Last checked at 22 Mar 2018 07:00
22 March 2018
Veltyco Group PLC
("Veltyco" or "the Company")
eSports partnership provides Bet90 opportunity
The Board of Veltyco Group plc (AIM:VLTY), the online marketing company and operator for the gaming industry, is pleased to announce that its partner eSports.com has entered into a partnership agreement with RFRSH Entertainment (the "RFRSH Partnership") to further accelerate the growth of esports.
RFRSH Entertainment, an established esports and digital entertainment company, manages and runs the commercial operations of some of the leading esports teams, including Astralis and as part of the RFRSH Partnership, eSports.com will be a main sponsor for Astralis.
As a result of this and through the Company's existing partnership with eSports.com, the Company believes that it will be able to increase the exposure of its online sports betting brand Bet90.com, in which it has a 51% interest, to the rapidly growing eSports market to increase its esports' betting operations and market share in this unique area.
Marcel Noordeloos, the Company's FD, commented: "We are very excited about the potential of the RFRSH Partnership and the Astralis team to drive increased awareness of our Bet90 brand within esports and it demonstrates one of the many benefits of Veltyco's partnership with eSports.com."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Veltyco Group Plc +44 (0)1624 605 764
Gilles Ohana, Non-Executive director
Marcel Noordeloos, CFO
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris / Richard Tulloch / James Dance
Whitman Howard Ltd (Broker) +44 (0)20 7659 1234
Francis North / Nick Lovering
IFC Advisory (Financial PR) +44 (0)20 3934 6630
Graham Herring / Miles Nolan / Zach Cohen
About Veltyco
Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands, such as Bet90.com. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting. Veltyco announced the acquisition of the Bet90 gaming operations in April 2017.
Website: www.veltyco.com