Contagious Gaming seeks expansion through Trinity Mirror partnership

Contagious Gaming seeks expansion through Trinity Mirror partnership

Tuesday, September 30, 2014 Totally Gaming

Contagious Gaming chairman Charles Shin has spoken of his desire to expand the services of the gaming company and its Contagious Sports subsidiary to a more global audience after it entered into a partnership with UK newspaper publisher Trinity Mirror.

The two companies have completed a $6 million (€4.7 million) equity financing arrangement, with Trinity Mirror subscribing for 625,000 common shares of Contagious Gaming at a price of $0.40 per share.

“We have spent a considerable amount of time and money developing our proprietary in-play, pari-mutuel sports betting platform,” Shin told TotallyGaming.com

“Football is our first sports offering, which is branded as Goaltime.

“Our business model is business-to-business, and we are delighted to have Trinity Mirror as our first major partnership.

“The growth of Contagious Sports and in particular Goaltime will be a function of entering into multiple distribution partnerships and agreements in various countries around the world.

“This will allow us to create a global jackpot initially focused on football.

“As part of our longer-term strategy, we expect to expand into other sports such as hockey, basketball and cricket.”

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