Document:

PROMISSORY NOTE

  $390,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: January 26, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum of Three  Hundred  and  Ninety  Thousand  ($390,000)  Dollars of
            lawful money of the United  States,  together  with interest at four
            (4%) percent per annum calculated annually,  not in advance, as well
            after as before maturity or default, on the amount of principal from
            time to time remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                 PROMISSORY NOTE

  $600,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: February 02, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum of Six  Hundred Thousand  ($600,000)  Dollars of lawful money of
            the United States,  together  with interest at four (4%) percent per
            annum calculated annually,  not in advance, as well after as  before
            maturity or default, on the amount of  principal  from  time to time
            remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                 PROMISSORY NOTE

  $510,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: February 08, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum  of  Five  Hundred  and  Ten   Thousand  ($390,000)  Dollars  of
            lawful money of the United  States,  together  with interest at four
            (4%) percent per annum calculated annually,  not in advance, as well
            after as before maturity or default, on the amount of principal from
            time to time remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                 PROMISSORY NOTE

  $250,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: February 17, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum  of  Two  Hundred  and  Fifty  Thousand  ($250,000)  Dollars  of
            lawful money of the United  States,  together  with interest at four
            (4%) percent per annum calculated annually,  not in advance, as well
            after as before maturity or default, on the amount of principal from
            time to time remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                PROMISSORY NOTE

  $150,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: March 01, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum  of  One  Hundred  and  Fifty  Thousand  ($150,000)  Dollars  of
            lawful money of the United  States,  together  with interest at four
            (4%) percent per annum calculated annually,  not in advance, as well
            after as before maturity or default, on the amount of principal from
            time to time remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                PROMISSORY NOTE

  $100,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: March 06, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British  Columbia,  HEREBY PROMISES TO PAY to the order H.E. CAPITAL
            LTD (hereinafter referred. to as the "Lender"), of Casa De Sol, MJ19
            Paseo  Marino,  Perla  Marina,  Dominican  Republic,  the  principal
            sum  of One Hundred Thousand ($100,000) Dollars of  lawful  money of
            the United  States, together  with interest at four (4%) percent per
            annum calculated annually, not in advance, as  well  after as before
            maturity or default, on the amount of principal from    time to time
            remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
H.E. CAPITAL LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                  c/s

<page>

                                PROMISSORY NOTE

  $100,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: February 09, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British Columbia, HEREBY PROMISES TO PAY to the order of 658111 B.C.
            Ltd.(hereinafter referred to as the "Lender"), of  16403-87th Street
            Osoyoos, British Columbia, the principal sum of One Hundred Thousand
            ($100,000) Dollars of  lawful  money of the United  States, together
            with interest at four(4%) percent per annum calculated annually, not
            in advance, as well after as  before  maturity  or  default, on  the
            amount of principal from time to time remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
658111 B.C.LTD.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
/s/                                                  c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                     c/s

<page>

                                PROMISSORY NOTE

  $100,000.00 (US)                                                DUE: On Demand
                           Vancouver, British Columbia

                             Dated: February 09, 2006

            FOR VALUE RECEIVED,  INGENIUM CAPITAL CORP. (hereinafter referred to
            as the "Borrower"),  of 123 Christie Mountain Lane,  Okanagan Falls,
            British Columbia, HEREBY PROMISES TO PAY to the order  of  PARADISUS
            INVESTMENTS  CORP. (hereinafter referred to as  the "Lender"), of  7
            Magnolia Place, Osoyoos, British Columbia, the principal sum  of One
            Hundred Thousand ($100,000) Dollars of  lawful  money of the  United
            States,  together  with  interest  at  four(4%)  percent  per  annum
            calculated annually, not in advance, as well after as  before
            maturity  or  default, on  the amount of principal from time to time
            remaining unpaid.

