.....doing cartwheels shortly??? Who knows, but it is an...

.....doing cartwheels shortly???
Who knows, but it is an interesting "Music Hall" scenario that is unfolding for Jumbo Corporation and appearing to be "going according to plan".
Cheers and good luck to fellow Jolly Jumbo owners.

The King was in the Counting House, counting up his money"

ASX Annoucement
Friday 23 January 2004
Launch of UK Online Casino
Directors are pleased to announce that Global Approach Limited (ASX:GLO) has launched a new UK operation for
the Music Hall Casino. As announced on January 19 2004, JUM has completed its acquisition of a substantial
shareholding in GLO and now holds approximately 19.9% of the company.
The new UK service is located at www.musichallcasino.co.uk and is a more UK-centric service than the US web
site at www.musichallcasino.com. The new web site offers additional currency options in British Pounds, Euro as
well as US Dollars.
“The drive to increase the number of UK and European players should provide a more even balance between US
and non-US customers”, said Mr Mike Veverka, CEO of Jumbo Corporation Ltd. “This provides access to larger
markets and lowers the reliance on the US market alone”.
The value of JUM’s stake in GLO has risen to over $1.51 million since the deal was concluded earlier this week
based on yesterday’s closing share price of 14.5c
The attached announcement from GLO provides more detailed information about the expansion.
For further enquiries, please contact:
Mike Veverka, CEO
Ph: (07) 3831 3705 Fx: (07) 3831 9720
Email: [email protected]
Web: www.jumbocorporation.com
Global Approach Limited
ACN 009 118 861
Level 14
145 Eagle Street
Brisbane Qld 4000
Ph: 07 3114 5506
Fax: 07 3317 2243
22 January 2004
Australian Stock Exchange
Company Announcements Office
‘GLOBAL’ POSITIONS FOR GROWTH IN WORLD GAMING MARKET
The directors of Global Approach Limited (ASX code GLO), operators of the MusicHall Online
Casino, advise that in conjunction with its Management Company an office has been
established in the United Kingdom to source exclusive marketing opportunities for its gaming
activities in the British and European markets.
The Web site www.musichallcasino.co.uk. has been acquired and all marketing material and
the casino games have been changed to reflect the applicable currencies, including the
payment processors that can now accept purchase and pay winnings in GBP and Euros.
The new operation compliments the existing casino www.musichallcasino.com which
operates in US dollars. The large population base of Britain and Europe will provide balance
to the present over-weighting of US based players in MusicHall’s customer profile and with
the strength of the Pound and Euro will counterbalance the current reliance on the US dollar
and assist in increasing the Casino’s profitability.
MusicHall introduced eighteen (18) new games during November 2003 which assisted in the
increase in revenues in December 2003 by in excess of 100%.
The board is also pleased to announce that Mr. Barwick has assumed the role of Executive
Chairman to ensure the continued growth of the company.
Yours truly,
D K Barwick
Executive Chairman