Ongame Network Guarantees an Additional $400,000 Per Week in Poker Tournament Prize Money

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In the wake of signing deals with several new operators, Ongame Network announces a significant boost of $400,000 in weekly poker tournament prize pool guarantees.

In the wake of signing deals with several new operators, and after a significant re-structuring of its entire poker tournament offering, Ongame Network announces a significant boost in poker tournament prize pool guarantees.

Throughout March, more than $ 400,000 in weekly guaranteed prize money will be added to the $ 1,000,000 total already guaranteed on a weekly basis.

"We will raise the guaranteed prize pool in all of our biggest regular tournaments, but will also add multiple new daily guarantee events. This is in line with our strategy of supplying our operators with the broadest selection of daily guarantee tournaments during European, Pacific and Canadian prime time, leaving them to focus on hosting special events," says Martin Lerby, Head of Ongame Network.

Some of the new guarantee tournaments have already been introduced while others will premiere shortly. The most celebrated regular poker tournament on the Ongame Network, the monthly Grand Tournament, will also feature a new guarantee of $ 150,000 for its eleventh outing during the last weekend of March. A figure expected to grow in the months to come as players take full advantage of a new flexible tournament ticket system introduced in January.

A full overview of the new tournaments and the raised guaranteed prize pools can be found at http://www.ongamenetwork.com.

For further information contact:

Martin Lerby, Head of Ongame Network

Phone: +46 8 789 12 00

About Ongame Network:

Ongame Network is a leading provider of business-to-business online and mobile gaming solutions, with a focus on poker. The company provides Windows, Java and mobile poker and casino games to global partners who differentiate their own brands, technologies and promotional strategies. The network consists of 25 operators, and more than 27,000 players can be found playing concurrently at peak times during the day. This makes Ongame Network one of the world's largest poker networks, offering both operators and their players a wide variety of exciting ring games and tournaments to choose from every hour of every day. Ongame Network is a division of bwin, a leading provider of online gaming entertainment. Further information about Ongame Network can be found on the Internet at http://www.ongamenetwork.com.

About bwin:

The bwin Group has over 10 million registered customers (including 7 million "play money" customers) in over 20 core target markets. Operating under international and regional licenses in countries like Gibraltar, Kahnawake (Canada), Belize and Germany, Italy, Mexico, Austria and the United Kingdom, the Group has set itself the goal of becoming the number one address for sports betting, games and entertainment via digital distribution channels. The Group offers sports betting, poker, casino games, soft and skill games, as well as audio and video streams on top sporting events such as the German Bundesliga. The parent company bwin Interactive Entertainment AG has been listed on the Vienna Stock Exchange since March 2000 (ID code "BWIN", Reuters ID code "BWIN.VI"). Further information about the bwin Group can be found on its investor relations website at http://www.bwin.ag.

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Lisa Envall
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