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More International Expansion in the Cards as Bodog.com
Pulls Advertising from the U.S. Market and Relocates
Global Headquarters to Antigua
For
Immediate Release
Bodog.com Entertainment announced
today a plan to pull all its U.S.-facing gaming-related
advertising, mostly for its free-play and educational
site, Bodog.net. The advertising pullback, which
is quite extensive, includes television, radio,
magazine and newspapers in the U.S. market as
the online gaming giant has chosen instead to
focus its gaming and educational site advertising
efforts on European and Asian markets in a strategic
decision based on the entertainment company’s
long-term business objectives.
The digital entertainment
powerhouse, which has become as well known for
its television production, music distribution
and other digital entertainment properties as
it has for its world-class gaming enterprise,
will continue to advertise its other digital entertainment
products, including television, music and publishing,
in North America and markets around the world.
Bodog.com Founder Calvin
Ayre, citing current uncertainties in the U.S.
market, said the recent legislation passed by
Congress was a reason behind the decision. "Though
the online gaming environment in the U.S. seems
to be headed down a path toward eventual regulation,
the current climate calls for even more focus
of our gaming-related advertising dollars into
markets that face Europe and Asia," says
the billionaire founder of Bodog.com Entertainment.
"We couldn't be better positioned to build
upon our current success and growth and to continue
our aggressive push toward international expansion
into markets such as Europe and Asia."
Bodog.com's latest move should
come as little surprise, as the digital entertainment
company has been taking a multi-phased approach
to expanding its product channels into international
markets for the past several years, with Bodog
Music and Bodog Television leading the way.
Bodog's international music
distribution division, Bodog Music, currently
has offices in Berlin, London and other international
destinations. Bodog Television shows, including
BodogFight and Calvin Ayre Wild Card Poker, are
being distributed worldwide on cable, satellite,
PPV and broadband to countries such as Japan and
other regions of the world, including North America
and Europe.
The latest announcement comes
on the heels of Bodog.com Entertainment completing
its relocation of its global head office and gaming
operations from Costa Rica to Antigua. This was
initiated as soon as Bodog.com acquired Betcorp's
international infrastructure in mid-November.
Bodog.com Entertainment will maintain offices
in Costa Rica for some data entry as well as its
charity foundation division and some of its television
production division, which is working on or already
producing four annual reality TV series. This
content is distributed to millions of viewers
around the world.
"This is another step
aimed toward strengthening our business model,"
Ayre says. "This accords our gaming division
a license in a safe, reliable and well-regulated
jurisdiction and Antigua is also the right jurisdiction
from where to run our European expansion."
The Calvin Ayre Foundation
(CalvinAyreFoundation.com) will remain headquartered
in Costa Rica and continue to provide support
to disadvantaged locals, while continuing to lead
various charitable initiatives in Costa Rica,
North America and Asia.
About Bodog.com Entertainment
Group
Bodog.com , based out of
San Jose, Costa Rica, is federally licensed by
the Costa Rican and UK governments. Bodog.com
Entertainment Group Founder Calvin Ayre, recognized
as a world authority on branding in digital entertainment,
was featured on the cover of Forbes magazine's
recent best-selling "Billionaires" issue.
Bodog.com also has a thriving online community,
which includes history-making World Series of
Poker Main Event champion Jamie Gold (www.bodog.com/poker).
Bodog.com Entertainment Group offers a host of
entertainment services, including: online gaming
(Bodog.com); an international record label (Bodog
Music.com); a million-dollar band search competition
( BodogBattleoftheBands.com); a publishing division
(with an online magazine, BodogNation.com, and
blog, BodogBeat.com); an events department renowned
for producing parties that are stunning, chic
and celebrity-filled; and an international television
production division, which produces reality television
series, such as BodogFight (BodogFight.com) and
Calvin Ayre Wild Card Poker (CalvinAyre.com ).
For more information, contact Media Relations
at 1-866-892-3371, or pr@bodog.com. BODOG is a
registered trademark of Bodog.com Entertainment
Group.
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