View in Other Languages 7164 6675 6079 5943 5793 5692 5543 5480 5462 5275 5206 4216 
Acquires Innovative Social Betting Platform - betting.club
Acquires Innovative Social Betting Platform - betting.club
Sydney, May 4, 2018 AEST (ABN Newswire) - PlayUp Limited (PlayUp) has acquired online wagering operator betting.club, as part of its continued growth strategy. betting.club was acquired from its owners which comprised three of Sydney's leading club organisations - the iconic Mounties Group, Campsie RSL and Club Rivers.

- Further acquisition and growth for PlayUp Limited

- Provides greater distribution for the PlayChip among high volume wagering platform

- Represents a first step towards in venue

- First step towards in venue use of PlayChip for wagering payments and rewards

betting.club offers punters the chance to bet and be social in the one platform. The betting.club social betting platform allows players to rate and share form, share tips and bets, was well as share wins with mates and fellow punters.

Daniel Simic, PlayUp CEO commented: "betting.club has been on our radar for sometime as they have built a truly social wagering platform used by a high volume of punters as well as developed an innovative app and online presence. We're committed to enhancing the social and community focus of the platform as well as integrate the PlayChip as an optional wagering payments and rewards offering."

Kelly Signell, CEO, betting.club said: "PlayUp has significant momentum and importantly has demonstrated to us their ability to grow and engage online communities which is fundamental aspect of betting.club. We're pleased to see betting.club now join the PlayUp ecosystem and our clients will no doubt benefit from the opportunity to use the PlayChip Utility Token in both the online platforms and potentially in some of the largest club venues in Australia."

The PlayChip Utility Token

Developed in Australia, the PlayChip Utility Token is a crypto-asset built on the Ethereum blockchain, and is set become a universal payment and rewards currency for gaming and wagering.

PlayUp.com will be the world's first wagering platform to use the PlayChip and it will form the foundation to facilitate the decentralisation of the wider PlayUp ecosystem and gaming platforms, allowing sports fans to connect, compete and collect, irrespective of their location. In addition to betting.club, DraftStars, ClassicBet, TopBetta and MadBookie will also shortly incorporate the PlayChip within their payments and rewards systems.

* As announced on 09 April 2018, PlayUp has agreed to merge with Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF), subject to the approval of the ASX and NASDAQ and regulatory approval requirements. Upon the completion of the merger it is anticipated that the company's securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX.

About Mission NewEnergy Limited

Mission New Energy ASX:MBTMission NewEnergy Ltd (ASX:MBT) (OTCMKTS:MNELF) is an Australian Securities Exchange ("ASX") listed company.

    



About PlayUp

PlayUp Limited is a technology developer as well as a fully operational Fantasy Sports, Sports Betting and Online Gaming Platform. PlayUp Limited operates PlayUp.com, ClassicBet and DraftStars within its gaming and wagering ecosystem. PlayUp Limited will deliver the world's first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.

PlayUp.com currently has more than 400,000 registered users and is represented by global sporting icons such as Brett Lee, who has amassed a social network of over 4 million sports fans. PlayUp.com offers Daily fantasy challenges which are free to play and easy to enter. Users simply create their fantasy team by selecting a line-up of real world players and the platform operates in real-time. As users move up the leader board they can win PlayChips and purchase prizes from the PlayUp.com Store. PlayUp.com offers daily fantasy challenges across the worlds biggest leagues from Cricket, Football, Basketball, Kabadddi, Rugby League, Ice Hockey, Basketball, Australian Football, American Football with plenty more on the way.

PlayUp Limited currently employs 27 fulltime employees with offices in Sydney (HQ), Melbourne, Darwin and Hong Kong. PlayUp Interactive Pty Ltd, a wholly owned subsidiary of PlayUp Limited, is a licensed gambling operator in Australia.

* As announced on 09 April 2018, PlayUp has agreed to merge with Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF), subject to the approval of the ASX and NASDAQ and regulatory approval requirements. Upon the completion of the merger it is anticipated that the company's securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX.

   


Contact

Michael Henderson
DEC PR
Phone +61 413 054 738
m.henderson@decpr.com.au


Related Companies

PlayUp              
Mission NewEnergy Limited              

ABN Newswire This Page Viewed:  (Last 7 Days: 224) (Last 30 Days: 962) (Since Published: 4216) 
ANALYTICS: LOGIN HERE

PlayUp NEWS: RECENT VISITS (15109)

View in Other Languages 7164 6675 6079 5943 5793 5692 5543 5480 5462 5275 5206 4216  (68528)

Social Media