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Copyright 2004 PR Newswire Association,
Inc.
PR Newswire
August 27, 2004 Friday
HEADLINE: New Online
Poker Site built in Toronto begins countdown to launch
BODY:
In just 30 days, Check n Raise Poker.com
is going to take the online gaming industry by storm! Developed
in Toronto by Funtime Hospitality Corp., a publicly-traded company
on the TSX Venture Exchange, Check n Raise Poker.com will be opening
for business on September 26, 2004.
Check n Raise Poker.com has been in development
for seven months by a class-A team of technology, network security,
gaming strategy, legal, and business development professionals.
As well, Bob "The Poker Coach" Ciaffone, a World Series
of Poker finalist and world-renowned poker author, is a Director
of Funtime and has been providing tactical advice on how Check
n Raise Poker.com will become the best Poker website on the Internet.
Instead of becoming a "skin" of a
current poker website or licensing technology from a service provider,
Check n Raise Poker.com has gone against these homogeneous and
boring industry trends to instead develop proprietary technology.
This will allow their refreshing consumer programs and exciting
gaming promotions to be implemented in a fresh, new way that poker
players will find exhilarating.
The operations and servers for Check n Raise
Poker.com will be located in Curacao, Netherlands Antilles and
will be conducted through Funtime Hospitality Corp.'s wholly-owned
subsidiary, Check n Raise Poker N.V., a Netherlands Antilles corporation.
CEO with Extensive Gaming History in Ontario
Funtime Hospitality Corp. CEO Michael Mandel
is well-known in Ontario gaming circles. He formerly operated
Fundtime Games Inc., a private Ontario corporation engaged in
the business of providing personnel, gaming equipment and management
of gaming operations to licensed charities who operated roving
gaming casinos in the Province of Ontario.
When the Ontario government announced its intention
in 1996 to restructure the province's charity gaming industry
to permit permanent charity gaming hall locations, Fundtime formed
a joint venture with Consolidated Press Holdings Ltd., Australia's
major casino operator, to apply for licenses to develop and operate
some of these locations.
In September, 1997, the Corporation's joint
venture was granted six provincial licenses to operate charity
gaming clubs, and substantial sums of money were expended on site
selection and pre-opening costs. However, on June 26, 1998, the
Ontario government without warning or explanation revoked the
licenses, and announced plans to replace the proposed 44 charity
gaming clubs with four commercial-sized casinos that would be
owned and operated by the Province.
After lengthy negotiations, a financial settlement
was achieved with the Province.
Still committed to the validity of Gaming as
a profitable business venture, and aware of the incredible global
growth trend of Poker as an industry, Michael Mandel has decided
to get back "in the game" with a vengeance. He believes
that Check n Raise Poker.com will be the best Poker website built
by card players for card players, and will quickly grow to become
one of the top ten gaming websites on the Internet within a year
of its September 26, 2004 launch.
Interview Availability
Michael Mandel, Chairman and CEO of Funtime
Hospitality Corp. and CEO of Check n Raise Poker N.V., is available
for one-on-one interviews.
Bob "The Poker Coach" Ciaffone, World
Series of Poker Finalist, Poker Author and Director of Funtime
Hospitality Corp. is also available for one-on-one interviews.
For further information, or to set up an interview,
please contact Jeffrey Haas at 416.482.2142 x29.
High-resolution graphics (including the new
Poker table design) are available upon request.
About Check n Raise Poker.com
Launching on September 26 2004, Check n Raise
Poker.com will be one of the world's top online
poker sites. Managed by an executive team of experienced
gaming professionals, the company is fully licensed and regulated
by the gaming commission of Curacao, Netherlands Antilles. Check
n Raise Poker.com will offer a variety of poker games including
Texas Hold 'Em, Omaha Hi/Low, and Seven Card Stud, all powered
by a sophisticated random shuffling algorithm which guarantees
the site's integrity and honesty.
Please visit http://www.checknraisepoker.com
for more information.
Check n Raise Poker.com is owned and operated
by Check n Raise Poker N.V., a Netherlands Antilles corporation
which is a wholly-owned subsidiary of Funtime Hospitality Corp.,
a publicly-traded company on the TSX Venture Exchange.
SOURCE Funtime Hospitality Corp.; Check n Raise
Poker NV
CONTACT: For further information, or to set up an interview,
please contact Jeffrey Haas at (416) 482-2142 x29.
URL: http://www.prnewswire.com
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