|By Business Wire||
|April 9, 2014 06:01 AM EDT||
Las Vegas From Home.com Entertainment Inc. (the “Company” or “LVFH”) (TSX-V: LVH) (US OTC Pink Sheets: LVFHF) (Berlin: LVH) (Frankfurt: LVH) is pleased to announce it will offer the Company’s latest mobile gaming platform to subscribers of one of the leading telecommunication companies in Latin America through Mondia Media’s digital distribution network. For more information on Mondia Media, please visit http://www.mondiamedia.com/.
LVFH will create a new social gaming client utilizing the Company’s latest HTML5 gaming platform, which has received strong interest from industry operators, as it provides greater accessibility to their customers by allowing them to play a comprehensive selection of poker and casino games on all mobile devices, such as iPhone, iPad, Android-based smartphones and tablets, without the need of downloading and installing the game.
For a one-time payment, users will be able to access our new social casino games through the exclusive app marketplaces managed by Mondia Media. LVFH and Mondia will open additional monetization channels such as subscription and in-app purchases in the coming months to grow revenue further.
Mondia Media’s general director Adrian Janon states: "We are thrilled to team up with LVFH to deliver its innovative mobile gaming solution to our customers in the Latin American market. We are very impressed with the quality of LVFH’s HTML5-based mobile games and we strongly believe the cross-platform feature and rich gameplay experience of these games will generate a lot of interests with our customers.”
LVFH’s President and CEO Mr. Jake Kalpakian states: “We’re delighted to partner with Mondia Media for this exciting opportunity, and be able to expand our product reach through their extensive digital distribution network. Latin America is a key strategic region for us, and this partnership not only allows us to reach over 70% of mobile subscribers in Mexico, but also the prospects of exploring additional strategic and mutually beneficial opportunities with both Mondia Media and its partners in the telecommunication industry. Furthermore, we have made significant progress in negotiations for additional real money software licensing agreements with a number of hotel chains in Mexico, which we believe will contribute material amounts to revenue in 2014 and accelerate our growth.”
For more information on the Company, please contact Jake H. Kalpakian, President, at (604) 681-0204 ext 6105, or visit the Company’s website at www.lvfh.com.
On behalf of the Board of
Las Vegas From Home.com Entertainment Inc.
“Jake H. Kalpakian”
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.
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