                   1.     The Borrower  will repay ON DEMAND the  principal  sum
                          outstanding  al the time of such demand  together with
                          interest accruing thereon at the aforesaid rate,at the
                          offices of the Lender; and

                   1.     The Borrower,  if it duly observes and performs all of
                          the   covenants   on  its  part  to  be  observed  and
                          performed,  is at liberty from time to time to pay off
                          all or any  part of  the principal  as remains  unpaid
                          or any part of it, together with  applicable  interest
                          on  the  amount of  principal  so paid  to the date of
                          such payment without notice or bonus.

TIE BORROWER HEREBY waives demand and presentment for  payment  and  notices  of
non-payment or protest of this Note.

THE CORPORATE SEAL OF
PARADISUS INVESTMENTS CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory
                                                    c/s
-------------------------
Authorized Signatory

THE CORPORATE SEAL OF
INGENIUM CAPITAL CORP.
was affixed hereto in the presence of:

/s/
-------------------------
Authorized Signatory

-------------------------
Authorized Signatory
                                                     c/sEXHIBIT 10.1

                     SHARE SUBSCRIPTION AND OPTION AGREEMENT

This Share Subscription and Option Agreement (the "AGREEMENT") is entered into
on this 14th day of September 2006, by and between RNG Gaming Limited (the
"CORPORATION") a company incorporated in the Isle of Man with its registered
office at 9 Myrtle Street, Douglas, Isle of Man and company number 117182C and
Golden Palace Ltd., a limited company registered pursuant to the laws of Antigua
and Barbuda ("GP") and Gaming Ventures plc ("GV"), a company incorporated in the
Isle of Man with its registered office at 9 Myrtle Street, Douglas, Isle of Man
and company number 117177C

                              W I T N E S S E T H :

WHEREAS GV is currently the sole shareholder of the Corporation, being the owner
of One Million (1,000,000) Ordinary Shares;

AND WHEREAS, the GP wishes to subscribe for an amount of the Corporation's
Ordinary Shares such that GP will have a shareholding equal to twenty percent
(20%) of the Corporation's then issued share capital (the "SHARES"), for the
aggregate sum of Six Hundred Thousand United States Dollars ($600,000) (the
"PURCHASE PRICE") to be paid by GP to the Corporation.

1.   PURCHASE AND SALE; COMPLETION

     (a)  Upon the terms and subject to the conditions set forth in this
          Agreement and in reliance upon the representations and warranties made
          herein by each of the parties to the other, GP hereby subscribes for
          the Shares as set out below and tenders herewith the total
          subscription price as follows:

          --------------------------- ----------------------- ------------------

            NUMBER AND TYPE OF SHARES      PRICE PER SHARE     AGGREGATE PRICE

          --------------------------- ----------------------- ------------------
          Two Hundred Fifty  Thousand
          (250,000)  Ordinary Shares            $2.40            $600,000.00
          --------------------------- ----------------------- ------------------

     (b)  Simultaneously with the signing of this Agreement, the Corporation
          shall deliver to GP true and correct copies of the resolutions of the
          Corporation's Board of Directors approving the transactions
          contemplated herein, including Share subscription by GP in
          consideration for the receipt of the Purchase Price. Upon the
          completion of the foregoing conditions, GP shall deliver the Purchase
          Price to the Corporation, by wire transfer, to an account designated
          by the Corporation.

     (c)  The parties agree that the Purchase Price shall be retained by the
          Corporation and used solely to satisfy the operational expenses of the
          Corporation on a go-forward basis and, in particular, for software
          development as mutually agreed to by GP and GV, and that the Purchase
          Price shall not be used to satisfy any debts or obligations of the
          Corporation which existed prior to the date of this Agreement.

