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World Poker Store Inc. Enters Agreement to Acquire Ownership in New Hampshire Charitable Gaming Business

Monday, 22 December 2014 08:58 AM

World Poker Store Inc.

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MINNEAPOLIS, MN / ACCESSWIRE / December 22, 2014 / World Poker Store Inc. (OTC Pink: WPKS) (PINKSHEETS: WPKS), has entered an agreement to acquire ownership in Ocean Front Gaming Inc. and Ocean Gaming at Hampton Beach New Hampshire. As the next step in the company's continued charitable gaming efforts in the state, this agreement will further boost World Poker's plans to open up to 4 charitable gaming facilities throughout the state, each offering table games, Craps, Roulette, Blackjack, cash poker and poker tournaments as well as Bingo.

Mr. Anthony Fusco will continue to head up operations for Ocean Gaming and WPKS in Hampton Beach and both are focused on continued growth in table games and lounge business. With recent rules approval by the New Hampshire Gaming Commission WPKS plans for placement of Lucky 7 pull tab machines in early 2015. Along with continued support from WPKS lobbyist and Vice President of Government Affairs, Rick G. Newman, the company will now also benefit from Mr. Fusco's extensive gaming and operations experience as well as consulting and advice from Mr. Newman. Both men are long time New Hampshire charitable gaming operators.

CEO, Chuck Chastain stated, "Our President, Marlin Torguson and I are very pleased with how things are progressing in the state of New Hampshire. We look forward to working with Anthony Fusco and are excited to have someone of his caliber on our team. His leadership and experience will serve as further inspiration and take WPKS to new heights in New Hampshire."

About World Poker Store Inc./World Poker Entertainment:

World Poker Entertainment is an international entertainment company with developing operations in Europe, China and the US. The company owns and operates bar poker leagues and charitable poker events in multiple countries. The company continues to expand its charitable gaming business and benefit from the support of its advisory board members, world class poker players Phil Hellmuth, Johnny Chan, Marcel Luske, Hoyt Corkins, Patrik Antonius and Liz Lieu. More about The World Poker Store Inc. can be found at www.worldpokerentertainment.com

Forward-Looking Statements

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

CONTACT:

Greg Needham

Email: [email protected]

Phone: 612-749-0262

 

SOURCE: World Poker Store Inc.

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