    1,906.8    1.55   31.6
14,131.4   4,581.8    1.99   14.5




      0     137.5     1.53   20.5




  0.012     246.0    0.492




                     0.646
 2.47   197.0   0.534




226.6   834.5   0.357   13.4




   0    137.1   0.719
 123.1     260.1    0.581




    2.7     64.7      1.4




2,991.4   1,121.0    1.84
791.3   1,071.9    2.99   15.0




 54.6     25.5    0.218
156.6   2,101.2            8.83




 5.75    108.1    0.848   121.1
1,067.8   634.7   1.73   20.0




 235.3     87.6   1.58   21.7
802.4   292.9   0.541   8.3




457.7   471.9    1.02
 27.0   997.0   0.179




 64.2   157.0   (0.14)




176.7    99.3   0.196
  11.0     171.0    0.833




 302.9     720.9    0.354    28.0




2,074.5   3,060.6   0.387   (3.85)
545.4   2,219.4   0.372   12.5




779.1     28.5    0.975




 23.7    189.6    0.846   33.5
2,195.5   556.9   0.842   (5.9)




 115.0    479.0    1.19   23.4
2,404.8   1,906.6   2.03   30.0
Screening Aggregates

Screening Criteria
1) Industry Classifications: Casinos and Gaming (Primary)
2) Company Type: Public Company
3) Market Capitalization ($mm) [Latest]: is greater than 100

