Elray Resources Inc (ELRA)

[wingtrade]

The JV has resulted in gaming revenues (Wagering) of greater than $68,000,000 over a 45 Day period and average of over 1.5 Million USD per day and a day high of $9,296,568 USD.

Elray will receive an up to 48% share of profits generated by the Licensed Casino Operations

The dominant game which is Baccarat generates a net win to the casino of around 1.75% of monies wagered.

According to these figures, this first single junket deal alone, which is not even in the Macau targeted market, could potentially produce up to $1.5 million x 1.75% = $26,250 per day x 48% = $12,600 per day x 365 days = $4,599,000 in annual revenue for ELRA. The potential here here for ELRA is absolutely astonishing.