NASHVILLE, TN--(Marketwire - Aug 3, 2012) - Charlie Barrett, President of DHS Holding Company (PINKSHEETS: DHSM), proudly announces that DHS Belize Limited, a wholly owned subsidiary of DHS Holding Co, has received its Online Gaming License. On August 1, 2012, the Government of Belize certified that DHS Belize Limited has been approved to operate an Online Gaming business.
Mr. Barrett stated, "This is a major accomplishment for our company, and solidifies everything DHS Holding Co has worked so hard to achieve."
Mr. Barrett went on to say, "This license approval sends a clear message to the investment community that there are good companies still trading in the penny stock market with great growth potential. These are very exciting times."
CEO Michael Rohling will be in Nevada this month, meeting with key executives in Las Vegas to discuss assembling a management team for the Cenote Falls Online Casino.
Mr. Rohling stated, "Experienced management and key personnel are crucial for the future success of the online gaming division of our company."
According to the PricewaterhouseCoopers LLP report on online gambling, casino and online gambling revenue is estimated to rise 9.2% each year globally, reaching $182 billion in 2015.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: the Company's ability to increase revenue and profits in the current economic climate; the effect of changing economic conditions; inability to manage growth; and changes in government regulations, controls and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company's disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes," "expects," "anticipates," "intends," "estimates," "plans," "projects," "should," or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise.