BETS, News and DD: 4th Qtr. runner. Much set to ha
Post# of 1001
Posted On: 09/07/2016 4:37:50 PM
BETS, News and DD: 4th Qtr. runner. Much set to happen soon.
Per company, cash flow positive in the 4th Qtr, and notes to be a things of the past. Huge potential with multi penny possibilities!
Worth some attention or a serious read and decide IMO..
HUNTINGTON, NY--(Marketwired - Aug 31, 2016) - SeanieMac International ( OTC PINK : BETS ) today announced a strategic partnership with Dev Clever, the award winning digital innovation and marketing agency behind global household brands such as Nescafé, Pepsi, Honda and Bentley. Providing our clients with truly innovative digital platforms and consumer engagement applications that not only make their customers standout, but also get noticed.
Over the past few years, Dev Clever has impacted the E-Gaming sector and produced leading marketing platforms for European leaders such as William Hill, Bet Victor and Corals to name a few. Providing real consumer engagement that stems from innovation and ultimately leads to higher levels of player conversions, Dev Clever has carved a name for themselves in this highly competitive market as digital leaders.
Managing Director of Dev Clever, Chris Jeffries said, "Both myself and the team at Dev Clever are more than excited about working in partnership with SeanieMac on reintroducing this terrific brand in to the sector, not only in Ireland and the UK but also throughout Europe. We feel the forwarded management team coupled with our sector leading innovative approach is the perfect recipe for success and we are confident that Seanie Mac together with Dev Clever will establish a brand that is the benchmark for consumer experience in the e-gaming space."
SeanieMac International Ltd (OTCMKTS:BETS) has set September 16, as the launch date for its new online sports-book and casino platform. The company stated that everything was going according to plan and it was on target to meet the mid-September deadline. In addition to this, BETS has also been busy maintaining its strong relationships, with the British Jockey Club. The company is scheduled to sponsor approximately five race meetings, across the UK, in August.
The COO of BETS, Garreth Core, expressed his delight at the announcement and stated that the company had been working hard with Optima, to meet its goals. He also revealed that the website would also host a number of features, to enhance user experience. Mr. Core went on to conclude that the company would be announcing new partnerships for the platform, very soon.
It should be noted here that work on the platform had only recently begun, when the company engaged Optima for the setup of the multichannel gaming suite platform, on July 26. The engagement includes mobile and web products at the forefront and a MarginMaker 2 system. Initially it had been announced that trading would commence in August.
The first of the series of meetings in UK was held on August 4, at Haydock Park. The meeting has been sponsored by the Apollo Bet brand of the company. Leon Hosking, the head of sports-book and trading for the brand, stated that these meetings were vital to SeanieMac’s brand awareness. He went on to point out that this was done through televised coverage of these meetings, across racing channels. Mr. Hosking claimed that this was part of the company’s strategy for the year. He revealed that higher gross profits would mean paying down of the credit facility of BETS and retiring of the company’s convertible debt.
LONDON, UNITED KINGDOM -- (Marketwired) -- 07/26/16 -- SeanieMac International, Ltd. (OTC PINK: BETS), the UK & Ireland online sports betting and e-gaming operator, has reached an agreement with software development firm OPTIMA for the setup of a new Multichannel Gaming Suite Platform. This deal includes Margin Maker 2 system and the establishment of new web, mobile front end products. Trading is targeted to begin in August.
Shane O'Driscoll, CEO, SeanieMac, said: "The significance of moving from a white-label led operation to licensing our own software is a massive leap forward in our business development and growth strategy. Having our own software licensed from an industry leader allows us to have full control over our own destiny. This now places us firmly in the 'driver's seat' and further accelerates our plans of becoming a premier online bookmaker and industry leader. This sizeable investment in our business infrastructure underscores our commitment for future growth."
Garreth Core, COO, SeanieMac, stated: "We are delighted to announce our new partnership with one of the world's leading sports betting and gaming platform software suppliers, OPTIMA. This is a major corporate development for our business and highlights our strategy to become an industry leader. For SeanieMac, the agreement allows us full flexibility over our business and enables us to offer our customers more value, more opportunities, a superb desktop and mobile user experience."
Jacob Curciel, CEO and founder of Optima, concluded: "We are very excited to have the opportunity to work with SeanieMac for the development of a dedicated full OPTIMA sports betting and e-gaming multichannel suite. Passion and know-how for the sports betting and gaming business is a must-have to be a market leader. SeanieMac's team has demonstrated they score very high on these values.
"At Optima, through the delivery of a turn-key platform, we will ensure our partner has the technology and products to achieve their objective of leading the market while delivering the best and most enjoyable customer experience across all channels."
