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Gambling News by Gambling Headquarters

Sunday, April 23, 2006

Neuman Continues Sponsorship Deal

 

World Series of Poker / World Poker Tour Player Scott Neuman is proud to announce his continued sponsorship by Aztec Mining and Sportsbookandpoker.com. A publicly traded company (Ticker:AZTM). Aztec Mining and Sports has agreed to sponsor Toms River, NJ resident Scott Neuman in twelve upcoming multi-million dollar tournaments in the next twelve months. The total prize pool could be as high as $20 million dollars and the potential revenues for Aztec Mining could be over $1.2 million dollars. Scott Neuman will be competing against World Series of Poker and World Poker Tour players in the No Limit High stakes game of Texas Hold'em.

Scott Neuman is coming off a final table result at the World Series of Poker event in Atlantic City at Harrahs Casino and the Big Smoke High Stakes No Limit Texas Holdem event sponsored by Cigar Aficionado and also 34 final table poker tournament total finishes or wins. Scott Neuman is happy to have the opportunity to continue to be sponsored by Aztec Mining and Bordercitypoker.com for these twelve upcoming events worth millions of dollars in prize money.

"Aztec Mining is a public traded company under the ticker symbol "AZTM". While Aztec Mining has mining interests, they are also looking for other revenue streams to increase shareholder value via their newest acquisition Sportsbookandpoker.com and bordercitypoker.com. Aztec Mining is looking to show the world their state-of-the-art sports book and poker software. Their sportsbookandpoker.com and their new bordercitypoker.com site offers the ability to place bets on hundreds of events and in addition, play against some of the best online poker players in the world for as little as $3.00 a tournament" said Scott Neuman. "Aztec Mining and Bordercitypoker.com came to me after seeing my eBay auction promotions and that other online poker rooms had sponsored me for World Poker Tour events at the Borgata Casino and Spa and also at the World Series of Poker Main Event in Las Vegas, and suggested that by playing in twelve different multi-million dollar tournaments, that it might generate revenue for the shareholders of Aztec Mining and also introduce players on their new poker and sports book room".

Aztec Mining was also interested in sponsoring Scott because of his charity work with Rotary International. Scott Neuman is a member of Rotary International's local club in Lakewood, NJ, and Scott Neuman will donate 10% of his earned and kept winnings to his local Rotary International Club from these sponsored events. Scott normally places in the top percentage of most tournaments that he enters and hopes to be able to make a large charitably donation to the Lakewood Rotary Club of Lakewood, NJ. "A large percentage of the money raised from donations and events run by the Lakewood Rotary Club goes right back to the community of Lakewood in the form of scholarships, books for the elementary schools, and support for senior citizens in town, in addition to national and world wide needs, says Scott Neuman".

"This is a win-win situation for us as Scott is an accomplished poker player in the World Series of Poker and has done well in many high-profile events" said Aztec Mining CEO Scott Tobia. "Sportsbookandpoker.com will gain widespread publicity by sponsoring Scott Neuman if Scott can hit one or all of the 12 upcoming tournaments. If Scott places well in these series of tournaments, the upside is huge for Aztec Mining, with possible revenues in the millions of dollars for our shareholders over the next twelve months. Sportsbookandpoker.com and Bordercitypoker.com will gain more members and our shareholders will see an increase in stock value from the revenues our pokersite will generate. In addition we're hoping to help Scott contribute a large amount of money to his chosen charity if he does well in this tournament.

Scott will be wearing a Aztec Mining/Sportsbookandpoker.com logo shirt and hat when he plays at various events in the future including the Borgata Ultimate Satellite in two weeks in Atlantic City. More on Aztec Mining: Aztec Mining is an emerging mining and metals company that has diversified, by creating revenue generating internet search engines and their latest purchase, "Sportsbookandpoker.com". Tens of thousands of pokers players will be playing online daily. In addition, Sportsbookandpoker.com offers step tournaments to World Series of Poker and World Poker Tour events for as little as $3.00 to enter.

Aztec Mining would like to announce that it has signed a letter of intent to acquire an established land based casino located in the United States. The casino includes poker tables, a small number of video poker machines a lounge, and restaurant. The property has room to expand. All gaming and liquor licenses are included in the sale. The company has 120 days to perform due diligence on the business. Current revenues are approx. $500,000 US a year. The restaurant, lounge, and casino are currently only open a limited number of hours daily.

The company has reached an agreement with Harrahs Entertainment (HET) so the company can host satellite tournaments to the World Series Of Poker on sportsbookandpoker.com . The World Series Of Poker will be held at the RIO in Las Vegas Nevada from July 29th 2006 to August 10th 2006. This is the largest poker tournament in the world. Our tournaments are scheduled to begin on May 4th 2006. We anticipate being able to give away 30 seats to the World Series of Poker No Limit 10,000 buy in main event. Our satellite tournaments are going to be a two tournament format the buy in for the first tournament will be $3.00 1 in every 25 entrants will receive a seat in the second tournament. The only way to be in the second tournament is to win an entry from the first tournament. the winners in this second tournament will receive an entry in the World Series Of Poker. The total seats given away in the final tournament will be determined by the total number of entrants.

The company has also posted it's financial reports for the first quarter of 2006. They are available at pinksheets.com Included in the revenues are the last four days of March 2006 when the company took over ownership of sportsbookandpoker.com's marketing agreement. Aztec Mining gets 80% of poker revenues from the rake from cash games and tournaments and 85% of net losses from the sportsbook with the other 20 and 15 percent going to the third party operator. Sportsbookandpoker.com is a live cash poker website as well as a sportsbook.

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