LAS VEGAS, Nov. 16, 2020 /PRNewswire/ – HeadsUp Leisure Worldwide Inc. (Pinksheets: HDUP.PK) is happy to announce that Doug Wilson has been named the brand new President and CEO. Doug has operated companies in numerous expertise sectors for over 3 many years and has supplied experience to a number of of those internationally. Doug consults to a number of different enterprise entities together with a land asset agency in addition to personal fairness pursuits primarily targeted on digital media, gaming and charity sectors. “I sit up for the problem of main HeadsUp into the brand new period of digital gaming as the brand new panorama for North American and world licensing is shortly opening up billion-dollar markets” said Mr Wilson.
Doug joins beforehand introduced lottery icon Mark Hutchinson to the administration group and extra members of the gaming, broadcasting, leisure, and interactive expertise sectors shall be introduced subsequent as a part of the companies new strategic Advisory Board. Each Doug and Mark can even be nominated for addition to the Board of Administrators.
For the reason that final announcement of the three way partnership advertising and marketing settlement with LOTIX, HeadsUp has moved ahead with the combination of their Pay App® E-wallet. Powered by PlayPay™, the Pay App® digital cost system is what would enable HeadsUp’s sportsbook gamers to retailer funds, make bets, obtain winnings and observe funds all through the cellular E-wallet. Cost processing is without doubt one of the key buyer integration instruments for the evolving gaming sectors; this integration, due to this fact, offers HeadsUp a robust aggressive benefit for buyer acquisition and retention in rising markets.
By means of the LOTIX partnership, HeadsUp is navigating by means of the licensing course of in quite a few states as they’re quickly to fireplace up the primary US go to market initiatives for each a web based sports activities e book and gaming operations in addition to a attainable land-based on line casino acquisition led by LOTIX CEO Bil Liu.
HeadsUp is holding a Particular Shareholders Assembly subsequent Monday November 23rd which has been organized to maneuver the corporate ahead with compliance methods as path of the brand new administration group is to construct the corporate asset base, revenues and proceed to construct shareholder worth.
As Canadian shareholders have been unable to commerce the inventory on account of a stop commerce order issued by the Alberta Securities Fee in 2013, earlier administration engaged auditors to carry the corporate filings present and as of Friday have posted all monetary statements as required by OTC Markets to turn into present within the US, nevertheless the absolutely audited statements required by the Canadian regulators necessitate an audit of the share capitalization desk from the inception of the Firm for the previous 17 years which is an onerous, time consuming and really costly course of. The brand new Administration Workforce has recognized and is pursuing different choices to create speedy and quick time period liquidity for Canadian shareholders and is actively pursuing these methods which coincide with the company street map for progress and up-listing to a better tier alternate. Administration shall be reporting additional on that on the Particular Shareholders Assembly subsequent week.
Since becoming a member of the HeadsUp administration group Mark Hutchinson has introduced ahead a number of alternatives to the Firm to go to market within the charity fundraising, gaming, lottery and 50/50 sectors. The corporate is presently negotiating a number of contracts immediately from his management in his enterprise growth capability. HeadsUp is planning to make a collection of bulletins quickly that can lead to a direct path to income from these negotiations.
Final Thursday HeadsUp, by means of its Digital Advertising and marketing Workforce in Toronto, invested over $30,000 and launched a significant internet marketing marketing campaign for participant acquisition as a part of its Affiliate Advertising and marketing Settlement with VIP Leisure introduced within the final press launch. As beforehand said HeadsUp terminated the LOI to accumulate shares of VIP after Gaming Counsel suggested that proudly owning shares in a gray market sports activities e book operation might trigger HeadsUp to not be permitted as a regulated sports activities e book operator within the US and Canada which is the first new initiative of the Firm. It was agreed that the brand new settlement was essentially the most strategic transfer to generate speedy revenues.
“We’re constructing a stable basis to develop HeadsUp into a pacesetter within the media and gaming enterprise” commented new CEO Doug Wilson, “and I sit up for sharing extra of the brand new marketing strategy ideas supported by market compliance, acquiring new gaming and broadcast licenses by no means earlier than supplied and going to market with one of the best interactive platforms that expertise has to supply.”
About HeadsUp Leisure Worldwide Inc.
HeadsUp Leisure Worldwide Inc. is a world gaming operator and media firm specializing in on-line gaming, on-line poker, eSports, sports activities betting, on-line lottery, cellular 50/50, charity fundraising platforms and blockchain primarily based cost options.
This information launch accommodates “forward-looking statements” throughout the which means of the U.S. Personal Securities Litigation Reform Act of 1995. When used on this launch, phrases resembling “estimate,” “anticipate,” “anticipate,” “projected,” “deliberate,” forecasted” and comparable expressions are supposed to establish forward-looking statements, that are, by their very nature, not ensures of HeadsUp Leisure Worldwide Inc.’s future operational or monetary efficiency, and are topic to dangers and uncertainties. Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date of this launch. As a result of dangers and uncertainties, precise occasions could differ materially from present expectations. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements due to new info, future occasions or in any other case.
SOURCE HeadsUp Leisure Worldwide Inc.