|By Marketwired .||
|February 21, 2014 06:00 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/21/14 -- Las Vegas From Home.com Entertainment Inc. (the "Company" or "LVFH") (TSX VENTURE:LVH)(PINKSHEETS:LVFHF)(BERLIN:LVH)(FRANKFURT:LVH) is pleased to announced it has signed a software licensing agreement (the "Agreement") with Goldstar Entertainment Group Inc. ("Goldstar") to offer LVFH's new HTML5 gaming platform to its players. Goldstar is a diversified social online gaming company and supplier of the "Opt in Push" marketing technology.
LVFH will create a new gaming site for Goldstar utilizing LVFH's HTML5 poker product, which allows users to play poker games and tournament through web browsers on their mobile devices. Under the terms of the Agreement, LVFH will receive an upfront licence fee and ongoing monthly royalties for the licensing of its software.
August Liguori, CEO of Goldstar stated: "We are excited about the relationship with LVFH and the power of the platform having multiple suites of games. This will enable Goldstar to partner with casinos for on-line social gaming tournaments and other strategic partners."
LVFH's President and CEO Mr. Jake Kalpakian states: "We're delighted to partner with Goldstar for this exciting opportunity. With their marketing expertise and our industry-leading mobile gaming platform, we are confident that the new site will achieve strong results. In addition, we are in negotiations with several premium hotel chains in Latin America for the licensing of our technology. Mobile is the key growth channel for the online gaming industry and our HTML5 gaming platform, which includes casino, poker and tournaments has recently generated a lot of interest within the industry, and we now anticipate to sign several additional licensing agreements in the very near future. As a result, we expect to experience strong and meaningful growth in the licensing side of our business, while at the same time continuing with our core operations and initiatives."
On behalf of the Board of Las Vegas From Home.com Entertainment Inc.
Jake H. Kalpakian, President & CEO
Statements in this news release which are not historical facts are "forward-looking statements" that involve risks and uncertainties. The reader is cautioned not to place undue reliance on forward-looking statements.
Trading in the securities of the Company should be considered speculative.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Las Vegas From Home.com Entertainment Inc.
Jake H. Kalpakian
(604) 681-0204 ext 6105
Goldstar Entertainment Group Inc.
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