WINIT365 – Intention to list on UK Aquis Exchange

WINIT365 (“WINIT365”) the gaming software provider and developer of the world’s first online, multi- player multi-platform Mahjong game, is pleased to announce that it is seeking to list on the UK Aquis Exchange.

The Directors of WINIT365 are both pleased and satisfied that the company has hit its operational and development milestones, and as a result is now well positioned to seek a listing in Q3 2023 on the UK Aquis Exchange. The application process is at an advanced stage, with a Corporate Broker and Nominated Adviser advising WINIT365 on the listing.

Operational update

Since our December 2022 trading update, and following a programme of rigorous and exhaustive testing, including code quality assessment, wallet integrations and language pack extensions, the WINIT365 team has brought to market the world’s first multi-player, multi-platform Mahjong game. The game was successfully launched in Asia by software giant Amelco* and continues its strong growth in wagers and generates tens of thousands of transactions each day delivering several thousand pounds of wagered profits per day.. This roll out is currently sub 30 partner sites and is planned to grow to several hundred before the calendar year end and several thousand in the following year.

CEO Philip Danielson commented, “I am delighted to report to you that the rapid progress and rollout following the launch into Asian markets by our partner Amelco has continued, and we are seeing consistent growth in value of pay-per-play games and revenues into the business. The New Year’s Eve 2022 launch and roll out across top tier affiliate networks created strong momentum, and as this growth continues to accelerate, the Board now believes the time is right to bring WINIT365 to the London market and the Aquis Exchange.

“I look forward to providing further updates on operational progress and the Aquis listing in the coming weeks and months.”

*WINIT365’s go to market partner Amelco is one of the largest online gaming and betting platforms in the world, and will provide us with access to its other top tier global gamers in the US, Europe and Far East Asia.

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Notes to editors;

Mahjong is a traditional Asian table game which is still largely played physically between four players and is the national game in China. It is estimated that there are 700 million players worldwide, making it 5 times the size of the global poker market.  Mahjong has a long and venerable history with roots from the early Ming Dynasty and has continuously developed from its’ origins in Chinese dominoes in 1120 A.D. The current form of the game originated in the early 19^th Century and is considered to be the world’s largest gambling game. WINIT365 now offers the only HTML5 based Mahjong game available where players can play online for real money.

The primary market for WINIT365 is Asia given that Mahjong and its territorial variations are broadly played throughout the region (particularly in Eastern and SE Asia) and are now embedded in Asian culture. There is also considerable scope for growth across Western nations and in other parts of the world.

It is anticipated that WINIT365’s technical expertise and deep understanding of the market will provide a unique and exciting opportunity for the current and next generation of Mahjong players, added to which the WINIT365 UK payments wallet will provide a unique competitive advantage for a UK company in the Asian market.