ZENITH PR ADVISORS LTD
ZENITH PR ADVISORS LTD: Vegas77 Entertainment SE concludes advertising cooperation – 2.5 million euros in additional turnover guaranteed
ZENITH PR ADVISORS LTD / Key word(s): Miscellaneous Vegas77 Entertainment SE concludes advertising cooperation – 2.5 million euros in additional turnover guaranteed Amsterdam, 31 March 2011 – Vegas77 Entertainment SE (WKN: A1C8PY / ISIN: DE000A1C8PY2 / Symbol: LCP) announces the conclusion of an advertising cooperation agreement with the firm Imperion S.A. This firm pledges to advertise exclusively for Vegas77 online casinos in the future and guarantees an annual casino turnover in the amount of at least 2.5 million euros. The planned start of the agreement is 1 May 2011. The remuneration is regulated by means of a so-called revenue sharing agreement, so that Vegas77 does not have to form any reserves whatsoever for possible advertising costs. The remuneration occurs exclusively by means of a share in the profits. Vegas77 is currently involved in negotiations with several other advertising partners of a similar size and intends to bring these to a positive conclusion soon. About Vegas77 Entertainment SE Vegas77 Entertainment SE is a holding company which acquires worldwide investments in gambling and lottery providers. Classic casino gambling (roulette, blackjack, poker) constitutes the core of investments. Internet: www.vegas77-entertainment.com Publisher and party responsible for this press release are: ZENITH PR ADVISORS LTD Lukas Nistor Portland House Stag Place SW1E 5RS London Great Britain End of Corporate News 31.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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