Beneficial Holdings, Inc. Enters Purchase Agreement for Oceanfront Land in El Transito, Nicaragua

MANAGUA, NICARAGUA — (Marketwire) — 01/11/12 — Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), which manages the and by Beneficial live dealer casinos and sportsbooks, a hotel, and gaming parlors in Nicaragua, today announced that it entered into a purchase agreement to buy an oceanfront property in El Transito, Nicaragua.The property will be developed as a boutique hotel with fourteen rooms including a separate onsite building as a slot parlor.The purchase will be an all stock transaction
