NEW YORK--(BUSINESS WIRE)--Elray Resources, Inc. (OTCBB: ELRA), through its online gaming and turnkey solution subsidiary Elray Gaming, announces the launch and operations of the Golden Galaxy online casino.
Golden Galaxy is a licensed online casino, and whilst it complies fully with the UIGEA (The Unlawful Internet Gambling Enforcement Act of 2006) and does not accept US players it is targeted towards other regulated and rapidly growing markets. Golden Galaxy's software is provided and maintained by Playtech Limited, the world's largest online gaming software supplier traded on the London Stock Exchange’s Main Market, offering cutting-edge, value added solutions to the industry's leading operators. Since Playtech's inception in 1999 the world’s leading online gaming software company, and bears the official approval of the Technical System Testing of North America Inc. (TST), which has periodically verified that the games are true and fair.
To view the new online casino visit www.goldengalaxy.com
Elray Gaming has entered into a 12-month consultancy agreement to develop and support Golden Galaxy online casino. The Company will assist Golden Galaxy in the marketing and support of their online casino for the twelve month term of the agreement, with provisions to provide additional services as Golden Galaxy expands their gaming portfolio.
Golden Galaxy is an online casino operator, which operates online casinos in three languages, English, Spanish and Chinese, and plans to launch additional online casino products in the coming months.
Brian Goodman, the CEO of Elray Gaming commented, “We are very excited to announce the launch of Golden Galaxy online casino for our new client. This not only marks our first operational casino, but opens the door for additional support services, and revenue, as we look to expand our turnkey online casino operations”.
Brian Goodman also stated that “According to Transparency Market Research the Global Gaming Market was worth USD 70.5 billion in 2011 and is expected to reach USD 117.9billion in 2015, growing at a CAGR of 13.7% from 2011 to 2015. In the overall global market, The Asia pacific region is the fastest growing geographical segment till 2015. The demand is forecasted to increase in the upcoming years worldwide due to advanced gaming features and increasing number of internet users.”
To inquire about potential online or mobile gaming partnerships, or development of a specific branded online casino platform please email us at brian@elraygaming.com
About Elray Gaming, Inc.
Elray Gaming provides a complete turnkey solution for numerous successful online gaming companies as well as performs strategic marketing and consulting services for Online Gaming operators from all parts of the world. While our US office is in New York, we are a global company with offices in London, Sydney and Curacao, homes of the largest online operators on the net, 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 and www.elraymobile.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.
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