Today: July 20, 2018, 6:18 pm
  
Business

President and CEO of Trupal Media Inc awarded UK Gaming License

PR-Inside.com: 2017-08-10 19:10:01

MIAMI BEACH, Fla., Aug. 10, 2017 (GLOBE NEWSWIRE) -- Trupal Media, Inc. (OTC PINK:TRMM), a social media games purveyor and gaming software specialty firm, announced today that CEO and President, Panayis Palexas has been awarded a Personal License from the United Kingdom Gambling Commission.  The License authorizes Panayis Palexas to perform the functions of management offices specified in the Commission's general operating license conditions.

The awarding of this license is an important step for Panayis Palexas to introduce Trupal Media INC to the UK Gaming market and explore legal gaming opportunities in the UK's Category C games market. Category C games are limited to a £1 max bet and £100 max pay limit.

Panayis Palexas has ample experience in gaming development, opening, and operating gaming properties. Panayis Palexas holds gaming licenses in Peru where typical properties operate between 100-200 machines. It should be an easy transition to apply this expertise to the United Kingdom. "There is an untapped opportunity in the Category C licensing sector of the UK gaming market.  This license is the path forward for Trupal to explore entry into the UK's gaming market," said Mr. Palexas.  "This is very exciting for the potential growth of Trupal's interests in Europe."

TRMM currently owns and operates Cleos Casino on Facebook; a very unique social gaming app and continues to explore other opportunities both in the US and abroad. 

Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.

Trupal Media Inc. 
(305) 609-4656
press@trupalmedia.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Trupal Media Inc. via Globenewswire




# 498 Words
Related Articles
 
More From Business
Tarps Now Expansion to New St. Joseph [..]
ST. JOSEPH, MICHIGAN, UNITED STATES -- Tarps Now® is pleased to announce completion of its move to its newest operations [..]
The Tidy Maids Announces Scholarship Winner
RALEIGH, NC – JUNE 14, 2018 – The Tidy Maids Raleigh house cleaning and maid services is pleased to announce [..]
Introducing Worldwide Rakhi Delivery with Free Shipping: [..]
New Delhi, India, July 2018 - Are you planning to send Rakhi to Dubai? Avail the latest free shipping offer [..]
E. & J. Gallo Winery Gets Strong [..]
St. Helena, Calif. - Industrial Door Company, a local commercial door business since 1985, just replaced the exterior doors at [..]
29th Hong Kong Book Fair Opens with [..]
Theme of the Year: "Romance Literature"; 310 Cultural Events HONG KONG, July 18, 2018 - (ACN Newswire) - The 29th [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.