Trans World Corporation (OTCBB: TWOC) announced today that it will issue its financial results for the second quarter ended June 30, 2010 on Thursday, August 5, 2010 prior to the opening of the stock market.

The Company will discuss these results in a conference call later that day at 2:00 p.m. ET.

The dial-in numbers are:

(877) 639-6921 (US)

(706) 643-4470 (INTERNATIONAL)

Please call in 10 minutes before the scheduled start time, and ask for the Trans World call (Conference ID # 88532597).

The conference call will also be webcast live via the Investor Relations section of Trans World's website at www.transwc.com, or by clicking the following link: http://investor.shareholder.com/media/eventdetail.cfm?eventid=84565&CompanyID=ABEA-4BSS1X&e=1&mediaKey=F5018C21DD2F0A99E727DE3BDA4FAE6B

To listen to the live call, please go the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the website for 30 days.

About Trans World Corporation

Trans World Corporation (?TWC? or the ?Company?), founded in 1993, is a publicly traded, US corporation with gaming and hotel operations in Europe. TWC's casinos operate under the registered brand name American Chance Casinos (?ACC?) and are strategically located in border towns in the Czech Republic and in the case of its Croatian casino, near a resort city. The Company owns and operates the Ceska and Rozvadov casinos on the Czech-German border near Regensburg, Germany; Route 59 Casino, Hotel Savannah and the Spa at Hotel Savannah on the Czech-Austrian border north of Vienna, Austria; and Route 55 on the Czech-Austrian border north of Linz, Austria. TWC also operates the Grand Casino Lav near Split, Croatia under a management contract.

Additional information about TWC and its Czech subsidiaries, American Chance Casinos and Hotel Savannah, can be found at www.transwc.com, www.american-chance-casinos.com and www.hotel-savannah.com.

The press release herein contains certain forward-looking statements and data. For this purpose, any statements and data contained herein that are not historical fact may be deemed to be forward-looking data. Without limiting the foregoing, words such as ?may,? ?will,? ?expect,? ?believe,? ?anticipates,? ?estimates,? or ?continue? or comparable terminology or the negative thereof are intended to identify certain forward-looking statements. These statements, by their nature, involve substantial risks and uncertainties, both known and unknown, and actual results may differ materially from any future results expressed or implied by such forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements or data whether as a result of new information, future events or otherwise.

Trans World Corporation
www.transwc.com
Rami Ramadan, CEO
RRamadan@transwc.com
212-983-3355
or
Investor Relations Counsel:
The Equity Group Inc.
www.theequitygroup.com
Adam Prior, Vice President
APrior@equityny.com
212-836-9606
or
Melissa Dixon, Senior Account Executive
MDixon@equityny.com
212-836-9613