Online Gaming Looking Promising for US States

Wed Feb 20, 2013 11:29am EST

* Reuters is not responsible for the content in this press release.

  NASHVILLE, TN, Feb 20 (Marketwire) -- 
Citing a February 17th article in the New York Times, DHS Holding Co.
(PINKSHEETS: DHSM) announced that online gaming in the United States
looks promising. According to the article, two states, Nevada and
Delaware, are already laying the groundwork for virtual gambling, with
New Jersey soon to follow.

    Quoting the New York times article, President Charlie Barrett stated,
"Gaming bills have been introduced in Mississippi, Iowa, California and
other states, driven by the realization that online gambling could bring
in streams of tax revenue." According to the article there is an
estimated 150,000 residents playing poker illegally in Iowa alone.

    In New Jersey, Gov. Chris Christie recently vetoed two online gambling
bills, stating only that the proposed 10 percent tax was not large
enough. The bill is likely to be refined and successfully resubmitted
within the next few months.

    The article also stated that "Overseas, online betting is generating an
estimated $32 billion in annual revenue -- nearly the size of the United
States casino market. Juniper Research estimates that betting on mobile
devices alone will be a $100 billion worldwide industry by 2017."

    Even social gaming companies that aren't traditionally thought of as
being involved in gambling are getting into the business. Zynga, best
known for its Facebook games Farmville and Mafia Wars, has recently
applied to the state of Nevada for a gambling license.

    Mr. Barrett concluded his statement, saying, "Online gambling appears to
be reemerging in the US as a source for states to increase revenue, such
as the example with many of the states mentioned in the New York Times

    Online gaming is $180 billion per year industry and DHS Holding Co. will
advertise and market worldwide in an attempt to
capture its share of this $180 billion industry.

    About the company
 The primary focus of DHS Holding Co. is directed to
pursue mergers and acquisitions of companies with potential for growth
and success. DHS is aggressively moving to develop and expand on both
domestic and international opportunities that include building a hotel
and casino in Belize and launching an online casino through DHS Belize,
LTD, a wholly-owned subsidiary of DHS Holding Co.

    Source Information

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DHS Holding Co.

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