                                     - 1 -
<PAGE>

2.   OPTION

     (a)  GP shall, from time to time throughout the Option Period (as defined
          below), have the option, in its sole discretion, to purchase
          additional percentage interests in the voting shares of the
          Corporation (the "OPTION"). "OPTION PERIOD" means the period of time
          commencing on the date of this Agreement and terminating upon the
          earlier of: (1) the date which is fifteen (15) months from the date of
          this Agreement; (2) the Corporation becoming a public company; or (3)
          completion of a private placement of not less than Four Million United
          States Dollars ($4,000,000) by third parties, at a price equal to a
          valuation of Eighteen Million United States Dollars ($18,000,000.00).
          For clarity, the exercise of the Option shall mean the purchase of
          issued and outstanding Ordinary Shares directly from GV. The Option
          may be exercised by GP on one or more occasion and in amounts to be
          determined by GP in its sole discretion, provided that GP's total
          ownership of the Ordinary Shares in the Corporation shall not exceed
          fifty percent (50%), and not more than GV's holding. The Option
          purchase price to be paid by GP for each additional percentage
          interest in the Corporation shall be One Hundred Eighty Thousand
          United States Dollars ($180,000.00).

     (b)  The Option shall be exercised, from time to time throughout the Option
          Period, in accordance with the following terms and conditions:

          (i)  GP shall give written notice to the Corporation and to GV of its
               desire to exercise the Option (the "OPTION NOTICE"), along with
               payment to GV (by cheque or wire transfer) of 50% of the option
               price (the "OPTION DEPOSIT").

          (ii) The Option Notice delivered by GP shall specify the number and
               class of shares of the Corporation to be purchased by GP from GV
               (the "OPTION SHARES").

          (iii) Within 3 business days of receipt of the Option Notice and
               Option Deposit, GV shall deliver to GP:

               a.   share certificates representing the Option Shares, duly
                    endorsed for transfer to GP, and

               b.   a statutory declaration of an officer of GV confirming that
                    the Option Shares are owned by GV as the registered and
                    beneficial owner thereof with good and marketable title
                    thereto, free and clear of all mortgages, charges, pledges,
                    security interests, liens, encumbrances, actions, claims,
                    demands and equities of any nature whatsoever or howsoever
                    arising and any rights or privileges capable of becoming any
                    of the foregoing, and that GV's sale of the Option Shares to
                    GP has been duly authorized by all necessary corporate
                    action on the part of GV.

                                     - 2 -
<PAGE>

          (iv) Upon receipt of the foregoing share certificates and statutory
               declaration, GP shall deliver the remaining 50% of the purchase
               price for the Option Shares to GV.

3.   CONDITIONS

     This Agreement is conditional upon the parties entering into a unanimous
     shareholders' agreement with respect to the Corporation, in a form mutually
     satisfactory to the parties; and

4.   CORPORATION'S REPRESENTATIONS AND WARRANTIES

     The Corporation hereby represents and warrants that:

     (a)  VALID INCORPORATION. The Corporation is a corporation incorporated and
          validly subsisting under the laws of the Isle of Man.

     (b)  AUTHORITY. The Corporation has the power, authority and capacity to
          enter into this Agreement and to carry out its obligations under this
          Agreement and the execution and delivery of this Agreement and the
          completion of the transactions contemplated by this Agreement have
          been duly authorized by all necessary action on the part of the
          Corporation.

     (c)  BINDING OBLIGATION. This Agreement constitutes a valid and binding
          obligation of the Corporation enforceable against the Corporation in
          accordance with its terms subject, however, to limitations on
          enforcement imposed by bankruptcy, insolvency, reorganization or other
          laws affecting the enforcement of the rights of creditors and others
          and to the extent that equitable remedies such as specific performance
          and injunctions are only available in the discretion of the court from
          which they are sought.

     (d)  LEGALITY. The entering into of this Agreement and the consummation of
          the transactions contemplated hereby will not result in the violation
          of any of the terms and provisions of the constating documents of the
          Corporation or any applicable order of any court, arbitrator or
          government authority having jurisdiction over the Corporation or of
          any indenture or other agreement, written or oral, to which the
          Corporation is a party or by which it is or may become bound or, to
          the best of the knowledge and belief of the Corporation after due
          inquiry, of any law or regulation.

     (e)  ISSUANCE OF SHARES. Upon the payment of the Purchase Price, the Shares
          will be duly authorized, issued and delivered by the Corporation as
          fully-paid and non-assessable securities of the Corporation.

