Kenilworth Systems Corporation Remote Roulette Game Broadcasts From Sosua Bay Grand Casino Delayed For TCP/IP Designation For Global Viewing
| 28 October 2009 |
MINEOLA, N.Y., Oct. 27 /PRNewswire-FirstCall/ -- Kenilworth Systems Corporation (Pink Sheets: KENS; "Kenilworth") reported today that it has completed all casino tests pursuant to the previously announced six (6) month online test simulcast agreement with Caribbean Casino & Gaming Corp. ("Caribbean"). Caribbean is a gaming and entertainment company located at Sosua, Dominican Republic that owns and operates the Sosua Grand Casino that held its very successful grand opening last Saturday, October 24th. The casino offers three (3) roulette and fifteen (15) other table and poker games and eighty-two (82) slot machines.
Blyth has provided all the software to date and will continue their exclusive services through November 2013.
The $3.5 Million is payable in installments from Kenilworth's actual net earnings or in its entirety if Kenilworth receives a minimum of $10 Million from a single investor or the Company is merged or acquired. In addition, Blyth was given options at thirty (30) day average market price totaling six (6) million shares. The shares to be issued will be restricted for a minimum of six (6) months.
The live in-progress casino table action will serve to DEMONSTRATE and MARKET to the more than 2,000 Casino Operators and their Regulators in the fifty-one (51) industrial countries in which Kenilworth enjoys patent protection for REMOTE REAL TIME LIVE CASINO TABLE GAME WAGERING.
The Transmission Control Protocol/Internet Protocol (TCP/IP) may require up to two (2) weeks to increase the bandwidth to accommodate the expected large simultaneous international audience.
FORWARD-LOOKING STATEMENT
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-Q and other filings made by the Company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Kenilworth undertakes no obligation to update such statements.
SOURCE Kenilworth Systems Corporation
Blyth has provided all the software to date and will continue their exclusive services through November 2013.
The $3.5 Million is payable in installments from Kenilworth's actual net earnings or in its entirety if Kenilworth receives a minimum of $10 Million from a single investor or the Company is merged or acquired. In addition, Blyth was given options at thirty (30) day average market price totaling six (6) million shares. The shares to be issued will be restricted for a minimum of six (6) months.
The live in-progress casino table action will serve to DEMONSTRATE and MARKET to the more than 2,000 Casino Operators and their Regulators in the fifty-one (51) industrial countries in which Kenilworth enjoys patent protection for REMOTE REAL TIME LIVE CASINO TABLE GAME WAGERING.
The Transmission Control Protocol/Internet Protocol (TCP/IP) may require up to two (2) weeks to increase the bandwidth to accommodate the expected large simultaneous international audience.
FORWARD-LOOKING STATEMENT
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-Q and other filings made by the Company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Kenilworth undertakes no obligation to update such statements.
SOURCE Kenilworth Systems Corporation
Post a Comment
Top Online Casino Choice
Bodog Casino

REFER YOUR FRIENDS | Earn up to £30 / €30 / $30 cash for each friend you refer to Bodog Sportsbook, Casino and Poker Room

REFER YOUR FRIENDS | Earn up to £30 / €30 / $30 cash for each friend you refer to Bodog Sportsbook, Casino and Poker Room
Share it
Latest News
- Two New Slots from Microgaming Join Red Flush Online Casino
Date: 12 February 2012 - World Poker Tour® Season X Premieres Sunday February 12th on Fox Sports Net®
Date: 10 February 2012 - Online Casino, Casino Online.co.pt, Announces New Website
Date: 10 February 2012 - Sale of Smaller Riverboat Complete in Lake Charles, Louisiana
Date: 10 February 2012 - PA Lottery: Feb. 11 Powerball Jackpot is $310 Million, Fifth Largest in Game History
Date: 10 February 2012 - PA Lottery: Feb. 11 Powerball Jackpot is $310 Million, Third Largest in Game History
Date: 10 February 2012 - Gamesys: Online Bingo Winner Gets Lucky With A Special Grand Prize!
Date: 10 February 2012 - Titan Casino Shows Players the Love with a Free EUR10 Valentine's Day Bonus
Date: 10 February 2012 - Senate Committee Hearing Focuses on Justice Department Internet Gambling Ruling
Date: 10 February 2012 - Sky Announce New Poker Game: Timed Tournaments
Date: 10 February 2012







Readers Comments
No comments have been submitted yet for this article.