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BlockChain Innovations Corp. Announces its Letter of Intent to Go Public as US Supreme Court overturns Sports betting Ban

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Toronto, Canada – June 21, 2018 BlockChain Innovations Corp. (“BCI” or the “Company”), an international blockchain technology supplier serving the regulated gaming industry is pleased to announce that it has signed a letter of intent with Capricorn Business Acquisition Inc. (NEX Board CAK.H), for its qualifying transaction to go-public in the Third Quarter of 2018. With the 6-3 United States Supreme Court decision two-weeks ago striking down a 1992 law prohibiting such gambling outside of Nevada, the American Gaming Association estimated there is over $250 billion wagered annually in the US.

FMI Capital Advisory Inc., (a sister company to Foundation Markets Inc. – a Toronto-based merchant/investment banking group) has been engaged to act as an exclusive financial advisor to BCI and FMI has been engaged as a financing agent to complete a capital raise via private placement. The raise will target strategic and institutional investors, and the net proceeds will be used to invest in the Company’s technology and product development, marketing & brand awareness, and working capital. The details of the transaction are set out in Capricorn’s press release at: https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00027230.

The planned go-public transaction will make BCI the first on-blockchain wagering public company in the world to serve the regulated and player-to-player gaming industries in the United Kingdom, Europe, United States and gaming jurisdictions worldwide. BCI will announce further detail pertaining to the go-public transaction in due course.

BCI’s CEO Matt Stafford commented, “With the United States sports betting market opening and the go-public transaction set for the Third Quarter, BCI can bring it’s gaming-by-design blockchain technology to several regulated gaming markets, I want to extend a sincere thank all our investors for making this milestone in BCI’s history possible.”

Adam Szweras, Chairman of Foundation Markets also commented, “BCI continues Foundation Market’s proven track record of successfully backing companies in the emerging high growth industries. We are excited to be a part of BCI’s one of a kind market ready blockchain technology.”

About BlockChain Innovation Corp.

Blockchain Innovations is headquartered in Las Vegas. The company designs and develops market ready blockchain technology for public and private real-money wagering and peer-to-peer gaming companies across the globe.

The company’s blockchain technology consists of a fully functional crypto-currency wallet, a tipbot – PebbleShare for easily sending and receiving smart contracts, and its smart contracts platform- the ideal wagering eco-system for instant confirmation, where contracts are tradeable, divisible, transferable and new wagering not available in traditional retail or online markets.

The company’s technology is built around PebbleCoin, a gambling-by-design cryptocurrency that has been mined since 2015. Pebblecoin’s unique features make it the only crypto-currency that can facilitate real-time wagering.

For more information, please contact:

For Blockchain Innovations Inc.:

Matt Stafford, CEO
702-496-9119

matt@blockchaininnovations.info

For FMICAI or FMI:

Adam Szweras, Chairman

416-777-6170

aszweras@foundationmarkets.com

 

Forward-Looking Statements

This press release contains “forward-looking information”, as such term is defined in applicable Canadian securities legislation. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information in this press release is made as of the date of this press release, and each of Capricorn and Blockchain Innovations disclaim any intention or obligation to update or revise such information, except as required by applicable law.

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Week 29 slot games releases

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weekly-slot-releases-1-2 Week 29 slot games releasesReading Time: 4 minutes

 

Introducing Sherlock of London2122-96 Week 29 slot games releases, the latest online slot from award-winning entertainment provider Microgaming. Developed exclusively by Rabcat, the creators of Castle Builder II2122-97 Week 29 slot games releases and Crystal Rift2122-98 Week 29 slot games releases, Sherlock of London2122-99 Week 29 slot games releases brings the excitement and intriguing adventures to life in the form of a thrilling five-by-three reel, 25-payline online slot. Through the sinister smog of old London, a legendary sleuth and his trusty companion are hot on the trail of big wins.

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Twin Casino is proud to announce the release of their first online slot game, Banana Odyssey, created in partnership with Slingshot Studios exclusively for Microgaming. For the next 7 weeks you will be able to play Banana Odyssey exclusively at twin.com. Staring two Astro-chimps, Chip and Buck, this intergalactic adventure will take you to the Banana Planet, a faraway place packed with enormous riches and big wins.