                                     - 3 -
<PAGE>

     (f)  SHARE ATTRIBUTES. Upon issuance, the Shares will have attached thereto
          the rights, privileges, restrictions and conditions as set forth in
          the Corporation's Memorandum of Association dated July 11, 2006, as
          may be modified by the unanimous shareholders' agreement to be entered
          into by the parties.

     (g)  OWNERSHIP OF SOFTWARE AND INTELLECTUAL PROPERTY. The Corporation
          proprietary multi-player blackjack software, more particularly
          described in SCHEDULE A hereto the "SOFTWARE") and all intellectual
          property as described in SCHEDULE B (the "INTELLECTUAL PROPERTY") is
          and shall remain throughout the Option Period the sole and exclusive
          property of the Corporation. No person or corporation has made or
          threatened to make any claims that the Software, the Intellectual
          Property or the operation of the business of the Corporation is in
          violation of or infringes any proprietary, intellectual property or
          trade rights of any third party. To the best knowledge of the
          Corporation, no third party is in violation of or is infringing upon
          any intellectual property rights of the Corporation.

     (h)  NO BREACH OR DEFAULT. The Corporation is not in default under any
          contract to which it is a party or by which it is bound, nor has any
          event occurred which, after the giving of notice or the passage of
          time or both, would constitute a default under any such contract. The
          Corporation has no reason to believe that the parties to such
          contracts will not fulfill their obligations under such contracts in
          all material respects or are threatened with insolvency.

     (i)  LITIGATION. There are no actions, suits or proceedings with respect to
          the Corporation involving claims by or against the Corporation which
          are pending or threatened against the Corporation, at law or in
          equity, or before or by any governmental body. No basis for any
          action, suit or proceeding exists to the best of Corporation's
          knowledge, and there are no orders, judgments, injunctions or decrees
          of any court or governmental agency with respect to which the
          Corporation has been named or to which the Corporation is a party,
          which apply, in whole or in part, to the business of the Corporation,
          or to any of the assets or properties of the Corporation or the
          Corporation's shares or which would result in any material adverse
          change in the business or prospects of the Corporation.

     (j)  POWERS OF ATTORNEY. There are no persons holding powers of attorney
          from the Corporation.

                                     - 4 -
<PAGE>

     (k)  INTERESTED PARTY TRANSACTIONS. No officer, director or shareholder of
          the Corporation, or any affiliate or immediate family member of any
          such person or entity or the Corporation, has or has ever had, either
          directly or indirectly, (a) an interest in any person or entity which
          (i) furnishes or sells services or products which are furnished or
          sold or are proposed to be furnished or sold by the Corporation, or
          (ii) purchases from or sells or furnishes to the Corporation any goods
          or services, or (b) a beneficial interest in any contract or agreement
          to which the Corporation is a party or by which it may be bound or
          affected. There are no such existing arrangements or proposed
          transactions between the Corporation and any officer, director, or
          shareholder of the Corporation, or any affiliate, associate or
          immediate family member of any such person. No employee, shareholder,
          officer, or director of the Corporation (or immediate family member of
          any such person) is indebted to the Corporation, nor is the
          Corporation indebted (or committed to make loans or extend or
          guarantee credit) to any of them, other than reasonable wages due in
          the ordinary course of business.

     (l)  NO MISREPRESENTATION OR OMISSION. No representation or warranty by the
          Corporation in this section 4 or in any other section of this
          Agreement, or in any certificate or other document furnished or to be
          furnished by the Corporation pursuant hereto:

          (i)  contains or will contain any untrue statement of a material fact;
               or

          (ii) omits or will omit to state a material fact necessary to make the
               statements contained therein not misleading; or

          (iii) will omit to state a material fact necessary in order to provide
               GP with accurate information as to the Corporation's business.

5.   GP'S REPRESENTATIONS AND WARRANTIES

     (a)  CORPORATE EXISTENCE. GP is a duly registered company established
          pursuant to the laws of Antigua.

