TORONTO--(BUSINESS WIRE)--Evolution Technology Resources Inc. (OTC: ETKR) a firm with its office in Toronto, Canada, received acquisition financing from investment firm Eliseo Partners to acquire an operational, licensed and revenue producing online casino as a foundation to build a portfolio of brands in the growing online gambling and social gaming market.
The global online gambling market is currently worth around $37 billion a year, as about 85 nations across the world have chosen to legalize Internet gambling, according to the American Gaming Association. The United States only has a few jurisdictions which legalized and regulate online casino gambling so far, namely Nevada, New Jersey and Delaware.
The Company’s growth strategy is to acquire online casinos and cloud based gambling businesses with operational revenue and track records in order to leverage the success of the underlying business to reinvest into social gaming and other rapidly forming trends as they arise.
About Evolution Technologies Resources, Inc.
Evolution Technology Resources is a business development company that is focused on acquiring intellectual property and assets for cloud computing, high tech and online gaming industries. Evolution Technology Resources is a business development company focused on acquiring intellectual property and assets of the Cloud Computing, Media & Technology, Online Casinos and Social Gaming Sectors.
ETKR’s growth strategy consists of making acquisitions and innovations within the online gambling, social gaming and mobile apps to diversify our portfolio of brands to provide users access to great content. We have offices in Canada and South East Asia and manage a global network of contractors and affiliates providing us deep insight into high impact trends in our industry. Our online gambling platform is a key driver towards revenue growth. We feel strongly about Asian sports betting as an additional growth factor.
For more information visit: www.evotechonline.com
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