CrowdGather Inc. (OTC: CRWG), developer of social communities and social games, recently announced the launch of Lucky Luau™, the first social casino title developed in partnership with MultiSlot. The 5-reel video slot is now available to play in the Mega Fame Casino & Slots™ on Facebook, iOS, and Android platforms. Plaor continues to build a portfolio of licensed games through extensive industry partnerships.
Investors in the social gaming industry, including companies like Zynga Inc. (NASDAQ: ZNGA), or the larger tech industry, including companies like Alibaba Group Holding Ltd. (NYSE: BABA), may want to take a closer look at CrowdGather as its Plaor subsidiary continues to build its franchise within the social gaming industry expected to grow at a rapid ~18% clip, according to Sandler.
Read the entire press release discussing the new game release here:
Plaor, Inc., a wholly-owned subsidiary of vertical interest social media network CrowdGather, Inc. (OTCQB:CRWG), announced today the launch of Lucky Luau™, the first social casino title developed from its partner MultiSlot. Lucky Luau™ is a 5 reel video slot with stacked wilds and scatter symbol bonuses and is currently available to play in Mega Fame Casino & Slots™ and on the Facebook, iOS, and Android game platforms.
“We are excited to launch our first title from MultiSlot and introduce Lucky Luau™ to the players of Mega Fame Casino & Slots™, said Richard Corredera, Chief Operating Officer of CrowdGather. “At Plaor, we continue to build a portfolio of licensed video slot games and strategic content partnerships that we believe to be one of the most extensive in the industry.”
Multislot co-founder and CEO, Eric Jungels added, “We are very optimistic about partnering with Plaor for their Mega Fame Casino & Slots™ application. The union of Plaor’s truly unique social casino platform with Multislot’s innovative new game Lucky Luau™ should prove to be a winning combination.”
To start playing Mega Fame Casino & Slots™ for free, visit the Facebook App Center, Apple iOS App Store, or Google Play Store now.
About MultiSlot Ltd
MultiSlot is an innovative casino and gaming solutions provider based in the Isle of Man. The company has a portfolio of over 70 GLI (Gaming Labs) Certified casino games for real-money gaming, mobile, land based, and social applications and provides robust back-office, custom-development, and game hosting solutions.
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners, and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.
CrowdGather subsidiary, Plaor, a company that specializes in developing highly scalable multi-platform games, is located in the heart of Boston’s fast growing Innovation District. Plaor produces Mega Fame Casino, an innovative and highly rated social casino available on iOS, Android & desktop. With over 20 employees, the Plaor team is a mix of rising-star newcomers and widely-recognized game development veterans from companies including Rockstar Games, Turbine, Harmonix, Irrational Games, Nanigans, Sony Online Entertainment, ThoughtWorks, THQ, and Caesars Interactive Entertainment.
About Mega Fame Casino & Slots™
Mega Fame Casino & Slots™ is a high quality social casino available now on Facebook, iOS, and Android. Users can play more than a dozen unique slot themes, four types of Hold’em poker, video poker, along with the innovative MegaFame Blvd. Mega Fame Casino & Slots™ features more than 300 celebrities and offers weekly celebrity tournaments bringing truly unique star-studded experiences to social games. Based on Plaor’s unaudited financial statements and without the benefit of marketing and advertising resources CrowdGather will provide, Mega Fame Casino & Slots™ currently has more than 20,000 daily active users and generates approximately $1 million in annualized revenues.
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,”“will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increased revenues from the Company’s forums and Plaor’s social casino; the ability to obtain additional financing; the ability to manage the Company’s growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.