HUNTINGTON, NY -- (Marketwired) -- 07/20/16 -- SeanieMac International, Ltd. (OTC PINK: BETS)
As part of the 2016 strategy to move to better financing terms, SeanieMac International announced that after a several week screening process that began on April 7th they had accepted a term sheet for a $7.5 million in revolving credit.
500k of this facility will be made available and drawn down right away and the balance is based on a ratio of the Company's revenues. The term sheet proposed provides that secured line is repaid with 20% of the Company's monthly revenues until retired. Closing on the facility is subject to final due diligence, legal documentation, and normal closing conditions.
SeanieMac President Shane O'Driscoll stated, "We are hoping to close the transaction by mid August to coincide with the targeted launch date of our new platform.
"The size of the line is in place to support further acquisitions if needed. We will continue to seek to improve our cost of capital as the Company continues to hit milestones. The ability to replace 100% equity lines with debt that can be repaid through revenues reflects the next step in the company's evolution."
HUNTINGTON, NY -- (Marketwired) -- 07/06/16 -- SeanieMac International Ltd. (OTC PINK: BETS) announced today, that after an impressive May with booked revenue in excess of $1.2 million, SeanieMac continues to see record results in its sportsbook and casino revenues (turnover) for the month ended June 30, 2016.
Total Revenue for June 2016 was $5,045,000, an increase of over 300% from the prior month. Preliminary 2nd Quarter revenues were $7,370,000 versus $2,656,000 for the 1st Quarter 2016. This reflects an increase of over 270% in Quarter over Quarter revenues.
Gross profit for June 2016 was approximately $200,000.
SeanieMac CEO Shane O'Driscoll stated, "We continue to make outstanding progress with our sportsbook and casino properties. We are driving the business forward and look forward to our upcoming launch."
HUNTINGTON, NY -- (Marketwired) -- 05/11/16 -- SeanieMac UK (OTC PINK: BETS) announces over $3.2 million in sports bets revenue taken in its newly combined Sportsbook operation. These considerable results do not include casino games or reflect the higher margins the company anticipates with the launch of its advanced new platform this summer.
In addition, we were pleased to welcome over 8300 new registered customers on the site since the combined operations began. The 1600% increase in new members reflects the company's substantial investment in targeted marketing and promotion geared toward building a greater and more substantial customer base. The budget utilized of over 500k in the first quarter on bet promotions, sponsorships, specials and direct marketing has been proving to be a great success.
Per company, cash flow positive in the 4th Qtr, and notes to be a things of the past. Huge potential with multi penny possibilities!
Worth some attention or a serious read and decide IMO..
HUNTINGTON, NY--(Marketwired - Aug 31, 2016) - SeanieMac International ( OTC PINK : BETS ) today announced a strategic partnership with Dev Clever, the award winning digital innovation and marketing agency behind global household brands such as Nescafé, Pepsi, Honda and Bentley. Providing our clients with truly innovative digital platforms and consumer engagement applications that not only make their customers standout, but also get noticed.
Over the past few years, Dev Clever has impacted the E-Gaming sector and produced leading marketing platforms for European leaders such as William Hill, Bet Victor and Corals to name a few. Providing real consumer engagement that stems from innovation and ultimately leads to higher levels of player conversions, Dev Clever has carved a name for themselves in this highly competitive market as digital leaders.
Managing Director of Dev Clever, Chris Jeffries said, "Both myself and the team at Dev Clever are more than excited about working in partnership with SeanieMac on reintroducing this terrific brand in to the sector, not only in Ireland and the UK but also throughout Europe. We feel the forwarded management team coupled with our sector leading innovative approach is the perfect recipe for success and we are confident that Seanie Mac together with Dev Clever will establish a brand that is the benchmark for consumer experience in the e-gaming space."
SeanieMac International Ltd (OTCMKTS:BETS) has set September 16, as the launch date for its new online sports-book and casino platform. The company stated that everything was going according to plan and it was on target to meet the mid-September deadline. In addition to this, BETS has also been busy maintaining its strong relationships, with the British Jockey Club. The company is scheduled to sponsor approximately five race meetings, across the UK, in August.
The COO of BETS, Garreth Core, expressed his delight at the announcement and stated that the company had been working hard with Optima, to meet its goals. He also revealed that the website would also host a number of features, to enhance user experience. Mr. Core went on to conclude that the company would be announcing new partnerships for the platform, very soon.
It should be noted here that work on the platform had only recently begun, when the company engaged Optima for the setup of the multichannel gaming suite platform, on July 26. The engagement includes mobile and web products at the forefront and a MarginMaker 2 system. Initially it had been announced that trading would commence in August.
