Las Vegas From Home.com Entertainment Inc. Closes First Tranche of the Non-Brokered Private Placement Financing

Las Vegas From Home.com Entertainment Inc. (the "Company" or "Las Vegas") (TSX
VENTURE:LVH)(PINK SHEETS:LVFHF)(FRANKFURT:LVH)(BERLIN:LVH) announces that
further to its News Release dated May 18, 2010, the Company has closed the first
tranche of the non-brokered private placement financing and has issued, in
aggregate, 24,100,000 Units at $0.05 per Unit to various Subscribers for total
proceeds to the Company of $1,205,000. Each Unit consists of one common share in
the capital of the Company and one share purchase warrant to purchase an
additional common share in the capital of the Company, exercisable at the price
of $0.10 per common share if exercised in the first year from Closing and at the
price of $0.25 per common share if exercised in the second year from Closing. In
respect to the first tranche closing, 2,000,000 common shares have been issued
as finder's fee to an arm's length party. All shares issued pursuant to the
first tranche closing are subject to a hold period expiring on October 18, 2010.


The proceeds of the non-brokered private placement financing will be used for
the continued development and roll-out of certain new and innovative products in
targeted markets with established strategic operational partners.


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

Jake H. Kalpakian, President

Statements made in this news release that relate to future plans, events or
performances are forward-looking statements. Any statement in this news 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.