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Council seat represents another Integral building block in the Company's global development strategy; Transparent and Fair Pure Skill Gaming
Royal Wins Corporation. (CSE: SKLL) ("Royal Wins" or the "Company") is pleased to announce that the Company has been invited to be a founding member of the newly constituted Skill Integrity Council ("Skill Council") https:skillintegrity.org.
The Skill Integrity Council was established in 2020 as a not-for-profit membership-based organization. The Council aims to establish a self-regulatory structure for the competitive Player to Player ("P2P") skill-based gameplay sector. Members believe that adopting a self-regulatory structure improves the integrity, transparency, equity, and inclusivity of P2P skill-wagering gameplay, as creating a more accessible, engaging and rewarding experience for all players. For this very reason, the Skill Integrity Council established a forum where industry stakeholders such as game publishers, developers, platform operators and other stakeholders can participate in positive and productive ways that would contribute to industry's growth and success.
"Worldwide adoption of P2P skill-based gaming is seeing explosive growth across both PC and Mobile sectors. It is now becoming increasingly important to form alliances worldwide to ensure that players and gaming professionals alike remain protected," declared President and CEO, Peter Gan. "As Royal Wins' global development strategy includes entering new markets worldwide, we must stress the importance of the values that make up the Skill Integrity Council in all our current and future games and platforms."
Skill Integrity Council founding Director and Royal Wins Advisor Alex Igelman commented: "The Skill Council envisions more connected and enjoyable skill-based gameplay experiences for the P2P community. By assembling a brain trust that can propel the skill-based gaming industry forward, we are able to standardize best practices, conduct skill-based certifications, facilitate state-of-the-art technology integration, and promote 360-degree utilizations of existing data assets, thereby creating a level playing field for players."
About Royal Wins
Royal Wins is an innovative digital games studio pioneering skill game wagering and betting on mobile casual games. Established in 2014, we design, develop, and operate real money wagering skill games, to disrupt and dominate the online gaming space such that all players of legal age can play and win life-changing jackpots and prizes on their skill instead of only on chance and odds. Our primary innovation and intellectual property centres around solving big data problems around skill gaming mechanics, algorithms pertaining to balancing cash jackpots, 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 via their skill gaming app, the Kash Karnival.
Royal Wins is listed on the Canadian Securities Exchange under the ticker symbol SKLL.
For more information please contact:
Royal Wins Corporation
Nicholas Konkin
Communications Director
Phone: 1 647 249 9299, ext. 305
E-mail: ir@royalwins.com
Forward Looking Statements
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/96567