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The highly anticipated new game title from Wazdan, Larry the Leprechaun, has officially been released – just in time for iGB Live! – offering players a little Irish luck as they journey through an enchanted forest in search of a pot full of gold. Larry the Leprechaun transports players into the enchanted forest where they can spin the reels in their search for the ancient Irish legend, the ultimate pot of gold. Full of exciting twists and turns, Larry the Leprechaun offers players a wide variety of special features that charm each spin. The game has 16 reels and no paylines, meaning that symbols pay on any position on the reels. What is more, players can block any symbols and re-spin the reels for a chance to get a winning combination.

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Relax Gaming, has boosted its proprietary offering with the localised and high energy game Powerspin, adding another title to its Jackpot Stars series. With 5 fixed paylines, the 3×3 video slot offers a modern twist on the classic fruit theme and is packed with bonus features that promise powerful and frequent wins. Multipliers and symbol upgrades can be won when the same symbol lands on all 9 positions thanks to the Bonus Wheel feature, while players can also choose to place a side bet to trigger the jackpot.

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Playson transports players to a place of mysticism and beauty with its latest slot, Solar Queen. The Egyptian-themed 4×5 slot with 20 lines slot features the progressive accumulation of Wild symbols and winning multipliers to pique the interest of even the most seasoned adventurers. Sun symbols trigger the Flaming Frames feature and increase multipliers, and with every tenth spin each frame is transformed into Wild symbols.

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Blueprint Gaming is inviting players to beat the banker once again in the latest addition to its popular Pub Fruit Series – Deal or No Deal: Double Action2122-100 Week 29 slot games releases. Following the success of last year’s debut release, The Perfect Play, the next incarnation of the slot game using the Deal or No Deal2122-101 Week 29 slot games releases licence, inspired by the world-renowned gameshow, delivers even more features from the classic pub fruit gaming format. Collect five or more telephone symbols to trigger the Double Action feature, where players can experience two games at the same time and double their chances of picking a box filled with top prizes.

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Microgaming has launched its latest online slot “Magic of Sahara” developed by All41 Studios. Following the release of Le Kaffee Bar, Magic of Sahara is the second game developed by All41 Studios. Conjured up with lavish art and music, the game’s enchanting atmosphere invites players into a desert wonderland filled with stacked wilds, free spins and a Token Chain feature. Casting a spell during the base game are valuable super stacked wilds, which can materialise on reels three and four, invoking magical rewards.

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Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 29 slot games releases

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DouYu International Holdings Ltd Raises $775 Million in U.S. IPO

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9-13 DouYu International Holdings Ltd Raises $775 Million in U.S. IPOReading Time: 1 minute

 

DouYu International Holdings Ltd, a Chinese video-streaming service which is backed by the Tencent Holdings Ltd, has raised $775 million through an initial public offering in the U.S.

DouYu sold 67.39 million American depositary shares at $11.50 apiece, at the bottom of an indicative price range of $11.50 to $14 a share. The IPO values the company at nearly $4 billion, including restricted shares issued to employees under a share-based compensation program.

In 2018, around 683 million people or roughly half the country’s population, played games on phones, computers or game consoles. The market-research firm forecasts that number will reach 878 million or nearly a third of videogamers globally in 2023.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: DouYu International Holdings Ltd Raises 5 Million in U.S. IPO

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Fortuna Becomes the Official Sponsor of Stomil Olsztyn in Poland

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8-14 Fortuna Becomes the Official Sponsor of Stomil Olsztyn in PolandReading Time: 1 minute

 

Bookmaker Fortuna has signed a deal with the Polish football club Stomil Olsztyn and become the official sponsor of the club. The contract will be valid at least until the end of the 2019/2020 season.

The joint marketing plans of Stomil and Fortuna assume activations directed to supporters and the presence of a bookmaker in the club’s social media channels.

“Involvement of the club and players in the struggle for survival of Stomil at the level of Fortuna 1st League in the spring round of the previous season made a huge impression on the whole football environment,” Leszek Haba, Member of the Board, Marketing Director of Fortuna Online Zakłady Bukmacherskie said.

“I am convinced that better days are coming for the Pride of Warmia, therefore, as Fortuna, we want to accompany the team from Olsztyn in the fight for higher and higher sporting and organizational goals. I hope that thanks to cooperation with Stomil we will strengthen our presence in the region, and the club, with our support, will soon refer to the times when, as an equal, it competed with the best teams in the country,” Leszek Haba added.

“We are very pleased that such a company recognized on the Polish market, which undoubtedly is Fortuna joined the group supporting the Club and together we will build #NowyStomil. I believe that this cooperation will bring benefits for both parties,” Robert Jurga, President of Stomil said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Fortuna Becomes the Official Sponsor of Stomil Olsztyn in Poland

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