Welcome to our dedicated page for ATLANTIS GAMING ORD news (Ticker: ATIG), a resource for investors and traders seeking the latest updates and insights on ATLANTIS GAMING ORD stock.
ATLANTIS GAMING ORD (ATIG) merges casino operations with innovative real estate strategies through its distinctive "Real-Life Monopoly" model. This page serves as the definitive source for tracking the company's latest developments, asset acquisitions, and market positioning efforts.
Investors and industry observers will find curated press releases detailing earnings reports, property portfolio expansions, and strategic partnerships. Our collection spans operational updates from both gaming divisions – including lottery promotions and skill-based gaming initiatives – and real estate transactions executed through stock-for-asset swaps.
Key content includes announcements about Detroit market expansions, leadership changes affecting acquisition strategies, and regulatory developments impacting casino operations. All materials are sourced directly from company filings and official communications to ensure accuracy.
Bookmark this page to monitor how ATIG continues balancing high-energy gaming ventures with long-term asset stabilization – a dual approach reshaping industry standards for diversified entertainment enterprises.
Atlantis Gaming (OTC PINK:ATIG) has achieved its first-ever profit of $10,616 within 90 days of acquiring Lahser 6 Apartments in Detroit. This milestone follows AGC's strategic acquisition of the 54-unit property through an equity swap of 75M shares for 100% equity, unlocking over $1 million in developable equity.
AGC plans to expand its real estate portfolio with 1-2 additional assets by year-end. The company has already fully leased 42 units of Lahser 6 Apartments and listed its 22009 W. McNichols property for $400,000 to generate liquidity. AGC's leadership projects an increase in share value from its current price to between $0.02 and $0.10 over the next year.
The company is also exploring opportunities in gaming-related real estate ventures and STEAM Centers, focusing on both financial returns and social impact in urban communities.
Atlantis Gaming (OTC PINK:ATIG) is embarking on a unique expansion into real estate with a 'Real-Life Monopoly' strategy, led by real estate expert Herb Strather. AGC has acquired the Lahser 6 Apartments (54 units) in Detroit for $2.2 million and a 55,000 SF modern office building on W. McNichols Rd for $1.8 million. Both transactions are conducted via a 100% stock swap, reflecting AGC's innovative asset acquisition approach.
Acting CEO Linda I. Bailey emphasized the alignment of these acquisitions with AGC's diversification strategy. Detroit's recovery has created a ripe investment environment, supporting AGC's real estate ventures.
The leadership team, with a strong gaming and real estate background, plans to integrate gaming promotions with state lotteries and launch a skill-gaming operator within six months. The company aims to complete $100 million in real estate transactions in the next 60 months, targeting over $2 million profit from the recently announced acquisitions.
Atlantis Gaming Corporation (OTC PINK: ATIG) reviews its 2021 accomplishments and outlines strategic initiatives for 2022. Key milestones included regaining Pink-current status with OTC Markets, renaming to Atlantis Gaming Corporation, and announcing a merger of assets with Atlantis & Partners LLC, which includes the Kenner Laketown Project. Upcoming initiatives include sports book license applications and launching daily fantasy sports.
