WPFH Secures Online Gambling License in Spain & Partners With VXL Payment Solutions to Expand the WPFH Cryptocurrency Platform

By , in PR PR Los Angeles on .

Los Angeles, CA, Dec. 22, 2017 — World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of online and event-based social gaming platforms and brands, announces today that it has secured a coveted online gaming license in Spain. To maximize this new online gaming license, WPFH has partnered with VXL Payment Solutions, a global merchant services company, who is a leader in merchant services and payment processing for online casinos.WPFH continues to expand its gaming offerings by securing a license to run an online gaming casino in Castilblanco, Spain as a sub-licensee. These talks continue as WPFH seeks to secure an additional sub-license for a land based casino license in Castilblanco, Spain.As it expands its online gaming, WPFH enters into a mutually beneficial partnership with VXL Payment Solutions, in which WPFH will provide to VXL Payment Solutions a global license to the WPFH Cryptocurrency platform while VXL Payment Solutions will provide its innovative and industry leading merchant services solutions to all of WPFH’s payment processing needs, with a special eye to its expanding online gaming presence.VXL Payment Solutions is a global payment processing and merchant services company with headquarters in Spain and Sweden, where it is one of Sweden’s largest payment processors.Earlier this week, WPFH announced that it has launched a new division which will allow for the integration and use of digital currency with its existing and future technologies and applications. In addition to acquiring a digital currency wallet, WPFH is developing and exploring cryptocurrency mining opportunities specifically geared toward its social gaming projects and its users.  WPFH is planning to integrate blockchain mining into its social games, casino games, and applications. About World Poker Fund Holdings, Inc.World Poker Fund Holdings, Inc. is a leading developer and operator of online and event based social gaming platforms and brands. The company is currently in the final stages of launching its two-core celebrity driven social gaming brands for online poker and casino gaming. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Eddie Kwong
626-466-9734
[email protected]

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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