October 24, 2005

KENILWORTH TECHNOLOGY AHEAD OF THE CASINO INDUSTRY

The findings by the Indiana Gaming Commission staff that simulcasts of Live In-Progress Casino Table Game Action (“Roulabette™”) is not suitable for Indiana Riverboats is short sighted. These kind of conclusions can not be avoided when Kenilworth technology is more than fifteen (15) years ahead of the world wide Casino Industry, with the Industry finally closing the time gap.

For instance, at the recent Global Gaming Expo (“G2E”), slot machine manufacturers previewed technology that will permit casino operators to quickly and easily update content on individual and/or banks of slot machines.

Only a select few G2E slot manufacturers allowed to scrutinize the “super secret gaming systems” as manufacturers, sought to keep rivals away from their products. Five (5) slot machine manufacturers, Interactive Gaming Technology (“IGT”), Alliance Gaming, Aristocrat Technologies, WMS Gaming and Cyberview Technology, claim: “Its all brand new, so while everything is being developed, we each have our own idea of what it is going to look like and how it will work.” For most of the equipment manufacturers, the technology is in its early development stages. How the process will be fashioned for switching out games, adding new themed contests and changing the wagering denominations on machines is still to be determined. Industry representatives and gaming analysts don’t believe the technology will reach the casinos before 2007.

This technology is Not New. It was first developed by Kenilworth more than fifteen (15) years ago and licensed to the Totalizer Agency Board (“TAB”) of the State of Victoria, Australia, then a quasi-government agency.

Please click here for a film clip of the opening of the world’s first cashless slot casino that offered players the selection of ten (10) different games on slot machines dubbed “Player Activated Terminals” (“PAT’s”), and the selection of variable denomination wagering, (in Australian Dollars) for 5¢, 10¢, 25¢, 50¢, $1.00 and $5.00.

The PAT games are played on touch screens without the aid of any mechanical buttons to push, and managed by a pair of “Stratus Parallel Processor Computers” the same as servers currently process gaming and wagering at much less initial costs, and a Commodore B2000 computer installed in each PAT. (The Commodore computers are now replaced by a microprocessor that manages the wagering directly at the slot machine and is patented by Kenilworth in forty nine [49] industrialized countries.)

A further film clip titled “The Cashless Society” produced by the television program “Beyond 2000” in 1988 and shown more than twenty (20) times during the following twelve (12) months, demonstrates Kenilworth’s manufacturing skills and capabilities. The television program was filmed at Kenilworth’s twenty five thousand (25,000) square foot manufacturing plant and headquarters on Long Island, New York.

The Casino Industry is waking up to Roulabette™; tomorrow’s undisputed technology. Once the first casino operator provides the live casino action to its remote players and offers in-house table game tournament play, other casino operators will follow expeditiously.

Kenilworth’s lobbyists and professional consultants are lobbying in three (3) U.S. states and in three (3) foreign countries. With the expansion to nine (9) members of the Board of Directors, the expertise to negotiate with Legislators and Gaming Authorities to permit Roulabette™, has been greatly enhanced.

Earlier this year the rapid expansion of virtual, number generated, Internet gambling in Europe, which is prohibited by the Department of Justice (“DOJ”), has recently slowed primarily because of the DOJ’s new enforcement actions, and the novelty of virtual gaming, which is preset by number generators, is wearing off.

Kenilworth has obtained an Opinion from the worldwide Law Firm Greenberg Traurig, that Roulabette™ does not violate any DOJ regulations or in any country Roulabette™ has patents pending. Russia recently was the first country to approve the Roulabette™ patent.

Forward Looking Statement
This press release my be deemed to contain certain forward-looking statements with respect to Kenilworth’s business, financial conditions, involves risks and uncertainties including, but not limited to: the ability to obtain additional experienced management to further the business plans of Kenilworth, the ability to obtain necessary regulatory approvals from various regulatory bodies, approval by State Legislatures, economic conditions and other risks described on Form 10-K, 2004.

Contact: Kenilworth Systems Corp. (516) 741-1352, Roulabette@aol.com.

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