BETS, Multiple Must Reads Listed Below: Expected big breakout soon!
HUNTINGTON, NY--(Marketwired - Aug 31, 2016) - SeanieMac International ( OTC PINK : BETS ) today announced a strategic partnership with Dev Clever, the award winning digital innovation and marketing agency behind global household brands such as Nescafé, Pepsi, Honda and Bentley. Providing our clients with truly innovative digital platforms and consumer engagement applications that not only make their customers standout, but also get noticed. Over the past few years, Dev Clever has impacted the E-Gaming sector and produced leading marketing platforms for European leaders such as William Hill, Bet Victor and Corals to name a few. Providing real consumer engagement that stems from innovation and ultimately leads to higher levels of player conversions, Dev Clever has carved a name for themselves in this highly competitive market as digital leaders.
Managing Director of Dev Clever, Chris Jeffries said, "Both myself and the team at Dev Clever are more than excited about working in partnership with SeanieMac on reintroducing this terrific brand in to the sector, not only in Ireland and the UK but also throughout Europe. We feel the forwarded management team coupled with our sector leading innovative approach is the perfect recipe for success and we are confident that Seanie Mac together with Dev Clever will establish a brand that is the benchmark for consumer experience in the e-gaming space."
SeanieMac International Ltd (OTCMKTS:BETS) has set September 16, as the launch date for its new online sports-book and casino platform. The company stated that everything was going according to plan and it was on target to meet the mid-September deadline. In addition to this, BETS has also been busy maintaining its strong relationships, with the British Jockey Club. The company is scheduled to sponsor approximately five race meetings, across the UK, in August.
The COO of BETS, Garreth Core, expressed his delight at the announcement and stated that the company had been working hard with Optima, to meet its goals. He also revealed that the website would also host a number of features, to enhance user experience. Mr. Core went on to conclude that the company would be announcing new partnerships for the platform, very soon.
It should be noted here that work on the platform had only recently begun, when the company engaged Optima for the setup of the multichannel gaming suite platform, on July 26. The engagement includes mobile and web products at the forefront and a MarginMaker 2 system. Initially it had been announced that trading would commence in August.
The first of the series of meetings in UK was held on August 4, at Haydock Park. The meeting has been sponsored by the Apollo Bet brand of the company. Leon Hosking, the head of sports-book and trading for the brand, stated that these meetings were vital to SeanieMac’s brand awareness. He went on to point out that this was done through televised coverage of these meetings, across racing channels. Mr. Hosking claimed that this was part of the company’s strategy for the year. He revealed that higher gross profits would mean paying down of the credit facility of BETS and retiring of the company’s convertible debt.
LONDON, UNITED KINGDOM -- (Marketwired) -- 07/26/16 -- SeanieMac International, Ltd. (OTC PINK: BETS), the UK & Ireland online sports betting and e-gaming operator, has reached an agreement with software development firm OPTIMA for the setup of a new Multichannel Gaming Suite Platform. This deal includes Margin Maker 2 system and the establishment of new web, mobile front end products. Trading is targeted to begin in August.
Shane O'Driscoll, CEO, SeanieMac, said: "The significance of moving from a white-label led operation to licensing our own software is a massive leap forward in our business development and growth strategy. Having our own software licensed from an industry leader allows us to have full control over our own destiny. This now places us firmly in the 'driver's seat' and further accelerates our plans of becoming a premier online bookmaker and industry leader. This sizeable investment in our business infrastructure underscores our commitment for future growth."
Garreth Core, COO, SeanieMac, stated: "We are delighted to announce our new partnership with one of the world's leading sports betting and gaming platform software suppliers, OPTIMA. This is a major corporate development for our business and highlights our strategy to become an industry leader. For SeanieMac, the agreement allows us full flexibility over our business and enables us to offer our customers more value, more opportunities, a superb desktop and mobile user experience."
Jacob Curciel, CEO and founder of Optima, concluded: "We are very excited to have the opportunity to work with SeanieMac for the development of a dedicated full OPTIMA sports betting and e-gaming multichannel suite. Passion and know-how for the sports betting and gaming business is a must-have to be a market leader. SeanieMac's team has demonstrated they score very high on these values.
"At Optima, through the delivery of a turn-key platform, we will ensure our partner has the technology and products to achieve their objective of leading the market while delivering the best and most enjoyable customer experience across all channels."
HUNTINGTON, NY -- (Marketwired) -- 07/20/16 -- SeanieMac International, Ltd. (OTC PINK: BETS)
As part of the 2016 strategy to move to better financing terms, SeanieMac International announced that after a several week screening process that began on April 7th they had accepted a term sheet for a $7.5 million in revolving credit.
