What is City Poker?
Much ado ...?
July 2, 2004
There was more press release hype from Angelciti's chief George
Gutierrez this week...this time about the acquisition of a poker
site that does not seem to exist - like last week's announcement
regarding Midas Entertainment, there's nothing on the citypoker.com
url!
The latest press release boasts that, "Fresh from its
recent acquisition of Midas Entertainment, AngelCiti has announced
that it has purchased CityPoker.com in order to ‘further spearhead’
its poker operations and take advantage of the expanding market.
"AngelCiti has said that Midas will soon be trading under its
own ticker symbol and that it is currently pursuing some ‘attractive
financing and strategic alliance opportunities, which should further
enhance the value of the transaction'.
George Gutierrez, AngelCiti president, said of the new deal: 'The
company's strategic vision continues to unfold with our acquisition
of a world-class website from which to promote our online poker
operations. CityPoker.com should provide a great deal more traction
as we continue to promote and market our online gaming properties.
We anticipate beginning a heavy marketing campaign into the fall
season, when online gaming traditionally begins to pick up dramatically."
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