SOURCE: SeanieMac International, Ltd.
March 29, 2017 09:30 ET
HUNTINGTON, NY--(Marketwired - Mar 29, 2017) - SeanieMac International, Ltd. (OTC PINK: BETS) announced preliminary results for their 4th quarter. For the 4th quarter turnover revenue was in excess of $3.3 million and gross profit was in excess of $250,000 (US). We reinvested all of our gross profit into acquitting additional customers to our platform. Turnover revenue in the first quarter is projected to grow to $6.7 million. With continued access to funding we believe we can sustain this growth into the 2nd quarter.
SeanieMac Limited is an Irish gaming company. It owns and operates "www.SeanieMac.com", an online sports and casino wagering web-based platform serving gamblers directly under the brand name SeanieMac.com.
Safe Harbor Statement
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of SeanieMac International, Ltd. and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements regarding our expectations regarding amounts staked and gross profits and our marketing initiatives. Such risks and uncertainties include, among other things, the uncertainty regarding consumer preferences, a decline in the popularity of our website and competition in the online gambling industry. SeanieMac assumes no obligation and does not intend to update these forward-looking statements.
A further description of risks and uncertainties can be found in SeanieMac International, Ltd.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and in its reports on Form 10-Q and Form 8-K.
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