500k of this facility will be made available and drawn down right away and the balance is based on a ratio of the Company's revenues. The term sheet proposed provides that secured line is repaid with 20% of the Company's monthly revenues until retired. Closing on the facility is subject to final due diligence, legal documentation, and normal closing conditions.
SeanieMac President Shane O'Driscoll stated, "We are hoping to close the transaction by mid August to coincide with the targeted launch date of our new platform.
"The size of the line is in place to support further acquisitions if needed. We will continue to seek to improve our cost of capital as the Company continues to hit milestones. The ability to replace 100% equity lines with debt that can be repaid through revenues reflects the next step in the company's evolution."
HUNTINGTON, NY -- (Marketwired) -- 07/06/16 -- SeanieMac International Ltd. (OTC PINK: BETS) announced today, that after an impressive May with booked revenue in excess of $1.2 million, SeanieMac continues to see record results in its sportsbook and casino revenues (turnover) for the month ended June 30, 2016.
Total Revenue for June 2016 was $5,045,000, an increase of over 300% from the prior month. Preliminary 2nd Quarter revenues were $7,370,000 versus $2,656,000 for the 1st Quarter 2016. This reflects an increase of over 270% in Quarter over Quarter revenues.
Gross profit for June 2016 was approximately $200,000.
SeanieMac CEO Shane O'Driscoll stated, "We continue to make outstanding progress with our sportsbook and casino properties. We are driving the business forward and look forward to our upcoming launch."
HUNTINGTON, NY -- (Marketwired) -- 05/11/16 -- SeanieMac UK (OTC PINK: BETS) announces over $3.2 million in sports bets revenue taken in its newly combined Sportsbook operation. These considerable results do not include casino games or reflect the higher margins the company anticipates with the launch of its advanced new platform this summer.
In addition, we were pleased to welcome over 8300 new registered customers on the site since the combined operations began. The 1600% increase in new members reflects the company's substantial investment in targeted marketing and promotion geared toward building a greater and more substantial customer base. The budget utilized of over 500k in the first quarter on bet promotions, sponsorships, specials and direct marketing has been proving to be a great success.
HUNTINGTON, NY -- (Marketwired) -- 04/27/16 -- SeanieMac International Ltd (OTC PINK: BETS) --
Dear Shareholders,
I'd like to thank all of our loyal shareholders for your steadfast support and incredibly adroit ability in keeping abreast of company activities, our competitors, as well as the greater industry in general. Not surprisingly I was incredibly impressed by the astute questions received and have attempted to respond to as many as possible in a consolidated manner. We understand fully our responsibility to try to maximize shareholder value and make all of our decisions based on that first and foremost. We believe the days, weeks and months ahead will prove to be exciting for everyone, as we continue to make 2016 a truly exceptional year.
Shane O'Driscoll.
Can you elaborate on what's been happening in the past year?
Over the past year we scaled back on marketing dollars and focused on securing the best platform for the next phase of our growth. Our acquisition took several months from start to closing and we also focused our energies on bringing all of the US Financial filings up to date.
Other than Apollo, are there any more convertible notes left?
Technically our initial funders and long-term investors can convert a portion of their debts into equity but have chosen not to in the past two years. RDRD's debt, for example, has been on the company's books since then. Apollo acquired ALL of the other convertible notes since then with the exception of one 40k note. All of our outstanding notes are fully disclosed in our 10-K and will be updated with each quarterly filing.
What's with the 6 million dollars of debt in the filings?
A substantially large portion of our debt and all of our residual preferred stock obligations predate the merger with SeanieMac International to the days when the public company was Compliance Systems. We believe many of these obligations can and will be settled or removed from the balance sheet in 2016.
Are there any other acquisitions in mind or on the horizon?
We are very actively seeking potential opportunities and partners, as well as financial support to pursue other acquisitions. We have reached out to various candidates and cannot divulge at the present time if any of these discussions will result in an actual transaction, but we think we offer a compelling value proposition to prospective candidates. With the right deals our goal of reaching 100 Million in revenue is attainable given the exponential growth the industry is seeing every year. We of course will keep you up to date as things progress.
Do you have any plans on a reverse merger?
No.
IMO, could be wrong, but this is closing on issues with convertible notes the past few months. They soon to be a thing of the past and huge revenues expected with two sites on a better and much more profitable betting site starting in about two weeks.
AI
