oct 5 news worth repeating
Press Release Source: Beneficial Holdings Inc. On Wednesday October 5, 2011, 12:00 am EDT
MANAGUA, NICARAGUA--(Marketwire -10/05/11)- Beneficial Holdings Inc. (Pinksheets: BFHJ.PK - News), which manages the sportsbook.cr and bet.cr by Beneficial live dealer casinos and sportsbooks, a hotel, and gaming parlors in Nicaragua, today announced a general overview of its business operations.
Hotel Beneficial received acceptance from the Nicaraguan Government's Central Registry of Providers allowing all Governmental agencies to stay at the hotel during the course of official Government business. The hotel also executed contracts with Booked.net adding to its already online presence with agencies such as Expedia.com and Orbitz.com. The Company is in the process of updating its reservation site at hotelbeneficial.com.
The Company's bet.cr Masaya building received a provisional gaming license from the Nicaraguan National Police for slots and video poker machines.
The Company's bet.cr Tropical Vereda Casino & Bar acquired an expanded gaming license allowing it to double the number of gaming machines it previously had. The expansion was approved by both the Nicaraguan National Police and the Nicaraguan Institute of Tourism. Additionally, the liquor license was expanded to allow longer hours of operation. The Company recently installed a state of the art high tech inventory control system along with a high tech video monitoring system at the location.
