BETS, HUNTINGTON, NY--(NewMediaWire - Nov 1, 2016) - SeanieMac Ltd. (OTCBB: BETS), an Irish gaming company says as of the end of their first week on the new platform they had crossed the $12,000,000 annualized turnover threshold. Our goal is to double that to $24,000,000 in November and double it again to $48,000,000 in December utilizing the proceeds from our Line of Credit. At those levels we would be cash flow positive on a monthly basis and can use internal capital and the credit facility to fuel growth.
We continue to work towards a closing of our Line of Credit in the short term. Closing documents from the lending institution have been provided to company counsel and both sides are targeting a November closing date. Closing still requires final underwriting approval by the lender.
DUBLIN, IRELAND -- (Marketwired) -- 11/14/16 -- Seaniemac.com (OTC PINK: BETS), an Irish gaming company, announces an advertising partnership with London based company Project 11. This advertising partnership consists of digital sideline board advertising for seven "La Liga 2017" football (soccer) games. The specific games are a mixture of away games by FC Barcelona & Real Madrid; two of the biggest football (soccer) teams in the world.
The advertising is broken down of 1 to 2 minutes of live TV in-play sideline advertising and additional footage arising from repeats, highlights, internet and mobile device viewing which leads to a combined total across all media of approximately 7 to 9 minutes. This will be available to all viewers in Ireland and the UK.
As an example of their following, some estimate that the "El Clasico" which is the nickname given to the game when FC Barcelona and Real Madrid matchup garners around 400 million viewers. That's 4 times the size of the average Super Bowl.
