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------------------------ Thursday April 3 6:16 PM EDT
World Class Casinos Signs Deal to Offer Internet Gaming
LAS VEGAS, April 3 /PRNewswire/ -- World Class Casinos, Inc., with offices in Nevada and California, today announced its intention to operate an online casino and sports betting operation, through a licensing arrangement with World Wide Web Casinos, Inc., for a turn-key Internet casino. The Internet casino will be known as Hollywood Casino and will operate from the Caribbean island of Grenada.
World Class Casinos is headed by John Rendulic, a seasoned casino gaming executive. Mr. Rendulic's recent affiliations include Fantasy Springs Casino, where he was instrumental in bringing the casino from $25M to $120M in annual gross. In addition, Mr. Rendulic, who holds a California Horse Racing License, recently ran Shalimar Satellite Wagering for off-track betting, as its General Manager.
According to Mr. Rendulic, "The big winners in this new gaming medium of the Internet will obviously be companies that offer the greatest entertainment value, which our deal with World Wide Web Casinos enables us to do. But more than that, the dominant companies will be those that are accustomed to operating and prepared to function in a regulated environment, since we believe that's what the future holds for Internet wagering. Companies intending to operate outside of the law will soon go the way of bootleggers, in the days after prohibition. World Class Casinos will aggressively pursue any and all licensing necessary to prosper in this exciting worldwide market."
SOURCE World Wide Web Casinos, Inc. |