3rd quarterly is out
10. Subsequent events
In 2018 Atlantis CEO, Donald L. Bailey, initiated discussions with David Baker, CEO, Pro Football Hall of Fame ("PFHOF"),
and perfected an Agreement and Partnership executed in 2019 to develop and operate a Daily Fantasy Sports ("DFS") and
Sportsbook website branded by the iconic PFHOF. The delay to launch in 2020 due to the COVID-19 Pandemic raises the usual
uncertainty as to the Company’s ability to convert these agreements into successful business assets. These financial statements do
not contain any adjustments that might result from the outcome of this uncertainty.
In September 2020 Atlantis submitted a bid in response to a Request for Proposals and was awarded a development
project in Kenner, Louisiana (adjacent to New Orleans, Louisiana) to establish a Total Resort Destination on Lake Pontchartrain.
The projected development is a first of its kind barge-based water development. Moreover, the Louisiana Legislature enacted
legislation, authorizing a long term (ninety-nine (99) year lease), which was promptly signed by the Governor. Again COVID-19
interrupted the progress of this project, however, the Atlantis Team of Partners is moving forward with a projected ground-breaking
date during the third quarter of 2022. These financial statements do not contain any projections or adjustments that might result
from the outcome of this uncertainty.
Atlantis Gaming Corporation ("AGC") selects Scout Gaming Group ("Scout"/www.scoutgaminggroup.com) a licensed and
regulated full-range provider of Fantasy Sports to complement its Team of design and software professionals. The Company offers
a flexible and customizable network-based service with support for most sports and leagues. Scout is the largest Daily Fantasy
Sports ("DFS") software company in the United Kingdom and will collaborate with BetConstruct (www.betconstruct.com) to launch
AGC's Ultimate Daily Fantasy Sports product which will feature its revolutionary "ASK-A-PRO" DFS game. ASK-A-PRO offers
sports fans an opportunity to chat live with Hall of Fame Athletes and Coaches to get their insight and perspective on upcoming
sporting events. AGC believes this unique DFS feature will ultimately prove to be a sure bet for its customer base.
