World Bingo League Co. Inc.

World Bingo League Co. Inc.

June 28, 2005 10:04 ET

World Bingo League Expands Mandate and Undergoes Name Change

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 28, 2005) - World Bingo League Co. Inc. (NASDAQ PINK SHEETS:WBLG), a Nevada company headquartered in Vancouver, today announced plans to broaden its mandate to develop software to include other Internet games rather than exclusively focus on Bingo.

As part of its new mandate, President Louis Dion also announced the company's name change to World Entertainment Corp. - better reflecting the company's expanded interests.

"We see such tremendous opportunity to capture a larger piece of the industry's growth, that our team felt we couldn't overlook poker, sports betting, pari-mutuel, betting exchanges, casino games and other gaming software applications," said Mr. Dion in a recent interview. "This is a bold step for the company as we plan to adopt our business model to both existing and emerging game play."

About World Entertainment Corp.

WEC is an emerging provider of Internet gaming software including it's Bingo software that features live web-cast ball calling; interactive chat; and its unique Mega Bingo Bucks progressive networked jackpot. WBL brings expertise, proprietary software and strong industry leadership to Bingo and online gaming.

Forward-Looking Statement

The statements in the press release that relate to the company's expectations with regard to the future impact the company's results from acquisitions or actions in development are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Contact Information

  • World Entertainment Corp.
    Mr. Louis Dion
    (604) 616-6410