(WSGF) World Series of Golf, Inc. to Continue Hosting Tournaments Combining Wagering Format of Texas Hold 'Em and Skill of Golf
August 26 2010 - 9:50AM
Marketwired
World Series of Golf®, Inc. (PINKSHEETS: WSGF) (OTCQB: WSGF)
recently announced an updated and expanded business plan. The
kickoff of the new plan started last week with the announcement of
new Chief Executive Officer (CEO) Patrick Brown. Mr. Brown is
scheduled to conduct a Webcast tomorrow in conjunction with the
Company's recently filed second quarter financial report. World
Series of Golf® is a fully-reporting and audited company compliant
and current with all regulations required to support transparency
standards. The updated and expanded plan will include a
continuation of the Company's past golf tournaments that combine
the wagering format of Texas Hold 'Em and the skill of golf. Past
events have attracted celebrity players to include Ray Romano.
"World Series of Golf® has patent protected intellectual
property, a recognized brand name, and an existing agreement to
acquire complementary assets that will expand the Company's
potential. More information regarding the Company's plans including
a letter of intent to acquire Rounder Magazine and to host a
November Golf Tournament in Las Vegas will be provided in an
overview of the Company's updated and expanded business plan
presented through an on-demand Webcast scheduled to be released
tomorrow, August 27th," stated incoming CEO Patrick Brown.
Patrick Brown brings a strong background to his role with World
Series of Golf, mixing an entrepreneurial background in online and
gaming entities with his equally valuable experience in the Fortune
500 environment. He previously helped lead a micro-cap company in
the development and launch of an online wagering product, and
handled the day to day operations, leading to the eventual sale of
the operations to a friendly competitor. He has also developed
innovative wagering opportunities, which included a U.S. patent
filing for a wagering method of play. Recognized as an industry
leader, he has been sought out as a presenter and moderator at a
wide range of industry events, including an international mobile
gaming conference. Mr. Brown earned his undergraduate degree in
business management from Xavier University and a law degree from
University of Cincinnati.
About World Series of Golf®, Inc.
Based in Las Vegas, World Series of Golf®
(www.worldseriesofgolf.com) is a global sports and entertainment
company whose activities include land-based and online, skill-based
golf events featuring a patent-protected method of play. World
Series of Golf®, combining the skill of golf and wagering format of
No-Limit Texas Hold'em poker, was played at exclusive Las
Vegas-area golf resorts in 2007 and 2008. The third annual World
Series of Golf® was played May 11-14, 2009, at the Las Vegas Paiute
Golf Resort. The company plans to achieve its international
expansion goals through strategic partnerships, sponsorships, and
the founders' extensive experience and contacts in the field of
sports marketing. For additional information, or to register for an
event, visit the company's website at
www.worldseriesofgolf.com.
About Rounder Magazine (www.rounderlife.com)
Rounder Magazine, The Casino Lifestyle Magazine launched in
December 2006, is a gaming lifestyle magazine distributed to
casinos throughout the United States. It is also available by
subscription and sold in various bookstores throughout the country.
The fashionably hip magazine, which features the sport of poker,
also includes insightful articles and schedules relating to the
NFL, College Football, the PGA, NASCAR and MLB. This editorial
variety, mixed with stunning photography, showcasing trendy
fashions and the popular Rounder models, account for the magazine's
extreme popularity and make it totally unique in the gaming
industry.
FORWARD-LOOKING STATEMENTS Statements made in this news release
may be forward-looking statements within the meaning of Federal
Securities laws that are subject to certain risks and uncertainties
and involve factors that may cause actual results to differ
materially from those projected or suggested. Factors that could
cause actual results to differ materially from those in
forward-looking statements include, but are not limited to: (1) the
availability of additional funds to enable us to successfully
pursue our business plan; (2) the uncertainties related to the
appeal and acceptance of our proprietary method of play and our
planned on-line products; (3) the success or failure of our
development of additional products and services; (4) our ability to
maintain, attract and integrate management personnel; (5) our
ability to secure suitable broadcast and sponsorship agreements;
(6) our ability to effectively market and sell our services to
current and new customers; (7) changes in the rules and regulations
governing our business; (8) the intensity of competition; and (9)
general economic conditions. Additional factors that could cause
actual results to differ materially from those projected or
suggested in any forward-looking statements are contained in World
Series of Golf® 's most recent periodic reports on Form 10-K and
Form 10-Q that are filed with the Securities and Exchange
Commission. World Series of Golf® assumes no obligation to update
and supplement forward-looking statements because of subsequent
events.
Contact: World Series of Golf®, Inc. info@worldseriesofgolf.com
702.740.1740
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