Business
VGambling DTC Approval Makes Shares Available For Trade Amongst eSports Investors
VGambling DTC Approval Makes Shares Available For Trade Amongst eSports Investors.
About this update from Esports Entertainment Group, Inc.
[{"type":"text","content":" \n\nSt. Mary’s, Antigua – June 28, 2016 – VGambling Inc.\n(“OTCQB:GMBL” or the “Company”), a licensed next generation online gambling\ncompany focused on the massive and fast growing eSports industry, is pleased to\nannounce the Company has received approval from The Depository Trust Company\n(the \"DTC\") and is now DTC eligible. \n\n\n \n\nDTC eligibility allows for VGambling shares to be\neasily and economically transferred between brokerage accounts electronically.\nThe DTC is the largest securities depository in the world and acts like a\nclearinghouse for brokers, providing various services. \n\n \n\nThis is a very important milestone for the Company\nas it prepares to launch its eSports wagering platform to fans and participants\nin Q3 2016. Given the global nature of\nthe eSports industry, VGambling anticipates investment interest from across\nNorth America and the world.\n\n \n\n\"The ability to have GMBL shares electronically\ntransferred between brokerages in the United States is significantly more\nconvenient and reduces the costs incurred in trading shares, thus making it\nmore economical for shareholders, eSports investors and brokers to buy and sell\nVGambling shares,\" said Grant Johnson,\nChief Executive Officer of VGambling Inc.\n\n \n\nAbout\nVGambling Inc.\n\n \n\nVGambling Inc. is a next generation online gambling\ncompany licensed in Canada. VGambling intends to offer users from around the\nworld the ability to play and wager on multi-player video games and e-Sports\nevents for real money in our licensed and secure environment. VGambling has\nrecently been issued a Client Provider Authorization Permit to conduct real\nmoney interactive gaming on a global basis from bases in Canada and Antigua by\nthe Kahnawake Gaming Commission. VGambling has entered into a Betting Gaming\nPlatform Software Agreement with Swiss Interactive Software GmbH to provide\nwagering platform software. VGambling is led by a team of industry and\ntechnical experts from the Internet gambling and video game industries,\ne-Sports, marketing, legal and financial professionals. VGambling maintains\noffices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing\nseveral play for free websites and the real money wagering website www.vgambling.bet.\nVGambling’s common stock is listed on...