LAS VEGAS, NV--(Marketwire - September 9, 2010) - World Series of Golf, Inc. (
World Series of Golf kicked off its updated and expanded business plan last month with the announcement of new CEO Brown. The updated business plan includes a continuation of the Company's past golf tournaments that combine the wagering format of Texas Hold 'Em and the skill of golf. Past events have attracted celebrity players to include Ray Romano, Phil Ivey, Daniel Negreanu and others.
Letter of Intent to Acquire Rounder Magazine
In conjunction with the Company's new business plan, World Series recently announced a letter of intent (LOI) to acquire Rounder Magazine. Rounder Magazine, The Casino Lifestyle Magazine launched in December 2006, is a gaming lifestyle magazine distributed to casinos throughout the United States. It is also available by subscription and sold in various bookstores throughout the country. The fashionably hip magazine, which features the sport of poker, also includes insightful articles and schedules relating to the NFL, College Football, the PGA, NASCAR and MLB. This editorial variety, mixed with stunning photography, showcasing trendy fashions and the popular Rounder models, accounts for the magazine's extreme popularity and makes it totally unique in the gaming industry.
World Series of Golf® is a fully-reporting and audited company compliant and current with all regulations required to support transparency standards.
The Webcast will be posted to the Company website www.worldseriesofgolf.com upon release.
About Rounder Magazine (www.rounderlife.com)
Rounder Magazine, The Casino Lifestyle Magazine launched in December 2006, is a gaming lifestyle magazine distributed to casinos throughout the United States. It is also available by subscription and sold in various bookstores throughout the country. The fashionably hip magazine, which features the sport of poker, also includes insightful articles and schedules relating to the NFL, College Football, the PGA, NASCAR and MLB. This editorial variety, mixed with stunning photography, showcasing trendy fashions and the popular Rounder models, accounts for the magazine's extreme popularity and makes it totally unique in the gaming industry.
About World Series of Golf®, Inc.
Based in Las Vegas, World Series of Golf® (www.worldseriesofgolf.com) is a global sports and entertainment company whose activities include land-based and online, skill-based golf events featuring a patent-protected method of play. World Series of Golf®, combining the skill of golf and wagering format of No-Limit Texas Hold'em poker, was played at exclusive Las Vegas-area golf resorts in 2007 and 2008. The third annual World Series of Golf® was played May 11-14, 2009, at the Las Vegas Paiute Golf Resort. The company plans to achieve its international expansion goals through strategic partnerships, sponsorships, and the founders' extensive experience and contacts in the field of sports marketing. For additional information, or to register for an event, visit the company's website at www.worldseriesofgolf.com.
FORWARD-LOOKING STATEMENTS
Statements made in this news release may be forward-looking statements within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: (1) the availability of additional funds to enable us to successfully pursue our business plan; (2) the uncertainties related to the appeal and acceptance of our proprietary method of play and our planned on-line products; (3) the success or failure of our development of additional products and services; (4) our ability to maintain, attract and integrate management personnel; (5) our ability to secure suitable broadcast and sponsorship agreements; (6) our ability to effectively market and sell our services to current and new customers; (7) changes in the rules and regulations governing our business; (8) the intensity of competition; and (9) general economic conditions. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in World Series of Golf® 's most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission. World Series of Golf® assumes no obligation to update and supplement forward-looking statements because of subsequent events.
Contact Information:
Contact:
World Series of Golf(R), Inc.
info@worldseriesofgolf.com
702.740.1740