Elray Gaming to Develop a Fantasy Stock Market and Forex Application
January 12 2012 - 8:00AM
Business Wire
Elray Gaming (OTC.BB:ELRA) a developer of turnkey gaming
products, announced plans to develop a host of social networking
and mobile applications for the investor community.
US Gaming Laws
Brian Goodman, CEO of Elray Gaming commented “This is in line
with Elray’s overall strategy to offer high tech state of the art
gaming products, strengthening the companies positioning to benefit
from the inevitable change in gaming legislation in the U.S.A. Last
month the U.S. Justice Department issued an opinion that in-state
internet gambling does not violate law and states are already
working towards legalizing online gambling.”
Mr. Goodman said, “It is inevitable that online gaming in the
USA will be allowed in certain States and this will not only be a
positive result for Elray but for the gaming community as a
whole.”
Elray Gaming is in the process of finalizing a Joint Venture
with one of the world’s largest global financial service
providers.
Elray Gaming will provide a financial trading platform offering
real money financial service trading facilities (non USA) as well
as a Fantasy Trading / Social Networking products in Stock, Options
and currency markets.
Fantasy Stock Market and Forex Applications
Elray Gaming will launch a suite of products aimed at
capitalizing on the rapidly growing Social Network and Fantasy
Markets. All products will be accessible via the web as well as
smart phones, and will allow a network of active investor
community. These products will provide Elray Gaming an additional
growth component in its online gaming portfolio, and develop an
active network of customers interested in the financial
markets.
Elray Gaming strictly complies with all local laws and
jurisdictions, and the UIGEA (The USA's Unlawful Internet
Gambling Enforcement Act of 2006).
About Elray Gaming
Elray Gaming is an established Global Online Gaming entity which
owns and licenses Gaming Intellectual Property, Gaming Domains,
Trademarks and Player Databases. www.elraygaming.com.
Elray Resources (PK) (USOTC:ELRA)
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