| 11/03/2008 | Eastern Migration |
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The internet gambling world is steadily moving east. Far, far east. The World Poker Store is currently based out of Nevada, but has recently announced the foundation of its wholly-owned, but independently acting subsidiary the Shenzhen WPS (World Poker Store) Entertainment Development Company, Ltd. (SWEDCL). Just as MGM is making their mark in the Middle East, the World Poker Store is making a great attempt to bring Las Vegas to China, at least for the rich. The plans include what are being hailed as “upscale executive entertainment centers” that will offer the Chinese elite and their international counterparts the chance to enjoy the best of the best when it comes to service, food, housing, grand stage shows, and innumerable amenities. One of the greatest highlights for gamblers? Live Freeroll Texas Hold’em Tournaments. Where would you get that in China right now? A corresponding project is an entertainment district in conjunction with the Luneng Group. It’s to be built on Hainan Island, specifically in the city of Sanya, otherwise known as the “Hawaii of the East.” Elements to attract wallets and their owners include a golf course, hotel, villas, condos, a marina, and of course, a massive entertainment district. The Luneng Group is the 5th largest real estate developer in China and has assets in excess of $26.7 billion, which makes sense why they’d SWEDCL’s partner of choice. As new as it may be SWEDCL already has offers in to other districts to open similarly structured entertainment centers in other parts of China. As they move globally, WPS has made sure their mark is made on the internet gambling world as well. They host a worldwide poker community on theworldpokerstore.com and are open to new membership. Their store, additionally, offers memorabilia for poker aficionados. |
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