Simulcasting Signals Head South.

ERLANGER, Ky. -- Last week Kentucky-based Charlson Broadcast Technologies (CBT) entered into long term agreements with Maryland-based AmTote International, Inc. and Connecticut-based BLB Inc./Wembley USA. AmTote will provide the gateway necessary to commingle wagers from international simulcasting outlets and BLB will provide content rights to U.S. horse and greyhound racing.

Beginning with South America, CBT secured exclusive agreements with racetrack operators in Venezuela and Brazil and will begin simulcast wagering later this month in partnership with Carnegie Cooke and Company, Inc. at the Campos racetrack and its OTB network in Brazil.

CBT and its partners will provide horseplayers in these countries the opportunity to wager on international horse and greyhound racing with unlimited wagering, track odds, all available host track wager types with true track payoffs. All foreign currencies wagered will be converted into U.S. dollars before being fully placed into the host track pools. CBT developed its International Wagering Terminal (IWT) that functions as a point of sale (POS) terminal accepting and cashing wagers as well as generating multiple video displays of odds, exotics, results and changes and printing translated licensed Equibase(R) programs from a single PC. The IWT will also interface with popular sports and lottery systems where legal. CBT currently streams more then thirty channels of broadcast quality video to its international locations using a secure VPN over the internet and satellite.

"CBT has developed ground-breaking, inexpensive technology to provide secure content delivery anywhere in the world," said CBT CEO, Cary Charlson. "We tested the IWT in Peru for more then a year before completing installation at the racetrack in Campos, Brazil. Our international initiative has benefits to both foreign and US racing interests. The foreign horseman will benefit from a percentage of revenue in their respective markets. US racing interests are likely to see a sharp decline in foreign bookmaking as the better, commingled product with guaranteed payouts gains acceptance. CBT's technology now makes the entire process simple and extremely cost-effective."

CBT has long been an innovator in the racing industry. The company created patented technologies and developed many software products in use throughout the racing industry. Its "Grand Central" interface in 1991 was followed in1997 by the industry standard "O'Hare" interface, pioneering the now-common look of displaying the odds and other betting information continually during racing. Since the dissolution of its partnership with Churchill Downs in 2003, CBT has continued to focus on the development of software and technology that provides greater financial opportunities for racing interests in foreign venues.

About AmTote, BLB and CC&C.

AmTote International Inc. is a Maryland -based company whose roots have long been a part of racing, having implemented its first totalisator system in 1933 at Arlington Park Racetrack. AmTote has provided, over the years, unparalleled service to its customers. www.amtote.com.

BLB Investors, LLC. is a Connecticut -based company BLB Investors is comprised of three of the world's most accomplished leisure and gaming operators, developers and managers. The group includes Kerzner International Limited (NYSE: KZL), Starwood Capital Group Global, LLC and Waterford Group, LLC. of Waterford, Conn., companies that partnered in developing the Mohegan Sun casino in Connecticut, also own stakes in BLB Investors. In July 2005, BLB acquired the U.S. holdings of Wembley USA, located in Rhode Island and Colorado; Lincoln Park Greyhound Park (Rhode Island), Arapahoe Park, Mile High Greyhound Park, Havana Park, Post Time Greyhound Park and Pueblo Greyhound Park (Colorado). Contact Sean Beirne at Arapahoe Park at [phone] x266 or [e-mail].

Carnegie Cooke and Company, Inc.

Carnegie Cooke & Co., Inc. (OTC: CGKY) became a publicly traded company in 2000. The turf industry in Brazil is divided among non-profit jockey clubs. Each Jockey Club owns a race track and has the right to open off-site betting agencies in its designated area. In 2000, Carnegie do Brazil purchased the Jockey Club El Dorado ("El Dorado") in Porto Alegre. The purchase included land and equipment appraised at over US$10,000,000 and a contract that granted El Dorado exclusive rights to distribute an international simulcast horse racing signal throughout Porto Alegre. Through this purchase, Carnegie do Brasil obtained the licenses and exclusivity agreements necessary to establish a gaming presence in Brazil. It currently is the only company in Brazil that is able to accept wagers on international simulcast from United States tracks. http://www.carnegiecooke.com/about.html

For more information contact Charlson Broadcast Technologies at 859-283-3000.