ST. JOHN’S, ANTIGUA (November 28th, 2007) — Universal Gaming Concepts Inc, a leading Online Gaming Company for more than eight years, today announced that they will cease operation of their Global Player brands, Global Player Casino and on November 30th 2007.

Following a recent evaluation of the current business, the management of Universal Gaming Concepts Inc. decided that it is no longer feasible to continue to operate the Global Player brands.

“The current changes in the legal and economic landscape of the gaming industry has made it increasingly difficult for us to compete and retain our market share” said Giancarlo Bettini, CEO of UGC Inc. “The strategic decision to cease operations while we are still in the position to satisfy our obligations to players, vendors, affiliates and staff reinforces our integrity and commitment to good business practices."

All customers’ account balances are available for immediate payout. Customers, who have not requested their funds prior to our closing date, should contact to have their requests processed manually. Payout requests will continue to be processed until December 30th 2007.

The Global Player brand has enjoyed eight successful years in the online gambling space starting with its launch in September 1999 using its own proprietary casino software and has continued with its re-launch on Boss Media’s casino and poker platform in May of this year.

About Universal Gaming Concepts Inc.
Universal Gaming Concepts Inc. (“UGC”) is a wholly owned subsidiary of Universal Gaming Concepts Billing and Customer Support Ltd., Ireland. The company, which is licensed and bonded by the Government of Antigua & Barbuda, has been operating Online since 1999.