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Bingo Nation Announces Rollout Plans

LAS VEGAS, March 09, 2017 (GLOBE NEWSWIRE) -- Bingo Nation Inc. (OTC:BLTO.QB) (the “Company”) announced today the next step in the company’s plans to accelerate rollout of its technology by awarding distribution rights to strategic partners in up to 29 states where Indian gaming is conducted. 

Recently appointed to the Board, David Matheson commented: “Pricing and rollout availability are both still to be determined, but we’d expect the company to target those best connected and qualified to serve participating tribal gaming operators in each marketplace.  We believe in strong partnerships to assist us to achieve national expansion of our business.  Industry skeptics may challenge our ability to get all tribal gaming operators to work together. The industry is no doubt fierce in terms of competition between neighboring gaming operations. It demands a lot of investment, but return on investment is driving proven economic development in Indian Country.  Our objective with Bingo Nation is to work together with all participating tribes to continue to capitalize on growth of the Indian gaming industry. With the right strategic partners on board, and by working together, we believe in Bingo Nation’s potential to be an overnight sensation creating new history in tribal gaming. A single twig breaks, but the bundle of twigs is strong.”

Interested parties can contact the Company at: info@bingonationusa.com.  

About Bingo Nation

Bingo Nation specializes in tribal gaming, freemium marketing, lottery and interactive technology-based products focused on building memorable brand experiences and more attainable jackpots with better entertainment value. Our portfolio includes innovative proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smart phones, and tracking via secure cloud-based customer accounting systems.  For more information, please visit BingoNationUSA.com.

Forward-Looking Statements

In this press release, the Company makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may," "will," "estimate," "intend," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; U.S. and international economic and industry conditions, including declines in or slow growth of gross gaming revenues or lottery retail sales, reductions in or constraints on capital spending by gaming or lottery operators and bankruptcies of, or credit risk relating to, customers; limited growth from new gaming jurisdictions, and slow adoption of the Company’s technology in  casinos in existing jurisdictions; opposition to legalized gaming or the expansion thereof; inability to adapt to, and offer products that keep pace with, evolving technology; inability to develop successful gaming concepts and content; laws and government regulations, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the gaming, lottery and interactive industries; dependence upon key providers in our social gaming business; inability to retain or renew, or unfavorable revisions of, existing contracts, and the inability to enter into new contracts; level of our indebtedness, higher interest rates, availability or adequacy of cash reserves, cash flows and liquidity to satisfy indebtedness, other obligations or future cash needs; inability to reduce or refinance our indebtedness; restrictions and covenants in our debt agreements, including those that could result in acceleration of the maturity of our indebtedness; protection of our intellectual property, inability to license third party intellectual property, and the intellectual property rights of others; security and integrity of our software and systems and reliance on or failures in our information technology systems; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships.

Additional information regarding risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC (including under the headings "Forward Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for the Company's ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

Bingo Nation Inc.
info@bingonationusa.com
Tel: (888) 475 4098

/EIN News/ --

Distribution channels: Amusement, Gaming & Casino


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