Montreal, Quebec, October 24, 2006 – Optimal Group Inc. (NASDAQ: OPMR) will report third quarter 2006 results on Monday, November 6, 2006, after the market close.

Optimal's conference call will be held on Tuesday, November 7, 2006 at 10:00 am (EST). It is the intent of Optimal's conference call to have the question and answer session limited to institutional analysts and investors. The call can be heard beginning at 10:00 am (EST) as an audio webcast via Optimal's website at www.optimalgrp.com. As well, Optimal invites retail brokers and individual investors to hear the conference call replay by dialing 514-861-2272 / 1 800-408-3053 access code 3200707#. The replay may be heard beginning at 11:00 am (EST) on November 7, 2006 and will be available for five business days thereafter.

For information about Optimal, please visit the Company's website at www.optimalgrp.com.

Gary S. Wechsler
Chief Financial Officer
Optimal Group Inc.
(514) 738-8885
gary@optimalgrp.com