CHANCELLOR CORPORATION "CELR" announces exclusive lottery gaming agreement in "China".SAN FRANCISCO--(BUSINESS WIRE)--May 13, 1997--A spokesperson for CHANCELLOR CORPORATION, the holding company for U.S. HERITAGE, announced today that the company has finalized See finalization. an exclusive gaming venture with the Beijing Dadu International Jockey
In sport, a jockey is one who rides horses in thoroughbred horse racing or steeplechase racing, primarily as a profession. Club. The agreement calls for the right to sell regular social welfare lottery lottery, scheme for distributing prizes by lot or other method of chance selection to persons who have paid for the opportunity to win. The term is not applicable when lots are drawn without payment by the interested parties to determine some matter, e.g. as well as horse racing horse racing, trials of speed involving two or more horses. It includes races among harnessed horses with one of two particular gaits, among saddled Thoroughbreds (or, less frequently, quarterhorses) on a flat track, or among saddled horses over a turf course with related social welfare lottery. This is the only approved lottery to run through betting shops betting shop Noun (in Britain) a licensed bookmaker's premises not on a racecourse Noun 1. betting shop - a licensed bookmaker's shop that is not at the race track in Beijing besides the government. -0-
WHAT IF A U.S. COMPANY...
-- Had an exclusive right to sell lottery in China?
-- Provided management of financial services for 10,000 wealthy
Chinese citizens in stocks, commodities and equity investments?
-- Was also approved to build a complete sports and entertainment
complex to include tennis, swimming, visual arts/a virtual
reality exhibition center, bowling, gym and health club, but
also to develop the support commercial facilities and
additional residential complexes?
-- Had the first priority to do other gaming in China?
-- Had the project that will also become the site for the
International Olympics which is planned for the year 2004?
WOULD YOU BE INTERESTED IN BECOMING PART OF ALL THIS? For more information, contact: Gerald Communications, Gerald Sterchi - Director of Investor Relations Investor relations The process by which the corporation communicates with its investors. , 916/854-4931; Fax: 916/983-7783; E-Mail: gerald@softcom.net http://www.geraldsnet.com CONTACT: Gerald Communications Gerald Sterchi, 916/854-4931 gerald@softcom.net |
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