DHSM -
DHS Holding Co. Signs Contract With FenServices
NASHVILLE, TN--(Marketwire - Jan 9, 2013) - DHS Holding Co. (PINKSHEETS: DHSM ) -- President Charlie Barrett announced today that DHS Holding, Co. has reached an agreement with software vendor FenServices and Net Entertainment to lease and operate the online casino software engine that will drive the LuckyFoxCasino.com website. LuckyFoxCasino.com is owned and operated by DHS Belize, LTD, a wholly owned subsidiary of DHS Holding, Co.
Mr. Barrett stated, "Revenue for the online gaming industry reaches $180b worldwide and is growing rapidly. With the signing of this contract, we expect to have the LuckyFoxCasino.com website launched shortly."
LuckyFoxCasino.com will host a variety of games from poker to blackjack, slot machines and sports betting. The company is also in the process of developing an app for smart phones that will take the functionality of LuckyFoxCasino mobile.
Though LuckyFoxCasino.com will not be accepting or targeting United States patrons, Barrett did note that the Governor of Delaware, Jack Markell, signed a law (The Gaming Competitiveness Act of 2012) that makes Delaware the first state to offer internet gambling.
Barrett noted an article from USA Today that stated, "Delaware became the first state to enter the realm of legal online casino gambling... with the governor's approval of legislation that allows for full-service betting websites offering slots play and games like roulette, poker and blackjack. The state hopes to launch online gambling in 2013 and intends to make betting available on a variety of digital devices including smart phones and tablets."
Nevada has also proposed a bill for Online Gambling compacts, and a bill in New Jersey has passed both houses and is awaiting approval by Governor Chris Christie.
Source: USA Today.com
http://usatoday30.usatoday.com/news/nation/st...55897914/1
About the company
The primary focus of DHS Holding Co. is directed to pursue mergers and acquisitions of companies with potential for growth and success. DHS is aggressively moving to develop and expand on both domestic and international opportunities that include building a hotel and casino in Belize and launching an online casino through DHS Belize, LTD, a wholly-owned subsidiary of DHS Holding, Co.
Source Information
www.dhsholding.com
www.otcmarkets.com/stock/dhsm/quote
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: the Company's ability to increase revenue and profits in the current economic climate; the effect of changing economic conditions; inability to manage growth; and changes in government regulations, controls and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company's disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes," "expects," "anticipates," "intends," "estimates," "plans," "projects," "should," or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information
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Contact
DHS Holding, Co.
info@dhsholding.com
http://www.dhsholding.com
615-200-7402
