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world poker fund holdings in (WPFH) Details

World Poker Fund Holdings, Inc. provides sponsorship tournaments, entertainment, Web gaming, and casino and resort services. It discovers and develops poker careers for up-and- coming poker players; and produces reality TV series that are also offered on online. World Poker Fund Holdings, Inc. was formerly known as World Poker Fund Inc. and changed its name to World Poker Fund Holdings, Inc. in January 2015. The company is based in Los Angeles, California.

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World Poker Fund Holdings, Inc. Announces Earnings Results for the Nine Months Ended September 30, 2018; Announces Strategic Partnership to Co-Promote and Market Its Mixed Martial Arts Tournaments

World Poker Fund Holdings, Inc. announced earnings results for the nine months ended September 30 2018. For the period, the company reported total revenues were $2,500,000 with net income reported as $2,448,925. World Poker Fund Holdings, Inc. announces a strategic partnership with World Kungfu Association Asia Pacific (WKA AP) and Studio Tones, Inc. to co-promote and market its mixed martial arts tournaments as well as its online and mobile platforms. WKA is a leading martial arts organization in Asia in which prominent sport figures such as Manny Pacquiao serves as a board member. WKA along with many major Chinese MMA organizations will be providing its tournament contents on Jukebucks, an online and mobile platform exclusively developed and managed by Studio Tones, Inc. in Korea. WPFH will tap into its extensive partnership and celebrity network as well as its subsidiary companies to help the new platform. Picking Duck, a premier online and mobile sports platform, will work closely with Jukebucks to share, co-develop and promote and WPFH will utilize its customer database to introduce the new platform to users in the US and Europe especially.

World Poker Fund Holdings, Inc. Secures Contract to Design, Build and Oversee the Development of Master Data Center for All of the Online Gaming/Casinos of the Castilblanco Luxury Casino & Resort Project in Spain

World Poker Fund Holdings, Inc. (WPFH) announced that it has secured a contract to design, build and oversee the development of a master data center for all of the online gaming/casinos of the Castilblanco Luxury Casino & Resort Project in Spain. This will include the creation and maintenance of data centers for all of the affiliated casinos and gaming data center needs. WPFH will partner with Periodic Holdings, Inc. to build out custom data centers to manage and run the online gaming presence for all of the casinos associated with the upcoming Castilblanco Luxury Casino & Resort Project. WPFH has been working closely on the project and has already obtained a license to run its own online casino. The Castilblanco Luxury Project is 1,600 Hectares (over 3,900 acres) and, when completed, will be larger than the Las Vegas Strip. The development will include a golf course, sports stadium, waterpark, mall, luxury living and 8-23 casinos. WPFH has also helped secure the design and development expertise of Cora Global Concepts for the project. The data center will be a significant undertaking and is estimated to eventually house over 100 online casinos (accessible throughout all of the European Union). WPFH will work with each casino group to build a custom data center sufficient to meet their data needs and size. WPFH projects the build-out cost for the master data center to be between USD 1.5 to USD 3 million. WPFH will collect a monthly maintenance fee from each online casino based on the amount of users and data used.

World Poker Fund Holdings, Inc. Secures a Global Licensing Agreement for its Peer-to-Peer Betting Technology with PW Holdings

World Poker Fund Holdings, Inc. announced that it has secured a global licensing agreement for its Peer-to-Peer Betting technology with PW Holdings (PW). The Licensing deal is initiated by a Private Placement deal where PW also will purchase 1 million common shares in WPFH for $2,500,000. WPFH recently acquired the Peer-to-Peer betting technology with big plans for its use. WPFH will license the technology in its current format to PW, which is already planning to roll out the app in Asia and Europe initially. WPFH will work on integrating this Peer-to-Peer betting technology into its existing platform, Picking Duck™. The Peer-to-Peer betting technology will allow friends to challenge and bet directly with their friends on sporting events.

 

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