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777betz Revenues Climb.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America.  -- 777 Sports Entertainment Sports entertainment is a type of of entertainment that takes the form of a sporting event, but with more emphasis on dramatic storylines, humor, spectacle or titillation than on a contest of athletic skills.  Corp. (Pink Sheets:SVNP) is pleased to announce that gross revenues from casino operations of 777betz.com for October 2005 has again increased. President James Po Ho Cheung noted that 777betz handled gross revenues of slightly more than $9 million, to show an increase month over month of 16%.

Cheung continued, "With all three full months of operating results showing significant increases from previous months, the 777 brand name appears to be enthusiastically being accepted by new and existing members. With several new programs expected to be ready for the first quarter of 2006, we remain very pleased with the results to date and look forward to the challenges 2006 will bring."

About 777 Sports Entertainment Corp.

777 Sports Entertainment Corp. has positioned itself to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the explosive growth of the i-gaming market. The company holds an interest in a fully operational i-gaming company which offers a suite of Internet gaming products to members through 777betz.com. Casino operations and a sports book provide a one-stop gaming experience accessed through a distinctive branded Web site, which is easy to use. Casino operations and all 777betz.com operations originate o·rig·i·nate
v.
1. To bring into being; create.

2. To come into being; start.
 from San Jose, Costa Rica.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

The above statements in regard to 777 which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, including 777's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date.

It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
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Publication:Business Wire
Date:Nov 29, 2005
Words:307
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