Gaming Nation Inc. Announces Cancellation of Stock Options

TORONTO, ON--(Marketwired - July 29, 2016) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Gaming Nation Inc. (the "Corporation" or "Gaming Nation") (TSX VENTURE: FAN) announces that it has cancelled today a total of 832,500 incentive stock options ("Options"), granted under the Corporation's stock option plan to certain officers and directors of the Corporation. The cancelled Options were voluntarily surrendered by the holders thereof for no consideration. The cancelled options were originally granted on June 9, 2015 and July 12, 2015 with an exercise price of $2.50 per common share.

Following the cancellation of the Options, the Corporation has 1,965,681 Options outstanding.

About Gaming Nation Inc.

Gaming Nation Inc. (TSX VENTURE: FAN) provides technology and information platforms to the sports and entertainment industry. The Corporation's platforms include 5050 Central, an electronic real-time raffle system, daily fantasy games through Fantasy Feud and sports information websites Fantasy Guru and Pick Nation.

For more information, visit www.gamingnationinc.com

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