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Tuesday, June 27, 2017 9:52:18 AM
COSTAS INC. (CSSI) Begins Talks to acquire Online Casino Operator OLYMPIAN GAMING
LAS VEGAS NV June 27th, 2017 - InvestorsHub NewsWire - , Clifford Redekop CEO of COSTAS, INC. (CSSI) and the newly appointed Board Director, Stephen L. Gomes, announced today they are in talks with private Casino & Sportsbook organization Olympian Gaming Group for acquisition by COSTAS, INC. We narrowed our focus down to a handful of companies that have strong existing player databases as well as a focus on specific markets that are high growth gaming markets, says Mr. Gomes. Clifford Redekop stated, We are utilizing some very experienced talent from the gaming industry in Europe, Canada, and Asia to help identify the best targets, and our due-diligence showed Olympian Gaming Group to be best aligned with top International Casino Management platforms, world leading gaming software and very robust payment systems that we believe will meet the demand of the international online casino market. Olympian Gaming Group has a history of working with Tier 1 partners in mobile financial technologies and fraud prevention platforms which are crucial to a successful online gaming business. Olympian Gaming Group is capable of providing state of the art localized mobile payment solutions regardless of the market.
Mr. Redekop further states, new Board of Directors addition, Stephen L. Gomes, comes from a prominent Las Vegas gaming family. His late brother, Dennis, is in the national Gaming Hall of Fame and was a leading executive in the casino industry. As a professor of international business, Mr. Gomes has been able to help us in pinpointing the best people and company to work with to build out our Online Casino and FINTech strategy.
Olympian Gaming Group representative Charles Exeter states COSTAS, INC. is a company which understands the importance of FINTech combined with real world business operations. We strongly believe in this vision as online casino and gaming operators in the EU, Asia and Central/South America have been pushing the boundaries of mobile and alternate payment systems as a course of doing business. It has become a fact that Crypto-Currency is a requirement for doing business in the international online gaming world especially if we are transitioning from B2B into a B2C operation.
About COSTAS (CSSI): http://www.otcmarkets.com/stock/CSSI/profile
COSTAS INC. is a publicly traded company on the OTC Markets under the symbol CSSI. Costas Inc. invests in early stage Digital Currency projects. We believe strongly in the growth of Distributed Asset Technology and its integration into Financial Technologies (FINTech. Distributed Networks are the next massive internet investment market, as social media was 10 years ago. Costas Inc. strongly believes that a Distributed Asset Technology product will be the next Facebook or Twitter. The current US market of FINTech is approximately $1.24 Trillion.
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