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WPFH Finalizes Acquisition of Fantasy Sportsbook Picking Duck, Launches Sports Betting Show Beat the Bookie and Moves Forward With a Handicapper Marketplace

/EIN News/ -- Los Angeles, CA., May 24, 2018 (GLOBE NEWSWIRE) -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of on-line technology, gaming platforms and brands, announces today that it has signed a definitive agreement to acquire Picking Duck (https://pickingduck.com/)(iOS). WPFH has also brought back Picking Duck’s Handicapper Marketplace, wherein the public can “buy sports picks” from professional handicappers. WPFH also acquired the rights to develop & produce “Beat the Bookie”, which will initially launch as a podcast and VLOG.

 With the recent Supreme Court ruling, striking down “Professional and Amateur Sports Protection Act” (PASPA), all eyes have turned to the sports and sports betting world. WPFH has been anticipating this result for several months and has made many moves to secure its position as a trusted voice for accurate and educational information. Given the fantasy & Gamification of the Picking Duck app, they are not prohibited from discussing or entering into agreements with any casino, sports venue and the like.

 Picking Duck has been an active leader in the Fantasy Sports & Sports Betting arena for many years and they seek to continue that narrative. WPFH will also bring back Picking Duck’s Handicapper Marketplace wherein the public can purchase winning picks from professional handicappers and sports betting professionals.

 Picking Duck was created to glorify winners, and not just on the website and app, but on all of their social media platforms. From live interviews with players to private Facebook group contests, Picking Duck has built an authentic community of sports betting enthusiasts. They are changing the social sports betting landscape.

 To further the sports betting education initiative, WPFH signed an agreement to develop a program along with Picking Duck’s platform. The program is entitled “Beat the Bookie” which is a rotating talking heads format wherein various “bookies, handicappers and professional sports commentators” will discuss sports and sports betting from the book maker’s perspective. The concept and format was created by Brian Burkhardt, who has produced several well regarded gaming/gambling documentaries, including “Poker Bust Outs” and the upcoming documentary “Where’s Vinny” the story of comedian and “degenerate gambler” Vinny Favorito. 

 "Now that sports betting is legal, we expect many novice players to become highly interested in the game. And with our educational risk-free sports betting platform, it makes a great starting point for every sports fan to learn the ropes.,” says CEO of Picking Duck, Kenneth Manubay

 “Picking Duck’s gaming platform provides a crucial educational component. We believe our community should be comfortable making sports bets and encourage responsible betting. Whether you are new to sports betting or a seasoned veteran, you can learn how to sports bet or test your strategies. It’s time to erase the traditional ways of sports betting. By tracking your stats, following hot players, and competing in weekly contests, you’re able to hone your skills and understand that there may be more than just picking a random team to win the game. What distinguishes Picking Duck from others out there is our commitment to redefining what it means to be a sports bettor ,” says Travis Kasper, Chairman & CEO of WPFH.

 About World Poker Fund Holdings, Inc.

World Poker Fund Holdings, Inc. is a leading developer and operator of on-line technology, gaming platforms and brands. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.

 To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.

 Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Contact:
Eddie Kwong
626-466-9734
investors@worldpokerfund.com

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