SOURCE: DHS Holding, Co.

May 08, 2013 14:04 ET

DHS Holding, Co. to Stick With Online Gaming

NASHVILLE TN--(Marketwired - May 8, 2013) - DHS Holding, Co. (PINKSHEETS: DHSM) -- After applying for and receiving a new online gaming license for LuckyFoxCasino.com on April 9, DHS Holding Co. sold the licenses that it held for the Cenote Falls Hotel & Casino and Cenote Falls Online Gaming.

Charlie Barrett, President of DHS Holding, Co., stated, "I want to be very clear on this so there are no misunderstandings. Prior to our selling of the online gaming license and ground license for Cenote Falls, we applied for and were granted a new license under the name of Lucky Fox Casino LTD, which is now operational.

"We no longer have the pressure of trying to fund the building of such a large project, and it allows us the luxury of concentrating all our efforts on marketing and promotion of LuckyFoxCasino.com."

In this sale, DHS Holding, Co. received a Promissory Note for $300,000, which will be utilized for retiring its debt to Clipper Explorations, LTD.

Lucky Fox Casino LTD was incorporated in Belize on January 24, 2013. The company applied for an Online Gaming License in Belize on February 1 and the License was granted on April 9.

Online gaming is $180 billion per year industry and DHS Holding, Co. will advertise and market LuckyFoxCasino.com worldwide in an attempt to capture its share of this $180 billion industry.

About the company

The primary focus of DHS Holding, Co. is directed to pursue mergers and acquisitions of companies with potential for growth and success. DHS is aggressively moving to develop and expand on both domestic and international opportunities that include launching an online casino through Lucky Fox Casino, LTD, a wholly-owned subsidiary of DHS Holding, Co. and SalesKing.com.

Source Information
www.dhsholding.com
www.otcmarkets.com/stock/dhsm/quote

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.

Contact Information