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The World Poker Store, Inc. Announces Developments in China and Europe ST. PAUL, MN--(MARKET WIRE)--Aug 22, 2008 -- The World Poker Store, Inc. (Other OTC:WPKS.PK - News), an international
entertainment company, began membership sales
efforts for its Chinese upscale executive and entertainment
club, Palace,
this week in multiple cities in China. Initial quantities
of VIP
memberships are available with tiered levels of benefits
and corresponding
prices including a premium Life Time membership offered
for just under One
Million Yuan ($146,000 US). Considering the success of Life
Time membership
sales at other exclusive clubs in China, the company believes
the prestige
of the Life Time membership status will help drive sales
for Palace as
well. With scheduled Palace openings in Loudi China in 2008
and in Sanya on
Hainan Island in 2009, members will enjoy VIP treatment
at both venues, at
additional Palace partner establishments and at all future
Palace
locations. Members will also have the opportunity to compete
with
international Bar Poker League members in the United States
and Europe
through free live Texas Hold 'em tournaments and a world
wide point system
calculated and displayed on www.theworldpokerstore.com.
Recent European
developments for the league include the scheduled launch
in Germany with a
team poker tour in October and continued support of a poker
television show
in the Netherlands through use of league systems and tournament
execution
as entertainment in bars throughout Holland. With close
to 200,000
potential television poker participants the league will
consult and execute
tournaments for the third season of the show. The company
continues its
efforts to launch the league in other European countries
as well. About The World Poker Store, Inc. The World Poker Store is currently expanding The Bar Poker League and its proprietary Player Card system through license agreements and league sponsorships in the United States and Europe. Further expansion into China continues with company owned and operated upscale, membership based, entertainment clubs that offer Las Vegas style entertainment, Texas Hold 'em poker tournaments and VIP amenities. The World Poker store also continues to benefit from the support of its advisory board of world class poker players Marcel Luske, Phil Hellmuth, Johnny Chan, Patrik Antonius, Hoyt Corkins and Liz Lieu as they promote the company and the league world wide. Additional information about The World Poker Store can be found on its website www.theworldpokerstore.com. This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. Contact: CONTACT:
Mike Sikkink
PHONE: 651-286-8918
EMAIL: investorrelations@theworldpokerstore.com
Source: The World Poker Store, Inc.
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