Canadian Poker Tour Presents Major Championship Poker Event With Saskatchewan Indian Gaming Authority
July 25 2011 - 11:58AM
HeadsUp Entertainment International Inc. (Pink Sheets:HDUP),
operators of the Canadian Poker Tour, Canadian Poker Player
Magazine and the Canadian Poker Player Television Network, are
pleased to announce the SIGA Poker Championship October 1st and 2nd
at the Dakota Dunes Casino located just outside of Saskatoon,
Saskatchewan. This is the first time the CPT and the Saskatchewan
Indian Gaming Authority have partnered on an event that looks to be
the beginning of a strong partnership.
The Saskatchewan Indian Gaming Authority (SIGA) is the operator
of six First Nations casinos in Saskatchewan. The casinos are
located across the province: Bear Claw Casino (Moose Mountain
Provincial Park), Dakota Dunes Casino (Saskatoon), Gold Eagle
Casino (North Battleford), Living Sky Casino (Swift Current),
Northern Lights Casino (Prince Albert) and Painted Hand Casino
(Yorkton).
Satellites for the $500 buy in championship event in October
will take place at all facilities making it one of the premier
events in Western Canada. "We are extremely pleased to be
working with SIGA," stated CPT President Dan Forigo. "We look
forward to building a long and profitable relationship with them
and are confident that the events we are working on for 2012 will
continue to grow."
The CPT has been working aggressively with casinos in Canada and
the U.S. to build new larger land based poker events to capture the
demand created by the shut down of a number on online poker sites
in the U.S. Canada is an attractive option for U.S. players as
there is no withholding tax for winnings and the age to gamble is
18 and 19 in the varying provinces. Management is projecting
substantial growth in 2011 and revenues look to grow even higher
with new sponsorship partners and demand for television. The
looming NBA strike could have a similar effect to what the NHL
lockout did for reallocation of sponsorship and television revenues
for the poker industry in the 2004-2005 season.
About HeadsUp Entertainment International
Inc.
HeadsUp Entertainment International Inc. is a global media and
entertainment company engaged in the creation of branded
entertainment through the development, production and marketing of
televised programming based on poker and other entertainment
themes. For more information see the Company's website
www.headsupentertainment.com.
Forward-Looking Statements:
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, not guarantees of
HeadsUp Entertainment International Inc.'s future operational or
financial performance, and are subject to risks and uncertainties.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Due to the risks and uncertainties, actual events may
differ materially from current expectations. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
CONTACT: HeadsUp Entertainment International Inc.
Investor Relations - Kelly B. Kellner
(403) 269-9039
Website: www.headsupentertainment.com
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