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Bullboard - Stock Discussion Forum Creator Capital Ltd Ord CTORF

"Creator Capital Ltd operates in the electronic gaming and multimedia industry. The company offers in-flight gaming software systems and services by developing, implementing, and operating computer based gaming softwares."

GREY:CTORF - Post Discussion

Creator Capital Ltd Ord > About Creator Capital
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Post by warrenbuffet99 on Dec 04, 2001 9:58am

About Creator Capital

As China's booming economy experiences a major upswing 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") 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 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 (21), Draw Poker, and Slots. Sky Play consists of interactive PC amusement games such as Mah Jong, Solitaire and Chess.
Comment by doughboy24 on Dec 04, 2001 10:30am
You know with a deal like this one, it can only go higher. Sweet!
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