GBGM .0015 ^66%-NEWS All Content and Data pro
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Posted On: 06/12/2014 12:52:12 PM
GBGM .0015 ^66%-NEWS
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Global Gaming Network, Inc. Expands Its Fantasy Sports Games Distribution With the Launch of Tune TriviaCompany Redeems 50 Million Shares of Its Common Stock
MARKET WIRE 9:00 AM ET 6/12/2014
Symbol Last Price Change
GBGM 0.0015down +0.0006 (+66.67%)
QUOTES AS OF 12:37:21 PM ET 06/12/2014
LOS ANGELES, CA -- (Marketwired) -- 06/12/14 -- Global Gaming Network, Inc.(GBGM) , www.GlobalGamingNetwork.com, announced today that it had entered the live trivia contests market with its launch of Tune Trivia LLC in partnership with the National Trivia Association ("NTA"
, producer of weekly trivia contests including the very popular "Quiz Show."
"We're pleased to partner with NTA, one of the leading developers and providers of live trivia contests to sports bars and restaurants nationwide. This new enterprise will allow GBGM to expand its present operations by providing sports bar customers with our recently introduced fantasy sports games, http://finance.yahoo.com/news/global-gaming-n...00597.html, along with the unique Tune Trivia contest developed by NTA. Tune Trivia LLC's first contract is with the Landshark Bar and Grill in Atlantic City, which is part of the nationwide Margaritaville chain of sports bars," said Stephen Kern, President of GBGM.
"I'm really delighted to partner with GBGM in Tune Trivia LLC. This partnership will assist us in expanding the market for our music trivia contest, now prominent on the East Coast, to the thousands of sports bars and restaurants in California and other Western states. Cross promotion will now be possible between the customized fantasy sports games, in partnership with GBGM, and our trivia contests to the multitude of venues and their patrons we now service," said Nicholas Bilotta, Director of NTA.
Trivia Contests represent a thriving industry being played daily online, digitally and live in venues nationwide. Literally thousands of venues, comprising mainly sports bars and restaurants, offer various trivia contest formats for both cash and prizes on a weekly basis.
GBGM also announced that it had redeemed to its treasury 50 million common shares acquired from a shareholder reducing total issued and outstanding shares by 6.3%.
About Global Gaming Network, Inc.(GBGM):
Global Gaming Network, Inc. (GBGM) is a developer, distributor and aggregator of digital entertainment and sports information for online and mobile platforms.
Forward-Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements which are not historical facts are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning its expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.
Contact:
Stephen Kern
President
323-967-7900
All Content and Data provided by Third-Parties — Terms of Use
Global Gaming Network, Inc. Expands Its Fantasy Sports Games Distribution With the Launch of Tune TriviaCompany Redeems 50 Million Shares of Its Common Stock
MARKET WIRE 9:00 AM ET 6/12/2014
Symbol Last Price Change
GBGM 0.0015down +0.0006 (+66.67%)
QUOTES AS OF 12:37:21 PM ET 06/12/2014
LOS ANGELES, CA -- (Marketwired) -- 06/12/14 -- Global Gaming Network, Inc.(GBGM) , www.GlobalGamingNetwork.com, announced today that it had entered the live trivia contests market with its launch of Tune Trivia LLC in partnership with the National Trivia Association ("NTA"
, producer of weekly trivia contests including the very popular "Quiz Show." "We're pleased to partner with NTA, one of the leading developers and providers of live trivia contests to sports bars and restaurants nationwide. This new enterprise will allow GBGM to expand its present operations by providing sports bar customers with our recently introduced fantasy sports games, http://finance.yahoo.com/news/global-gaming-n...00597.html, along with the unique Tune Trivia contest developed by NTA. Tune Trivia LLC's first contract is with the Landshark Bar and Grill in Atlantic City, which is part of the nationwide Margaritaville chain of sports bars," said Stephen Kern, President of GBGM.
"I'm really delighted to partner with GBGM in Tune Trivia LLC. This partnership will assist us in expanding the market for our music trivia contest, now prominent on the East Coast, to the thousands of sports bars and restaurants in California and other Western states. Cross promotion will now be possible between the customized fantasy sports games, in partnership with GBGM, and our trivia contests to the multitude of venues and their patrons we now service," said Nicholas Bilotta, Director of NTA.
Trivia Contests represent a thriving industry being played daily online, digitally and live in venues nationwide. Literally thousands of venues, comprising mainly sports bars and restaurants, offer various trivia contest formats for both cash and prizes on a weekly basis.
GBGM also announced that it had redeemed to its treasury 50 million common shares acquired from a shareholder reducing total issued and outstanding shares by 6.3%.
About Global Gaming Network, Inc.(GBGM):
Global Gaming Network, Inc. (GBGM) is a developer, distributor and aggregator of digital entertainment and sports information for online and mobile platforms.
Forward-Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements which are not historical facts are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning its expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.
Contact:
Stephen Kern
President
323-967-7900
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