LVFH Enters Into Mobile Gaming Software Licensing Agreement
February 21 2014 - 5:00AM
Marketwired
LVFH Enters Into Mobile Gaming Software Licensing Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 21, 2014) - Las
Vegas From Home.com Entertainment Inc. (the "Company" or "LVFH")
(TSX-VENTURE:LVH)(PINKSHEETS:LVFHF)(BERLIN:LVH)(FRANKFURT:LVH) is
pleased to announced it has signed a software licensing agreement
(the "Agreement") with Goldstar Entertainment Group Inc.
("Goldstar") to offer LVFH's new HTML5 gaming platform to its
players. Goldstar is a diversified social online gaming company and
supplier of the "Opt in Push" marketing technology.
LVFH will create a new gaming site for Goldstar utilizing LVFH's
HTML5 poker product, which allows users to play poker games and
tournament through web browsers on their mobile devices. Under the
terms of the Agreement, LVFH will receive an upfront licence fee
and ongoing monthly royalties for the licensing of its
software.
August Liguori, CEO of Goldstar stated: "We are excited about
the relationship with LVFH and the power of the platform having
multiple suites of games. This will enable Goldstar to partner with
casinos for on-line social gaming tournaments and other strategic
partners."
LVFH's President and CEO Mr. Jake Kalpakian states: "We're
delighted to partner with Goldstar for this exciting opportunity.
With their marketing expertise and our industry-leading mobile
gaming platform, we are confident that the new site will achieve
strong results. In addition, we are in negotiations with several
premium hotel chains in Latin America for the licensing of our
technology. Mobile is the key growth channel for the online gaming
industry and our HTML5 gaming platform, which includes casino,
poker and tournaments has recently generated a lot of interest
within the industry, and we now anticipate to sign several
additional licensing agreements in the very near future. As a
result, we expect to experience strong and meaningful growth in the
licensing side of our business, while at the same time continuing
with our core operations and initiatives."
On behalf of the Board of Las Vegas From Home.com Entertainment
Inc.
Jake H. Kalpakian, President & CEO
Statements in this news release which are not historical
facts are "forward-looking statements" that involve risks and
uncertainties. The reader is cautioned not to place undue reliance
on forward-looking statements.
Trading in the securities of the Company should be
considered speculative.
The TSX Venture Exchange has neither approved nor
disapproved the contents of this news release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Las Vegas From Home.com Entertainment Inc.Jake H.
KalpakianPresident(604) 681-0204 ext 6105www.lvfh.comGoldstar
Entertainment Group Inc.August Liguori(561) 276-4546
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