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International Fight League Receives Approval from Nevada Commission

NEW YORK, December 6, 2006- The International Fight League (OTC.BB: IFLI), the world’s first team-based professional mixed martial arts league, today announced that it has received permission from the Nevada State Athletic Commission to conduct MMA events in the state, beginning in 2007. IFL Commissioner and co-founder Kurt Otto and President and co-founder Gareb Shamus met with the commission on Tuesday in Las Vegas, Nevada.

“We are very grateful that this process is completed, and that the commission has given us permission to move forward and schedule events,” Otto and Shamus said in a joint statement. “It is another important step forward for the IFL as we grow and develop our business model, and its great news for both the fans of the sport and our business partners, since Nevada is the epicenter of all fight sports and the commission is made up of some of the most respected people not only in the fight world, but in all of professional sports.”

The approval by the Nevada commission is the latest in a series of solid business developments for the IFL. Other recent announcements in the last week have included:

. The addition of the 12th and final team for 2007 (the Red Bears based in Chicago),
. The announcement of the full 2007 IFL schedule
. The move to make the IFL a publicly-traded company

The 11 date slate will include events in eight different states and begins with four teams, including the Nevada-based Lions (coached by legend Ken Shamrock) facing the San Jose-based Razorclaws (coached by his brother, world champion Frank Shamrock) at the ORACLE Coliseum on Friday January 19 in Oakland, California. Ken Shamrock recently held an open tryout in Reno for team hopefuls, and attracted over 150 competitors to the half-day event.

The IFL has announced 10 of the 11 sites thus far, and will announce the final site (to be held in mid-June of 2007) in the next week to 10 days.

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Posted December 6th, 2006 l 72 views

 




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