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Friday, 03/27/2015 10:21:16 AM

Friday, March 27, 2015 10:21:16 AM

Post# of 396422
Compensated Awareness Post View Disclaimer
$DEAC DALLAS, TX--(Marketwired - Mar 27, 2015) - Elite Data Services, Inc. (OTCQB: DEAC) ("EDS" or "the Company") is pleased to announce that it has recently raised the necessary capital to secure a gaming distributor license on the island of Roatán, the largest of the bay islands of Honduras. The license is expected to catalyze the Company's current business model with a healthy revenue stream once fully implemented.

Charles Rimlinger, EDS's CEO, comments, "We are thrilled with the recent achievements. This is a long awaited update for our shareholders toward taking the Company to the next level, and we're here. We believe this expansion will give us an opportunity, in an unsaturated market, to stake our claim in the lucrative gaming industry, which I confidently believe will increase exponential growth in shareholder value."

"This license also permits us to be a distributor which gives us the ability to focus on consistent revenue generation with strategic placement partners as we work with the regulatory authorities for full implementation," adds Mr. Rimlinger.

Sarah Myers, President and COO, states, "This marks a new era for Elite Data Services attributable to our marketing efforts. This is the first step in what we hope will be an expansion of the Company into the gaming arena in Roatan."

The Company is in final negotiations to obtain this gaming license and anticipates it being finalized shortly. The Company will release updates with further details beginning as early as next week to keep shareholders informed of its anticipated finalization of this milestone event.


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