Welcome to our dedicated page for Elray Resources news (Ticker: ELRA), a resource for investors and traders seeking the latest updates and insights on Elray Resources stock.
Elray Resources, Inc. (ELRA) delivers innovative blockchain solutions for the global iGaming sector. This news hub provides stakeholders with comprehensive access to corporate developments, strategic initiatives, and technology advancements shaping the crypto casino landscape.
Track official announcements including quarterly financial results, technology licensing agreements, and strategic partnerships with gaming operators. Our repository features updates on platform enhancements, regulatory compliance milestones, and market expansion efforts within the blockchain gaming ecosystem.
Investors and industry professionals will find detailed reports on ELRA's modular gaming architectures, consulting service expansions, and asset optimization strategies. The curated collection enables informed analysis of the company's position in competitive crypto gaming markets.
Bookmark this page for streamlined access to verified ELRA communications. Regularly updated content supports due diligence processes and market trend analysis for all stakeholders in the blockchain entertainment sector.
Elray Resources Inc. (OTCPK:ELRA) has completed the sale of its proprietary crypto iGaming technology to 180 Life Sciences Corp. (NASDAQ:ATNF). As compensation, Elray received preferred stock convertible into a 40% stake in ATNF and warrants to purchase 3 million shares of ATNF common stock, subject to stockholder approval. The technology will be used to launch an iGaming Blockchain casino. According to CTO Vincent Cai, this strategic move aims to enhance Elray's financial position and create new revenue opportunities through market collaborations.
Elray Resources Inc. (OTCPK:ELRA) has signed its first operator, Maxibet Technology N.V., to launch a blockchain casino. This platform, expected to operate globally under the brand name Maxibet, taps into the growing crypto gambling sector, which is forecast to reach $93 billion by 2024. Elray's cofounder, Cathy Feng, expressed confidence in the potential success of Maxibet and its offerings. The announcement also highlighted an exclusive agreement with Golden Matrix Group to provide top-tier gaming content. This marks a significant advancement for Elray as it commercializes its crypto gaming technology.
Elray Resources Inc. (OTCPK: ELRA) has announced the acquisition of Online Casino Crypto Technology from Luxor Capital LLC, which will enable the launch of its Elray Blockchain System (EBS) for crypto gaming operators in the near future. Additionally, Elray secured an Exclusive Distribution Agreement with Golden Matrix Group Inc. (NASDAQ: GMGI) to access all gaming content for crypto operators, enhancing its B2B online crypto casino offerings. The global crypto gambling market is projected to reach $93 billion by 2024, highlighting significant growth potential for Elray.
Elray Resources Inc. (OTCPK: ELRA) has confirmed its official Twitter account amidst false claims from unrelated parties. The verified account can be found at twitter.com/ELRA_Official. The company recently updated its OTC Company Profile to include this information and plans to use the account for future public updates. Founded in 2004, Elray Resources is restructuring to capitalize on opportunities in e-commerce IP.
