SeanieMac Ltd. Surpasses Turnover Milestone with Strategic Growth in Sight
SeanieMac Ltd. (OTCBB: BETS), an Irish gaming company, recently reported a remarkable achievement in its business operations. The company has successfully exceeded the $12,000,000 annualized turnover mark following the first week on its new platform. This accomplishment comes as part of the firm’s strategic plan to escalate its turnover, with the objective of reaching $24,000,000 in November and further doubling that figure to $48,000,000 by December. This progression is aimed at positioning the company to generate positive cash flow on a monthly basis.
The company is currently finalizing a Line of Credit, anticipated to be concluded in November. The necessary closing documents are with the company’s counsel and both parties are diligently working towards securing final approval from the lending institution. The anticipated completion of this credit facility is expected to provide SeanieMac with the additional capital required to advance its growth strategies.
SeanieMac operates SeanieMac.com, an online sports and casino wagering platform. This platform offers a diverse array of gambling services and is specifically tailored to the Irish market, with a focus on Gaelic Athletics Association (GAA) or Gaelic Games, Irish horse racing and soccer. These sports hold a special place in Irish culture and are gaining international traction, particularly in areas with a strong Irish diaspora. Similarly, the company’s platform is designed to cater to a wide range of betting preferences, which include traditional casino games, live casino experiences, poker, bingo and interactive skilled games.
The Irish gambling industry has demonstrated strong performance historically, with revenues reaching approximately $18.7 billion in 2011. The online sector of this industry alone is projected to achieve $3.2 billion in 2012. SeanieMac’s mission is to cement itself as a premier online gambling platform by offering a user-friendly experience that appeals to various betting interests.
The company’s forward-looking statements, which outline expectations for future stakes, gross profits and marketing initiatives, are subject to risks and uncertainties. These include shifts in consumer preferences, the potential decrease in popularity of its offerings and competition within the online gambling industry. SeanieMac acknowledges these risks and has stated that it does not plan to update its forward-looking statements.
SeanieMac Ltd. has reached a significant turning point in its growth trajectory by surpassing key turnover milestones and setting ambitious targets for the immediate future. The company’s strategic emphasis on the Irish market and its dedication to providing a comprehensive online gambling experience highlight its commitment to growth and service excellence.
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