NEW YORK--(BUSINESS WIRE)-- Elray Gaming (OTC.BB:ELRA) a developer of turnkey gaming products, announced plans to develop a host of social networking and mobile applications for the investor community.

US Gaming Laws

Brian Goodman, CEO of Elray Gaming commented “This is in line with Elray’s overall strategy to offer high tech state of the art gaming products, strengthening the companies positioning to benefit from the inevitable change in gaming legislation in the U.S.A. Last month the U.S. Justice Department issued an opinion that in-state internet gambling does not violate law and states are already working towards legalizing online gambling.”

Mr. Goodman said, “It is inevitable that online gaming in the USA will be allowed in certain States and this will not only be a positive result for Elray but for the gaming community as a whole.”

Elray Gaming is in the process of finalizing a Joint Venture with one of the world’s largest global financial service providers.

Elray Gaming will provide a financial trading platform offering real money financial service trading facilities (non USA) as well as a Fantasy Trading / Social Networking products in Stock, Options and currency markets.

Fantasy Stock Market and Forex Applications

Elray Gaming will launch a suite of products aimed at capitalizing on the rapidly growing Social Network and Fantasy Markets. All products will be accessible via the web as well as smart phones, and will allow a network of active investor community. These products will provide Elray Gaming an additional growth component in its online gaming portfolio, and develop an active network of customers interested in the financial markets.

Elray Gaming strictly complies with all local laws and jurisdictions, and the UIGEA (The USA's Unlawful Internet Gambling Enforcement Act of 2006).

About Elray Gaming

Elray Gaming is an established Global Online Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. www.elraygaming.com.


Source: Elray Gaming