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Transatlantic Capital Jumps Into The Billion Dollar Gaming Market By Purchasing SUREBET In Kenya

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Transatlantic Capital, Inc. (OTC PINK:TACI) is enhancing sports betting in Africa by acquiring the gaming platform SUREBET in Kenya. This marks TACI as the first U.S. company to enter the East African market. The company believes this move will significantly drive economic growth in the region. With over $40 billion in bets since 2018 from key markets like Nigeria, Kenya, and South Africa, TACI aims to leverage technology to establish optimal betting practices. CEO Julius Jenge emphasizes the potential for a beneficial domino effect across African markets, enhancing overall economic stability.

Positive
  • TACI acquires SUREBET, becoming the first U.S. company in East Africa's sports betting market.
  • The involvement in sports betting could lead to significant economic growth in Kenya.
  • Potential to expand operations into other African countries, leveraging existing market size.
Negative
  • None.

PORTLAND, OR / ACCESSWIRE / February 18, 2021 / Transatlantic Capital, Inc. (OTC PINK:TACI) is excited to announce their plans on strengthening the scalability of sports betting throughout Africa. As mentioned in their previous February 3rd, 2021 release, TACI recently became the first U.S. company to "acquire a gaming platform" (SUREBET) in East Africa, specifically Kenya. As a result, TACI shareholders will now play a pivotal role in Kenya's economic growth as they consider SUREBET to be the optimal platform to springboard Kenyan sports betting to new peaks. TACI's leadership is optimistic towards their involvement in Kenyan sports betting, and believe that it will result in a domino effect, luring them into other African markets.

TACI's research data indicates that Nigeria, Kenya, and South Africa have made the largest recent contributions in African Sports Betting, as they have combined for over 40 Billion USD in bets since 2018. As a U.S. company tasked to set new industry trends, TACI leadership acknowledges that their involvement can help accelerate economic growth in Africa. Julius Jenge, TACI's Chief Executive Officer, believes that their decision to get involved in African Sports Betting will benefit the continent's overall economy above all else. He released this statement:

"When we discovered how sports betting in Africa was on the rise, it became our mission to be among the pioneering companies that can contribute towards their economic growth as a result of it. With all the advancements we have had in technology over the years, many North American professional sports leagues have become globalized, especially in Europe and Africa. Our early involvement will give the Kenyan people a user-friendly tool that they can trust when placing and managing their sports bets. Our success will allow us to introduce ideal sports betting practices to other African Countries, resulting in a more stable and stronger economy throughout the continent. These are really exciting times for TACI leaders and shareholders.''

TACI shareholders are excited to see how leadership's recent decision to get involved in African sports betting will impact the valuation of each share.

About Transatlantic Capital, Inc.

Transatlantic Capital, Inc. (OTC PINK:TACI) is a parent company that specializes in enhancing the development of new industry trends for both U.S. and global markets. Their main areas of focus include (but are not limited to): Housing, Cannabis, Psilocybin, Hemp, Sports Betting, and Gaming. To learn more about Transatlantic Capital Inc., please visit them at www.transcapinc.com. To review the stock histogram chart of Transatlantic Capital, Inc., please visit OTC Markets at www.otcmarkets.com and search under the ticker TACI.

TRANSATLANTIC CAPITAL, INC FORWARD-LOOKING STATEMENTS

This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: TransAtlantic Capital Inc.



View source version on accesswire.com:
https://www.accesswire.com/630488/Transatlantic-Capital-Jumps-Into-The-Billion-Dollar-Gaming-Market-By-Purchasing-SUREBET-In-Kenya

FAQ

What is Transatlantic Capital's stock symbol?

Transatlantic Capital's stock symbol is TACI.

When did Transatlantic Capital announce its acquisition of SUREBET?

Transatlantic Capital announced the acquisition of SUREBET on February 18, 2021.

What impact does TACI's acquisition of SUREBET have on the African market?

TACI's acquisition of SUREBET is expected to enhance sports betting scalability and economic growth in Kenya and potentially other African markets.

How much has been bet in the African sports betting market since 2018?

The African sports betting market, particularly in Nigeria, Kenya, and South Africa, has seen over 40 billion USD in bets since 2018.

Who is the CEO of Transatlantic Capital?

Julius Jenge is the CEO of Transatlantic Capital.

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