Las Vegas Restructures Deal With CY Foundation Group

Las Vegas From Home.com Entertainment Inc. (the "Company") or ("LVFH") (TSX
VENTURE:LVH)(OTCBB:LVFHF)(BERLIN:LVH)(FRANKFURT:LVH) is pleased to report that
as a result of the Company not proceeding with its transaction with CY
Foundation Group Limited ("CYF") and Touchdown Capital Inc. as announced on May
8, 2008, the Company has sold back the Exclusivity Rights to CYF and the Company
has successfully renegotiated and entered into a newly revised Software
Licensing Agreement ("SLA") with CYF. Under the new SLA, the Company will
provide CYF with software for the entire People's Republic of China ("PRC") and
will be paid a licensing royalty by CYF.


President and CEO Jake Kalpakian states, "We look forward to providing CYF with
our products and we strongly believe our new relationship with CYF is better
suited to meet each partner's interests in the rapidly expanding PRC
marketplace."


The Company also welcomes interested parties to visit the Company's new
corporate website at www.lvfh.com.


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.