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Greenlite Ventures Completes Acquisition of Grin Gaming, Accelerating AI-Driven Sports Betting Solutions

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Greenlite Ventures, Inc. (OTC PINK:GRNL) has successfully completed the acquisition of Grin Gaming (GRIN), a strategic move aimed at disrupting the sports betting industry through AI-driven innovation. The acquisition provides GRNL with access to Grin Gaming's AI-powered tools, including in-game platforms and player prop pricing engines, which have generated over $5 million in revenue over the past three years.

GRNL plans to fully integrate Grin Gaming's backend in-play data platform and consumer-facing platforms ahead of a planned Super Bowl marketing campaign. The acquisition also brings in Grin Gaming's expertise in proprietary language processing systems for chatbots and voice-activated software, enhancing user experience on GRNL's betting platforms.

Rafael Groswirt, CEO of Greenlite Ventures, expressed confidence that the combined technologies will set a new standard for sports betting systems and enable the company to capitalize on the evolving sports betting landscape.

Greenlite Ventures, Inc. (OTC PINK:GRNL) ha dovuto completare con successo l'acquisizione di Grin Gaming (GRIN), una mossa strategica mirata a rivoluzionare l'industria delle scommesse sportive attraverso innovazioni basate sull'AI. L'acquisizione fornisce a GRNL accesso agli strumenti alimentati dall'AI di Grin Gaming, incluse le piattaforme in-game e i motori di pricing dei giocatori, che hanno generato oltre 5 milioni di dollari di entrate negli ultimi tre anni.

GRNL prevede di integrare completamente la piattaforma di dati in-play di backend di Grin Gaming e le piattaforme rivolte ai consumatori in vista di una campagna di marketing pianificata per il Super Bowl. L'acquisizione porta anche l'expertise di Grin Gaming nei sistemi di elaborazione del linguaggio proprietari per chatbot e software attivati vocalmente, migliorando l'esperienza utente sulle piattaforme di scommesse di GRNL.

Rafael Groswirt, CEO di Greenlite Ventures, ha espresso fiducia che le tecnologie combinate stabiliranno un nuovo standard per i sistemi di scommesse sportive e permetteranno all'azienda di capitalizzare sull'evoluzione del panorama delle scommesse sportive.

Greenlite Ventures, Inc. (OTC PINK:GRNL) ha completado con éxito la adquisición de Grin Gaming (GRIN), un movimiento estratégico con el objetivo de revolucionar la industria de las apuestas deportivas mediante la innovación impulsada por la IA. La adquisición proporciona a GRNL acceso a las herramientas impulsadas por IA de Grin Gaming, que incluyen plataformas en juego y motores de fijación de precios para jugadores, las cuales han generado más de 5 millones de dólares en ingresos durante los últimos tres años.

GRNL planea integrar completamente la plataforma de datos en juego y las plataformas orientadas al consumidor de Grin Gaming antes de una campaña de marketing planificada para el Super Bowl. La adquisición también aporta la experiencia de Grin Gaming en sistemas de procesamiento de lenguaje propietario para chatbots y software activado por voz, mejorando la experiencia del usuario en las plataformas de apuestas de GRNL.

Rafael Groswirt, CEO de Greenlite Ventures, expresó confianza en que las tecnologías combinadas establecerán un nuevo estándar para los sistemas de apuestas deportivas y permitirán a la empresa capitalizar el paisaje en evolución de las apuestas deportivas.

Greenlite Ventures, Inc. (OTC PINK:GRNL)는 그린 게임(Grin Gaming, GRIN)의 인수를 성공적으로 완료했습니다, 이는 AI 기반 혁신을 통해 스포츠 베팅 산업을 혁신하고자 하는 전략적 조치입니다. 이번 인수는 GRNL이 그린 게임의 AI 기반 도구에 접근할 수 있도록 하며, 여기에는 게임 내 플랫폼과 플레이어 가격 책정 엔진이 포함되어 있으며, 지난 3년간 500만 달러 이상의 수익을 창출했습니다.

GRNL은 계획된 슈퍼볼 마케팅 캠페인을 앞두고 그린 게임의 백엔드 인플레이 데이터 플랫폼 및 소비자 지향 플랫폼을 완전히 통합할 계획입니다. 또한 인수는 챗봇과 음성 활성화 소프트웨어를 위한 독점적인 언어 처리 시스템에 대한 그린 게임의 전문성을 가져와 GRNL의 베팅 플랫폼에서 사용자 경험을 향상시킵니다.

그린라이트 벤처스의 CEO 라파엘 그로스위르트는 결합된 기술이 스포츠 베팅 시스템에 대한 새로운 기준을 설정하고 회사가 진화하는 스포츠 베팅 환경에서 수익을 추구할 수 있도록 할 것이라고 확신했습니다.

Greenlite Ventures, Inc. (OTC PINK:GRNL) a réussi à finaliser l'acquisition de Grin Gaming (GRIN), un mouvement stratégique visant à perturber l'industrie des paris sportifs grâce à l'innovation alimentée par l'IA. L'acquisition permet à GRNL d'accéder aux outils alimentés par l'IA de Grin Gaming, y compris les plateformes de jeu en direct et les moteurs de tarification pour les joueurs, qui ont généré plus de 5 millions de dollars de revenus au cours des trois dernières années.

GRNL prévoit de complètement intégrer la plateforme de données en temps réel de Grin Gaming et les plateformes destinées aux consommateurs avant une campagne de marketing prévue pour le Super Bowl. L'acquisition apporte également l'expertise de Grin Gaming dans les systèmes de traitement du langage propriétaires pour les chatbots et les logiciels activés par la voix, améliorant ainsi l'expérience utilisateur sur les plateformes de paris de GRNL.

