Kinbasha Gaming International, Inc. Announces Release of Corporate Overview Video
22 Juni 2012 - 10:15PM
Business Wire
Kinbasha Gaming International, Inc. (the “Company”) (PINK:KNBA)
owner and operator of retail pachinko gaming centers in Japan,
today released an online corporate overview video.
The video provides a concise overview of Kinbasha’s current
business activates and future growth potential in the lucrative
retail gaming space in Japan and provides investors with an
in-depth look at the company’s parlors and management team.
From the corporate overview video, “Pachinko is Japan’s largest
leisure activity, prevalent in all major cities. It generates an
estimated $234 billion in gross revenue per year and employs over
300,000 citizens. The Japanese Pachinko industry is the largest
service industry sector in Japan.”
The video goes on to state, “Capitalizing on this significant
industry, Kinbasha International Gaming, Inc. is an emerging growth
retail gaming company with plans for expansion in Japan’s major
cities. Kinbasha is already one of the top 50 in the entire
Japanese Pachinko industry by number of parlors.”
The overview video is the first of a series of informative
videos to be released that will discuss Kinbasha, its retail gaming
business model and aggressive growth plans as well as its ongoing
commitment to shareholder value.
To view the overview video, please navigate to:
www.kinbashainc.com/ovid.html
About Kinbasha Gaming International, Inc.
Based in Hitachi City, Japan, Kinbasha Gaming International,
Inc. (PINK: KNBA) is a retail gaming company with plans for
expansion in Japan’s sizable gaming and food and beverage
industries. Founded in 1957, Kinbasha’s principal business is the
ownership and operation of retail gaming establishments in Japan
that offer customers the opportunity to play the game of chance
known as pachinko. Pachinko is played on a device which resembles a
slot machine, and is ranked as Japan’s largest leisure activity,
accounting for approximately $230 billion in annual revenue.
Kinbasha currently employs nearly 1,000 people and owns 21 pachinko
parlors in the prefectures of Chiba, Ibaraki and Tokyo. In
addition, the company also owns three mid-size restaurants in Japan
which offer traditional Japanese cuisine. For more information on
Kinbasha, please visit: www.kinbashainc.com
For comprehensive investor relations material, including fact
sheets, multimedia resources, and videos regarding Kinbasha, please
follow the appropriate link: Investor Portal, Overview Video and
Investor Fact Sheet.
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary
companies. All statements, other than statements of historical fact
included herein are "forward-looking statements" including
statements regarding: the Company's business and operations;
business strategy, plans and objectives of the Company and its
subsidiaries; and any other statements of non-historical
information. These forward-looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Investors should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking
statements.
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