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Tuesday, July 14, 2015 9:14:59 AM
NEW YORK, July 14, 2015 /PRNewswire/ -- Elray Resources Inc. (OTCPK: ELRA) trading as Elray Gaming announced today that are up substantially Quarter over Quarter.
Logo -http://photos.prnewswire.com/prnh/20150713/235621LOGO
Revenues for Q2 2015 over Q1 2015 are up 66.9 %.
Revenues for Q2 2015 over Q2 2014 are up 382.0 %
Brian Goodman, CEO stated that, "Elray has now managed to achieve double digit Revenue increases month on month since the 3rd Quarter of 2014 coupled with a further reduction in debt in the last two Quarters.
A Revenue Increase of 66.9% over the last three months and an overall Revenue Increase of over 382.0% over the same Quarter in 2014 is an excellent achievement.
Elray's additional revenues and profitability are as a direct result of its continuing recognition in the industry backed by its unique IP/Technology and skilled team as well as its customer retention and marketing tools. Online gambling is one of them fastest growing segments of the gambling industry. The Online Gaming segment of the overall Gaming Market has shown particular strength progressively expanding and growing globally. The Company in recent months has focused on new and emerging markets including North America, which is beginning to show solid growth. Certain states are already allowing regulated activity. Elray is currently developing specific tools for the US market and will play a part in this lucrative market and provide its 'state of the art' technology to licensed operators."
www.ElrayGaming.com
ABOUT ELRAY
Elray is an established Gaming entity, which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Whilst Elray is a US company, we have a global presence with offices in London, South Africa and Sydney, homes of the largest gaming operators, which helps us actively manage and serve our clients. Our sophisticated software automatically declines any gaming requests from within the United States, in strict compliance with current US law.
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