Released on = October 17, 2006, 1:54 pm

Press Release Author = Econ Corporate Services, Inc

Industry = Entertainment

Press Release Summary = GamingIndustryStocks.com Presents a Quarterly Update with
Dan Ahrens, Portfolio Manager for the Gaming and Casino Fund to Discuss the Positive
Outlook on Gaming Stocks

Press Release Body =
Gaming Industry Momentum Rises with Recent Casino Buyout Activity and the Rebound of
Video Gaming Stocks

GamingIndustryStocks.com Presents a Quarterly Update with Dan Ahrens, Portfolio
Manager for the Gaming and Casino Fund to Discuss the Positive Outlook on Gaming
Stocks
POINT ROBERTS, Wash., Delta, B.C., Oct 17th, 2006 - www.GamingIndustryStocks.com
(GIS), an investor and industry news portal for the gaming sector, presents an
online audio update with Dan Ahrens, Portfolio Manager for the Gaming and Casino
Fund (NASDAQ: GACFX), the only current mutual fund to specialize in the Gaming and
Casino Industry. Mr. Ahrens provides a quarterly update on the gaming industry and a
look at the buyout bid for Harrah's Entertainment, the buzz surrounding the new
video game consoles and the rebound in video game stocks, as well as the effect of
the current legislative environment for online gambling. Mr. Ahrens also reviews the
Gaming and Casino Fund's performance and his outlook on gaming stocks moving
forward.
November brings with it the much awaited launch of the Nintendo Wii and the Sony PS3
gaming consoles as these companies and the industry attempts to overcome the damage
to stock values that the steady delays had caused last year. Mr. Ahrens is already
seeing a rebound of the gaming stock market. "Gaming stocks in my opinion had become
undervalued and it was only a matter of time before we saw a great rebound. This
industry is already re-ignited with Activision up more than 40%, Electronic Arts up
more than 25% and a game retailer like GameStop being up over 32%, all in the last 3
months."

In looking at the online gambling market, the shadow hanging over this segment is
undoubtedly the legislative environment with the passing of U.S. legislation aimed
at prohibiting most forms of Internet gambling altogether. As Dan Ahrens describes,
"The companies with the most significant non-U.S. business will certainly survive,
but many will not. There will certainly be a great deal of consolidation. Worldwide
(non-U.S.), this is still expected to be a great growth industry."

The casino industry may be witnessing a shift in strategy by one of its gaming
giants, Harrah's Entertainment, as it evaluates the $15.5 billion buyout bid on the
table by two giant private equity firms, Apollo Management and Texas Pacific Group.
Dan Ahrens feels that Harrah's has recently been undervalued and is in fact very
much worth the bid that was put forth. "The offer did provide an additional boost to
an industry that was already getting rather 'hot' again going into the Fall, as
August and September gaming revenues were very good."

This deal presents the industry with a structure and opportunity that has not been
readily available as private equity has historically stayed away from the casino
arena, largely due to the cumbersome legislative process involved. However according
to Ahrens, "The rich real estate values associated with the Las Vegas strip and
other areas, combined with the steady revenue streams that casino gaming can
provide, makes entrance into this market very attractive." It is believed that this
deal will open the door for more private equity activity in the casino space.

To Listen to the Interview in Full Click Here:
http://www.gamingindustrystocks.com/Audio/GIS/1006/default.asp

GamingIndustryStocks.com (GIS), a portal within the InvestorIdeas.com content
umbrella, does not make recommendations, but offers a unique free information portal
to research news, blogs, articles, interviews and a growing list of participating
public companies in the gaming industry. GIS offers industry coverage through the
GamingIndustryStocks.com Blog: http://GamingIndustryStocks.blogspot.com/ and our
growing list of gaming stocks:
http://www.gamingindustrystocks.com/GIS/Stock_List.asp

Hear the latest CEO and analyst interviews, roundtables with industry experts and
online investor conferences as an additional source of research and due diligence on
our audio investor portal: http://www.audioinvestorforum.com/audio_stocks/

GIS is also available in Chinese: http://www.GamingIndustryStocks.com/GIS_CN/


InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites
do not make recommendations, but offer information portals to research news,
articles, stock lists and recent research. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. We attempt to
research thoroughly, but we offer no guarantees as to the accuracy of information
presented. All Information relating to featured companies is sourced from public
documents and/ or the companies themselves and is not the opinion of our web sites.

For more information contact:

Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com

Web Site: www.InvestorIdeas.com

Source: GamingIndustryStocks.com, Gaming and Casino Fund



Web Site = http://www.gamingindustrystocks.com

Contact Details = Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com