Elray Gaming –Wagering Exceeds 10 Million Dollars for the month of October
October 28 2014 - 9:00AM
InvestorsHub NewsWire
Elray Gaming –Wagering Exceeds 10 Million Dollars for the month
of October
NEW YORK, NY - October 28th, 2014 - InvestorsHub NewsWire -
Elray Resources Inc. (OTCPK:
ELRA) trading as Elray Gaming announced today that wagering in
one of its JV Licensed Live Dealer Casino Facilities in Manila has
already surpassed 10 Million USD for the month of October.
Brian Goodman, CEO stated that, "This is very encouraging as
Elray has recently overcome some technical challenges in delivering
the product into Asia and the encouraging and incremental wagering
is as a result of the system now being stable and highly
competitive in the world’s largest gaming arena – Asia. The
expected yield of the live studio is around 2.5% of wagering and
the facilities are highly scalable. Elray will shortly roll out
additional Asian facing gaming products including a new fully
integrated E-store and exclusive VIP club specifically targeting
the Chinese market and in addition to gaming will also offer high
ticket branded fashion and electronic items.”
www.ElrayGaming.com
About Elray
Elray is an established Gaming entity which owns and licenses
Gaming Intellectual Property, Gaming Domains, Trademarks and Player
Databases. Whilst Elray is a US company, we have a global presence
with offices in London, South Africa, Sydney and Curacao, homes of
the largest gaming operators, which helps us actively manage and
serve our clients. Our sophisticated patented software
automatically declines any gaming requests from within the United
States, in strict compliance with current US law. Our Sydney office
allows us to tap into skilled resources and some of the world's
largest client base, for regular, personal interaction. As our
active operations are in a jurisdiction that is friendly to online
gaming, our clients can rest assured that we are here to stay.
www.elraygaming.com
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans
for future development activities, and are thus prospective.
Forward-looking statements include all statements that are not
statements of historical fact regarding intent, belief or current
expectations of the Company, its directors or its officers.
Investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to
control. Actual results may differ materially from those projected
in the forward-looking statements. Among the factors that could
cause actual results to differ materially from those indicated in
the forward-looking statements are risks and uncertainties
associated with the Company's business and finances in general,
including the ability to continue and manage its growth,
competition, global economic conditions and other factors discussed
in detail in the Company's periodic filings with the Security and
Exchange Commission. The Company undertakes no obligation to update
any forward-looking statements.
Contact:
Elray Gaming
Email: info@elraygaming.com
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