Royal Wins Corporation (CSE: SKLL) (OTCQB: RYWCF) ("Royal Wins" or the "Company"), an innovative hyper-casual digital games studio with world's first fully-licensed, real-money, pure-skill gaming platform, is pleased to announce that Charles Vycichl has been appointed to the Company's Board of Directors and will serve as the Board's Non-Executive Chairman and a Member of Board Committees.
Mr. Vycichl is a professional lawyer with over 40 years' experience dealing with global projects for complex international legal transactions in the pharmaceutical, chemical, and oil industry, as well as internet and telecommunication fields, including within the legal department of Fortune 100 and Fortune 500 companies. While being a generalist in business law, Mr. Vycichl has an in-depth exposure to the EU competition, intellectual property, acquisitions, and joint venture laws.
CEO Peter Gan commented: "We are pleased to welcome Charles Vycichl to the Royal Wins Board. Charles' experience will compliment and further the Board's strategic expertise."
Following today's announcement, Royal Wins' Board has been increased to six Directors.
About Royal Wins Corporation
Royal Wins is an innovative digital games studio pioneering pure-skill gaming with real cash prizes available on mobile casual games. Established in 2014, we design, develop, and operate real-cash prize skill games to disrupt and dominate the online gaming space, so that all players of legal age can play and win life-changing jackpots and prizes based on their skill as opposed to pure chance and odds. Our primary innovation and intellectual property centres around solving big data problems surrounding skill gaming mechanics, algorithms pertaining to balancing cash prizes, game difficulty modules, and maintenance of Return-to-Player (RTP) percentages.
Royal Wins has released a suite of pure-skill mobile games on Android and iOS mobile/tablet platforms.
Royal Wins is listed on the Canadian Securities Exchange under the ticker symbol SKLL and on the OTCQB under the ticker symbol RYWCF.
For more information, please contact:
Royal Wins Corporation
Phone: 1 647 249 9299, ext. 305
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the Company's filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements regarding the Company's unaudited financial results and projected growth. Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are subject to inconsistent legislation and regulation; change in laws; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and recreational-use marijuana industry and; regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Royal Wins Corporation disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
No securities regulator or exchange has reviewed, approved, disapproved, or accepts responsibility for the content of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106779