Earlier this year we reported that after a seven (7) year delay, China and Hong Kong have accepted our Roulabette™ System patents for remote live, in-progress casino table game wagering action.  Since then, which we had not previously announced, Japan has also accepted our Roulabette™ patents.

To assist us in our marketing efforts in China, we are pleased to confirm that we have signed contracts with Charles P. Wang and Fred Catapano. Both gentlemen have more than thirty (30) years of experience, with Chinese government agencies and Chinese marketing and possess the appropriate “know how”.

We were surprised at the Japanese approval. Japan has NO CASINOS which translates to us, that they would entertain remote wagering from other Asian countries that offer casino action.  Otherwise, why approve something that will not, in the near Japanese future, occur?  Affluent Japanese gamblers visit South Korea, the Philippines and of late, Macau.  That leaves the average wage earner to play Pachinko games in Japan for their gambling entertainment and habits.  The Pachinko player is the potential remote casino table game player.  Pachinko gaming is actually illegal in Japan but is tolerated only because of; let’s call it “special situations”.  It is a huge money maker and anything that makes a lots and lots of money has a way to survive. 

China now leads the world with 220 million Internet users; a mere seventeen percent (17%) of its population, compared with 216 million seventy-one percent (71%) who use the Internet in the United States.   Adoption of the Roulabette system is capable of providing five times more Internet players in China than in the United States once the most sought after market in the world.

Charles P. Wang Dossier

1988-1993 Former President – China Institute of America
Premiere culture and education organization promoting better U.S./China relations since 1933.

Former Executive Director – Chinese America Planning Counsel
Largest social service organization serving Asian Americans in New York.

1995-2001 Former Vice Chairman U.S. Commission on Civil Rights
Appointed by President George Bush.   

Former Assistant Commissioner – NY State Department of Social Services
Under Governor Mario Cuomo.

Mr. Wang was invited to meet Chinese Premier Wen Jiaboa while he was attending the September United Nations meetings of World Leaders.

Mr. Catapano is the owner of Well Made Toys Manufacturing Corp., one of the largest U.S. manufacturers and importer of toys from China with offices in Hong Kong and elsewhere in China.  With his thirty (30) years of experience in dealing with Chinese Government Officials and manufacturers, many of which are government owned, Kenilworth has members of his office staff expertise available in facilitating our Roulabette™ marketing plans. They are well acquainted with how to procure talent and “know how” in China.  Mr. Catapano is a major Kenilworth shareholder.

When Mayor Michael Bloomberg threatened to shutter the City’s remaining sixty (60), from formerly one hundred twenty-four (124) Off-Track Betting Parlors because the City OTB was forced to hand over too much of its revenue to the State Racing Association that it was operating at a deficit, New York State Governor David Paterson proposed that the State take over the New York City OTB operation (NYC OTB).  Under the new proposed arrangement, the City will keep more than $7 million from its operation each year.  Before implementing the State take over of NYC OTB, he ordered an audit of the City’s OTB operation which is expected to become available shortly after September 30, 2008.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-Q and other filings made by the Company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Kenilworth undertakes no obligation to update such statements.