SOURCE: Elray Resources, Inc.

May 23, 2011 08:30 ET

Elray Gaming Announces Investor Conference Call Thursday, May 26th at 9am EDT

NEW YORK, NY--(Marketwire - May 23, 2011) - Elray Resources, Inc. (OTCBB: ELRA), through its subsidiary Elray Gaming, has scheduled an investor conference call to discuss recent events, current state and future of the online gaming industry and further guidance on their online gaming operations.

Conference Call Details:

Date: Thursday, May 26, 2011
Time: 9:00 a.m. (EDT)
Dial-in Number: (712) 432-0900
Passcode: 319620

It is recommended that participants phone-in approximately 5 to 10 minutes prior to the start of the 9:00 a.m. call.

Following the event, a replay of the conference call will be available by calling (712) 432-0990, and entering pass code 319620

About Elray Gaming

Elray is an established Global Online Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Operations are headquartered in Curacao, Netherland Antilles and maintain offices, representatives and support facilities in the United States, United Kingdom, Australia, South Africa, Mauritius, Israel and the Philippines. Elray's business model is to offer Internet Gaming Products to non-US players in jurisdictions where online gaming is permitted. www.elraygaming.com

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

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