HeadsUp Entertainment and World Poker Showdown Ink Deal for Series of Televised Poker Tournaments in Dominican Republic and Cost
June 07 2011 - 4:14PM
HeadsUp Entertainment International Inc. (Pink Sheets:HDUP)
operators of the Canadian Poker Tour, Canadian Poker Player
Magazine and the Canadian Poker Player Television Network and World
Poker Showdown (WPS) today announced they have entered into a
series of agreements with casino venues to expand its poker tourism
business unit.
HeadsUp and WPS recently announced a strategic marketing
partnership on all poker tourism events and they have moved quickly
to secure 2 major events for the upcoming winter travel season in
the Dominican Republic and Costa Rica.
"The poker tourism segment is one of the most profitable of our
operations," said Kelly B. Kellner, president and CEO of HeadsUp
Entertainment International Inc. "These events are designed to
capture players from the U.S. market looking for a viable poker
outlet given the recent shutdown of several major online
sites."
Kellner said revenues from these events would come from
tournament fees, rake from cash games and pit play as well as
sponsorship.
"The events will be televised," said Kellner. "We are currently
in negotiations with several television networks and media outlets
and anticipate announcing a deal very soon."
He also said the properties we have secured are without peer and
make for a great destination for even the non poker players in the
family. "We will be offering our members tremendous travel packages
which are being developed with sponsors and partners." Because of
this, Kellner said they anticipate heavy demand and suggests those
interested in participating inquire as soon as further details are
available.
According to Kellner, since the filing of indictments against
three of the world's largest online poker sites nine weeks ago,
HeadsUp has seen its live poker tournament attendance up over 35%
across the board and the demand for international events growing
even greater.
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
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.
CONTACT: HeadsUp Entertainment International Inc.
Investor Relations
(403) 269-9039
Website: www.headsupentertainment.com
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