Royal Wins Corporate Update
Royal Wins , a hyper-casual digital games studio with proprietary AI skill-based technology, has issued a corporate update following its delisting from the Canadian Securities Exchange due to reporting deficiencies related to its Australian subsidiary.
The company is currently exploring options to monetize its gaming portfolio through new marketing and technology initiatives or potential third-party sales. Royal Wins is also evaluating new technology and AI-driven opportunities in the gaming and entertainment sector, having identified several potential accretive transactions that could enhance its portfolio and market position.
Management remains focused on pursuing initiatives for long-term profitability and sustainability, with commitments to provide ongoing updates to investors regarding growth and value creation strategies.
Royal Wins, uno studio di giochi digitali hyper-casual con tecnologia proprietaria basata su AI e competenze, ha pubblicato un aggiornamento aziendale a seguito della sua delistazione dalla Canadian Securities Exchange a causa di carenze nei report relativi alla sua filiale australiana.
L'azienda sta attualmente esplorando opzioni per monetizzare il proprio portafoglio di giochi attraverso nuove iniziative di marketing e tecnologia o potenziali vendite a terzi. Royal Wins sta anche valutando nuove opportunità tecnologiche e guidate dall'AI nel settore dei giochi e dell'intrattenimento, avendo identificato diverse transazioni potenzialmente accrescitrici che potrebbero migliorare il proprio portafoglio e la posizione di mercato.
Il management rimane concentrato nel perseguire iniziative per la redditività e sostenibilità a lungo termine, con l'impegno di fornire aggiornamenti continui agli investitori riguardo le strategie di crescita e creazione di valore.
Royal Wins, un estudio de juegos digitales hyper-casual con tecnología propia basada en habilidades de AI, ha emitido una actualización corporativa tras su exclusión de la Canadian Securities Exchange debido a deficiencias en el reporte relacionadas con su subsidiaria australiana.
La compañía está explorando actualmente opciones para monetizar su portafolio de juegos a través de nuevas iniciativas de marketing y tecnología o posibles ventas a terceros. Royal Wins también está evaluando nuevas oportunidades impulsadas por tecnología y AI en el sector de los juegos y entretenimiento, habiendo identificado varias transacciones potencialmente acumulativas que podrían mejorar su portafolio y posición en el mercado.
La dirección se mantiene enfocada en seguir iniciativas para la rentabilidad y sostenibilidad a largo plazo, con compromisos de proporcionar actualizaciones continuas a los inversores sobre las estrategias de crecimiento y creación de valor.
로얄 윈스, 독점 AI 기술 기반의 하이퍼 캐주얼 디지털 게임 스튜디오는 호주 자회사의 보고 결함으로 인해 캐나다 증권 거래소에서 상장 폐지된 후 기업 업데이트를 발표했습니다.
회사는 새로운 마케팅 및 기술 이니셔티브 또는 잠재적인 제3자 판매를 통해 게임 포트폴리오를 수익화할 수 있는 옵션을 탐색하고 있습니다. 로얄 윈스는 또한 게임 및 엔터테인먼트 부문에서 새로운 기술 및 AI 주도 기회를 평가하고 있으며, 포트폴리오와 시장 위치를 강화할 수 있는 여러 잠재적인 인수 거래를 식별했습니다.
경영진은 장기적인 수익성과 지속 가능성을 위한 이니셔티브를 추진하는 데 집중하고 있으며, 성장 및 가치 창출 전략에 대한 지속적인 업데이트를 투자자에게 제공하겠다는 약속을 하고 있습니다.
Royal Wins, un studio de jeux numériques hyper casual avec une technologie propriétaire basée sur l'IA, a publié une mise à jour corporative après son retrait de la Bourse canadienne en raison de déficiences de reporting concernant sa filiale australienne.
La société explore actuellement des options pour monétiser son portefeuille de jeux via de nouvelles initiatives de marketing et de technologie ou des ventes potentielles à des tiers. Royal Wins évalue également de nouvelles opportunités technologiques et pilotées par l'IA dans le secteur des jeux et du divertissement, ayant identifié plusieurs transactions potentiellement avantageuses qui pourraient améliorer son portefeuille et sa position sur le marché.
