Atlantis Gaming Corp. Makes Bold Moves in Real Estate, Embracing a 'Real-Life Monopoly' Strategy
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 (OTC PINK:ATIG) sta intraprendendo un'espansione unica nel settore immobiliare con una strategia di 'Monopoli nella vita reale', guidata dall'esperto immobiliare Herb Strather. AGC ha acquisito i Lahser 6 Apartments (54 unità) a Detroit per 2,2 milioni di dollari e un moderno edificio per uffici di 55.000 piedi quadrati su W. McNichols Rd per 1,8 milioni di dollari. Entrambe le transazioni sono state effettuate tramite uno scambio azionario al 100%, riflettendo l'approccio innovativo di acquisizione degli asset di AGC.
La CEO ad interim Linda I. Bailey ha sottolineato come queste acquisizioni siano in linea con la strategia di diversificazione di AGC. La ripresa di Detroit ha creato un ambiente di investimento molto favorevole, sostenendo le iniziative immobiliari di AGC.
Il team di leadership, con un solido background nei settori del gioco e immobiliare, prevede di integrare promozioni di gioco con lotterie statali e lanciare un operatore di giochi di abilità entro sei mesi. L'azienda mira a completare transazioni immobiliari per un valore di 100 milioni di dollari nei prossimi 60 mesi, puntando a oltre 2 milioni di dollari di profitto dalle acquisizioni recentemente annunciate.
Atlantis Gaming (OTC PINK:ATIG) se embarca en una expansión única en el sector inmobiliario con una estrategia de 'Monopoly en la vida real', liderada por el experto en bienes raíces Herb Strather. AGC ha adquirido los Lahser 6 Apartments (54 unidades) en Detroit por 2.2 millones de dólares y un moderno edificio de oficinas de 55,000 pies cuadrados en W. McNichols Rd por 1.8 millones de dólares. Ambas transacciones se realizan a través de un intercambio de acciones del 100%, reflejando el enfoque innovador de adquisición de activos de AGC.
La CEO interina Linda I. Bailey enfatizó la alineación de estas adquisiciones con la estrategia de diversificación de AGC. La recuperación de Detroit ha creado un entorno de inversión propicio, apoyando las iniciativas inmobiliarias de AGC.
El equipo de liderazgo, con una sólida experiencia en juegos y bienes raíces, planea integrar promociones de juegos con loterías estatales y lanzar un operador de juegos de habilidad en los próximos seis meses. La compañía tiene como objetivo completar transacciones inmobiliarias por un valor de 100 millones de dólares en los próximos 60 meses, buscando más de 2 millones de dólares de ganancias de las adquisiciones recientemente anunciadas.
아틀란티스 게이밍 (OTC PINK:ATIG)는 부동산 전문가 허브 스트라더의 주도로 '현실 속 모노폴리' 전략으로 부동산으로의 독특한 확장에 착수하고 있습니다. AGC는 디트로이트의 라흐세르 6 아파트(54개 유닛)를 220만 달러에, W. 맥니콜스 로드에 있는 55,000평방피트의 현대 사무용 건물을 180만 달러에 인수했습니다. 두 거래 모두 100% 주식 교환을 통해 이루어졌으며, AGC의 혁신적인 자산 인수 접근 방식을 반영합니다.
임시 CEO 린다 I. 베일리는 이러한 인수가 AGC의 다각화 전략과 어떻게 일치하는지를 강조했습니다. 디트로이트의 회복은 투자하기 좋은 환경을 조성하여 AGC의 부동산 사업을 지원하고 있습니다.
게임과 부동산 분야에서 강력한 배경을 가진 리더십 팀은 주 복권과의 게임 프로모션 통합 및 6개월 이내에 기술 게임 운영자를 출범할 계획입니다. 회사는 향후 60개월 동안 1억 달러의 부동산 거래를 완료하고 최근 발표된 인수에서 200만 달러 이상의 이익을 목표로 하고 있습니다.
Atlantis Gaming (OTC PINK:ATIG) s'engage dans une expansion unique dans l'immobilier avec une stratégie de 'Monopoly dans la vie réelle', dirigée par l'expert en immobilier Herb Strather. AGC a acquis les Lahser 6 Apartments (54 unités) à Detroit pour 2,2 millions de dollars et un immeuble de bureaux moderne de 55 000 pieds carrés sur W. McNichols Rd pour 1,8 million de dollars. Les deux transactions se sont faites par un échange d'actions à 100 %, reflétant l'approche innovante d'acquisition des actifs d'AGC.
La PDG par intérim Linda I. Bailey a souligné l'alignement de ces acquisitions avec la stratégie de diversification d'AGC. La reprise de Detroit a créé un environnement d'investissement favorable, soutenant les initiatives immobilières d'AGC.
