777 Gross Revenues Remain Strong
SAN JOSE, Costa Rica -- (PRESS RELEASE) -- 777 Sports Entertainment Corp. (Pink Sheets:SVNP) is pleased to announce that gross revenues from all casino operations of 777betz.com for November 2005 remained consistent with increases evident in previous months, at $16 million. President James Po Ho Cheung noted that he expects that gross revenues for December 2005 will show a similar handle and that gross revenues for the year ending 2005 should come in ahead of budget.
Cheung continued, "With six full months of operating results showing significant month-over-month increases, gross revenues for 2006 will be expected to continue at a slower growth rate than 2005 but will reflect that the 777 brand name is enthusiastically being accepted by new and existing members. New programs expected to be ready for the first quarter of 2006 and a new software application for 2006 will ensure that the increased business volumes are able to be handled. I am very pleased with the results to date and look forward to the challenges 2006 will bring."