Virginia Beach Off to a Great Start for City Capital's Sweepstakes Business Model
21 Septiembre 2010 - 6:39AM
Marketwired
City Capital Corporation's (PINKSHEETS: CTCC) wholly owned
subsidiary Clean Sweeps Holdings, LLC announces the positioning of
sixty two Sweepstakes Income gaming units in Virginia Beach, VA.
Clean Sweeps Holdings, LLC is currently positioning Sweepstakes
Income gaming terminals in retail locations across the southeastern
United States. Retail entities there are now experiencing stunning
growth rates as the hotly-popular gaming phenom continually brings
in new clientele and revenue.
Sweepstakes Income games allow players to win cash prizes at
terminals located in shopping centers and kiosks. The games attract
players of all types, diversifying the clientele that frequent
retail business entities. Comparable to the McDonald's Monopoly
gaming concept, Sweepstakes Income games are 100% legal, yet they
offer far more feasible probabilities for achieving victory. And
perhaps more significantly, owners of Sweepstakes gaming machines
regularly experience significant, rapid revenue generation that is
simplistically sustainable.
The figures generated from the sixty two Sweepstakes gaming
terminals in Virginia Beach, during the opening month of July 2010,
demonstrated great resilience of the sweep income business model
despite an economic recession. On average, each gaming terminal is
generating total unaudited gross monthly income of just over $182
per terminal. Considering that the retail price to the general
public is $4,997.00, mid and long-term ROI levels are considered
exceptional. When most American businesses are experiencing
declines in sales, it is even more impressive for this model to
post these numbers in this economic climate.
Ephren Taylor, Chief Executive Officer of City Capital
Corporation, stated, "Virginia Beach has a ton of potential, and we
plan to monetize it heavily for our clients."
Gaming terminal owners agree to pay a percentage of proceeds to
Clean Sweeps Holdings, LLC, which in turn donates a hefty portion
of every penny earned to various charities and other socially
conscious projects. The entire Clean Sweep Holdings, LLC gaming
system presents a win-win-win situation for consumers, retail
business owners and individual entrepreneurs marketing the
opportunity. For the consumer, a 100% legal cash incentive based
gaming system presents an exciting avenue for entertainment. For
retail business owners that house the units, an influx of new
clientele is experienced. And for the owners of the gaming units,
affordable, sustainable passive income streams are generated.
About Clean Sweeps Holdings, LLC Clean Sweeps Holdings, a wholly
owned subsidiary based out of Raleigh, North Carolina, currently
leverages innovative gaming technology to assist retail merchants
in increasing revenue while assisting charities with raising much
needed financial resources. The software itself is an interactive
suite of video games that allows merchants to run their own private
sweepstakes to encourage customers to spend more in their retail
locations. When consumers purchase the promoted items, a portion of
those proceeds helps to raise financial resources for selected
charities. The company earns revenue from managing the software and
hardware solutions on a subscription and percentage basis. The
company has recently collaborated with several development partners
for continued expansion of new and engaging interactive
applications to increase the effectiveness of the existing
platform.
About City Capital Corporation City Capital Corporation (CTCC),
founded in 1984, is a leader in the production and distribution of
emerging new gaming technology. Its holdings include corporate
owned retail stores and partnerships across the nation. City
Capital also maintains its long track-record of both building value
for investors and shareholders, while keeping with its socially
responsible focus. A significant share of profits are donated to
charity and other worthwhile causes.
Contact: Rich Inza Investor Relations 877-685 CTCC (2822)
IR@CityCapCorp.com City Capital Corporation www.CityCapCorp.com
www.SweepStakesIncome.com
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