SOURCE: Global Gaming Network, Inc.

November 21, 2013 09:00 ET

Global Gaming Network, Inc. Announces Software Provider/Financing Agreement With Atlantic City Fantasy Sports

Relationship Provides Company With the Opportunity to Enter the Online Gaming Industry in 2014

LOS ANGELES, CA--(Marketwired - Nov 21, 2013) - Global Gaming Network, Inc. (PINKSHEETS: GBGM), www.GlobalGamingNetwork.net, announced today that it had entered into an agreement with Atlantic City Fantasy Sports LLC ( "ACFS") (www.ACFantasySports.com), a provider of customized fantasy games software to casinos and sports bars throughout the United States. Under the agreement, GBGM has the opportunity to provide ACFS with customized fantasy league software that will be offered to various casinos and sports bars that can be accessed via smartphone, tablet, kiosks or on touch screen tables.

"We're pleased to partner with ACFS, the forerunner to be the first to provide fantasy league software to the incipient online gaming industry now being implemented in Atlantic City, Las Vegas and elsewhere in the country. This arrangement will not only allow us the opportunity to be the software provider for ACFS, but a financing partner to assist in its plans to grow nationwide," said Stephen Kern, President of GBGM.

"I'm really delighted to partner with GBGM in our plan to provide casinos and sports bars nationwide with the finest fantasy games software available. ACFS endeavors to make the Atlantic City area the 'fantasy sports' capital of the U.S., the place to play fantasy games in the casinos or elsewhere online. ACFS is now in discussions with several of the Atlantic City casinos to provide them with customized fantasy league software for promotional purposes," said Andrew Weilgus, Director of ACFS.

About Global Gaming Network, Inc.:
Global Gaming Network, Inc. is a developer, distributor and aggregator of digital entertainment and sports information for online and mobile platforms.

Forward-Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning its expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.

Contact Information

  • Contact:

    Stephen Kern
    President
    323-967-7900