WPFH Announces Acquisition of Peer-to-Peer Betting Application
Los Angeles, CA, July 09, 2018 (GLOBE NEWSWIRE) -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of online technology, gaming platforms and brands, announces today that it has signed a definitive agreement to acquire a Peer-to-Peer betting application from DesignTech Software Labs (DTSL) for 450,000 shares of common stock of WPFH.
In furtherance of WPFH’s plan to expand its gaming and betting platforms, WPFH plans to integrate the Peer-to-Peer technology into its existing platform, Picking Duck. This will allow for all users, new and old, to bet directly with and to challenge their friends on the winners of sporting events.
“I am really excited about this addition to our growing games and betting applications. Friends have been betting friends since the beginning of time. Our new Peer-to-Peer betting technology will become an integral part of the future of sports betting. We are already excitedly discussing the opportunities and possibilities with our entire team,” says Travis Kasper, Chairman & CEO of WPFH.
About World Poker Fund Holdings, Inc.
World Poker Fund Holdings, Inc. is a leading developer and operator of online technology, gaming platforms and brands. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.
To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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