Rising Star Gaming Acquires Hampton Casino and Portofino Casino

Recently launched online gaming equity fund purchases Hampton Casino and Portofino Casino in an effort to build a portfolio of online gaming properties.

(PRWEB) April 13, 2005 -- Rising Star Gaming Ltd. and Hampton Portofino Group today announced that they have completed the sale of Hampton Casino (hamptoncasino.com) and Portofino Casino (portofinocasino.com). Under the terms of the agreement 100% of the shares in Hampton Portofino Group, S.A. will be transferred to Rising Star Gaming, Ltd. Rising Star Gaming has paid an undisclosed cash payment to HPG for its interest in these two casinos.

Hampton Casino and Portofino Casino were launched in the summer of 2000. They were both listed among the top most popular online casinos by Casino City Press. Hampton and Portofino Casinos have been player favorites for the past five years. Their generous bonus policy and rich player experience made this pair a popular online destination for gamblers. Their robust database and their steady cash flow made them a very attractive offer for Rising Star Gaming.

Rising Star Gaming is committed to offering continued superior customer care and exciting user experience. The company is planning on launching Hampton Portofino Partners, a new affiliate program that will not only offer revenue shares as high as 50%, but will also pay affiliates $25 for every new player that they deliver to the casinos.

Rising Star Gaming is a private equity fund focused on acquiring and managing companies that provide gaming entertainment services on the internet.

"We are thrilled about adding such blue chip properties to our recently launched portfolio," said George Klein, VP of Investor Relations of Rising Star Gaming. The rapid expansion of the online gaming market still provides ample opportunities for investors to generate strong double or even triple digit growth. Rising Star Gaming is pursuing an aggressive acquisition strategy to build up a solid and diversified asset base prior to a planned initial public offering.

###