$PRICEPICK$ Message Board"> $PRICEPICK$

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SFOR LOOKING GREAT

http://www.synercomm.com/index.php/deliverit-services/vendors-we-represent

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K

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LAS VEGAS, April 25, 2012 /PRNewswire/ -- Beneficial Holdings Inc. (BFHJ.PK) is pleased to announce that it has commenced negotiations to finalize a binding Memorandum of Understanding ("MOU") to acquire a significant interest in a domestic US operating company involved in gaming and casino interests. Also, it is in the midst of final negotiation to engage an advisor for its activity in the casino and gaming activities. The intention is to have such operation as part of a domestic gaming division alongside the future energy division for which an MOU is currently in the midst of being finalized as well and advisor engaged. In addition, there are intentions to form two other divisions with which there will be a level of synergy that will bode well for the future.
Gregory N. Senkevitch, President and CEO states, "We believe it important to have a well-balanced company comprised of domestic operations that will be somewhat unaffected by the cycles of the economy. Our vision includes energy, gaming, beverage and value added real estate. Each division, in its own right, shall have the fundamentals that would make it both profitable and stable with a path to future growth in earnings and appreciated value. All should be in a position to commence generation of returns to investors without the risk of having to wait very long for licensing or production. We are in the midst of assessing our opportunities for each segment of our prospective business plan."
The Company's prior management had filed financial statements for the year ended December 31, 2011 and a request was made for further clarification by current management. We appreciate their having responded by filing an amendment and we will review such information to determine if it is consistent with what might be expected of a company interested in full compliance, in the future, with United States generally accepted accounting principles and regulatory reporting requirements.
"Beneficial Holdings Inc. is currently known as a casino investment holdings company, specializing in acquiring undervalued gaming assets. Prior to coming on board, expectations were that the company would grow through acquisitions, strategic alliances and entrepreneurial investments. The intention is to deliver exactly that," according to Senkevitch.
Best regards,
The Management of BFHJ

Information

Beneficial Holdings Inc.

646-543-0677 Telephone

[$BL$]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72476494

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http://www.prnewswire.com/news-releases/beneficial-holdings-inc-bfhj-announces-initial-determinations-148115705.html

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[$BL$]

Beneficial Holdings Starts Search for a United States-Based Gaming Executive

Beneficial Holdings (PN) (USOTC:BFHJ)
Intraday Stock Chart

Today : Friday 27 January 2012

Beneficial Holdings Inc. (PINKSHEETS: BFHJ), which manages www.sportsbook.cr and www.bet.cr by Beneficial live-dealer casinos and sportsbooks and gaming parlors in Nicaragua today announced that it will recruit and hire a United States-based executive to oversee their entry into the North American gaming market.

The company believes that, with its Line of Credit and the pending divestiture of its non-gaming assets, it can enter the domestic gaming market either with online operations (if it is determined to be legally viable) or in a bricks-and-mortar operation. The Company is also exploring opening intrastate gaming operations in states where online gaming is not prohibited. With intrastate-only offerings, and strong state residency verification, the Company can operate without affecting interstate commerce, eliminating federal oversight.

The Company's Board of Directors gave considerable thought to this strategy and has concluded that it is the correct move to increase revenues and the profile of the company.

[cnvegas]

I'm always awake on all boards.

Awake is one thing, Alert is another. And Alive is the best.

[tolley]

anyone awake on this board

[$BL$]

yw

[MightySam]

bac at u bud thanx.

[sonoil]

156 back to you

[cnvegas]

it's about time.You're back.

[cnvegas]

Well, Well, Well...

Now your back. Tick Tock, Soon the BFHJ runs up da clock.

One more player to check in and the move will be on.

Where is the "river" ON IHUB= RLeo?

Will all the heavy weight pls check in. TKS

[$BL$]

iam back

[cnvegas]

Is the game over....???

looks like someone knows DA players.

what say you $BL$?

[tolley]

Yes BL, what of Adam Hewison ?

Have FWM enlighten us with a message

Here for the long haul

[cnvegas]

Is this you new rant board?

Ok, a question for you..Does

retired miner = fool with $$$$?

Do you know stuzzjohn?

And what of bumski49 post on the other yell board.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_B/threadview?m=tm&bn=52933&tid=3076&mid=3076&tof=1&frt=2

Any comment? will love your politician answer.lol

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BFHJ.PK IS GOING TO EXPLODE AND FAST

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ACUM IS OUT OF THIS WORLD

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WE ARE FINE

[emsn223]

Any thoughts on decrease in pps....the fundamentals have not changed? Seems crazy to me?

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New Jersey Legislature approves online gambling bill
10 January 2011

By Vin Narayanan

The New Jersey Assembly voted 63-11 to allow Atlantic City casino operators to offer online gambling to New Jersey residents. The bill, passed the New Jersey Senate 29-5 in November, and is headed to the Gov. Chris Christie's desk for his signature. If the Republican governor signs the bill into law, New Jersey would become the first state to license and regulate online gambling the U.S.

The bill, authored by Sen. Raymond Lesniak, authorizes the online offering of "poker, roulette, baccarat, blackjack, craps, big six wheel, slot machines, minibaccarat (sic), red dog, pai gow, and sic bo; any variations or composites of such games, provided that such variations or composites, and any above listed game or variation or composite of such game to be offered through Internet wagering."

The bill also specifies that Internet gambling operators have to be licensed Atlantic City casino operators, and that all equipment used to conduct Internet gaming be located either in Atlantic City casinos or a "secure" location in Atlantic City.


