VANCOUVER, BC–(Marketwired – May 11, 2017) –
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES
Contagious Gaming Inc. (TSX VENTURE: CNS) (FRANKFURT: RHRC) (“Contagious Gaming” or the “Company“) is pleased to announce the Company, has secured a development and licensing deal with a video game distributor to produce a “Match 3” style casino game. The Company will be paid a development fee to produce the game and royalty fees on a revenue share basis once the game is launched.
The contract involves the Company’s “Timeless Gems” game property being modified for casino game play. The resulting game, “Timeless Lotto”, is a unique “Match 3” style game featuring board game elements in which players embark on an epic adventure as they relive timeless classics such as “The Wonderful Wizard of Oz.” Appealing to the casual gaming audience “Timeless Lotto” offers unparalleled game mechanics that are both unique and innovative, thus filling the void for a new style of game in the gambling marketplace. In “Timeless Lotto”, the primary goal is for the player to collect as many items that spawn on the game board in a set number of moves by matching 3 or more identical gem pieces. The player will earn money by completing matches and collecting items, and the more they collect, the more they win.
“This contract allows us to leverage an existing game property and represents an endorsement of the quality of the content produced by Contagious Gaming. It is our intention to continue to leverage this and other game properties into additional markets, supporting our position as a leading developer of mobile and online gaming applications.” commented Peter Glancy, CEO and Director.
About Contagious Gaming
Contagious Gaming Inc. (TSX VENTURE: CNS) (FRANKFURT: RHRC) is a trusted software developer focused on providing dynamic gaming solutions for regulated gaming operators and lotteries around the world. Contagious Gaming offers sports betting, pool betting and iGaming solutions targeted at the online gaming markets. Our unique offering of content and technology can be delivered as a fully integrated service across a single, modern customer platform or can be offered as standalone verticals.
For more information on Contagious Gaming please visit www.contagiousgaming.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this news release is considered forward-looking within the meaning of certain securities laws and is subject to important risks, uncertainties and assumptions. This forward‐looking information includes, among other things, information with respect to the Company’s beliefs, plans, expectations, anticipations, estimates and intentions. The words “may”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “target” and similar words and expressions are used to identify forward‐looking information. The forward-looking information in this news release describes the Company’s expectations as of the date of this news release.
The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.
The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company’s forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD‐LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
For further information please contact:
Chief Financial Officer
Email: [email protected]
Phone: (647) 984-1244