Online casino operator Gaming Corporation is feeling upbeat. So much so, in fact, that it has chosen to announce an issue of equity concurrently with its annual results. Preliminary results for the year ending 30 September have seen group turnover increase an impressive 90.2% from £842,593 to £8,602,709. Alhough it posted a loss of £791,275, it has vastly improved on last year's loss of over £2.4m. Gaming Corporation, since creating proprietory online casino operations in collaboration with Boss Media, is now confident that losses will soon be a thing of the past: 'Should the rise be replicated, based only on existing operations we are looking to be in profit next year,' claims the company communications director Damion Greef. The company are pleased as very little was spent on marketing and advertising its sites www.casino.co.uk and www.play.casino.co.uk. Also announced today was the placing of 26m shares at 2p per share. Trading will commence on 2nd December. The £520,000 to be raised is earmarked for future acquisitions; the company is determined to grow and are already in preliminary talks with two companies who operate on similar lines. 'We have put our cards on the table,' asserts Greef, 'and we have no intention of staying as a small cap company. Buy.