Rafael Groswirt, PDG de Greenlite Ventures, a exprimé sa confiance que les technologies combinées établiront un nouveau standard pour les systèmes de paris sportifs et permettront à l'entreprise de tirer parti de l'évolution du paysage des paris sportifs.

Greenlite Ventures, Inc. (OTC PINK:GRNL) hat erfolgreich die Übernahme von Grin Gaming (GRIN) abgeschlossen, eine strategische Entscheidung, die darauf abzielt, die Sportwettenbranche durch KI-gestützte Innovationen zu revolutionieren. Die Übernahme ermöglicht es GRNL, auf die KI-basierten Werkzeuge von Grin Gaming zuzugreifen, einschließlich In-Game-Plattformen und Preisgestaltungsmaschinen für Spieler, die in den letzten drei Jahren über 5 Millionen Dollar Umsatz generiert haben.

GRNL plant, die Backend-Plattform für In-Play-Daten und die verbraucherorientierten Plattformen von Grin Gaming vollständig zu integrieren, bevor eine geplante Marketingkampagne zum Super Bowl startet. Die Übernahme bringt auch die Expertise von Grin Gaming in eigenen Sprachverarbeitungssystemen für Chatbots und sprachgesteuerte Software, die die Benutzererfahrung auf den Wettplattformen von GRNL verbessert.

Rafael Groswirt, CEO von Greenlite Ventures, äußerte sich zuversichtlich, dass die kombinierten Technologien einen neuen Standard für Sportwetten Systeme setzen werden und der Firma ermöglichen, am sich wandelnden Sportwettenmarkt zu partizipieren.

Positive
  • Acquisition provides access to Grin Gaming's AI-powered tools that generated over $5 million in revenue in 3 years
  • Integration of Grin Gaming's backend and consumer-facing platforms expected before Super Bowl marketing campaign
  • Acquisition includes proprietary language processing systems for chatbots and voice-activated software
  • Grin Gaming has raised nearly $5 million in investment capital
  • Acquisition accelerates GRNL's entry into new sectors in the sports betting industry
Negative
  • None.

LOS ANGELES, CA / ACCESSWIRE / October 10, 2024 / Greenlite Ventures, Inc. (OTC PINK:GRNL) is pleased to announce the successful completion of its acquisition of Grin Gaming (GRIN), finalizing the deal outlined in the previously signed Asset Purchase LOI. This strategic acquisition marks a significant milestone in GRNL's ongoing efforts to disrupt the sports betting industry through AI-driven innovation.

With this merger, GRNL gains full access to Grin Gaming's sophisticated suite of AI-powered tools, including their in-game platform and player prop pricing engines. These systems have been widely recognized for their ability to serve both parimutuel and peer-to-peer markets, helping to generate over $5 million in revenue for Grin Gaming over the past three years. Grin Gaming has also raised nearly $5 million in investment capital and positioned itself as a leader in the micro-betting space for both B2C and B2B applications.

As part of the acquisition, GRNL plans to fully integrate Grin Gaming's backend in-play data platform and its consumer-facing platforms. The integration is expected to be complete ahead of GRNL's planned Super Bowl marketing campaign, which will promote the full range of AI-driven products.

Grin Gaming's expertise extends beyond AI pricing engines and in-game micro-gaming to include proprietary language processing systems that enable highly customized chatbots and voice-activated software execution. This technology will play a crucial role in enhancing the user experience for GRNL's betting platforms providing a seamless, user-friendly interface.

"We are thrilled to have officially closed this acquisition with Grin Gaming," said Rafael Groswirt, CEO of Greenlite Ventures, Inc. "Their cutting-edge AI technology and developmental expertise align perfectly with our goals for our company. This acquisition accelerates our entry into new sectors, and we are confident that our combined technologies will set a new standard for sports betting systems. This integration will not only drive revenue but will also enable us to capitalize on the rapidly evolving sports betting landscape."

About Greenlite Ventures, Inc.

Greenlite Ventures, Inc. (GRNL) is at the forefront of leveraging Artificial Intelligence and peer-to-peer sports betting algorithms through its No Limit Technology platform. The company's sports advisory services and decentralized betting platforms are poised to transform the sports betting industry by providing innovative, AI-driven solutions that offer unprecedented benefits to users.

Website: https://greenliteventures.com

SAFE HARBOR STATEMENT

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological risks pertaining to the Company's business may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

Contact Information

Jeff Deforrest
Communications Director
ir@greenliteventures.com
954 288 4725

SOURCE: Greenlite Ventures, Inc.



View the original press release on accesswire.com

FAQ

What company did Greenlite Ventures (GRNL) acquire?

Greenlite Ventures (GRNL) acquired Grin Gaming, a company specializing in AI-driven sports betting solutions.

How much revenue has Grin Gaming generated in the past three years?

Grin Gaming has generated over $5 million in revenue over the past three years.

What technologies does GRNL gain from the Grin Gaming acquisition?

GRNL gains access to Grin Gaming's AI-powered tools, including in-game platforms, player prop pricing engines, and proprietary language processing systems for chatbots and voice-activated software.

When does GRNL plan to complete the integration of Grin Gaming's platforms?

GRNL plans to complete the integration of Grin Gaming's backend in-play data platform and consumer-facing platforms ahead of their planned Super Bowl marketing campaign.

How much investment capital has Grin Gaming raised?

Grin Gaming has raised nearly $5 million in investment capital.

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