NEW YORK, June 21, 2017 /PRNewswire/ -- Newgioco Group, Inc. (OTCQB:NWGI) a licensed lottery and gaming retailer and certified betting technology provider, announced today that it has implemented a corporate investor relations program and operational marketing campaign.
As the company rotates from being a retail-facing operator into a full-service betting technology provider for the leisure gaming industry, our shareholder communications strategy aims to increase awareness about Newgioco within the investment community by highlighting its business relationships, deployment strategy and industry dynamics, with the ultimate goal of enhancing shareholder value.
In addition, concurrent with a comprehensive customer acquisition campaign, the company plans to roll-out its leading-edge, certified betting operating platform on July 21, 2017, through a company sponsored trade show in Rome, Italy.
Newgioco's strategic investor relations program is founded upon best practices and the company's mandate to provide full and current disclosure to existing shareholders and potential investors. As such, the campaign will also employ OTC Markets, LLC recognized services such as professional marketing and investor relations firms as well as company-paid independent and unbiased analyst coverage on Newgioco business.
"Over the past several years, Newgioco Group has concentrated its focus on building shareholder value through executing our core business blueprint launched in 2014. As reported earlier this year, fiscal 2016 proved to be an outstanding year driven by record revenue growth and was a key inflection point on the back of our transformational acquisitions," said company Chairman and Chief Executive Officer, Michele Ciavarella. "We believe that our shareholders will be pleased to find that they now own a part of a dynamic growth company with vast opportunities ahead and a very bright future. Our board and management team also believe that it is an appropriate time to establish a more proactive strategic investor relations plan to effectively communicate our investment thesis, growth strategy, business objectives and corporate milestones to a wider audience of sophisticated and potential investors."
Newgioco is dedicated to the elevated level of financial and corporate disclosure that is required for an OTCQB certified issuer and emphasizes its commitment to building shareholder value. Before making an investment decision based on analyst comments and third-party information about the company, shareholders and potential investors are encouraged to review and read the company's SEC filings and disclosures available at www.sec.gov as well as the OTC Markets website at www.otcmarkets.com.
About Newgioco Group, Inc.
Newgioco Group, Inc., together with its wholly owned subsidiaries, is a fully licensed and integrated online and land-based gaming operator. The company conducts its business primarily through internet-based gambling and sports betting platform under the registered brand Newgioco on our website www.newgioco.it as well as retail neighborhood betting shops situated throughout Italy.
The company offers its clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, lottery, interactive games and slots, as well as an innovative betting platform (www.odissea.at) providing both B2B and B2C bet processing. Additional information is available on our corporate website at www.newgiocogroup.com.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "forecast," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements.
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SOURCE Newgioco Group, Inc.