City Capital Corporation: Rolesville Continues to Roll, Sweepstakes Delivers Another Great Encore Performance
29 Septembre 2010 - 4:00PM
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 Rolesville, NC. 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, Even despite a recent a ban of sweepstakes machines
in North Carolina taking effect at the end of the year, new markets
continue to aggressively open up to this opportunity. Owners of
Sweepstakes gaming machines regularly experience significant, rapid
revenue generation that is simplistically sustainable.
The figures generated from the twenty three Sweepstakes gaming
terminals in Rolesville, NC, during the operating month of August
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 $350.52 per terminal before expenses. Considering that the
retail price to the general public is $4,997.00, mid and long-term
ROI levels are considered exceptional in these economic times. 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, "Our sweepstakes division is performing above
our expectations. Our plan is to roll out about fifty of these
centers nationwide over the next few years if this growth rate
continues."
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 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
(PINKSHEETS: 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: Contact Information Investor Relations 877-685 CTCC
(2822) IR@CityCapCorp.com City Capital Corporation
www.CityCapCorp.com www.SweepStakesIncome.com
City Capital (CE) (USOTC:CTCC)
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