New Jersey Legislature approves online gambling bill is republished from Online.CasinoCity.com

[$BL$]

Online Bill Gambling.....NET BET BILL
Senate Majority Leader Harry Reid of Nevada addresses supporters at the Aria Resort and Casino in Las Vegas on Nov. 2, after he defeated Republican challenger Sharron Angle. By Michael Isikoff
National investigative correspondent

NBC News NBC News
updated 12/8/2010 7:07:31 PM ET 2010-12-09T00:07:31
Share Print Font: + - Two big Las Vegas casino companies that pumped more than $650,000 into Nevada Sen. Harry Reid’s re-election would benefit from a controversial Internet gambling measure that the Senate majority leader is attempting to tuck into the massive tax cut bill, according to lobbyists and Senate staff members familiar with the measure.

The draft bill, which Reid has been circulating among colleagues over the last week, would permit U.S. casino companies to set up their own Internet poker sites. The measure, first reported by Bloomberg News, would allow them for the first time to tap into a multi-billion-dollar online gambling market that is booming overseas.

More Politics news Reid's 'Net bet bill would aid his casino backers
Two Las Vegas casino companies that were big contributors to Nevada Sen. Harry Reid’s re-election would benefit from an Internet gambling measure that the majority leader is attempting to add to a massive tax cut bill, lobbyists and staffers tell NBC News. Full story
Updated 88 minutes ago 12/9/2010 2:35:50 AM +00:00 House vote advances the Dream Act First Thoughts: A 'West Wing' moment? Senate delays 'Don't Ask Don't Tell' vote House Dems push through massive budget bill But NBC News has learned that the proposal was crafted to make sure that the first licenses would be granted to casinos in states with large and “established” regulatory programs overseeing more than $2 billion in gambling revenue, guaranteeing that big Las Vegas casino companies would have a leg up over potential competitors, especially Indian tribes in other states, according to two lobbyists familiar with the provisions of the bill that Reid has been circulating.

Among the biggest boosters of the Reid bill, the sources said, are MGM Resorts International and Harrah’s, now called Caesars Entertainment, both of which were substantial backers of Reid during his re-election campaign against Republican Sharron Angle.

As NBC News reported last month , MGM donated $300,000 to the Patriot Majority PAC, a so-called “super PAC” set up by a former communications director for Reid that ran a series of hard hitting attack ads against Angle during the final weeks of the campaign.

Caesars gave another $75,000 to the Patriot Majority PAC (whose controversial ad campaign included one that likened Angle to the notorious Chilean dictator and “human rights violator” Gen. Augusto Pinochet.)

In addition, MGM executives, employees and its political action committee gave $192,450 to Reid during the 2010 election cycle, making the company the largest single source of campaign funds for the senator, according to the Center for Responsive Politics. Harrah’s/Caesars donated $83,100, making it Reid’s fourth-largest campaign contributor, the CRP data shows.

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“It looks like it’s so ‘dead of night,’ I don’t see how Reid can get away with this,” said one senior Republican staffer familiar with Reid’s proposal. “It’s just pure political payback for the support the casinos gave him during the campaign.”

A spokesman for Reid declined to comment on the Internet gambling bill Wednesday. But a top MGM official vigorously defended Reid’s proposal and dismissed the notion that it was a political payoff for the company’s support during the campaign.

“Call it what you want to call it — if it brings revenues and jobs into the United States, it’s the right thing to do,” said Allan Feldman, senior vice president for public affairs for MGM Resorts. “As a country, we’ve allowed jobs and tax revenues to be outsourced to Europe and parts of the Caribbean."

Feldman also said it makes sense to have companies in states like Nevada, which have a long history of regulating gambling, get the initial licenses. "This would put Nevada and New Jersey into a position to help foster the development of what could be the Silicon Valley of gaming,” he said.

Asked for comment, Jan Jones, senior vice president of communications for Caesar’s, said: "Along with many others in the gaming industry, we have been working on effective Internet legislation for over three years.”

Gambling lobbyists say one reason for Reid’s and the industry’s sense of urgency is that the chances of getting any Internet gambling measure through Congress will diminish after January, when Republicans take over the House. Some key Republicans, including Rep. Spencer Bachus, who is in line to be chairman of the House Financial Services Committee, have said they are dead-set against legislation that would legalize any form of online gambling and some staffers say that Reid’s attempt to circulate his proposal at the last minute without any public hearings could backfire.

Only on msnbc.com Red Tape: Vigilante war spills onto Web China cracks down on travel before Nobel award Islamists in Europe: A 'clash of cultures' looms SpaceX's spaceship could visit space station next Dirty money: Tests find BPA on dollar bills Obama: Tax deal will look better with more scrutiny Readers recall the night John Lennon died Holiday windows seek niche in wired world But Reid and industry backers of the measure say it may have one major selling point as lawmakers struggle with reducing the federal deficit: It could bring in between $10 billion to $40 billion or more in new tax revenue over the next 10 years, according to supporters. For that reason, and others, Rep. Barney Frank, chairman of the House Financial Services Committee, has long been a proponent of Internet gambling and the idea recently picked up key support from a member of President Obama’s Deficit Reduction Commission — Andrew Stern, former president of Service Employees International Union. The SEIU is another big backer of Reid, and contributed $400,000 to Patriot Majority PAC.

Ironically, Reid — and some Las Vegas casino companies — supported an earlier 2006 law that cracked down on Internet gambling, making it illegal to use credit cards to transfer funds for online gaming. At the time, some of the casino companies feared that Internet gambling would drain business away from potential customers.

But in the past few years, overseas Internet gambling sites have grown dramatically, causing billions of dollars in revenue to migrate to offshore Internet sites. Now, most in the industry have concluded that the Internet gambling business is here to say and they might as well start to get a piece of the action.

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