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Record monthly wagering volume and revenue for SportXction in the UK

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Interactive Systems Worldwide said the live betting product operated by Global Interactive Gaming recorded in April 2005 a turnover of $1.7m, the largest monthly turnover ever, and a system’s hold of $113,000, also a single month record. ISWI said that, based on its current level of revenues and costs and without any proceeds from an equity financing or strategic transaction, its existing resources will be adequate to fund its capital and operating requirements through July 2007.