WPFH to Acquire "Picking Duck" Fantasy Sports App

LOS ANGELES, CA, Feb. 01, 2018 (GLOBE NEWSWIRE) -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of online technology, gaming platforms and brands, announces today that it has signed a letter of intent to acquire Picking Duck (https://pickingduck.com/) and its recently released app (iOS).  

WPFH is seeking to strengthen its presence in the Fantasy Sports & Sports Betting Market. With New Jersey heading to the Supreme Court to overturn “Professional and Amateur Sports Protection Act” (PASPA), many states have started to prepare new laws in anticipation of PASPA being struck down, with Kansas being one of the most recent with their introduction of House Bill 2533 earlier this week.  

Picking Duck has been an active leader in the Fantasy Sports & Sports Betting arena for many years, recently having placed 2nd at the Fantasy Sports Trade Association’s Winter 2018 Pitch Competition. Picking Duck’s iOS app is currently the highest rated Fantasy Sportsbook App available, and it’s FREE. 

 “This app takes the traditional thrill of sports betting and modernizes the gameplay for the new generation of players,” says CEO of Picking Duck, Kenneth Manubay. 

“Fantasy Sports and Sports Betting is set to explode in the coming months.  Picking Duck is the first piece in our expansion into the Fantasy Sports and Sports Betting world where we can actuate our celebrity ownership and connections,” says Travis Kasper, Chairman & CEO of WPFH.

 About World Poker Fund Holdings, Inc.

World Poker Fund Holdings, Inc. is a leading developer and operator of on-line technology, gaming platforms and brands. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.

 To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.

 Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.


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