SeanieMac Confirms 2Q On Track to Double Revenue of First Quarter
June 17 2016 - 9:10AM
InvestorsHub NewsWire
SOURCE: SeanieMac International, Ltd.
![SeanieMac International, Ltd. SeanieMac International, Ltd.](http://media.marketwire.com/attachments/201604/35142_SeanieMacLogo.jpg)
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New Platform Projected Launch Date Less Than 60
Days
HUNTINGTON, NY--(NewMediaWire - Jun 17, 2016)
- SeanieMac International Ltd. (OTC
PINK: BETS) announced today that its second quarter
revenue is on track to double the revenue achieved during the first
quarter of 2016. First quarter revenues (turnover) were US$2.82
million. Currently, second quarter revenues are $4.5 million with 2
weeks left in the quarter. Two million in revenue was booked
during the last two weeks.
The Company also announced that it has revised the projected
launch date for its new platform from September to mid-August.
Development and coding of the platform has been active for weeks
and training on the new platform is scheduled to begin late June.
The Company believes there will be a sharp increase in revenues
immediately following the launch.
About SeanieMac
SeanieMac Limited is a UK gaming company. It owns and operates
"www.apollobet.com", an online sports and casino
wagering web-based platform serving gamblers directly under the
brand name SeanieMac.com.
The Company's mission is to provide a market-leading,
user-friendly website for online gambling, including sports betting
and casino gaming (traditional casino, live casino, poker, bingo
and interactive skilled games). The Company does not market to U.S.
residents and, hereby, specifically discourages them from
attempting to access its wagering services.
Safe Harbor Statement
This news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or
uncertainties materialize or such assumptions prove incorrect, the
results of SeanieMac International, Ltd. and its consolidated
subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including but not
limited to statements regarding our expectations regarding amounts
staked and gross profits and our marketing initiatives. Such risks
and uncertainties include, among other things, the uncertainty
regarding consumer preferences, a decline in the popularity of our
website and competition in the online gambling industry. SeanieMac
assumes no obligation and does not intend to update these
forward-looking statements.
A further description of risks and uncertainties can be found in
SeanieMac International, Ltd.'s Annual Report on Form 10-K for the
fiscal year ended December 31, 2015 and in its reports on Form 10-Q
and Form 8-K.