Ault Alliance Announces BitNile.com, Inc. to Expand Its Social Gaming with Launch of Blackjack on September 1, 2023
28 August 2023 - 8:30PM
Business Wire
Ault Alliance Inc. (“Ault Alliance” or the
“Company”) announced today that the metaverse platform,
BitNile.com (the “Platform”), will be expanding its social
gaming experience with the launch of Blackjack expected on
September 1, 2023. The Platform is owned and operated by
BitNile.com, Inc. (“BNC”), a wholly owned subsidiary of
BitNile Metaverse, Inc. (Nasdaq: BNMV), which is a consolidated
minority beneficially owned subsidiary of Ault Alliance. BNC
believes that the popular casino game will increase revenue from
the sale of in-world coins that are required to play its new and
exciting Blackjack sweepstakes-based game.
BNC previously introduced social gaming on the Platform with the
release of roulette, offering users an opportunity to play for fun
or real money prizes through a sweepstakes model. The introduction
of coin packages in the Platform, which users can purchase in
varying denominations, has generated a revenue opportunity for BNC.
BNC looks forward to adding other games in the future that are
currently under development.
“We are very pleased that the Platform will be launching
Blackjack as a part of its social gaming experience. I am excited
to see the team at BNC harnessing its potential to generate
significant revenue. More importantly, this new addition
underscores BNC’s commitment to deliver a rich, engaging metaverse
experience. While it’s still early in the ramp-up cycle, there is
tremendous potential for future growth. There is a world of
opportunities yet to be explored,” stated Milton “Todd” Ault, III,
Executive Chairman of the Company and BNC.
Users can access and explore the early-access version of the
Platform and receive updates by visiting https://BitNile.com.
Sweepstakes are only open to residents of the United States
(other than residents of Idaho and Washington) who are at least
eighteen years old or the age of majority in their jurisdiction
(whichever occurs later) at the time of entry. Participation is
void where prohibited by law.
For more information on Ault Alliance and its subsidiaries, Ault
Alliance recommends that stockholders, investors, and any other
interested parties read Ault Alliance’s public filings and press
releases available under the Investor Relations section at
www.Ault.com or available at www.sec.gov.
About Ault Alliance, Inc.
Ault Alliance, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, Ault
Alliance owns and operates a data center at which it mines Bitcoin
and offers colocation and hosting services for the emerging
artificial intelligence ecosystems and other industries, and
provides mission-critical products that support a diverse range of
industries, including metaverse platform, oil exploration, crane
services, defense/aerospace, industrial, automotive,
medical/biopharma, consumer electronics, hotel operations and
textiles. In addition, Ault Alliance extends credit to select
entrepreneurial businesses through a licensed lending subsidiary.
Ault Alliance’s headquarters are located at 11411 Southern
Highlands Parkway, Suite 240, Las Vegas, NV 89141;
www.Ault.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are
made, and the Company undertakes no obligation to update any of
them publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.gov and on the Company’s
website at www.Ault.com.
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Ault Alliance Investor Contact: IR@Ault.com or
1-888-753-2235
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