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New Projects For World Poker Fund Holdings

Tuesday July 7,2015 : NEW POKER PROJECTS FROM WPFH

Poker entertainment company has fingers in many pies.

World Poker Fund Holdings, Inc. (WPFH), a poker orientated entertainment company and co-owner of the World Poker Channel, has detailed its latest poker projects which span the TV, internet and land-based channels.  They include sponsorship tournaments, reality TV shows and an interest in Native American Indian online gaming.

WPFH is majority owned by Lookhu, Inc. with other beneficial owners of the company listed as American boxer Floyd Mayweather and American entertainer’s Kyle Massey, Justin Bieber, Michael Ray Nguyen-Stevenson, Jason Paul Douglas Boyd (holding 10.02 percent), and De Andre Cortez Way aka Soulja Boy (5.02 percent).

The roles of director, chief executive officer and board chairman are all filled by one Brice Miller.

WPFH has promised the launch of online sponsorship tournaments, a series of non-cash multi-table tournaments designed to discover poker players and “develop careers for the next generation of poker all-stars.”

Finalists will reportedly have the opportunity to earn a spot in “a large tournament as a WPFH sponsored player” and the annual top-ranked members from the gaming community will be awarded with a three-year player's contract.

WPFH has licensed several reality TV Series, a statement said, and co-owns the World Poker Channel with LookHu.com, a new streaming media platform.

Reality TV series titles include Poker Boss, Urban Poker and America Loves Poker, production of which will take place at the TCL Chinese Theatre, the Lure Hollywood Nightclub, and the Supper Club Los Angeles.

Poker Boss, apparently already in pre-production, is a mafia-inspired reality show combining celebrities, poker pros and every day players from the street, producers Sam Riddle and Rob Huxley revealed.

Another major area of focus for WPFH is establishing relationships with Native American Indian Tribes for the development of online poker and gaming platforms “within the sovereign rights under the Indian Gaming Regulatory Act (IGRA)”, ground already well trodden.

To that end, WPFH have booked their seat at the table, saying it “will be developing an internet poker platform in California, as soon as it [poker] is legalised”.

WPFH’s latest SEC filing reveals an interesting company history dating back to 2007 :  https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=139384

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IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

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Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

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Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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