Las Vegas From Home.com Entertainment Inc. (the "Company") or ("LVFH") (TSX
VENTURE:LVH)(OTCBB:LVFHF)(BERLIN:LVH)(FRANKFURT:LVH) reports that the
non-binding letter of intent dated December 28, 2007 between the Company,
Touchdown Capital Inc. (TSX VENTURE:TDW.P), CY Foundation Group Limited ("CYF")
(HKSE:1182) and Special Opportunity Limited ("SPO") has been terminated, as a
result of which Touchdown Capital Inc. will not be proceeding with its
Qualifying Transaction that was announced on January 9, 2008. Touchdown Capital
Inc. will have no further interest in the LVFH/CYF/SPO relationship and will
resume its pursuit of another Qualifying Transaction.


Status of LVFH/CYF/SPO Relationship

The Company entered into a Software Licencing Agreement ("SLA") to provide CYF
with software for the entire People's Republic of China ("PRC") by means of
which CYF is obligated to pay LVFH a standard licensing royalty. The SLA has
been terminated and the parties to the SLA are presently in the process of
negotiating a revised SLA under amended terms and conditions.


In addition to the above SLA, the Company has entered into a Definitive
Agreement dated December 28, 2007 ("2007 DA") and on March 4, 2008 the Company
paid to CYF CDN$850,000 in consideration for the CYF Group's agreement to
exclusively use the LVFH Software ("Exclusivity Rights") to operate both the
popular "Fight the Landlord" ("Dou Di Zhu") and "13 Card Poker" ("Shi San
Zhang") online games (the "Selected LVFH Software") in the Henan Province and in
the city of Beijing including its suburbs (the "Designated Territory"). The CYF
Group agreed to pay royalty payments to LVFH equal to the greater of (i) 10% of
all tournament fees collected by the CYF Group less the tournament prizes paid
to the players, and (ii) 1% of all tournament collection fees collected by the
CYF Group without any deductions for prizes paid to the players, that are
generated from the operations of the Selected LVFH Software and/or any other
similar software which the CYF Group uses in the Designated Territory. 


To acquire the Exclusivity Rights for its software in the Designated Territory
for CDN$850,000, LVFH completed a private placement with SPO. In February 2008,
the Company issued to SPO 5,000,000 units at CDN$0.17 per unit, each unit
consisting of one common share of the Company and one warrant to buy one
additional share of the Company at CDN$0.25 until February 19, 2009. 


As the above-mentioned SLA and 2007 DA were related to the Touchdown Qualifying
Transaction which is no longer taking place, all three parties, LVFH, CYF and
SPO are exploring the possibilities of renegotiating and restructuring the SLA
and the 2007 DA. While all parties are hopeful to renegotiate and restructure a
mutually acceptable revised SLA and DA, there is no assurance whatsoever that
this will take place. Regardless of the outcome of the renegotiation and
restructuring of the revised SLA and DA, the terms of the 2007 DA between LVFH
and the CYF Group will continue to survive unless terminated by mutual consent.


On behalf of the Board of Las Vegas From Home.com Entertainment Inc.

Jacob H. Kalpakian, President

This release does not constitute an offer for sale of securities in the United
States.


Statements made in this news release that relate to future plans, events or
performances are forward-looking statements. Any statement in this release
containing words such as "believes", "plans", "expects" or "intends" and other
statements that are not historical facts are forward-looking, and these
statements involve risks and uncertainties and are based on current
expectations. Consequently, actual results could differ materially from the
expectations expressed in these forward-looking statements.


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