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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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Nacon and KT Racing Announce “TT Ride on the Edge 2020”

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4-1-1 Nacon and KT Racing Announce “TT Ride on the Edge 2020”
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NACON and KT Racing, in collaboration with the Isle of Man TT Races, have announced “TT Ride on the Edge 2020,” an online event taking place within the video game TT Isle of Man – Ride on the Edge 2. The competition will run from June 13–25.

TT Isle of Man – Ride on the Edge 2 is a racing simulation that recreates the TT Races in a game format. The route and Isle of Man environment have been accurately modelled to make the game experience as authentic as possible.

Gamers from all over the world who play TT Isle of Man – Ride on the Edge 2 on PlayStation 4 and PC can enter the open competition. They will be competing to win a trip for two to the 2021 Isle of Man TT Races and the opportunity to meet the riders who race on the iconic TT Mountain Course. The runner-up will win an official and limited-edition TT 2020 Arai helmet.


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: Nacon and KT Racing Announce “TT Ride on the Edge 2020”

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VISA and FACEIT Announce $450,000 Esports Programme with Gazprombank

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3-1-1 VISA and FACEIT Announce $450,000 Esports Programme with Gazprombank
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Visa and FACEIT have partnered with Gazprombank to launch the first esports card product for gamers actively engaged in Dota2 and CS:GO titles in Russia.

Gazprombank’s new FACEIT debit card by Visa will allow making everyday purchases, as well as give gamers exclusive access to tournaments on the FACEIT platform. Card holders will be able to take part in the competition for the prize pool in both disciplines of the FACEIT team game tournaments — Dota 2 and CS:GO.

Starting in June, $450,000 in prize money will be distributed among players within the first three months across several different tournament formats for CS:GO and Dota 2, both in FACEIT points and ruble cash prizes.

“In designing this product, we always stuck to the core question: ‘What does a player really want?’ The answer to this is surprisingly simple: the player wants to be rewarded for his success in the game. So we accepted the challenge of putting together a diverse, rich, exciting reward infrastructure that motivates players’ to become better while putting real tangible prizes into their hands when they win tournaments. With CS:GO and Dota hitting a peak of 1.3M and 800K concurrent players, we are saying to the world: come compete with us and get $450,000 worth of prizes!” Evgeniy Zelenyi, Director of Strategic Partnerships and Fintech at Visa Russia, said.

“We are very excited to launch the program with VISA and Gazprombank as our first partner in this world first collaboration. This program is a great example of how brands can connect with our community and significantly contribute to the development of competitive ecosystems which is something that is hugely important for FACEIT. The partnership aims to drive new competitive opportunities to esports players in Russia while also creating valuable content for CSGO and Dota2 players. It’s fantastic to partner with international industry leaders to create new initiatives,” Niccolo Maisto, Co-Founder & CEO of FACEIT, said.

“Following the trends in the banking business, Gazprombank once again relies on personalization. This time we chose a rapidly growing segment — the mass e-sports market in Russia. In partnership with Visa and FACEIT, we launched a unique card product for gamers, thanks to which we plan to significantly increase our customer base. I’m sure that the new card will be in demand, because now the e-sports audience in Russia has about 10–12 million people and is predicted to grow by 20% annually,” Alexey Popovich, First Vice President and member of the Management Board of Gazprombank, 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: VISA and FACEIT Announce 0,000 Esports Programme with Gazprombank

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Play’n GO Release Highly-Anticipated Twisted Sister Slot

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twisted-sisiter-slot Play’n GO Release Highly-Anticipated Twisted Sister Slot
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Slot supplier Play’n GO have released another quality title into the market, a collaboration with famed American rock band Twisted Sister.

The band reached worldwide acclaim during the 80s with their album Stay Hungry, and the game is a cascading gridslot based around two of the biggest hits from that album I Wanna Rock, and We’re Not Gonna Take It.

As has become the trademark for Play’n GO collaborative titles, the narrative of the game is strongly linked to Twisted Sister and their material, including a free round called “We’re Not Gonna Take It”, inspired by the lyrics and music video of the track. This is coupled with a host of special features for each of the band members represented during the game.The game continues on the company’s progression with their music slot catalogue and, following on from the last release, Annihilator, makes use of quality in-game animation to add an extra dimension to the gameplay, particularly during the free round.

Twisted Sister had an incredibly unique look and style, which has been translated into the game’s theme and design, something that CPO Martin Zettergren feels lent itself well to being transformed into a slot title:“Their distinctive style of music has allowed us to create a game with innovative features, meaning it will appeal to fans of quality slot entertainment, as well as fans of the band, there’s something for everyone.”

Twisted Sister is available to play online now.


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: Play’n GO Release Highly-Anticipated Twisted Sister Slot

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