Company Screening Aggregates

                                         Market Capitalization ($mm) Total Enterprise Value ($mm)
                                                   [Latest]                    [Latest]                Total Revenue ($mm) [LTM]   EBIT ($mm) [LTM]         EBITDA ($mm) [LTM]
Total                                                          70,021.5                   118,818.8                     78,957.1                12,726.1                 18,356.9
Average                                                         1,111.5                     1,886.0                      1,273.5                   205.3                    296.1
Minimum                                                           101.5                       (92.5)                        10.6                   (86.1)                    4.88
Maximum                                                         8,673.6                    14,586.6                      7,739.2                 1,361.1                  1,959.6
Standard Deviation                                              1,354.0                     2,665.8                      1,523.7                   290.2                    382.4
Market Cap. Weighted Avg.                                           N/A                     3,888.6                      2,584.0                   470.3                    615.8
                                                         Net Property, Plant &
                           Cash And Equivalents ($mm)   Equipment ($mm) [Latest      Total Debt ($mm) [Latest      Total Equity ($mm) [Latest    Cash And Equivalents ($mm)
Net Income ($mm) [LTM]          [Latest Quarter]               Quarter]                     Quarter]                       Quarter]                  [Latest Quarter - 2]
                 9,109.5                     17,065.0                     64,198.7                     66,442.6                       50,072.7                       17,493.6
                   146.9                        294.2                      1,070.0                      1,071.7                          807.6                          296.5
                 (978.6)                         0.33                         0.02                             0                       (813.1)                           0.94
                 3,405.5                      2,258.4                     16,890.0                     13,288.3                        5,144.5                        2,325.7
                   497.2                        497.1                      2,641.3                      2,238.5                        1,091.7                          489.3
                   388.0                        615.0                      1,641.4                      1,715.1                        1,439.9                          629.0
Cash And Equivalents ($mm)     Total Debt ($mm) [Latest         Total Equity ($mm) [Latest                               LT EPS Growth Rate (%) -
    [Latest Quarter - 4]             Quarter - 4]                      Quarter - 4]           2 Year Beta [Latest]          Capital IQ [Latest]
                    16,350.7                        57,387.9                      49,946.3                      107.6                         676.5
                       281.9                           972.7                          846.5                       1.86                         18.3
                         0.0                                0                     (1,070.1)                     (0.14)                         (9.7)
                     2,694.1                        14,131.4                        4,978.6                       50.7                        121.1
                       508.5                         2,127.5                        1,165.2                       6.58                         21.0
                       582.9                         1,442.1                        1,479.6                       2.01                         12.9
Company                                    Revenues       Oper Income     Pre-tax Margin Capital invested ROC
Ameristar Casinos Inc. (NasdaqGS:ASCA)               1277           185.7         14.54%           2018.9        9.20%
Archon Corp. (OTCBB:ARHN)                            43.2            4.71         10.90%              47.9       9.83%
Bally Technologies, Inc. (NYSE:BYI)                 950.7           221.2         23.27%             499.5      44.28%
Berjaya Land Bhd (KLSE:BJLAND)                      904.1           116.1         12.84%           1283.5        9.05%
Boyd Gaming Corp. (NYSE:BYD)                         1837           203.2         11.06%           3427.2        5.93%
Codere, S.A. (CATS:CDR)                            1487.7           166.7         11.21%             916.8      18.18%
Crown Limited (ASX:CWN)                            2117.9           390.8         18.45%           3005.1       13.00%
Dover Downs Gaming & Entertainment Inc. (NYSE:DDE) 239.1             36.5         15.27%             162.3      22.49%
Gamehost Income Fund (TSX:GH.UN)                       53            25.9         48.87%                74      35.00%
Genting Berhad (KLSE:GENTING)                      2595.6          1029.6         39.67%           3232.5       31.85%
Gold Reef Casino Resorts Ltd. (JSE:GDF)             254.1            57.7         22.71%             216.3      26.68%
Great Canadian Gaming Corp. (TSX:GC)                384.7            57.8         15.02%             656.1       8.81%
Groupe Partouche SA (ENXTPA:PARP)                   797.9           107.6         13.49%             882.7      12.19%
Kangwon Land Corp. (KOSE:A035250)                   948.1           385.4         40.65%           1574.8       24.47%
Melco Crown Entertainment Ltd. (NasdaqGS:MPEL)     1342.5           -19.1         -1.42%           1700.1       -1.12%
MGM Mirage (NYSE:MGM)                                7513          1174.2         15.63%          18385.5        6.39%
Monarch Casino & Resort Inc. (NasdaqGS:MCRI)        145.3            19.4         13.35%             121.8      15.93%
NagaCorp Ltd. (SEHK:3918)                           188.4              55         29.19%          189.812       28.98%
Olympic Entertainment Group (TLSE:OEG1T)              258            17.3          6.71%           157.47       10.99%
Paradise Co., Ltd. (KOSE:A034230)                   337.3            25.8          7.65%             166.1      15.53%
Penn National Gaming Inc. (NasdaqGS:PENN)          2423.1           394.9         16.30%              3988       9.90%
Pinnacle Entertainment Inc. (NYSE:PNK)             1006.9           -45.2         -4.49%           1660.1       -2.72%
Resorts World Bhd (KLSE:RESORTS)                   1363.9           518.8         38.04%           1334.9       38.86%
Sky City Entertainment Group Ltd. (NZSE:SKC)        610.9           169.1         27.68%           1034.7       16.34%
Sun International Ltd. (JSE:SUI)                    974.7           269.6         27.66%             862.4      31.26%
Tabcorp Holdings Ltd. (ASX:TAH)                    2888.6           134.8          4.67%           4976.3        2.71%
The Rank Group Plc (LSE:RNK)                       1008.1             116         11.51%             664.3      17.46%
Wynn Resorts Ltd. (NasdaqGS:WYNN)                  3084.3           461.8         14.97%           3072.1       15.03%
                                                  37035.1         6281.31         16.96%       56311.182        11.15%




