NEW YORK, April 29, 2015 (GLOBE NEWSWIRE) -- Empire Global Corp. (OTC:EMGL) announced today that it has filed its Annual Report on Form 10-K for the year ended December 31, 2014 with the U.S. Securities and Exchange Commission.
The report is available on Empire's website at www.emglcorp.com and a printed copy may be requested free of charge by contacting Empire at +1.647.229.0136.
Among other things, the annual report for the year ended December 31, 2014 filed by the Company represents our first audited consolidated financial statements incorporating the results of Multigioco Srl our AAMS licensed online gaming subsidiary based in Italy.
"This report turns an important page in our company history and sets a baseline to move forward with plans to develop our online gaming business in Italy. We have also accomplished additional steps to beginning our consolidation strategy to acquire a number of AAMS licenced gaming operations leading up to the 2016 licence tender in Italy," stated Michele Ciavarella, Chairman and CEO of the Company. "We are pleased with the extensive ground we covered in the later part of 2014 and look forward to increasing margins and improving profitability of smaller operators through building in operating efficiencies. Collectively, these efforts are expected to have a positive impact on stock holder value."
About Empire
Empire Global Corp. is a company focussed on developing world-class products and services in the regulated global online gambling industry with specialization in the online sports betting vertical. Our vision is to develop our business through strategic mergers and acquisitions and reorganization of existing licenced operators in geographically diversified jurisdictions. We seek to create long-term value for our investors and positive economic influence with the companies and the communities we invest in through our commitment to responsible gaming and the clients we serve. Additional information is available on our website at www.emglcorp.com .
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements.
Factors which may cause such differences include the company's ability to complete additional acquisitions, expand our distribution, increase our client base and other risks disclosed in the Company's SEC filings. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information covered in this press release, including such forward-looking statements.
Michele Ciavarella, B.Sc. Chairman and CEO
