Elray Resources Inc (ELRA)

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NEW YORK, Oct. 28, 2014 (GLOBE NEWSWIRE) -- Elray Resources Inc. (ELRA) trading as Elray Gaming announced today that wagering in one of its JV Licensed Live Dealer Casino Facilities in Manila has already surpassed 10 Million USD for the month of October.

Brian Goodman, CEO stated that, "This is very encouraging as Elray has recently overcome some technical challenges in delivering the product into Asia and the encouraging and incremental wagering is as a result of the system now being stable and highly competitive in the world's largest gaming arena -- Asia. The expected yield of the live studio is around 2.5% of wagering and the facilities are highly scalable. Elray will shortly roll out additional Asian facing gaming products including a new fully integrated E-store and exclusive VIP club specifically targeting the Chinese market and in addition to gaming will also offer high ticket branded fashion and electronic items."