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Press Release Source: AngelCiti Entertainment, Inc.
AngelCiti Continues to Handily Exceed 2003; Results up 38% in 2004
Wednesday March 31, 4:01 pm ET
PEMBROKE PINES, Fla., March 31 /PRNewswire-FirstCall/ -- AngelCiti Entertainment`s (OTC Bulletin Board: AGEL - News) wholly owned subsidiary Worldwide Management announced that it had a gross win of over $393,000 in January and February 2004 on net handle of more than $8.3 million, up 38% in comparison to a net win of $284,878 in January and February 2003.
" Our results continue to improve dramatically as we grow the company," remarked AngelCiti president George Gutierrez. " Furthermore, we are in the midst of pursuing some very interesting opportunities and will further advise our investors as we near completion on moving those initiatives forward."
The Industry
A Bear Stearns report for the industry pegs annual revenue at $4.2 billion for 2003, while Christiansen Capital Advisors predicts a slightly more rosy picture pointing, to an estimated $4.5 billion in revenue for calendar year 2002, saying 2005 revenue could exceed $10 billion. InformaMedia Group, which tracks electronic gambling predicts that online gaming revenue will even reach $14.5 billion by 2006.
The Company
AngelCiti`s wholly owned subsidiary Worldwide Management provides gaming software to numerous online casinos including SharkCasino.com, SharkPoker.com and TheHouseWins.com, and currently services casinos in English, Spanish, German, Chinese and Japanese.
This news release contains forward-looking statements regarding AngelCiti`s business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company`s risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti`s expectations or future events. The representations of net handle and gross net win in this press release are presented as measures of performance for the company that are different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and are not to be considered as revenue or a GAAP-related financial disclosure criteria.
Contact:
AngelCiti Entertainment, Inc.
Evelyn Fallas 800/908-9574
Evelyn@angelciti.com
AngelCiti Continues to Handily Exceed 2003; Results up 38% in 2004
Wednesday March 31, 4:01 pm ET
PEMBROKE PINES, Fla., March 31 /PRNewswire-FirstCall/ -- AngelCiti Entertainment`s (OTC Bulletin Board: AGEL - News) wholly owned subsidiary Worldwide Management announced that it had a gross win of over $393,000 in January and February 2004 on net handle of more than $8.3 million, up 38% in comparison to a net win of $284,878 in January and February 2003.
" Our results continue to improve dramatically as we grow the company," remarked AngelCiti president George Gutierrez. " Furthermore, we are in the midst of pursuing some very interesting opportunities and will further advise our investors as we near completion on moving those initiatives forward."
The Industry
A Bear Stearns report for the industry pegs annual revenue at $4.2 billion for 2003, while Christiansen Capital Advisors predicts a slightly more rosy picture pointing, to an estimated $4.5 billion in revenue for calendar year 2002, saying 2005 revenue could exceed $10 billion. InformaMedia Group, which tracks electronic gambling predicts that online gaming revenue will even reach $14.5 billion by 2006.
The Company
AngelCiti`s wholly owned subsidiary Worldwide Management provides gaming software to numerous online casinos including SharkCasino.com, SharkPoker.com and TheHouseWins.com, and currently services casinos in English, Spanish, German, Chinese and Japanese.
This news release contains forward-looking statements regarding AngelCiti`s business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company`s risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti`s expectations or future events. The representations of net handle and gross net win in this press release are presented as measures of performance for the company that are different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and are not to be considered as revenue or a GAAP-related financial disclosure criteria.
Contact:
AngelCiti Entertainment, Inc.
Evelyn Fallas 800/908-9574
Evelyn@angelciti.com
die amis werdens euch zeigen wie man bei solchen news eine aktie hochleben läßt!
wobei ch verstehen kann das in deutschlan zurückhaltung angesagt ist. bei den letzten news haben die amis durchaus immer enttäuscht.
das wird diesmal anders kommen!
nur meine meinung
wobei ch verstehen kann das in deutschlan zurückhaltung angesagt ist. bei den letzten news haben die amis durchaus immer enttäuscht.
das wird diesmal anders kommen!
nur meine meinung
Angel macht uns reich
@fuger48
wäre schön
wäre schön
Träumer
@linklink
dann sind wir alle träumer einschließlich linklink (wenn du aktien hast), denn wer will schon ärmer werden.
ich glaube auch, das sich etwas in den usa bewegen
wird.
gruss
riv
dann sind wir alle träumer einschließlich linklink (wenn du aktien hast), denn wer will schon ärmer werden.
ich glaube auch, das sich etwas in den usa bewegen
wird.
gruss
riv
75000 ST. ANGEL im Depot haben und träumen es kann nichts
schöneres geben oder?
schöneres geben oder?
ich kann an dieser Meldung nur erkennen, dass der Februar miserabel gelaufen ist (weniger Umsatz als im Januar, von Gewinn kann ohnehin keine Rede sein)........bleibe trotzdem investiert, denn es sollen ja news kommen.......
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