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Expands Interests In Asia
1/11/01 1:05:45 PM
CREATOR CAPITAL LTD ("CTORF-L") - Expands Interests In Asia
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Deborah Fortescue-Merrin TEL: 604.947.2555 Deborah Fortescue-Merrin EMAIL:
info@creatorcapital.com INTERNET: https://www.creatorcapital.com