Evolution Technology Resources, Inc. Obtains Financing and Acquires Online Casino – Yahoo Finance

TORONTO--(BUSINESS WIRE)--

Evolution Technology Resources Inc. (ETKR) a firm with its office in Toronto, Canada, received acquisition financing from investment firm Eliseo Partners to acquire an operational, licensed and revenue producing online casino as a foundation to build a portfolio of brands in the growing online gambling and social gaming market.

The global online gambling market is currently worth around $37 billion a year, as about 85 nations across the world have chosen to legalize Internet gambling, according to the American Gaming Association. The United States only has a few jurisdictions which legalized and regulate online casino gambling so far, namely Nevada, New Jersey and Delaware.

The Companys growth strategy is to acquire online casinos and cloud based gambling businesses with operational revenue and track records in order to leverage the success of the underlying business to reinvest into social gaming and other rapidly forming trends as they arise.

About Evolution Technologies Resources, Inc.

Evolution Technology Resources is a business development company that is focused on acquiring intellectual property and assets for cloud computing, high tech and online gaming industries. Evolution Technology Resources is a business development company focused on acquiring intellectual property and assets of the Cloud Computing, Media & Technology, Online Casinos and Social Gaming Sectors.

ETKRsgrowth strategy consists of makingacquisitions and innovations within theonline gambling, social gaming and mobile appsto diversify our portfolio of brands to provide users access to great content. We have offices in Canada and South East Asia and manage a global network of contractors and affiliates providing us deep insight into high impact trends in our industry.Our online gambling platformis a key driver towards revenue growth. We feelstrongly about Asian sports betting as an additional growth factor.

For more information visit: http://www.evotechonline.com

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Evolution Technology Resources, Inc. to be materially different from the statements made herein. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "optimizing," "potential," "goal," and similar expressions, as they relate to the Company, its business or management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in the Company's filings with the OTC Markets.

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Evolution Technology Resources, Inc. Obtains Financing and Acquires Online Casino - Yahoo Finance