                                                                                                                         4629.96
4629.96
Company                                   Beta              Mkt cap             Debt             Cash
Ameristar Casinos Inc. (NasdaqGS:ASCA)                2.6               561.1           1615.7             68.2
Bally Technologies, Inc. (NYSE:BYI)                  2.03              1182.4            280.7             63.2
Boyd Gaming Corp. (NYSE:BYD)                         2.31               431.2           2624.1            123.6
bwin Interactive Entertainment AG (WBAG:BWIN)        1.44               859.8                0            154.6
Churchill Downs Inc. (NasdaqGS:CHDN)                 1.33               465.6             50.6             13.3
Dover Downs Gaming & Entertainment Inc. (NYSE:DDE)   1.74               121.8            108.3             17.9
Gamehost Income Fund (TSX:GH.UN)                     0.98               113.7             27.6               12
International Game Technology (NYSE:IGT)             1.59              2975.5           2282.2            261.1
Las Vegas Sands Corp. (NYSE:LVS)                     3.52              2554.5          10350.4             1276
Melco Crown Entertainment Ltd. (NasdaqGS:MPEL)       1.55                1114           1101.6            832.1
MGM Mirage (NYSE:MGM)                                1.99              1548.4          13288.3            250.1
Monarch Casino & Resort Inc. (NasdaqGS:MCRI)         1.53               159.6             42.5             10.6
Penn National Gaming Inc. (NasdaqGS:PENN)            1.84              1603.9           2407.9                0
Pinnacle Entertainment Inc. (NYSE:PNK)               2.99               421.7            916.5            124.6
Scientific Games Corp. (NasdaqGS:SGMS)               1.73              1236.2           1271.1            161.8
Shuffle Master Inc. (NasdaqGS:SHFL)                  1.58               163.6            125.3             5.37
WMS Industries Inc. (NYSE:WMS)                       1.19               913.5              115            117.8
Wynn Resorts Ltd. (NasdaqGS:WYNN)                    2.03                2747           4917.7           1713.7
Average/Total                                        1.89             19173.5          41525.5          5205.97

