Casino City CEO Profiled in Boston Business Journal

18 August 2006

NEWTON, Massachusetts – (PRESS RELEASE) -- Casino City CEO Michael Corfman is the featured entrepreneur in this week's edition of the Boston Business Journal, a publication of American City Business Journals, Inc.

Corfman, who founded Casino City 11 years ago as a division of Information Technology Systems, was called a "major player in the market for gaming industry information" by the newspaper. The article goes on to quote other industry leaders like Jeannie Caruso, publisher of Gaming & Leisure Magazine, who notes that Casino City's efforts to diversify its informational assets into a broad spectrum of formats has made the business something of an industry forerunner. "No one had really pulled it all together as well as (Corfman) had," she said.

Casino City is the world's largest provider of information for the casino industry; it publishes directories and almanacs including Casino City's iGaming Business Directory and operates a network of websites including https://www.casinocity.com and https://www.casinocitypress.com.

The Boston Business Journal noted that the success of Casino City's revenue model stems from the fact that it's not entirely dependent on online advertising sales. The company's publishing arm generates about 15 percent of total revenue.

Casino City recently completed its latest acquisition, the Gambling Portal Webmasters Association, which Corfman described as an important resource for online gaming portal site owners that will continue to thrive and grow under Casino City's leadership. In the last decade, Casino City has made four strategic acquisitions, creating a network of nine sites.



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