W Technologies, Inc. CEO Wayne Allyn Root Announces Online Poker Strategy
Posted on March 9, 2013 by admin
Las Vegas, Nevada March 13th, 2012 W Technologies, Inc. (WTCG.PK), a Nevada based online social media and gaming company, plans to offer online poker via the Internet. CEO Wayne Allyn Root stated,
Contingent upon the successful raise of our next round of capital, WTCG anticipates launching an online poker site offering online play for free as well as prizes to players globally. We believe the development of the first version of the future site may take 4-6 months to complete.
In parallel with the software development, WTCG intends to apply for a Nevada gaming license. If the Company meets the requirements of the State of Nevada and is granted a license, or decides to joint venture with a Nevada land-based casino license holder, it aims to be in position to allow residents of Nevada and outside the US to play games for cash. As additional states legalize online poker, WTCGs players in those states should also be allowed to play for cash. Naturally, no one can guarantee the issuance of a license, but we are optimistic that there is a bright future for online Poker in Nevada and other states through the country.
WTCG intends to use a social gaming advertising agency to assist with its market strategy. Through its relationship with CEO Wayne Allyn Root, the company has access to several databases of known gamblers which it will look to monetize. Mr. Root also brings relationships with well-known professional poker players and celebrities known for their love of poker, which the company is interested in building strategic relationships with.
Root is perhaps the leading sports handicapper in the country and the only member of the sports gaming community to be awarded his own star on the Las Vegas Walk of Stars. Root is well known in the Las Vegas community for his gaming, business and political background.
Mr. Root is a former Libertarian Party Vice Presidential candidate (the running mate of 4-term Congressman Bob Barr of Georgia). He is the author of 7 books (including two Amazon best-sellers), a Fox News Channel regular guest, and a national media star. A former anchorman and host on the Financial News Network (now CNBC), Root is an entrepreneur, economist, small businessman, distinguished business speaker, best-selling author, and passionate Capitalist Evangelist. Wayne appears weekly on the nationally syndicated Big Biz Show with his segment ROOT on Business. He makes hundreds of media appearances annually, including regular guest appearances on several national radio shows. He serves as Senior Economic Advisor to a global financial services company, as well as national spokesman for a precious metals firm. Wayne also serves on multiple Boards of Directors.
Additionally, through its acquisition last year of Somo Technologies, COO Ron Costa will continue to work on social media business in support of the broader business strategy, with a new focus on social media and online gaming.
News 
Market Data 
Discover 