     (b)  CORPORATE AUTHORITY. GP has all requisite right, power and authority
          to enter into this Agreement and to consummate the transactions
          contemplated herein. All corporate actions on the part of GP necessary
          for the authorisation, execution, delivery, and performance of all of
          GP's obligations under this Agreement have been taken. This Agreement,
          when executed and delivered by or on behalf of GP, shall constitute
          the valid and legally binding obligations of GP, legally enforceable
          against GP in accordance with its respective terms. No consent,
          approval, order, licence, permit, action by, or authorisation of or
          designation, declaration, or filing with any governmental authority on
          the part of GP is required that has not been, or will not have been,
          obtained by GP in connection with the valid execution, delivery and
          performance of this Agreement.

     (c)  EXPERIENCE OF GP. GP, either alone or together with its
          representatives, has such knowledge, sophistication and experience in
          business and financial matters so as to be capable of evaluating the
          merits and risks of the prospective investment in the Shares, and has
          so evaluated the merits and risks of such investment. GP is able to
          bear the economic risk of an investment in the shares and, at the
          present time, is able to afford a complete loss of such investment.

                                     - 5 -
<PAGE>

6.   NOTICES

     (a)  Any notice, request, instruction or other document required by the
          terms of this Agreement to be given to any other party hereto shall be
          in writing and shall be given either: (i) by facsimile, in which case
          notice shall be deemed to have been given at the date and time
          displayed on the sender's transmission confirmation receipt showing
          the successful receipt thereof by the recipient; or (ii) by hand
          delivery or Federal Express (or equivalent), in which case notice
          shall be deemed to have been given at the time that records of the
          delivery service indicate the writing was delivered to the addressee.

     (b)  Notice shall be sent:

          If to GP, to:                    If to the Corporation, to:
          11 Old Parham Road, St.          9 Myrtle Street, Douglas, Isle of Man
          John's, Antigua

          With a copy to:
          Trina K. Fraser                  Facsimile Number: ___________
          BrazeauSeller.LLP
          750-55 Metcalfe Street
          Ottawa, ON  K1P 6L5
          Facsimile Number: (613) 237-4001

          If to GV, to:
          _____________________
          _____________________
          Facsimile Number: ___________

          or to such other address as a party may have specified in writing,
          using the procedures specified above.

7.   ENTIRE AGREEMENT AND BINDING EFFECT

     This Agreement constitutes the entire agreement between the parties hereto
     and supersedes all prior agreements, understandings, negotiations and
     discussions, both written and oral, between the parties hereto with respect
     to the subject matter hereof and are not intended to confer upon any other
     person any rights or remedies hereunder except as expressly provided
     herein. The parties have not relied upon any promises, representations,
     warranties, agreements, covenants or undertakings, other than those
     specifically set forth or referred to herein.

                                     - 6 -
<PAGE>

8.   APPLICABLE LAW; RESOLUTION OF DISPUTES

     This Agreement and all questions relating to its validity, interpretation,
     performance and enforcement (including, without limitation, provisions
     concerning limitations of actions), shall be governed by and construed in
     accordance with the laws of the Isle of Man, notwithstanding any
     conflict-of-laws doctrines. All disputes arising hereunder shall be brought
     in the courts of competent jurisdiction in the Isle of Man, and each of the
     parties consents irrevocably to the jurisdiction and venue of such courts.

9.   COUNTERPARTS

     This Agreement may be executed in one or more counterparts and by
     facsimile.

10.  RELATIONSHIP OF PARTIES

     Nothing in this Agreement constitutes any party to be an agent or partner
     of the other party in any respect, and neither party will have any
     authority whatsoever with respect to the property or business of the other
     party except as expressly permitted.

WHEREFORE, The parties hereto have caused this Agreement to be executed and
delivered on the date first above written.

