Next: Casino Table Game Tournaments From Kenilworth Systems Corporation
Next: Casino Table Game Tournaments From Kenilworth Systems Corporation
MINEOLA, N.Y., July 14 /PRNewswire-FirstCall/ -- Kenilworth Systems Corporation (OTC Pink Sheets: KENS) In the world of steady continuous advances in casino gaming technology, such as PartyGaming and Poker Tournaments in which hundreds participate and millions watch on taped television broadcasts, now comes Roulabette(TM) Casino Table Game Tournaments in which every television viewer can participate from their homes, at horse/dog racetracks, restaurants, hotels/resorts and off-track betting parlors (OTB). Roulabette(TM) is a system that allows casino enthusiasts to wager on live in-progress casino table games, made possible by the patented microprocessor to be installed in the television equipment that manages the wagering. With the live gaming and tournament wagering, Kenilworth, over the next five years, in progressive steps, will be in a $500 billion annual net win market throughout the industrialized world.
With video slot machines that also offer live, in-progress casino table games, literally thousands of casino players can participate with the table game used for the tournaments, in addition by players that may wager on the tournaments wherever a television set is located.
The Roulabette(TM) casino is next door, doesn't have the costly bricks and stones, and can be managed to prevent the underaged, especially those attending Colleges/Universities, from participating, shut out the compulsive gambler, managed by State lotteries for extra additional income that may be directed to where it is needed.
The Roulabette(TM) programs will include casino entertainment and commentators (much like commentators of sporting events and poker tournaments) in order to assist players with the rules and strategies of the games.
Subscribers to digital satellite and digital cable television in the United States and other industrialized countries of the world will soon be able to bet as they watch live, in-progress casino table game action on their television screens. Viewers will be able to wager exactly as if they were in the casino playing at the table.
Roulabette(TM) will be primarily deployed in conjunction with Lottery Systems, both in the U.S. and foreign countries. Digital satellite and digital cable subscribers will be able to go to their local Lottery agents and make deposits and/or collect winnings, in the same manner as if they are purchasing lottery tickets, using pre-encoded "Roulabette(TM) Play Cards" inserted in the Lottery terminals.
Kenilworth's technology involves a microprocessor that is incorporated in the television set top box used by the viewer to receive the digital satellite and digital cable broadcasts. The microprocessor manages the wagering (i.e., Roulette, Dice, Baccarat and more). Actually, all the wagering takes place between where the players sit and the set top box for the television or any television set anywhere that has the Kenilworth microprocessor.
This press release may be deemed to contain certain forward-looking statements with respect to business, financial conditions, results of operations of Kenilworth and its subsidiaries which involves risks and uncertainties including, but not limited to: obtain necessary capital for proposed projects, the ability to obtain experienced management to further the business plans of Kenilworth, the ability to obtain necessary regulatory approvals from various regulatory bodies, approval by State Legislatures, economic conditions and other risks described on Form 10-K, 2004.
Source: Kenilworth Systems Corporation
CONTACT: Andrew Hirko, Senior Vice President for Kenilworth Systems Corp., +1-516-741-1352, Roulabette@aol.com
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