Unevered beta =                                      0.81
Unlevered beta corrected for cash =                  0.88
Company                                      Mkt Cap         Debt          Cash            EV             EBITDA
888 Holdings Public Limited Company (LSE:888)          484.7             0          87.9          396.8              47.7
Betsson AB (OM:BETS B)                                 390.1             0          30.7          359.4              35.5
bwin Interactive Entertainment AG (WBAG:BWIN)          859.8             0         154.6          705.2              47.4
Kangwon Land Corp. (KOSE:A035250)                     1995.6             0          51.5         1944.1             422.6
Nippon Game Card Corporation (JASDAQ:6261)             146.6             0         107.7           38.9              69.1
Paddy Power plc (ISE:PLS)                                712             0         124.5          587.5             148.4
Paradise Co., Ltd. (KOSE:A034230)                      164.8             0             0          164.8              41.7
PartyGaming Plc (LSE:PRTY)                            1008.8             0         148.5          860.3              95.2
Resorts World Bhd (KLSE:RESORTS)                      3576.8             0        1326.4         2250.4             594.1
NagaCorp Ltd. (SEHK:3918)                              200.1          0.01          46.7         153.41              61.2
Rexcapital Financial Holdings Ltd. (SEHK:555)          271.9          1.81          37.5         236.21              35.4
OPAP SA (ATSE:OPAP)                                   8673.6         139.1        1036.8         7775.9            1479.3
                                                       811.4          15.1
Societe des Bains de Mer et du Cercle des Etrangers a Monaco (ENXTPA:BAIN)         320.8          505.7             136.6
Sportingbet plc (AIM:SBT)                              275.7          9.06          67.6         217.16              39.6
Berjaya Sports Toto Bhd (KLSE:BJTOTO)                 1595.4          84.5          17.5         1662.4             159.5
Churchill Downs Inc. (NasdaqGS:CHDN)                   465.6          50.6          13.3          502.9              63.6
WMS Industries Inc. (NYSE:WMS)                         913.5           115         117.8          910.7             217.2
Olympic Entertainment Group (TLSE:OEG1T)                 117          21.8          28.4          110.4              49.1
Genting International plc (SGX:G13)                   2751.6         622.6         539.6         2834.6              16.2
Bally Technologies, Inc. (NYSE:BYI)                   1182.4         280.7          63.2         1399.9             288.9
Gamehost Income Fund (TSX:GH.UN)                       113.7          27.6            12          129.3                28
Unibet Group plc (OM:UNIB SDB)                         443.8         117.4          75.2            486                69
Monarch Casino & Resort Inc. (NasdaqGS:MCRI)           159.6          42.5          10.6          191.5              27.8
                                                       354.9
Société Fermière du Casino Municipal de Cannes (ENXTPA:FCMC)          96.5          3.97         447.43              10.2
GameHi Co.,Ltd. (KOSE:A041140)                         122.5          36.7         0.332        158.868                 0
Aristocrat Leisure Ltd. (ASX:ALL)                     1129.5         345.2          87.7           1387             271.4
Tatts Group Limited (ASX:TTS)                         2312.9         840.9         240.8           2913             493.4
Genting Berhad (KLSE:GENTING)                           3710        1428.8        1937.4         3201.4            1213.5
Gold Reef Casino Resorts Ltd. (JSE:GDF)                  460         216.2          29.5          646.7              80.1
China LotSynergy Holdings Ltd. (SEHK:8161)             121.3          70.8             0          192.1              4.88
Pollard Holdings Limited Partnership (TSX:PBL.UN)      121.4          71.2          4.21         188.39              16.5
Tabcorp Holdings Ltd. (ASX:TAH)                       2427.7        1617.4             0         4045.1             286.3
SJM Holdings Limited (SEHK:880)                         1032         718.4         599.7         1150.7             275.7
Berjaya Land Bhd (KLSE:BJLAND)                         991.4         757.6         164.8         1584.2             134.6
Shuffle Master Inc. (NasdaqGS:SHFL)                    163.6         125.3          5.37         283.53              52.4
International Game Technology (NYSE:IGT)              2975.5        2282.2         261.1         4996.6             890.8
Archon Corp. (OTCBB:ARHN)                              104.4          84.3            38          150.7              8.99
Dover Downs Gaming & Entertainment Inc. (NYSE:DDE) 121.8             108.3          17.9          212.2              47.4
Crown Limited (ASX:CWN)                               2525.4        2266.7        2258.4         2533.7               519
Sun International Ltd. (JSE:SUI)                       804.9         780.3         108.8         1476.4             342.3
Melco Crown Entertainment Ltd. (NasdaqGS:MPEL)          1114        1101.6         832.1         1383.5             152.9
Sky City Entertainment Group Ltd. (NZSE:SKC)           747.4         750.8            47         1451.2             225.2
Intralot SA (ATSE:INLOT)                               697.8         709.1         465.1          941.8             331.3
