Empire Global Corp. acquires five land-based locations in Italy

13 Jul 2015

(PRESS RELEASE) -- Empire Global Corp. is pleased to announce that through its wholly owned subsidiary Multi Gioco it has signed a binding Letter of Intent to acquire five additional Bersani licensed corner locations. The acquisition will increase our corner distribution from 3 to 8 shops and doubling our land-based operations from 5 to 10 locations.

The acquisition is subject to due diligence and AAMS regulatory approval.

"Our land-based segment build-out is unfolding as planned," stated Michele Ciavarella, CEO of the Company, "although we have a solid pipeline of potential acquisitions the Company is maintaining a prudent strategy, and expect new locations to have an immediate impact on our gaming business profits."

The Company continues to progress on renovations and rebranding in our existing Web-based shops, and focussed on increasing our land-based footprint ahead of the 2016 license tender in Italy.

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	Empire Global Corp. acquires five land-based locations in Italy 13 Jul 2015 (PRESS RELEASE) -- Empire Global Corp. is pleased to announce that through its wholly owned subsidiary Multi Gioco it has signed a binding Letter of Intent to acquire five additional Bersani licensed corner locations. The acquisition will increase our corner distribution from 3 to 8 shops and doubling our land-based operations from 5 to 10 locations. The acquisition is subject to due diligence and AAMS regulatory approval. "Our land-based segment build-out is unfolding as planned," stated Michele Ciavarella, CEO of the Company, "although we have a solid pipeline of potential acquisitions the Company is maintaining a prudent strategy, and expect new locations to have an immediate impact on our gaming business profits." The Company continues to progress on renovations and rebranding in our existing Web-based shops, and focussed on increasing our land-based footprint ahead of the 2016 license tender in Italy.