• OPTIMAL GROUP STATES US LAW AS RELATES TO FIREPAY WILL HAVE SIGNIFICANT IMPACT

    02 October 2006

    Newspaper

    CNW GROUP

    Optimal Group Makes Announcement Regarding U.S. Legislative Impact upon its FireOne Group plc Subsidiary

    MONTREAL, October 2 /CNW/ – Optimal Group Inc. (NASDAQ:OPMR) today made
    the following announcement regarding the adoption by the United States
    Congress of the Unlawful Internet Gambling Enforcement Act of 2006.

    On September 30, 2006, the United States Congress passed the Unlawful
    Internet Gambling Enforcement Act of 2006. The Act, upon becoming law, will
    prohibit gambling businesses from accepting any financial instrument in
    connection with unlawful Internet gambling. The Act will become law upon its
    approval by the President of the United States, which the Company expects will
    occur in the coming days. The Act does not define “unlawful Internet gambling”
    nor does it make unlawful any activities by financial institutions that are
    not themselves gambling businesses. The Act directs the United States Federal
    Reserve and the Department of the Treasury to develop regulations that would
    direct financial institutions to identify and block certain types of financial
    transactions connected with unlawful Internet gambling.

    Optimal Group holds approximately 76% of the issued and outstanding
    shares of FireOne Group plc (London Stock Exchange (AIM): FPA). FireOne Group
    is a provider of payment processing services for the online gaming industry.

    The enactment of the Unlawful Internet Gambling Enforcement Act of 2006
    will have a significant negative impact on the business and results of
    operations of FireOne Group, and therefore the Company.

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