This free site has some great reading practice.
When you go to the home page #2 is called "Learn to Read". It has some great books to read online and it helps beginning readers sound out words. It also has some games that coincide with the specific skills. If you'd like you can go to the Download Center and print the books your child likes...just click "Level I Cut-Up/Take-Home Books"
If your child is already reading check out #4 "I'm Reading"