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Re: RGJack post# 25114

Friday, 04/18/2014 7:46:42 AM

Friday, April 18, 2014 7:46:42 AM

Post# of 72311
Elray Resources, Inc. is a development stage company, which is in the process of developing an online casino to provide gaming to customers where such activity is legal. Its primary function is to market the online casino and provide support to online gamers. The company was founded on December 13, 2006 and is headquartered in New York, NY.


I agree, they need to deploy soon, but I would think they have lots of hurdles to jump over...Boyd, one of my casino sector stocks has Borgata and they are doing well with online gaming...if ELRA focus can get back to that and still keep a foot in the door on Bitcoins, perhaps we will see some upside...

If they switch to just Bitcoin services, this will be much more of a speculative play.