HeadsUp Entertainment to Finalize Plans for Largest Poker Tournament Series in Canadian History
March 25 2010 - 6:00AM
Marketwired
HeadsUp Entertainment International Inc. (PINK SHEETS: HDUP) is
pleased to announce that its brand, the Canadian Poker Tour,
Canada's leading poker organization, is finalizing plans to host
the country's largest poker tournament series. This years Canadian
Open Poker Championships will build off its successes since the
inaugural event in 2006 and again feature its world renowned heads
up main event.
Steady growth and demand have led event organizers to propose a
schedule that could offer as many as 18 events over an 11 day
period in the third quarter of this year. With multiple cities
vying to host the Canadian Open, the Company anticipates having all
regulatory approvals, sponsorship partnership agreements and final
contracts in place very soon.
As one of the Company's proprietary events, the tournament
series looks to be a major profit centre for HeadsUp with new
sponsorship agreements, merchandise offerings and innovative event
coverage through the Company's recently launched Canadian Poker
Player Television Network.
Having attracted international poker pros and celebrities such
as Phil Hellmuth, Joe Hachem, Gavin Smith, Antonio Esfandiari, Phil
Laak and Jennifer Tilly in past years, management believes that
this years schedule will attract a field of pros and amateur
players many times larger than 2009's total of 758 entrants. It is
estimated that prize pools will exceed those ever seen in the
Canadian marketplace in the past.
Management believes that with over 3.5 million estimated poker
players in Canada and an estimated 40 million total poker players
in North America, this event will set a new benchmark in the poker
world and advance the Company's business plan and growth objectives
to continue to create shareholder value.
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global media and
entertainment company engaged in the creation of branded
entertainment through the development, production and marketing of
televised programming based on poker and other entertainment
themes. For more information see the Company's website
http://www.headsupentertainment.com/.
Forward-Looking Statements:
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, not guarantees of
HeadsUp Entertainment International Inc.'s future operational or
financial performance, and are subject to risks and uncertainties.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Due to the risks and uncertainties, actual events may
differ materially from current expectations. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contacts: HeadsUp Entertainment International Inc. Investor
Relations (403) 269-9039 (403) 269-9060 (FAX)
www.headsupentertainment.com
HeadsUp Entertainment (PK) (USOTC:HDUP)
Historical Stock Chart
From Jun 2024 to Jul 2024
HeadsUp Entertainment (PK) (USOTC:HDUP)
Historical Stock Chart
From Jul 2023 to Jul 2024