Elray Gaming - Quarterly Update
21 Noviembre 2014 - 12:06AM
InvestorsHub NewsWire
Elray Gaming – Quarterly Update
NEW YORK - November 21, 2014 - InvestorsHub NewsWire
- Elray Resources Inc. (OTCPK:
ELRA) trading as Elray Gaming announced that as per its latest
Quarterly Filing, Revenues are up by 50% on the last Quarter and
Company Debt has been significantly reduced.
Brian Goodman, CEO stated that, "Whilst this year has been
challenging, the Company is now making solid progress. The Casino
Operations in Asia are performing well and our focus on increasing
company revenues and reducing debt have shown excellent results.
The Company has reduced its convertible debt by over 1.5 Million
Dollars over the last few months and whilst the convertible debt
has converted into equity the outlook for Elray is very positive
and expectations are that business will continue to grow, new
products will be launched, new relationships will be formed and
revenues will continue to increase in the coming months.”
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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