World Poker Store Inc. Announces New President and Board Member and Expansion Into the Video Pull Tab Business
25 July 2012 - 12:00AM
Marketwired
World Poker Store Inc. (PINKSHEETS: WPKS) announces the appointment
of Marlin F. Torguson as WPKS President and as a member of its
Board of Directors. Mr. Torguson brings a wealth of gaming
experience, casino industry contacts, new business opportunities
and public company experience to the company as he joins the
existing WPKS officers and Board Members.
Marlin F. Torguson founded Casino Magic Corporation and served
as President, CEO and Chairman of the Board. He opened the first
Barge-concept casino in the world, Casino Magic Bay St. Louis, and
further developed the corporation by opening Casino Magic
properties in Louisiana, Greece and Argentina. Additionally,
Torguson was a director on the board of Pinnacle Entertainment for
five years and early on in his career, Torguson spearheaded Indian
Gaming nationally as he expanded Jackpot Junction Casino in Morton,
Minnesota from a bingo hall to what was then the largest gaming
facility between Las Vegas and Atlantic City. Marlin F. Torguson
has contributed a tremendous amount to the progress of the gaming
industry and will continue to do so in his new position with
WPKS.
As part of Torguson's initial contribution to WPKS, he brings
with him an exclusive distributor agreement with Technology
Exclusive Inc. for finite video pull tab dispensers to be used for
charitable gaming purposes in the form of Electronic Pull tabs in
multiple U.S. markets. The first of which is scheduled to launch in
New Hampshire sometime in 2012 with future launches where legal in
other states throughout the Union.
WPKS CEO Chuck Chastain stated, "We are very pleased to have Mr.
Torguson serving as President and as an addition to our Board of
Directors. His past experience in the gaming industry as well as
his personality and skill set make him a perfect addition to our
team." He added, "We are excited to enter into the video pull tab
business and about the future possibilities Marlin brings for WPKS
in the Casino industry as well."
About World Poker Store Inc./World Poker
Entertainment: World Poker Entertainment is an international
Entertainment Company with operations in Europe, China and the US.
The company owns and operates bar poker leagues in multiple
countries and soon to open upscale Las Vegas style entertainment
facilities, live events and social network gaming in China. The
company also continues to benefit from the support of its advisory
board members, world class poker players Phil Hellmuth, Johnny
Chan, Marcel Luske, Hoyt Corkins, Patrik Antonius and Liz Lieu.
More about The World Poker Store Inc. can be found at
www.theworldpokerstore.com.
This press release contains information that constitutes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Any such forward-looking statements involve risks and uncertainties
that could cause actual results to differ materially from any
future results described within the forward-looking statements. The
forward-looking information provided herein represents the
Company's estimates as of the date of the press release, and
subsequent events and developments may cause the Company's
estimates to change. The Company specifically disclaims any
obligation to update the forward-looking information in the future.
Therefore, this forward-looking information should not be relied
upon as representing the Company's estimates of its future
financial performance as of any date subsequent to the date of this
press release.
Contact: Greg Needham World Poker Entertainment Phone:
612-749-0262 Email: greg@theworldpokerstore.com
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