City Capital Announces 21 Sweepstakes Terminals Rolling in Rolesville, NC
June 03 2010 - 7:00AM
Marketwired
City Capital Corporation's (PINKSHEETS: CTCC) wholly owned
subsidiary Clean Sweeps Holdings, LLC announces the positioning of
21 Sweepstakes Income gaming units in Rolesville, North Carolina.
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 21 Sweepstakes gaming terminals
in Rolesville, over the past five months, demonstrate exponential
growth rates and strong social proof statistics. On average, each
gaming terminal is generating total unaudited gross monthly income
of just over $400 per terminal. Considering that the retail price
to the general public is $4,997.00, mid and long-term ROI levels
are considered exceptional. A consistent month-to-month increase in
gross profit margins has been experienced during the last five
months of 2010. Further, the total amount of unaudited revenue for
the Rolesville installation generated by all machines during the
inaugural month of January ($14,721) is only 62% of the amount
generated between May 10 and May 25th ($23,582). In total the
unaudited gross revenue generated by the 21 machines since January
was approximately $88,595.00.
Ephren Taylor, Chief Executive Officer of City Capital
Corporation, stated, "I am pleased with the growth we have seen in
our Rolesville, NC location, however management and I feel that we
can do better with future installations. We are committed to
constantly improving our business model, and growing our
shareholder value."
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: Contact Information Rich Inza Investor Relations
877-685 CTCC (2822) IR@CityCapCorp.com City Capital Corporation
www.CityCapCorp.com www.SweepStakesIncome.com
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