Beneficial Holdings, Inc. Continues Negotiations to Acquire a Major Multiple Location Central American Casino Operation

LAS VEGAS, NV, Jul 30 (MARKET WIRE) --
Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), a casino and gaming holding
company, said today that it continues negotiations to acquire a major
multiple location casino operator. BFHJ has received the financial
information which provided our accountants with the ability to determine
the profit margins for each location.

The negotiations are continuing between the seller and BFHJ at an
intensive pace. Management believes if they can negotiate and close the
acquisition it will put them in the top ten Central American gaming
operators both in terms of revenue and number of locations.

"The prospective acquisition will provide in excess of ten million dollars
to the company's revenues and position us as a major casino operator
within Central America. We believe that we are well financed to perform
the purchase, and that we have the management talent to drastically
increase profits at the casinos by adding additional games and
entertainment for customers," said Carolina Navarro, president of
Beneficial Holdings.

ABOUT BENEFICIAL HOLDINGS, INC.:

Beneficial Holdings, Inc. is a Nevada corporation in operation since 1990.
The company is in the process of purchasing and signing management
agreements with various gaming and casino facilities in Nicaragua,
Honduras, El Salvador, and Guatemala. In addition, the Company is
entertaining several joint venture opportunities with established
companies to operate online casinos for non-United States residents that
will comply with United States and International law.

Contact:
Investor Relations
Beneficial Holdings
+505 8367 3333
Email Contact
www.beneficialholdings.info

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