Coastal Integrated Services (COLV) acquires International Casino Operators “Olympian Group”
Company’s Gr88.com Website Handles Over $10 Million in Online Betting
Coastal Integrated Services (COLV – Pink Sheets) has entered into a Definitive Merger Agreement to Acquire 100% of the International Online Casino and Sportsbook operator ‘OLYMPIAN GROUP’ (www.olympiangroup.com).
Newly appointed CEO of Coastal Integrated Services, Clifford Redekop stated: “Our first order of business will be to launch into targeted Asian markets. With a strong history of successfully acquiring new markets in the online gaming space, Olympian is now poised for the upcoming launch. Olympian’s Sportsbetting and Casino brand www.GR88.com , was originally conceptualized as an Asian gaming site in 2009, and now with over 6 years of successful gaming operations, our team feels very strongly that the timing is perfect for the full B2C push into Asia.”
Gr88.com took in over $14 million in gambling bets in 2014, a 374% increase over the previous year. The Company expects revenues to continue to climb with the newly organized marketing campaign about to get underway.
“As part of the Merger Agreement, there will be a corporate reorganization which will include a 1-for-100 reverse stock split which will position us to qualify for NASDAQ listing in the next 12 months. Olympian has primarily concentrated its efforts on B2B operations from 2009 - 2013 and has since re-focused attention in 2014 on GR88.com. We know we have something special with this brand and will focus on Gr88 as our flagship site with significant marketing and driving brand recognition,” said Redekop.
For further information contact: Media@OlympianGroup.eu
Investor Relations direct telephone: +1 702 326 3615
About Olympian Group: www.OlympianGroup.com
Olympian Group is an independent 360-degree online gaming management solution in operations since 2009. Olympian’s Executive Team is assembled from top international Online Gaming organizations. Olympian offers 100% turnkey operations and works with top software providers to ensure the highest quality gaming experience for represented and proprietary online gaming brands.
About GR88.com: www.GR88.com
GR88.com offers the highest quality entertainment with first class games from world leading gaming technology partners, superior 24/7 customer service and a simple, easy-to-navigate interface. Backed by a highly experienced international team, GR88.com was designed to bring more fun to the online experience.
About Costal Integrated Services Inc:
Costal Integrated Services is a publicly traded company on the OTC Markets under the symbol ‘COLV’.
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- Contact Information
- Clifford Redekop
- Olympian Group
- (1) 702 326 3615
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