BitNile.com to Expand its Social Gaming with Launch of Blackjack on September 1, 2023
14 Août 2023 - 2:30PM
Business Wire
BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile
Metaverse” or the “Company”), announced today that its
metaverse platform, BitNile.com (the “Platform”), will be
expanding its social gaming experience with the launch of Blackjack
expected on September 1, 2023. BitNile.com believes that the
popular casino game will increase revenue from the sale of in-world
coins that are required to play its new and exciting Blackjack
sweepstakes-based game.
BitNile Metaverse previously introduced social gaming on the
Platform with the release of roulette, offering users an
opportunity to play for fun or real money prizes through a
sweepstakes model. The introduction of coin packages in the
Platform, which users can purchase in varying denominations, has
generated a revenue opportunity for the Company. The Company looks
forward to adding other games in the future that are currently
under development.
BitNile Metaverse, through its wholly owned subsidiary
BitNile.com, Inc. (“BNC”), owns and operates the
Platform.
“We are very pleased to announce that BitNile.com will be
launching Blackjack as a part of its social gaming experience. I am
excited to see the team at BitNile.com harnessing its potential to
generate significant revenue. More importantly, we are underscoring
our commitment to deliver a rich, engaging metaverse experience.
While it’s still early in our ramp-up cycle, there is tremendous
potential for future growth. There is a world of opportunities yet
to be explored,” stated Milton “Todd” Ault, III, Executive Chairman
of BNC.
Users can access and explore the early-access version of the
Platform and receive updates by visiting https://BitNile.com.
Sweepstakes are only open to residents of the United States
(other than residents of Idaho and Washington) who are at least
eighteen years old or the age of majority in their jurisdiction
(whichever occurs later) at the time of entry. Participation is
void where prohibited by law.
About BitNile Metaverse, Inc.
Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns 100% of
BNC, including the BitNile.com metaverse Platform. The Platform,
which went live to the public on March 1, 2023, allows users to
engage with a new social networking community and purchase both
digital and physical products while playing 3D immersive games. In
addition to BNC, BitNile Metaverse also owns three non-core
subsidiaries either directly or indirectly: approximately 66% of
Wolf Energy Services Inc. (OTCQB: WOEN) indirectly; 100% of Zest
Labs, Inc. directly; and approximately 89% of Agora Digital
Holdings Inc. directly. BitNile Metaverse also owns approximately
70% of White River Energy Corp (OTCQB: WTRV).
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and BitNile Metaverse will not undertake any obligation to update
any of these statements publicly in light of new information or
future events. Actual results could differ materially from those
contained in any forward-looking statement as a result of various
factors. In addition to risks relating to the acceptance of the
Platform by individuals, competition with much larger companies
operating metaverses and BitNile Metaverse’s ability to raise
capital, investors should review risk factors, that could affect
BitNile Metaverse’s business and financial results which are
included in BitNile Metaverse’s filings with the U.S. Securities
and Exchange Commission, including, but not limited to, Forms 10-K,
10-Q and 8-K. All such filings are available at www.sec.gov and on
the companies’ websites at www.BitNile.net.
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