NEW YORK, Jan. 28, 2015 /PRNewswire/ -- MGT Capital
Investments, Inc. (NYSE MKT: MGT) and Vivid
Entertainment, are pleased to announce the launch of
VividBetSports.com. To celebrate, Vivid and MGT will
hold a party hosted by adult superstar and Vivid Radio
personality, Ash Hollywood,
who will also perform. The party will be held Saturday, January 31st starting at
9:00 pm, at Vivid Cabaret NYC,
the premier gentlemen's club, 61 West 37th Street in
Midtown Manhattan.
Vivid, the leading adult entertainment company, and MGT
Sports, owner of the third largest daily fantasy sports
wagering platform, DraftDay.com, have joined forces to
create VividBetSports.com. The partnership is a marriage between
one of the fastest growing internet business segments and one of
the largest sources of unique online traffic.
"We expect the player growth from Vivid's extensive reach to
benefit our entire daily fantasy sports network, with even more
games and larger prizes," stated Robert
Ladd, Chief Executive Officer of MGT.
"The Big Game weekend party will be a great way to launch our
new fantasy sports gaming site – combining guys' love of beautiful
women and sports," said Bill
Asher, Co-Chairman of Vivid Entertainment.
The service rolls out today featuring a free-to-play version,
with the real money version going live in mid-February. New
players are encouraged to sign up quickly for the "Big Game
Giveaway" on Sunday, offering historic football memorabilia and
other great prizes. For more information visit
https://vivid.egnyte.com/fl/CDZjNpEUNE#folder-link/.
Ash Hollywood is one of the most popular stars in the XXX
industry, in addition to hosting one of the top-rated shows on
Vivid Radio. The party marks Ash's return appearance to Vivid
Cabaret NYC, the club she helped launch in 2013.
Located at 61 West 37th Street, just off Sixth
Avenue, Vivid Cabaret NYC is a favorite spot for celebrities and
pro athletes, known for its luxurious setting and warm
hospitality. Vivid Cabaret is the sister club of the world
famous Rick's Cabaret NYC, located just four blocks away on West
33rd Street. To contact the club, call (212)
391-2702.
About MGT Capital Investments, Inc.
MGT Capital and its subsidiaries operate social and real money
gaming sites online and in the mobile space, including ownership of
the 3rd largest daily fantasy sports wagering platform,
www.DraftDay.com. The Company also offers games of skill
through www.MGTplay.com and social casino games
with SlotChamp™, and also operates an online portal for
fantasy sports news and commentary, www.FantasySportsLive.com.
MGT also launched Daily Fantasy Legend in partnership with Facebook
to become the First Daily Fantasy Platform on Social Media. In
addition, the Company owns intellectual property relating to slot
machines and has asserted its claims via patent infringement
lawsuits.
About VIVID Entertainment, LLC.
Founded in 1984, vertically integrated Vivid Entertainment,
known as the leading source for quality adult film entertainment,
has created wide brand-name awareness through its films, innovative
marketing and licensing programs. Vivid-branded products range from
condoms to vodka to apparel to gentlemen's clubs. Vivid's movies
are seen online, in DVD, VOD and on VividTV
worldwide. Its Vivid-Celeb imprint made "celebrity sex
tape" a household word and helped launch the Kardashian phenomenon
in the process. Vivid is the most awarded studio in the history of
the industry. Vivid Radio—Vivid's 24/7 radio channel—is
available on vividradio.com on the SiriusXM app. For more on
Vivid visit twitter.com/VividCorp or
facebook.com/Vivid.
Forward-looking Statements
This press release contains
forward-looking statements. The words or phrases "would be," "will
allow," "intends to," "will likely result," "are expected to,"
"will continue," "is anticipated," "estimate," "project," or
similar expressions are intended to identify "forward-looking
statements." MGT's financial and operational results reflected
above should not be construed by any means as representative of the
current or future value of its common stock. All information set
forth in this news release, except historical and factual
information, represents forward-looking statements. This includes
all statements about the Company's plans, beliefs, estimates and
expectations. These statements are based on current estimates and
projections, which involve certain risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. These risks and uncertainties include
issues related to: rapidly changing technology and evolving
standards in the industries in which the Company and its
subsidiaries operate; the ability to obtain sufficient funding to
continue operations, maintain adequate cash flow, profitably
exploit new business, license and sign new agreements; the
unpredictable nature of consumer preferences; and other factors set
forth in the Company's most recently filed annual report and
registration statement. Readers are cautioned not to place undue
reliance on these forward-looking statements, which reflect
management's analysis only as of the date hereof. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof. Readers should carefully review the risks and
uncertainties described in other documents that the Company files
from time to time with the U.S. Securities and Exchange
Commission.
Logo - http://photos.prnewswire.com/prnh/20150128/172138LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/mgt-and-vivid-celebrate-the-launch-of-daily-fantasy-sports-site-vividbetsportscom-with-party-at-vivid-cabaret-nyc-on-saturday-january-31st-300027475.html
SOURCE Vivid Entertainment