VGambling DTC Approval Makes Shares Available for Trade Amongst eSports Investors
ST. MARY’S, ANTIGUA–(Jun 28, 2016) – VGambling Inc. (OTCQB: GMBL) or (the “Company”), a licensed next generation online gambling company focused on the massive and fast growing eSports industry, is pleased to announce the Company has received approval from The Depository Trust Company (the “DTC”) and is now DTC eligible.
DTC eligibility allows for VGambling shares to be easily and economically transferred between brokerage accounts electronically. The DTC is the largest securities depository in the world and acts like a clearinghouse for brokers, providing various services.
This is a very important milestone for the Company as it prepares to launch its eSports wagering platform to fans and participants in Q3 2016. Given the global nature of the eSports industry, VGambling anticipates investment interest from across North America and the world.
“The ability to have GMBL shares electronically transferred between brokerages in the United States is significantly more convenient and reduces the costs incurred in trading shares, thus making it more economical for shareholders, eSports investors and brokers to buy and sell VGambling shares,” said Grant Johnson, Chief Executive Officer of VGambling Inc.
About VGambling Inc.
VGambling Inc. is a next generation online gambling company licensed in Canada. VGambling intends to offer users from around the world the ability to play and wager on multi-player video games and e-Sports events for real money in our licensed and secure environment. VGambling has recently been issued a Client Provider Authorization Permit to conduct real money interactive gaming on a global basis from bases in Canada and Antigua by the Kahnawake Gaming Commission. VGambling has entered into a Betting Gaming Platform Software Agreement with Swiss Interactive Software GmbH to provide wagering platform software. VGambling is led by a team of industry and technical experts from the Internet gambling and video game industries, e-Sports, marketing, legal and financial professionals. VGambling maintains offices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing several play for free websites and the real money wagering website www.vgambling.net. VGambling’s common stock is listed on the OTCQB under the symbol GMBL. For more information please see www.vgambling.net
Chief Executive Officer