The first of the series of meetings in UK was held on August 4, at Haydock Park. The meeting has been sponsored by the Apollo Bet brand of the company. Leon Hosking, the head of sports-book and trading for the brand, stated that these meetings were vital to SeanieMac’s brand awareness. He went on to point out that this was done through televised coverage of these meetings, across racing channels. Mr. Hosking claimed that this was part of the company’s strategy for the year. He revealed that higher gross profits would mean paying down of the credit facility of BETS and retiring of the company’s convertible debt.
LONDON, UNITED KINGDOM -- (Marketwired) -- 07/26/16 -- SeanieMac International, Ltd. (OTC PINK: BETS), the UK & Ireland online sports betting and e-gaming operator, has reached an agreement with software development firm OPTIMA for the setup of a new Multichannel Gaming Suite Platform. This deal includes Margin Maker 2 system and the establishment of new web, mobile front end products. Trading is targeted to begin in August.
Shane O'Driscoll, CEO, SeanieMac, said: "The significance of moving from a white-label led operation to licensing our own software is a massive leap forward in our business development and growth strategy. Having our own software licensed from an industry leader allows us to have full control over our own destiny. This now places us firmly in the 'driver's seat' and further accelerates our plans of becoming a premier online bookmaker and industry leader. This sizeable investment in our business infrastructure underscores our commitment for future growth."
Garreth Core, COO, SeanieMac, stated: "We are delighted to announce our new partnership with one of the world's leading sports betting and gaming platform software suppliers, OPTIMA. This is a major corporate development for our business and highlights our strategy to become an industry leader. For SeanieMac, the agreement allows us full flexibility over our business and enables us to offer our customers more value, more opportunities, a superb desktop and mobile user experience."
Jacob Curciel, CEO and founder of Optima, concluded: "We are very excited to have the opportunity to work with SeanieMac for the development of a dedicated full OPTIMA sports betting and e-gaming multichannel suite. Passion and know-how for the sports betting and gaming business is a must-have to be a market leader. SeanieMac's team has demonstrated they score very high on these values.
"At Optima, through the delivery of a turn-key platform, we will ensure our partner has the technology and products to achieve their objective of leading the market while delivering the best and most enjoyable customer experience across all channels."
HUNTINGTON, NY -- (Marketwired) -- 07/20/16 -- SeanieMac International, Ltd. (OTC PINK: BETS)
As part of the 2016 strategy to move to better financing terms, SeanieMac International announced that after a several week screening process that began on April 7th they had accepted a term sheet for a $7.5 million in revolving credit.
500k of this facility will be made available and drawn down right away and the balance is based on a ratio of the Company's revenues. The term sheet proposed provides that secured line is repaid with 20% of the Company's monthly revenues until retired. Closing on the facility is subject to final due diligence, legal documentation, and normal closing conditions.
SeanieMac President Shane O'Driscoll stated, "We are hoping to close the transaction by mid August to coincide with the targeted launch date of our new platform.
"The size of the line is in place to support further acquisitions if needed. We will continue to seek to improve our cost of capital as the Company continues to hit milestones. The ability to replace 100% equity lines with debt that can be repaid through revenues reflects the next step in the company's evolution."
HUNTINGTON, NY -- (Marketwired) -- 07/06/16 -- SeanieMac International Ltd. (OTC PINK: BETS) announced today, that after an impressive May with booked revenue in excess of $1.2 million, SeanieMac continues to see record results in its sportsbook and casino revenues (turnover) for the month ended June 30, 2016.
Total Revenue for June 2016 was $5,045,000, an increase of over 300% from the prior month. Preliminary 2nd Quarter revenues were $7,370,000 versus $2,656,000 for the 1st Quarter 2016. This reflects an increase of over 270% in Quarter over Quarter revenues.
Gross profit for June 2016 was approximately $200,000.
SeanieMac CEO Shane O'Driscoll stated, "We continue to make outstanding progress with our sportsbook and casino properties. We are driving the business forward and look forward to our upcoming launch."
HUNTINGTON, NY -- (Marketwired) -- 05/11/16 -- SeanieMac UK (OTC PINK: BETS) announces over $3.2 million in sports bets revenue taken in its newly combined Sportsbook operation. These considerable results do not include casino games or reflect the higher margins the company anticipates with the launch of its advanced new platform this summer.
In addition, we were pleased to welcome over 8300 new registered customers on the site since the combined operations began. The 1600% increase in new members reflects the company's substantial investment in targeted marketing and promotion geared toward building a greater and more substantial customer base. The budget utilized of over 500k in the first quarter on bet promotions, sponsorships, specials and direct marketing has been proving to be a great success.
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