South American Gold Corp to develop GambleIllinois.com
Las Vegas, Nevada, September 14, 2017 -- South American Gold Corp. (OTC: SAGD) is pleased to announce that it has begun the development process of GambleIllinois.com, a recently acquired URL by its Sarge Delphi Division.
"Video gaming is a multi-billion-dollar operation in Illinois, and our direct relationship and recent conversations with a video slot machine license holder has yielded an immediate opportunity for our Sarge Delphi division," said David Reeves, President and CEO of South American Gold Corp.
A gaming license holder will buy advertising at the new website, producing an immediate revenue stream for the company. Gaming outlets that desire to be featured in the interactive map will be charged monthly participation fees for their inclusion, and can purchase additional advertising for their operation.
"Gambling in Illinois isn't as concentrated and localized like we see in Las Vegas. There's no Strip" said Reeves, referring to the most popular street in Las Vegas. "Getting people to gaming outlets in Illinois requires a precise touch, and our new website will meet the needs of gamblers and gaming outlets in Illinois."
Presently in Illinois there are more than 24,000 video gaming machines in locations like bars, coffee shops, restaurants, and convenience stores, a number equivalent to 20 Nevada casinos. For the previous 12 months ending July 31, 2017, the Illinois Gaming Board reported that video gaming enthusiasts poured more than $15.4 billion into video slot machines. In no month over that span was less than $1.1 billion wagered.
"Gaming is the real deal in Illinois," continued Reeves, "and our interactive map and website will become the go-to guide for anyone looking for video slots in any settings that appeal to locals and vacationers alike."
The website will eventually evolve to include listings for nearby hotels, rental car agencies, and other relevant attractions localized to each gaming location featured on the site.
About South American Gold Corp:
South American Gold Corp is a publicly traded company on the OTC under the symbol SAGD, focused on enhancing shareholder value by acquiring and operating undervalued assets.
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Corporate Website: www.sagdcorp.co
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Disclaimer: This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "looks," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of South America Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, South American Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release may incorporate by reference the Company's reports and other filings. Investors are encouraged to review all filings. There is no assurance South American Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential projects and/or acquisitions will be favorable nor that definitive terms can be negotiated. Investors should consult their financial advisor before making an investment in a company.