MANSION: New Betting Exchange Ditches Commission on Winnings

Business Wire, Sept 24, 2004

LONDON -- Welcome to the Future of Sports Betting!

The sports betting world has been turned on its head this week with the launch of MANSION (www.mansion.com), a FREE betting exchange.

There's no catch, MANSION offers absolutely free person-to-person betting. Punters no longer have to pay up to 5 percent commission on their winnings. MANSION rakes off nothing.

MANSION offers punters unprecedented value, simplicity and convenience. For the first time, punters have the choice of wagering person-to-person with no exchange fees or betting with one of the most competitive sportsbooks on the Internet.

- MANSION EXCHANGE: MANSION Exchange is the only FREE sports betting exchange. No bookmaker's commission, no juice and no exchange fees. With MANSION, the price you see is the price you get.

- MANSION SPORTSBOOK: MANSION will offer the best odds on major international sports and punters will enjoy some of the highest sportsbook betting limits in the industry: up to Pounds Sterling 20,000 (US $36k) per bet on Premiership football (EPL) and NFL.

- MANSION ONE ACCOUNT: One login, one cashier, one less hassle. Bet on both our Sportsbook and Exchange with one convenient account.

- EASY DEPOSIT: With more than a dozen ways to fund your account, depositing with MANSION is easy. We accept NETeller, Visa, MasterCard, Switch, Solo and many more. Bet and collect winnings in any one of 14 CURRENCIES.

MANSION's competitive position is underpinned by a very substantial investment in proprietary technology and infrastructure. MANSION.com includes a variety of innovative features and is designed with the punter in mind. Innovations include the combination of MANSION Exchange and MANSION Sportsbook on a one account system allowing customers to bet with both products without the need to maintain separate accounts.

MANSION has a robust, fully redundant, multi-million dollar IT infrastructure providing customers with fast and reliable access.

The MANSION management team has proven experience in many aspects of the gaming business. The team includes David Dent, Managing Director; Michael Tomeny, Head of Betting Operations; and Ashley Lang, Head of Marketing. Michael was previously MD of Canbet Sportsbook. Prior to MANSION, David and Ashley were partners in Green Room Media, a marketing and consulting company to the online gaming industry.

MANSION is funded by private equity and is headquartered in Gibraltar.

MANSION customer enquiries: customerservice@mansion.com