Peace Brings Dividends

"Asia's gamblers will spend US$23 billion a year in casinos by 2010, up from US$8 billion last year. Dozens of new gaming halls will open to handle the growth. That will make Asia home to the world's last great casino boom. "We're anticipating a decade of great change for the Asian casino market."

Companies are scouring the Asian markets to seek out profitable casino opportunities. One of the companies involved in this area is Far East Entertainment.

The Company has been formed to bring together the expertise of a number of highly skilled and experienced casino managers to take advantage of the significant opportunities emerging in the Asian gambling sector. They have negotiated and been granted approval to open, initially one, casino in an Indian Ocean country and are negotiating further licences in the region.

The Company will offer all the services expected of an up-market casino, including blackjack, roulette, and electronic gaming, including a proprietary electronic roulette gaming machine initially invented by one of the directors. The Directors of the Company have approximately 120 years of collective experience in the casino industry.

Mr Perkins the CEO of FEE says "Casinos have operated in the region for many years, but have been generally unregulated and badly run. Governments and communities are now calling for casinos to share their wealth through taxation but also to be a local amenity that attracts income from tourism and publicity."

The company has committed to operating a classic style of casino. Mr Perkins continued "The old style casino management in the early days of the gaming industry created casinos such as this, in Monte Carlo and the classic clubs in London, which exuded style and became attractions in themselves. It is this style of casinos that is attractive to Governments in the Far East and Asia. Far East Entertainment (Pvt) Ltd was formed to bring together an extremely experienced team of casino, financial and entertainment professionals to take advantage of the opportunities emerging in this marketplace by operating casinos in this style.

Celebrity director Kenny Lynch, a famous singer in the sixties has been retained to bring classic style caberet and entertainment to the FEE casinos.

With a market listing in mind the directors are issuing a limited number of prospectus for investment into their business through their corporate advisors.