Elray Gaming – Wagering of 11 Million Dollars with 51% increase
in Gaming Profit for the month of November
New York, NY - December 5, 2014 - InvestorsHub NewsWire - Elray
Resources Inc. (OTCPK: ELRA) trading as Elray Gaming announced
today that wagering for the month of November exceeded 11 Million
USD and game yield was 51% above expected average.
Brian Goodman, CEO stated that, "Total wagering for the month of
November in all gaming products exceeded 11 Million USD. Wagering
in the Licensed Live Studio operations in Asia were slightly up on
October at 10,759,614.96 USD and the game yield was 3.19%.”
“Elray only receives a small percentage of the overall game
profits, however this is an excellent result as the expected yield
of the live studio is only around 2.5%, November’s yield being 51%
above average.”
“The Global Online Casino operating under www.goldengalaxy.com also experienced an improved
performance with 903,999.69 USD being wagered and a game return of
3.7%.”
“Overall the results have been very encouraging and we will
strive to maintain the growth and performance of these casino
businesses.”
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