World Poker Fund Holding issues important announcements

World Poker Fund Holdings, developer and operator of online and event-based social gaming platforms and brands has partnered with South Pacific Interactive to form a Nevada-based subsidiary, which will be majority owned and under the operational control of WPFH. Under the new subsidiary, WPFH has secured a gaming and slot machine distribution arrangement which includes distribution to 400 land-based casinos and 90 Indian Tribes in the U.S. WPFH, through its subsidiary, will initially roll-out at least 4,000 slot machines in 2018.

The company is also launching a new division which will allow for the integration and use of digital currency with its existing and future technologies and applications. Initially, WPFH is developing and exploring cryptocurrency mining opportunities and wallet apps specifically geared toward social gaming projects and its users. It will seek to integrate blockchain mining into its social games, casino games, and applications that WPFH players are already or will be using. By introducing a cryptocurrency-friendly wallet app, the company is seeking to make it easier for its users to provide payment in the currency that best fits their needs and desires.

WPFH also announced that Travis Kasper, Esq. has been appointed as the Chairman of the Board. Mr. Kasper brings a wealth of experience in international and corporate areas while also bringing a technological and creative perspective. Prior to being a lawyer, he worked in the world of film and television and “cut his tech teeth” while working with various special FX companies. He brings a sophisticated perspective that seeks to push the boundaries of the company and technology.

“This is an exciting time for WPFH. We are in exciting and interesting times in the world of social and casino gaming. WPFH is poised to take advantage of all these new opportunities like cryptocurrencies, the expansion of access to online gambling and cultivating the untapped market that is the millennial generation,” says Travis Kasper, Chairman of WPFH.