Beneficial Holdings Establishes In-House Marketing Company
September 30 2010 - 11:08PM
Marketwired
Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), announced today the
formation of Beneficial Marketing, Inc., a Colorado corporation,
that will act as the exclusive full service advertising agency that
will market the bet.cr by Beneficial brand casino worldwide,
excluding the United States.
The Company has budgeted a significant amount of money to
promote the highly anticipated launch of their bet.cr by Beneficial
website. The creation of an ad agency was taken to increase the
bottom line revenues. The volume of advertising revenues that the
Company expects to spend worldwide requires the Company to take
advantage of all discounts and commissions afforded to advertising
agencies.
As an industry standard, advertising agencies receive a 15%
discount. Beneficial believes that, considering the monetary volume
that they anticipate spending for the launch of bet.cr by
Beneficial, they should take advantage of any and all discounts and
rebates that are available.
Beneficial Marketing, Inc. is already staffed by bilingual
advertising representatives who will also assist with customer
service.
Beneficial Marketing will also support the Company in
approaching other land-based casino companies that do not presently
have an online presence with proposals to form joint ventures.
"There are many casinos throughout Central and South America that
have a reputable brand for their online casinos that could become
bet.cr affiliates and distribute co-branded disks to their
customers for lifetime residual commissions of 30 to 45%," Alex
Papic, Vice President of Beneficial Holdings, Inc., said.
ABOUT BENEFICIAL HOLDINGS, INC.
Beneficial Holdings, Inc. is an international casino investment
and ownership-management holding company, specializing in acquiring
undervalued gaming assets. The Company owns a hotel in Managua, a
fully operational restaurant, bar, and casino also in Managua, and
a slot parlor in Masaya, Nicaragua. The Company has agreements in
place to build another hotel in El Crucero, Nicaragua, and is
negotiating several Central American gaming projects.
This release does not constitute an offer of securities for
sale. It contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These statements involve risks and
uncertainties that could cause results to differ. Statements are
based on information available as of today and the company
undertakes no obligation to update statements to reflect future
occurrences.
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Media Relations Beneficial Marketing, Inc.
www.beneficialholdings.info www.bet.cr www.hotelbeneficial.com
+505-8367-3333 Telephone
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