L'équipe de direction, avec une solide expérience dans les secteurs du jeu et de l'immobilier, prévoit d'intégrer des promotions de jeu avec des loteries d'État et de lancer un opérateur de jeux d'habileté dans les six mois. L'entreprise vise à réaliser 100 millions de dollars de transactions immobilières au cours des 60 prochains mois, visant plus de 2 millions de dollars de profits des acquisitions récemment annoncées.
Atlantis Gaming (OTC PINK:ATIG) startet mit einer 'Real-Life Monopoly'-Strategie, die von dem Immobilienexperten Herb Strather geleitet wird, eine einzigartige Expansion in den Immobiliensektor. AGC hat die Lahser 6 Apartments (54 Einheiten) in Detroit für 2,2 Millionen Dollar und ein modernes Bürogebäude mit 55.000 Quadratfuß auf der W. McNichols Rd für 1,8 Millionen Dollar erworben. Beide Transaktionen wurden über einen 100%igen Aktientausch durchgeführt, was AGCs innovativen Ansatz zur Vermögensakquisition widerspiegelt.
Die amtierende CEO Linda I. Bailey betonte die Übereinstimmung dieser Akquisitionen mit AGCs Diversifizierungsstrategie. Die Erholung Detroits hat ein günstiges Investitionsumfeld geschaffen, das AGCs Immobilienvorhaben unterstützt.
Das Führungsteam mit starkem Hintergrund im Gaming- und Immobilienbereich plant, Gaming-Promotions mit staatlichen Lotterien zu integrieren und innerhalb von sechs Monaten einen Betreiber für Geschicklichkeitsspiele zu starten. Das Unternehmen strebt an, in den nächsten 60 Monaten Immobilienkäufe im Wert von 100 Millionen Dollar abzuschließen und mehr als 2 Millionen Dollar Gewinn aus den kürzlich angekündigten Akquisitionen zu erzielen.
- Acquisition of 54-unit Lahser 6 Apartments and a 55,000 SF office building for $4 million through a 100% stock swap.
- Detroit's recovery fosters a favorable investment environment.
- Plans to complete $100 million in real estate transactions over the next 60 months.
- Target profit of over $2 million from the two announced transactions.
- High reliance on stock swaps for asset acquisition, potentially diluting existing shareholders.
DETROIT, MI / ACCESSWIRE / August 29, 2024 / Atlantis Gaming Corporation (AGC/ATLANTIS)(OTC PINK:ATIG) is shaking up the gaming industry with a unique "Real-Life Monopoly" acquisition strategy, spearheaded by real estate veteran Herb Strather.
Strather, whose impressive career boasts over
Both transactions, valued at
These acquisitions mark a pivotal moment under the leadership of Acting CEO Linda I. Bailey, who is committed to driving AGC's growth following the passing of her husband and former chairman, Donald L. Bailey.
"With over two decades of executive experience with the Atlantis Companies, I am dedicated to realizing the AGC Board's vision through strategic resource allocation and financial growth," said Mrs. Bailey. "This real estate acquisition perfectly aligns with our diversification and asset portfolio enhancement strategy."
The initial transaction involved a stock-for-assets swap with the Grenadier Family, prominent real estate holders in southeast Michigan, and their brokerage firm, Strather Associates.
Detroit's Resurgence Fuels Investment
Detroit's remarkable recovery from its historic bankruptcy has positioned the city as a prime investment hub, attracting global attention. The city's investment-grade credit rating and renewed investor confidence create a fertile ground for AGC's expansion.
Gaming Expertise Meets Real Estate Prowess
AGC's leadership team brings a proven track record in gaming and real estate development. The developers previously created and sold the Motor City Casino for
Leveraging this expertise, Atlantis plans to use scratch-off tickets and promotions with state and provincial lotteries, featuring retired athletes, musicians, and celebrities in strategic marketing campaigns.
Additionally, the company is preparing to launch a skill-gaming operator within the next six months, capitalizing on the growing trend of competitive gaming.
Ambitious Growth Plans
This partnership aims to complete
AGC intends to significantly expand its asset base through acquisitions and financing, targeting a profit of over
This focus on real estate acquisitions will ensure stability and cash flow while AGC explores new gaming opportunities, marking an exciting new chapter for the company.
About Atlantis Gaming Corporation
Atlantis Gaming Corporation is a dynamic gaming company embracing a "Real-Life Monopoly" strategy to acquire and grow its asset portfolio. With a focus on real estate and innovative gaming ventures, AGC is poised for significant expansion in the coming years.
Contact:
Herb Strather herberts@atlantisgamingcorporation.com PH: 313.444.9691
Linda I. Bailey lindab@atlantisgamingcorporation.com PH: 702.818.1052
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SOURCE: Atlantis Internet Group Corp.
View the original press release on accesswire.com
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