Elray Resources Inc. Acquires Online Casino Crypto Technology
Elray Resources Inc. has acquired Online Casino Crypto Technology from Luxor Capital LLC. The technology will enable Elray to build and supply full turnkey Crypto technology systems to online crypto gaming operators. The global crypto gambling industry is predicted to reach $93 billion by 2024. Since 2014, players have wagered more than 5.4 billion dollars in Bitcoin. 60% of all Bitcoin transactions are related to gambling. Bitcoin casinos have many advantages over traditional casinos, such as faster payments, improved security, and better transparency. Elrays will provide online casinos and crypto game technology to the online casino operators, as well as exclusive distribution agreement with Golden Matrix Group Inc., which will sell its content.
Elray Resources Inc. Acquires Online Casino Crypto Technology. Forward-looking statements in this press release are made only as of the date hereof and are not guaranteed. The Company does not intend to update these statements after the release except as required by law. It also does NOT intend on updating information prepared by third parties that are paid for by the Company. Elray does have no obligation to correct information from third party that is not paid by them.
Elray Resources Inc. Acquires Online Casino Crypto Technology.