Scientific Games Corp. (NasdaqGS:SGMS)                1236.2        1271.1         161.8         2345.5             277.6
Galaxy Entertainment Group Limited (SEHK:27)           619.8         784.7         783.2          621.3              91.4
Ladbrokes PLC (LSE:LAD)                               1679.1        2160.1          56.3         3782.9             889.3
SNAI SpA (CM:SNA)                                      328.1           449          69.4          707.7             136.6
Penn National Gaming Inc. (NasdaqGS:PENN)             1603.9        2407.9             0         4011.8             567.2
Great Canadian Gaming Corp. (TSX:GC)                     241         365.7            71          535.7              98.9
Lottomatica SpA (CM:LTO)                              2686.7        4231.6         217.8         6700.5            1005.4
Sportech plc (LSE:SPO)                                 101.5         171.1          6.96         265.64              44.2
Estoril Sol, SA (ENXTLS:ESO)                           129.3         221.3             0          350.6             231.4
Wynn Resorts Ltd. (NasdaqGS:WYNN)                       2747        4917.7        1713.7           5951             714.4
William Hill plc (LSE:WMH)                            1234.6        2247.2           138         3343.8             616.1
Codere, S.A. (CATS:CDR)                                516.6        1072.8         144.1         1445.3             295.2
The Rank Group Plc (LSE:RNK)                           340.5         735.8         191.1          885.2             171.1
Pinnacle Entertainment Inc. (NYSE:PNK)                 421.7         916.5         124.6         1213.6              67.1
Ameristar Casinos Inc. (NasdaqGS:ASCA)                 561.1        1615.7          68.2         2108.6             289.4
Las Vegas Sands Corp. (NYSE:LVS)     2554.5    10350.4        1276      11628.9      812.5
Groupe Partouche SA (ENXTPA:PARP)     139.1        675       146.9        667.2      178.2
Boyd Gaming Corp. (NYSE:BYD)          431.2     2624.1       123.6       2931.7      372.5
MGM Mirage (NYSE:MGM)                1548.4    13288.3       250.1      14586.6     1959.6
                                    68473.2   66442.08   17063.742   117851.538   18348.07
EV/EBITDA         Debt Ratio
           8.32             0.00%
         10.12              0.00%
         14.88              0.00%
           4.60             0.00%
           0.56             0.00%
           3.96             0.00%
           3.95             0.00%
           9.04             0.00%
           3.79             0.00%
           2.51             0.00%
           6.67             0.66%
           5.26             1.58%
           3.70             1.83%
           5.48             3.18%
         10.42              5.03%
           7.91             9.80%
           4.19            11.18%
           2.25            15.71%
       174.98              18.45%
           4.85            19.19%
           4.62            19.53%
           7.04            20.92%
           6.89            21.03%
         43.87             21.38%
   #DIV/0!                 23.05%
           5.11            23.41%
           5.90            26.66%
           2.64            27.80%
           8.07            31.97%
         39.36             36.86%
         11.42             36.97%
         14.13             39.98%
           4.17            41.04%
         11.77             43.32%
           5.41            43.37%
           5.61            43.41%
         16.76             44.67%
           4.48            47.07%
           4.88            47.30%
           4.31            49.22%
           9.05            49.72%
           6.44            50.11%
           2.84            50.40%
           8.45            50.70%
           6.80            55.87%
           4.25            56.26%
           5.18            57.78%
           7.07            60.02%
           5.42            60.28%
           6.66            61.17%
           6.01            62.77%
           1.52            63.12%
           8.33            64.16%
           5.43            64.54%
           4.90            67.50%
           5.17            68.36%
         18.09             68.49%
           7.29            74.22%
14.31   80.21%
 3.74   82.91%
 7.87   85.89%
 7.44   89.56%
 6.42   49.25%
Company         Market Cap        Total Debt       Cash            EV             EBITDA            EV/EBITDA
Codere, S.A. (CATS:CDR) 516.6              1072.8          144.1         1445.3             295.2            4.90
                            561.1
Ameristar Casinos Inc. (NasdaqGS:ASCA) 1615.7               68.2         2108.6             289.4            7.29
                             2729
Las Vegas Sands Corp. (NYSE:LVS)             10470          1276        11628.9             812.5           14.31
                            139.1
Groupe Partouche SA (ENXTPA:PARP)              675         146.9          667.2             178.2            3.74
Boyd Gaming Corp. (NYSE:BYD)431.2          2624.1          123.6         2931.7             372.5            7.87
MGM Mirage (NYSE:MGM) 1548.4              13288.3          250.1        14586.6            1959.6            7.44
                             2747
Wynn Resorts Ltd. (NasdaqGS:WYNN)          4917.7         1713.7           5951             714.4            8.33
                                                                                                             7.70
                                                                                                             6.60
