Article: AngelCiti Approves Spin-Off of Its Online Poker Operations Into a Separately Traded Public Company.

AngelCiti Entertainment, Inc. (BULLETIN BOARD: AGEL) announced that the board of directors unanimously approved the spin-off of its online poker operations into a separate publicly traded company. AngelCiti's wholly owned subsidiary Worldwide Management will split off its online poker operations into a separate company to more fully exploit the meteoric growth of the online poker industry. While online gaming itself continues to grow at a dramatic pace, the online poker industry has grown over 500% in the past year, according to statistics provided by PokerPulse.com, with an estimated $16 billion to be wagered at online poker websites this year.

"Management ...

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