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Is World Poker Fund $400 Million Soulja Boy Deal Real

IS WORLD POKER FUND'S $400 MILLION RAP ENDORSEMENT DEAL REAL?
 
Questions asked on Soulja Boy agreement.
 
World Poker Fund Holdings, a US publicly listed company describing itself as an online and event-based social gaming platform, has been drawing attention to its efforts with a steady stream of press releases for the past year or more, but last week scored wide coverage with a statement announcing a five-year $400 million endorsement deal with up-and-coming rapper Soulja Boy.
 
That would rank the 25-year-old self-made star among the top entertainers in show business.
 
The idea is to mobilise his reportedly 15 million social network following in support of the company’s online gaming assets, which include both CelebrityWorld.com and its planned “in-flight gaming” platform targeting 3 billion travellers worldwide through the Iowa Tribe of Oklahoma's recently legalised online poker offering (see previous InfoPowa reports).
 
However, there is some scepticism regarding the company's ability to make such pay-outs, with Yahoo Finance commenting: "Of course, there’s always the possibility that this whole thing is just a giant publicity stunt, meant to further the respective brands of both parties. For the time being, however, there just isn’t any evidence to support that theory."
 
Other publications have noted that WPFH shares are currently trading at just $1.68 a share; that the company has yet to see a profitable year after four years in business, and that it is still in the process of establishing the enterprise.
 
On the other hand, it has recruited some well-known names as brand ambassadors and advisors, including ex-WSOP main event champ Jamie Gold and the respected US online gaming legal expert Martin D. Owens; inked partnerships with the nascent on-demand TV network Lookhu, and secured the show rights to the International Poker League and its Vegas Open event; the World Poker Channel; and acquired a 49 percent shareholding in the Iowa Tribe of Oklahoma software provider Universal Entertainment Group.
 
The company has also hired an investor relations manager and signed an investment partnership with New York PR firm 1-800-PublicRelations, Inc. that will see WPFH benefit from access to 1800pr's resources, chief strategists, a full content marketing campaign and leverage in the firm media relations capabilities within the social gaming and event arena.
 
The PR company gets an undisclosed equity stake in WPFH in return.
 
Soulja himself made a surprisingly articulate case for his involvement with WPFH, saying in a statement:
 
“I invest in things I understand. I enjoy music, and, of course, gaming. Being an influencer is a form of currency. Having portfolio diversification is critical if you want to be an effective brand ambassador. With regards to World Poker Fund, I believe in its strategy, its team, the vision, and management’s ability to target its financial goals.”

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Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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