67.50%
74.22%
80.21%
82.91%
85.89%
89.56%
Company                                                        Mkt Cap             Debt              Cash
Betsson AB (OM:BETS B)                                                     390.1                 0             30.7
bwin Interactive Entertainment AG (WBAG:BWIN)                              859.8                 0            154.6
Kangwon Land Corp. (KOSE:A035250)                                         1995.6                 0             51.5
PartyGaming Plc (LSE:PRTY)                                                1008.8                 0            148.5
Resorts World Bhd (KLSE:RESORTS)                                          3576.8                 0           1326.4
Rexcapital Financial Holdings Ltd. (SEHK:555)                              271.9              1.81             37.5
OPAP SA (ATSE:OPAP)                                                       8673.6             139.1           1036.8
Sportingbet plc (AIM:SBT)                                                  275.7              9.06             67.6
Berjaya Sports Toto Bhd (KLSE:BJTOTO)                                     1595.4              84.5             17.5
Churchill Downs Inc. (NasdaqGS:CHDN)                                       465.6              50.6             13.3
Bally Technologies, Inc. (NYSE:BYI)                                       1182.4             280.7             63.2
Unibet Group plc (OM:UNIB SDB)                                             443.8             117.4             75.2
Monarch Casino & Resort Inc. (NasdaqGS:MCRI)                               159.6              42.5             10.6
Société Fermière du Casino Municipal de Cannes (ENXTPA:FCMC)               354.9              96.5             3.97
Aristocrat Leisure Ltd. (ASX:ALL)                                         1129.5             345.2             87.7
Tatts Group Limited (ASX:TTS)                                             2312.9             840.9            240.8
Gold Reef Casino Resorts Ltd. (JSE:GDF)                                      460             216.2             29.5
China LotSynergy Holdings Ltd. (SEHK:8161)                                 121.3              70.8                0
Pollard Holdings Limited Partnership (TSX:PBL.UN)                          121.4              71.2             4.21
Tabcorp Holdings Ltd. (ASX:TAH)                                           2427.7            1617.4                0
Shuffle Master Inc. (NasdaqGS:SHFL)                                        163.6             125.3             5.37
International Game Technology (NYSE:IGT)                                  2975.5            2282.2            261.1
Archon Corp. (OTCBB:ARHN)                                                  104.4              84.3               38
Melco Crown Entertainment Ltd. (NasdaqGS:MPEL)                              1114            1101.6            832.1
Sky City Entertainment Group Ltd. (NZSE:SKC)                               747.4             750.8               47
Scientific Games Corp. (NasdaqGS:SGMS)                                    1236.2            1271.1            161.8
Galaxy Entertainment Group Limited (SEHK:27)                               619.8             784.7            783.2
SNAI SpA (CM:SNA)                                                          328.1               449             69.4
                                                                         35115.8          10832.87          5597.55
EV              EBITDA             EV/EBITDA        Debt Ratio
        359.4               35.5            10.12             0.00%
        705.2               47.4            14.88             0.00%
       1944.1              422.6             4.60             0.00%
        860.3               95.2             9.04             0.00%
       2250.4              594.1             3.79             0.00%
       236.21               35.4             6.67             0.66%
       7775.9             1479.3             5.26             1.58%
       217.16               39.6             5.48             3.18%
       1662.4              159.5            10.42             5.03%
        502.9               63.6             7.91             9.80%
       1399.9              288.9             4.85           19.19%
          486                 69             7.04           20.92%
        191.5               27.8             6.89           21.03%
       447.43               10.2            43.87           21.38%
         1387              271.4             5.11           23.41%
         2913              493.4             5.90           26.66%
        646.7               80.1             8.07           31.97%
        192.1               4.88            39.36           36.86%
       188.39               16.5            11.42           36.97%
       4045.1              286.3            14.13           39.98%
       283.53               52.4             5.41           43.37%
       4996.6              890.8             5.61           43.41%
        150.7               8.99            16.76           44.67%
       1383.5              152.9             9.05           49.72%
       1451.2              225.2             6.44           50.11%
       2345.5              277.6             8.45           50.70%
        621.3               91.4             6.80           55.87%
        707.7              136.6             5.18           57.78%
     40351.12            6356.57             6.35           49.25%

				
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