La direction reste concentrée sur la poursuite d'initiatives pour la rentabilité et la durabilité à long terme, avec des engagements à fournir des mises à jour continues aux investisseurs concernant les stratégies de croissance et de création de valeur.
Royal Wins, ein Hyper-Casual-Digitalspielestudio mit proprietärer KI-Technologie, hat nach der Delistierung von der Canadian Securities Exchange wegen Berichtsmängeln seiner australischen Tochtergesellschaft ein Unternehmensupdate veröffentlicht.
Das Unternehmen untersucht derzeit Optionen zur Monetarisierung seines Spielportfolios durch neue Marketing- und Technologieinitiativen oder potenzielle Drittverkäufe. Royal Wins bewertet auch neue technologie- und KI-gesteuerte Chancen im Spiele- und Unterhaltungssektor und hat mehrere potenziell akquisitorische Transaktionen identifiziert, die sein Portfolio und seine Marktposition verbessern könnten.
Das Management konzentriert sich weiterhin auf die Verfolgung von Initiativen für langfristige Rentabilität und Nachhaltigkeit und hat sich verpflichtet, den Investoren kontinuierliche Updates zu Wachstums- und Wertschöpfungsstrategien bereitzustellen.
- Identified potential accretive transactions in gaming and entertainment sector
- Exploring new revenue streams through existing gaming portfolio monetization
- Evaluating AI-driven opportunities for portfolio expansion
- Delisted from Canadian Securities Exchange
- Reporting deficiencies related to Australian subsidiary
- Current business model requires strategic reassessment
Toronto, Ontario--(Newsfile Corp. - January 30, 2025) - Royal Wins Corporation ("Royal Wins" or the "Company"), an innovative hyper-casual digital games studio with proprietary AI skill-based technology, provides the following corporate update to its investors and stakeholders.
Following the issues with its Australian subsidiary which lead to deficiencies in reporting and delisting from the Canadian Securities Exchange, the Company continues to review its opportunities to monetize its current gaming portfolio through new marketing and technology initiatives or by selling to third parties. As part of this strategic assessment, Royal Wins is exploring innovative ways to leverage its proprietary technology to maximize value and expand revenue streams.
Beyond optimizing its existing assets, the Company is actively evaluating new technology and AI-driven opportunities in the gaming and entertainment space. In this process, Royal Wins has identified several potential accretive transactions that could enhance its portfolio and market position. These efforts align with Royal Wins' vision to remain at the forefront of industry advancements and identify high-growth opportunities that complement its current offerings.
Management remains committed to identifying and executing initiatives that drive long-term profitability and sustainability. The Company will continue to update investors as it advances discussions and evaluates the best path forward for growth and value creation.
About Royal Wins Corporation
Royal Wins is an innovative digital games studio pioneering pure-skill gaming with real cash prizes available on mobile casual games. Established in 2014, we design, develop, and operate real-cash prize skill games to disrupt and dominate the online gaming space, so that all players of legal age can play and win life-changing jackpots and prizes based on their skill as opposed to pure chance and odds. Our primary innovation and intellectual property centres around solving big data problems surrounding skill gaming mechanics, algorithms pertaining to balancing cash prizes, game difficulty modules, and maintenance of Player Rewards percentages.
Royal Wins has released a suite of pure-skill mobile games on Android and iOS mobile/tablet platforms.
For more information, please contact:
| Royal Wins Corporation | |
| Nicholas Konkin Communications Director Phone: 1 647 249 9299, ext. 305 E-mail: nick@grovecorp.ca |
Forward-Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the Company's filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements regarding the Company's unaudited financial results and projected growth. Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are subject to inconsistent legislation and regulation; change in laws; reliance on management; requirements for additional financing; competition; and regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Royal Wins Corporation disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
No securities regulator or exchange has reviewed, approved, disapproved, or accepts responsibility for the content of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239084
FAQ
Why was Royal Wins (RYWCF) delisted from the Canadian Securities Exchange?
What strategies is RYWCF pursuing to monetize its gaming portfolio?
What potential growth opportunities has RYWCF identified?
How is Royal Wins (RYWCF) planning to create value for shareholders?
