• World Entertainment to Purchase an Antigua Based Gaming Asset

LAS VEGAS, NEVADA--(CCNMatthews - Nov. 29, 2005) - World Entertainment Corp., today announced that its subsidiary has entered into an agreement to purchase certain assets including the software of a profitable Antigua-based gaming company for $3.5 Million Dollars. This 10 year old Gaming company currently owns 15 gaming domain sites and an impressive player base of over 260,000 players. Players can enjoy 19 flash and java based games that require no downloading. Gross wagering exceeded $50,000,000 in the last twelve months. Louis Dion, President of World Entertainment Corp, views this acquisition as an exciting move forward in integrating the company's unique affiliate program. "Our presence on-line will be significant and a testament to the goals we have strived for. This will be a great compliment to our cutting edge mobile applications currently being tested." At the recent European I-gaming conference in Nice France it was shown that Online Casino Gaming continues to grow. "How big is the market and what are the prospects?" The presentation provided a detailed historical breakdown, but looking at the more recent numbers the online gambling industry was worth US$ 7.2 billion in 2003, to approx. US$ 9.4 billion by end 2005 and a steady increase from there through US$ 15.2 billion in 2006 right through to US$ 25.1 billion in 2010. Skill Gaming and Bingo currently hold 2 percent and 5 percent respectively with online lotteries in a growth phase expected to surge to 10 percent and 27 percent by 2010.

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