Atlantis Internet Group Hires Red-Horse Financial Group as Financial Advisers
May 03 2011 - 6:30AM
Marketwired
Atlantis Internet Group Corp (PINKSHEETS:
ATIG) announced today that it has hired Red-Horse Financial Group
(RHFG) as its Financial Advisers. RHFG is an American Indian-owned
financial services/investment banking firm specializing in the
tribal gaming and commercial gaming sectors. RHFG assists Tribes in
structuring financial strategies and long term economic development
planning.
The financial advisory team, led by Wall Street powerhouse
Valerie Red-Horse, has assisted in tribal debt transactions and/or
financial advisory mandates ranging from $1 million to $500 million
totaling in excess of $2 billion dollars in transactions and has
worked with over 50 tribal nations. Owner Valerie Red-Horse has
more than 30 years of in-depth experience in the financial services
and investment banking industry and holds seven securities (FINRA)
licenses.
ATIG also named Jon Goldstein as its new COO. Goldstein, an
18-year veteran of the gaming industry, is an entrepreneur with a
proven track record of organizing and managing effective teams to
create profitable ventures. Goldstein co-founded, and has been
chairman and CEO of a global, gaming software company since March
of 2003. Goldstein holds over 100 gaming licenses in Tribal and
Commercial Casinos in the U.S. and has product (over 4000 games) in
over 35 countries worldwide.
ATIG has also named Toni Cowan as its Legal Counsel for Gaming
Compliance. Cowan most recently served as a consultant for the
gaming industry. Previously she was an attorney with the National
Indian Gaming Commission, Vice President for Gaming Compliance for
Americans Aristocrat Technology, Senior Deputy Attorney General to
the Nevada State Gaming Control Board and Senior Counsel to the New
Jersey Gaming Commission. Her knowledge has equipped her with
experience covering the longest regulated gaming jurisdictions in
the nation. Cowan's multi-jurisdiction gaming regulatory experience
will enhance the opportunities ATIG is pursuing.
With the recent indictments of three of the largest Internet
Poker companies that accepted U.S.-based players, a deep and
comprehensive understanding of the Federal and State laws and
regulations as they affect traditional and online gaming in the
U.S. is critical. ATIG's Tribal Gaming Network was designed to
operate within the guidelines of the Unlawful Internet Gaming Act
("UIGEA") and Indian Gaming Regulatory Act ("IGRA") and will offer
among other casino games the first legal nationwide Poker Network
on Indian lands. These new additions to the Atlantis team have the
legal and gaming experience to enhance both the public and gaming
aspects of ATIG.
ATIG has also included Native American decision makers in its
efforts to develop a true Tribal Gaming Network in the areas of
development, ownership, and operation. "In a recent article written
after the NIGA conference in Phoenix, there was a call for more
Native American participation on the side of suppliers, and we plan
to give Tribes that opportunity," said Donald L. Bailey, president
and CEO of Atlantis Internet Group, Corp.
Mr. Bailey will be a panel speaker at the iGaming conference May
4 at the Monte Carlo Resort & Casino in Las Vegas. ATIG will
also have a Tribal Gaming Network exhibit at the GiGSE Gaming
Summit at the Fairmont Hotel in San Francisco May 17-19. ATIG will
feature Motor City recording artist Freda Payne as a special guest
at its exhibit.
Forward-Looking Statements Any statements made in this press
release which are not historical facts contain certain
forward-looking statements, as such term is defined in the Private
Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
The actual results of the specific items described in this release,
and the company's operations generally, may differ materially from
what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the
company as of the date of this release, significant deviations in
magnitude, timing and other factors may result from business risks
and uncertainties including, without limitation, the company's
dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the
control of the company. The company disclaims any obligation to
update information contained in any forward-looking statement. This
press release shall not be deemed a general solicitation.
Contact: Linda Bailey 717-652-8015
http://www.AtlantisInternetGroup.com
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