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Monday, May 29, 2023 3:22:12 AM
"NEWS
City Capital Corporation (PINKSHEETS: CTCC) today announced that its sweepstakes gaming subsidiary Clean Sweeps Holdings, LLC has now further expanded into the state of Virginia with new plans for a gaming center location in Virginia Beach. Earlier this month the company signed the lease for a 2,400 square foot facility, which recently underwent construction and is slated to be completed and ready for operations no later than July 1st, 2010. The state of the art gaming center will feature over 50 of the company's new sweepstakes video game terminals.
Wendy Connor, Chief Operations Officer of City Capital Corporation, stated, "This is a landmark occasion for Clean Sweeps Holdings and its Sweep Income partners. I feel like this is one of the most amazing opportunities for our clients who will have the opportunity to own a machine in what promises to be one of our most profitable locations to date. This is just the beginning in Virginia for us and we are eager to watch our foothold in this state grow as it continues to do in our anchor states of North Carolina, Florida and Texas."
With a rapidly approaching grand opening date, preparations have been kicked into high gear with technicians working round the clock and City Capital employees making plans to descend on Virginia in a matter of weeks for pre-opening promotional festivities. CEO Ephren Taylor said, "We're very excited about this opening and the possibilities it will bring as our flagship presence in this state. This is only the first of many, in an ambitious plan to expand heavily into Virginia."
About Clean Sweeps Holdings, LLC Clean Sweeps Holdings, a wholly owned subsidiary based out of Raleigh, North Carolina, currently leverages innovative gaming technology to assist retail merchants in increasing revenue while assisting charities with raising much needed financial resources. The software itself is an interactive suite of video games that allows merchants to run their own private sweepstakes to encourage customers to spend more in their retail locations. When consumers purchase the promoted items, a portion of those proceeds helps to raise financial resources for selected charities. The company earns revenue from managing the software and hardware solutions on a subscription and percentage basis. The company has recently collaborated with several development partners for continued expansion of new and engaging interactive applications to increase the effectiveness of the existing platform.
About City Capital Corporation City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is a leader in the production and distribution of emerging new gaming technology. Its holdings include corporate owned retail stores and partnerships across the nation. City Capital also maintains its long track-record of both building value for investors and shareholders, while keeping with its socially responsible focus. A significant share of profits are donated to charity and other worthwhile causes.
Contact Information
Rich Inza
Investor Relations
877-685 CTCC (2822)
IR@CityCapCorp.com
City Capital Corporation
www.CityCapCorp.com
www.SweepStakesIncome.com"
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