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Concrete Leveling Systems Inc (OTC PINK: CLEV) is a diversified company with a significant focus on the casino gaming and hospitality industries through its subsidiary, Jericho Associates Inc. Formed through a strategic collaboration in March of 2017, Jericho has rapidly positioned itself as a developer and operator of both commercial and Tribal Government casinos. The company provides comprehensive services, including regulatory, architectural, financing development, and operational assistance to viable projects.
One of Jericho’s major projects is a potential acquisition in California, poised to become one of the largest and most successful casinos in the state, pending the finalization of major governmental regulatory requirements. To meet its financing needs, Jericho utilizes the expertise of a seasoned banker with over 40 years of experience who has successfully raised over $15 billion in capital for the casino gaming industry.
Moreover, Jericho collaborates with Tribal Gaming Solutions (TGS) to offer specialized consultation for tribal casino gaming projects. This partnership leverages TGS's extensive experience since 1995, covering regulatory, master planning, environmental, financing, development, and operational aspects for tribal gaming clients in Washington State, Kansas, and California.
Currently, Jericho is embarking on a commercial gaming project which includes developing a casino with a full-service restaurant and resort-type entertainment within a comprehensive resort community. This community will feature condominiums, homes, a golf course, tennis courts, and water sports facilities, with Jericho overseeing the development and operation of the casino and amenities.
Jericho Associates Inc comprises a team of highly skilled and experienced professionals with over 100 years of combined expertise in casino matters including financing, development, and operation. This positions the company uniquely for both short and long-term growth, enhancing shareholder value through a strong project pipeline and strategic pursuits.
Concrete Leveling Systems Inc., along with Jericho, extends gratitude to its shareholders for their ongoing support and looks forward to providing further updates soon.
Concrete Leveling Systems Inc (OTC PINK:CLEV) provides an update on its hospitality and gaming division, Jericho Associates. Jericho is exploring three significant acquisition projects in the casino and hospitality sectors. Notably, a Nevada-based casino-hotel project with an estimated budget of $80 million is in development. Additionally, a $600 million Tribal project is pending regulatory approval. Jericho has appointed Ray Brown and Rudy Prieto to its Board of Directors, bringing extensive industry experience. These initiatives aim to enhance shareholder value and strengthen the company's market position.
Clevon, a global autonomous delivery innovator, successfully executed its first U.S. autonomous delivery using the CLEVON 1 robot at the AllianceTexas Mobility Innovation Zone in Fort Worth, Texas. This milestone occurs shortly after Clevon established its U.S. headquarters at the site. The delivery involved transporting gourmet meals from O'Neill's Inflight Catering, showcasing the potential of autonomous last-mile solutions, which are increasingly in demand. Clevon aims to make deliveries more energy-efficient and cost-effective while logging over 12,000 miles of autonomous operations abroad.
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