St. Johns, Antigua – (December 3, 2014) – VGambling Inc. (“VGambling” or the “Company”), OTC: GMBL, a next generation Internet gambling company, is pleased to announce that the Company has recently been approved as online merchant by Paypal Pte Ltd., a leader in the online financial transaction processing industry.
Grant Johnson, CEO of VGambling stated, “We are very pleased that Paypal has approved VGambling as an authorized merchant for our real money wagering services. Paypal is recognized as a leading online payment processor around the world and their services will be of great value to our players as we move forward with our rollout.”
About PayPal Pte Ltd
At PayPal, we put people at the center of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution, processing almost 10 million payments for our customers per day. PayPal gives people better ways to connect to their money and to each other, helping them send money without sharing financial information and with the flexibility to pay using their PayPal account balances, bank accounts, PayPal Credit and credit cards. With our 157 million active digital wallets, we have created an open and secure payments ecosystem people and businesses choose to securely transact with each other online, in stores and on mobile devices. PayPal is a truly global payments platform that is available to people in 203 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies. PayPal is an eBay Inc. (Nasdaq: EBAY) company. More information about PayPal can be found at www.paypal.com
About VGambling Inc.
VGambling Inc. is a next generation Internet gambling company. VGambling intends to offer users from around the world the ability to play and wager on multi-player video games and eSports events for real money in our licensed and secure environment. VGambling has applied for a Client Provider Authorization permit to conduct real money interactive gaming with the Kahnawake Gaming Commission in Canada. VGambling has entered into a Betting Gaming Platform Software Agreement with Swiss Interactive Software GmbH to provide wagering platform software, and the Company has recently entered into an agreement with CAMS, LLC to provide global electronic payment and risk management solutions. VGambling is led by a team of industry and technical experts from the Internet gambling and video game industries, network systems, software development and licensing, marketing, legal and financial professionals. VGambling maintains offices in St. Johns, Antigua and Barbuda, West Indies. VGambling is currently developing the play for free website www.vgambling.net and the real money wagering website www.vgambling.bet
Contact: Grant Johnson, Chief Executive Officer at 1-905-580-2978 or [email protected]