Executed as a deed by                Executed as a deed by GOLDEN PALACE LTD.
RNG GAMING LIMITED acting through    acting through two authorized officers:
two authorised officers:

/s/ Uri Levy                         /s/ Richarg G. Rowe
------------                         -------------------

Director _____________________       Director _____________________

Director/Secretary _____________     Director/Secretary ___________________

Executed as a deed by
GAMING VENTURES PLC acting through two
authorised officers:

/s/ Uri Levy
------------

Director _____________________

Director/Secretary _____________

                                     - 7 -
<PAGE>

                                   SCHEDULE A

                             DESCRIPTION OF SOFTWARE

The "Software" consists of the following software applications:

Multi player Blackjack Tournament software is a game in which players sit at a
blackjack table, play against the dealer, but compete against each other. The
concept is simple: all players `buy in' into the table with an equal amount of
"counter-chips", and they compete for a pre-determined number of rounds
("hands"). At the end of the last round, the player with the most chips is
declared the winner in the table and receives the relevant prize. The new
concept brings 24/7 availability to competitive blackjack players.

Each player is required to download a client software to his PC, and this client
application allows him to communicate with our main server and to play against
each other.

The software offers single and multi table online events where two to five
players are sitting in one multi player table to see who is the best player.
Once a predefined set number of players arrive, the game begins.

There are several game options that can be chosen by the players:

     o    Quick tournaments: "Shootouts" and "Heads up"

     o    Sit & Go tournaments: Single table (2-5 players) and multi table

     o    Tournaments: Regular and special

Multi table tournaments consist of a number of 5 players tables, allowing bigger
prizes and a more exciting tournament.

Back Office Management System (the "BACKOFFICE")

The Backoffice tool provides the Network Manager with game room management
capabilities. The Backoffice provides Tournaments creation and management module
which allows the game room management team the ability to manage the different
games which will be presented in the application main lobby, game related
customer service module, Game related marketing tools, Game related risk reports
and players activity reports.

<PAGE>

The Backoffice provides the administrator the ability to monitor its users'
activity and to specify different permissions to different users in order to
insure proper conduct by the different users.

The software applications described above include:

     1.   the related source code, which consists of the human readable
          embodiment of software computer code, which must be translated by a
          process generally known as "compilation" into object code before such
          software can be executed by a computer;

     2.   the related object code, which consists of the computer executable
          embodiment of software computer code, which is derived from the source
          code by a process generally known as "compilation" or any other
          process that translates the source code or some intermediate code
          derived from the source code into a form that can be executed by a
          computer;

     3.   all documentation, algorithms, concepts, data, designs, flowcharts,
          ideas, programming techniques, specifications and copy-rights related
          to the Software;

     4.   all updates, upgrades, enhancements, additions or other modifications
          of the above created during the Option Period; and

     5.   all copyrights related to the above.

<PAGE>

                                   SCHEDULE B

                      DESCRIPTION OF INTELLECTUAL PROPERTY

The "Intellectual Property" includes:

     1.   All provisional patents, patents, inventions and applications thereof
          used in or relating to the Software or the creation of the Software,
          and patents which may be issued out of current applications,
          (including divisions, reissues, renewals, re-examinations,
          continuations, continuations in part and extensions) applied for or
          registered in any jurisdiction, including (without limitation) the
          following:

               a.   ZFP-001PC (Serial No. PCT/US05/32790) filed 9/13/05,

               b.   Which claims priority to ZFP-001 (US Serial No. 11/166,462)
                    filed 6/24/05,

               c.   Which claims priority to ZFP-001PR (US Provisional Serial
                    No. 60/609,613) filed 9/14/04.

     2.   All trade-marks, trade names, service marks, and industrial designs
          used in or related to the Software or the creation of the Software,
          whether registered or not.

     3.   All trade secrets, technical information, concepts, methods,
          processes, designs, drawings, know-how, schematics, diagrams, design
          information, functional and technical specifications, inventions,
          discoveries, ideas, algorithms, techniques, and other tangible and
          intangible proprietary information, intellectual property, rights and
          interests used in or related to the Software or the creation of the
          Software.

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