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SeanieMac Moves to Optima Sports Betting and Gaming Platform With Rapid Growth Expansion Plans
LONDON, UNITED KINGDOM--(NewMediaWire - Jul 26, 2016) - 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."
About Optima
Optima are a licensed B2B Software Developer of turnkey sports betting and gaming solutions with partners and customers in Europe, Asia, Africa and the Americas. Optima's platform is one of the top software products available worldwide for the web, call center, mobile and retail bookmaking and e-gaming industry.
CONTACT INFORMATION
Optima Group
Carmen Garcia
Account Manager
+34 956 699 632
carmen.garcia@optimaonline.es
www.optimaonline.es
SeanieMac International, Ltd.
Garreth Core
garreth@seaniemac.com
(Marketwired) -- 07/20/16 -- SeanieMac International, Ltd. (OTC PINK: BET)
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."
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