Thursday, March 10, 2005

First Canadian American Announces Expansion to Macau

First Canadian American Holding Corporation announces today that it has set up a division to pursue casino related opportunities for development and management in Macau. With casino gaming continuing its rapid expansion into the Chinese gaming enclave of Macau, First Canadian wants to take advantage of this growing market. Sandy Winick of FCAH said the new division reflects the emphasis the company is placing on expanding its overseas business, 'Asia, and specifically Macau, is rapidly becoming one of the most important gaming markets in the world,' Mr. Winick continued 'that as more Western-style casino developments open in Macau, more and more opportunities will develop.' About First Canadian American Holding Corporation: First Canadian American Holding Corporation is a holding company with subsidiaries in a range of businesses. The Company's subsidiaries conduct operations in areas of digital television, radio and building and construction. The company is actively looking at several other opportunities in many different industries such as natural resources, wireless, technology and biotechnology." more