NEWS RELEASE

For Immediate Release

Curacao, Netherlands Antilles - September 1, 2004 - IGW Software, N.V., the on-line gaming software solutions group, announced today its appointment of Cameron Thomson Group as European business development partner. Cameron Thomson Group, a leading provider of business development solutions for the media/entertainment and interactive gaming industries, will assist IGW in building its European sales and distribution channel. IGW is a subsidiary of Global Entertainment Holdings/Equities, Inc., publicly traded on the OTCBB (Ticker Symbol: GAMM).

Cameron Thomson will orchestrate IGW's expansion into the UK and Continental European e-gaming markets, leveraging its track record in bringing best of breed on-line gaming technology applications to the growing e-gaming industry. IGW's integrated sportsbook, racebook, and casino products offer bookmakers a powerful mechanism for increasing revenues while reducing operating costs. Through IGW's advanced e-gaming technology products, the company can significantly improve the business dynamics of its on-line gaming industry clientele. IGW's single-account, multiple product platform approach affords bookmakers an exciting opportunity to improve fundamental economics.

IGW's partnership with Cameron Thomson provides the company access to strategic partnerships with relevant companies in the European e-gaming markets. "IGW recognized not only our specialized expertise in the European on-line gaming sector, but also our track record in building successful companies that maximize the value of their intellectual properties globally through traditional media, the Internet, and via evolving broadband and wireless distribution mediums," commented Ronald Thomson, President of Cameron Thomson Group.

"We are very excited about our partnership with IGW'," added Thomson. "Given advances in IGW's technological architecture including its migration to .NET, we believe the company's offering will represent a welcomed innovation for the UK and European e-gaming community."

IGW's seamless and integrated product suite includes sportsbook, racebook and casino - key application environments which are leveraged through IGW's unique series of value-added bolt-on products. These independent tools work as standalone modules, or in conjunction with the company's core gaming environments to allow bookmakers greater control to increase hold percentage, thus improving their rate of return. IGW's risk management suite, loyalty management engine, management information suite and other bolt-on tools deliver critical intelligence for bookmakers to make sounder decisions to increase the hold and profitability of their on-line gaming operations.

"We look forward to penetrating the UK and Continental European markets as a result of the relationship with the Cameron Thomson Group," commented Bryan Abboud, president of IGW. "We believe this firm will best create acceptance for IGW's state of the art and highly innovative solutions in these key markets."

Safe Harbour Statement
Some statements in this release are forward-looking and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

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About IGW Software

Curacao-based IGW Software, N.V., is a subsidiary of Global Entertainment Holdings/Equities, Inc., and since 1996 has been a leading developer of proprietary software for online gaming operators. IGW has developed innovative applications specifically designed to quickly and securely launch Internet-based casinos, racebooks and sportsbooks.

IGW offers comprehensive and agile turnkey solutions to bookmakers which represent easily operated and highly secure solutions in a visually rich, highly functional and safe environment. IGW assists clients in building successful online gaming businesses. IGW does not own or operate any gaming sites.

For further information, visit www.igwsoftware.com, contact Bryan Abboud at 305-374-2036, babboud@igwsoftware.com

About Cameron Thomson Group

Cameron Thomson Group Ltd. is a leading business development company specializing in providing corporate development and investment banking services to the media, gaming and entertainment industries. Drawing from its broad base of experienced and highly motivated professionals, Cameron Thomson's expertise is in transforming business ideas into prosperous commercial opportunities. Cameron Thomson has a track record in building successful new media companies that maximize the value of their intellectual properties globally through traditional media, the Internet, and via evolving broadband and wireless distribution mediums.

Cameron Thomson Group is based in Toronto, Canada, with offices in Milan, Italy, and in London, UK. As part of its core offering, the company is engaged in arranging financing for media, entertainment and IT companies. Cameron Thomson Group has established an enviable track record in financing start-up, early-stage companies, mature businesses and motion picture productions and other media projects.

For more information on Cameron Thomson Group, visit www.cameronthomson.com or contact:

In the UK - Ronald W. Thomson +44.0207.659.1191, rt@cameronthomson.com
rt@cameronthomson.com
In Canada - Michael Applebaum +1.416.350.5009, michael@cameronthomson.com
In Italy - Enrico Amiotti +39.02.236.0575, eamiotti@cameronthomson.com