eQube Gaming Limited
TSX VENTURE : EQG

eQube Gaming Limited

August 07, 2015 11:46 ET

eQube Gaming Limited Appoints Douglas Osrow as Director

EDMONTON, ALBERTA--(Marketwired - Aug. 7, 2015) -

NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRE SERVICES

eQube Gaming Limited (TSX VENTURE:EQG) ("eQube" or the "Company") announced today that Douglas Osrow has been appointed to the Company's Board of Directors. Mr. Osrow has been serving as an advisor to eQube's Board of Directors since October 30, 2014.

Mr. Osrow is the Chief Financial Officer of Remark Media, Inc. ("Remark"). Remark is a global digital media company focusing on the 18-year-old to 34-year-old. Remark owns and operates digital media properties, such as websites and applications for mobile devices, that provide unique dynamic media experiences in multiple content verticals. Prior to this, Mr. Osrow served as the Chief Financial Officer of Paragon Gaming Corporation, where he was responsible for re-financing several of the properties and negotiating buy-outs and partnerships. Previously, he worked as a Vice-President in the investment banking division of Citadel Securities, covering real estate, lodging and gaming companies, and as a Senior Analyst at Hawkeye Capital Management. Mr. Osrow began his investment banking career as an Associate at Citigroup Global Markets in the real estate and lodging group and served as the Assistant to the President at Ziff Brothers Investments. Mr. Osrow has an extensive background in capital markets, deal execution, valuations, research and a network of corporate relationships in the real estate, gaming and lodging sector. Mr. Osrow earned an undergraduate degree from Northwestern University and an MBA from The Kellogg School of Management.

"Doug is a great addition to our Board," commented eQube's CEO and Director Kent Tong. "He brings valuable gaming expertise combined with capital market experience to our Board."

About eQube Gaming Limited ("eQube"):

eQube is a leading provider of community and charitable gaming solutions for charitable and commercial gaming facilities. eQube has a majority market share of the Canadian regulated eBingo market, is the leading provider to the Irish digital bingo market and now operates the largest linked bingo game in Western Canada. Current solutions, consisting of community eBingo, linked bingo, social games and ancillary systems, are deployed in North America and Europe. eQube's open platform suite of tools provides customers with new revenue channels to deliver and enhance traditional bingo income for lottery, tribal and other gaming organizations.

eQube has been offering its charitable gaming solutions to provincial gaming authorities and private industry since its incorporation under the Business Corporations Act (Alberta) in 1999. Its registered and head office is in Edmonton, Alberta. eQube is listed on the TSX Venture Exchange under the symbol EQG. For more information visit: www.eqube.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • eQube Gaming Ltd.
    Danielle Thorkelsson, CPA CA
    Chief Financial Officer
    1-780-414-8890 ext. 225
    dthorkelsson@eqube.com