Creator Capital Expands Interests in Asia.Business Editors HAMILTON, Bermuda--(BUSINESS WIRE)--Nov. 1, 2001 Creator Capital (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CTORF) As China's booming economy experiences a major upswing Upswing An upward turn in a security's price after a period of falling prices. in growth, so does the demand for recreational activities, fueled by an increase in the average consumer income. This has created a major interest in the countries' sports lotteries. In view of this fact, Creator Capital Limited ("CCL 1. CCL - Coral Common LISP. 2. CCL - Computer Control Language. English-like query language based on COLINGO, for IBM 1401 and IBM 1410. ") has acquired a number of additional lottery operations in China, which include Sports, Olympic and Soccer Lotteries. With regard to other regions of Asia mentioned in the previous release, CCL's Asian representatives are in discussions with the Vietnamese government to create similar lottery operations in Vietnam (population 70 million). To date, Vietnam has not had a Lottery system, thus CCL's proposed operation would be the first such introduction. CCL will also be presenting a similar proposal to the Malaysian government to set up sports lottery operations within that country (population 30 million). An essential component of CCL's strategic business plan includes participating in these types of revenue producing opportunities, as the need for large amounts of capital investment in R&D, or the acquisition and maintenance of inventories is not required. Initial indications show that CCL's primary Chinese interests are being very well received. CCL has also received further enquiries regarding the Sky Games Interactive Gaming System. This interest is significant, in view of the current financial state of the airline industry. About Creator Capital Creator Capital Ltd., a Bermuda exempted company, along with Harrah's Entertainment Harrah's Entertainment, Inc. (NYSE: HET) is a gaming corporation that owns and operates casinos, hotels, and six golf courses under several brands. The company, based in Las Vegas, Nevada, is the largest gaming company in the world, with yearly revenues around $7.11 billion. Inc., introduced the in-flight interactive gaming experience to international airline passengers as a method of creating additional revenues for airlines in 1998. Creator Capital's two products are Sky Games and Sky Play. Sky Games consists of interactive gaming, such as Blackjack blackjack, one of the world's most widely played gambling card games; also known as twenty-one or vingt-et-un. Despite contesting claims between the French and Italians, its origins are unknown. (21), Draw Poker draw poker n. Poker in which each player is dealt five cards face down and may then discard and get replacements for a specified number of cards after the first round of betting. Noun 1. , and Slots. Sky Play consists of interactive PC amusement games such as Mah Jong mah jong or mah-jongg Noun a game of Chinese origin, played using tiles bearing various designs, in which the players try to obtain a winning combination of tiles [Chinese, literally: sparrows] , Solitaire solitaire or patience, any card game that can be played by one person. Solitaire is the American name; in England it is known as patience. There are probably more kinds of solitaire than all other card games together. and Chess. ON BEHALF OF THE BOARD OF DIRECTORS Deborah Fortescue-Merrin Safe Harbour statements under 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; - this release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21B of the Securities Exchange Act of 1934. Any statements which express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact, may be forward looking statements. Forward-looking statements are based upon expectations, estimates and projections at the time the statements are made, which involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. |
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