On May 25, 2011, World Gaming Plc went out of business. World Gaming Plc, through its subsidiaries, operates Internet gaming sites. The company also licenses Internet gaming software systems and provides online gaming management services to independent licensees in the United Kingdom. Its Internet gaming Web sites include SPORTSBETTING.COM, Racebook.com, and Win4Real.com. The company offers a suite of gaming products that include approximately 17 casino games, various instant play games and a live sports wagering product line, a horse racing pari-mutuel betting system, and a third-party supplied multiplayer poker product. In addition, it provides hosting services. World Gaming Plc was incorporated in 1996 and is based in London, United Kingdom.