VLeague and Mojo Games, a division of Sterling Group Ventures, announce strategic partnership to provide online social games and poker tournaments to Alibaba Sports Group, AliSports.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 2, 2016) - Sterling Group Ventures, Inc. ("Sterling") (OTCQB:SGGV) pleased to announce a strategic partnership with VLeague Internet Technology Company Limited, a China corporation who is the exclusive online social gaming provider for Alisports’ Chess and Card Division.
The partnership between VLeague and Mojo has been formed as part of an online strategy to support Alisports’ recently announced plans to launch a worldwide poker tour. Officials from the Alibaba Sports Group held a press conference Tuesday in Shanghai to announce the International Poker Tour (IPT), a new poker tour with events to take place in China, Asia Pacific, North America and Europe with an estimated more than $7 million in tournament prize money to be awarded over the first year of the tour.
VLeague will work together with Mojo to provide Mojo’s leading social iGaming platform and online poker technology to power the Alisports’ online IPT site. Players will have the opportunity to compete in online poker tournaments to win seats to Alisports’ land based poker tour events. Players will also be ranked based on their tournament play in online and offline IPT events.
Siliang Hao, the Head of AliSports’ Chess and Card Division said: "Launching our online IPT tournaments in partnership with VLeague and Mojo’s social iGaming platform and poker games ensures we provide our IPT players with a fair, competitive and entertaining online poker experience. The IPT online site is a key part of our strategy to make the Alisports International Poker Tour a leading event in China and worldwide"
Fred Liu, CEO, VLeague, said: “We are committed to a successful long term partnership with Alisports leveraging Mojo’s technology to provide a top grade solution for Alisports. The Mojo social iGaming platform provides us with a flexible turnkey solution that allows us to tailor our poker and social gaming offering to meet the needs of Alisports. It also gives us the ability to integrate new games seamlessly in the future.”
Nick Mellios, CEO, Mojo, said: “The partnership opportunity with VLeague to support Alisports is a great win for us which we expect will significantly increase our global reach and generate considerable recurring revenue in future years. We are delighted that we have been chosen and we look forward to helping our partners make the IPT a tremendous success.”
About Mojo Games, a division of Sterling Group Ventures
Mojo Games provides a B2B multi-gaming platform with a full suite of social play money gaming products, including online poker. Mojo offers B2B partners both API integrated and turnkey white label licensing options with advanced and customizable iGaming back-office features, player rewards and marketing, affiliate, and ecommerce solutions.
About VLeague Internet Technology Company Limited
Established by Emerald America Investment Company (Hong Kong), VLeague Internet Technology specializes in the organization, publication and execution of international software platforms in China. VLeague's professional team is known for its placement and networking capabilities, connecting and integrating multiple channels, and marketing strength in building business value.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 16, 2016) - Sterling Group Ventures, Inc. ("Sterling") (OTCQB:SGGV) is pleased to report that on November 11th, 2016, it signed a definitive share exchange agreement with Euroclub Holding Ltd ("Euroclub"). As a result, Euroclub will become a subsidiary of Sterling with business partners operating in Brazil, Russia, India, China and Europe. The company's online gaming platform is currently being launched nation-wide in India and China.
As a result of the acquisition, Mr. Nicolaos Mellios, the founder, CEO and significant shareholder of Euroclub, who resides in Vancouver, British Columbia, has been appointed CEO of Sterling. Mr. Mellios has been in the online gaming business since 1999. Mr. Nick Mellios, BSc, MBA, is responsible for overall technical and strategic management, and brings a broad background in technology and business development to his lead role at Euroclub. As co-founder and CEO, he has been responsible for raising financing, and assembling the technical and operations teams to build and support Euroclub's social and real money iGaming platform [...] Read more
Nicolaos Mellios – Chairman and CEO
Mr. Nicolaos Mellios, the founder, CEO and significant shareholder of Euroclub, who resides in Vancouver, British Columbia, has been appointed CEO of Sterling. Mr. Mellios has been in the online gaming business since 1999. Mr. Nick Mellios, BSc, MBA, is responsible for overall technical and strategic management, and brings a broad background in technology and business development to his lead role at Euroclub. As co-founder and CEO, he has been responsible for raising financing, and assembling the technical and operations teams to build and support Euroclub's social and real money iGaming platform. He also leads business development efforts negotiating agreements with on-line and land-based gaming operators, and third party gaming providers. Prior to Euroclub, Mr. Mellios was the CEO of Yummy Interactive. Mr. Mellios co-founded Yummy to build a games-on-demand distribution and DRM (digital rights management) solution for mobile/broadband service providers, and application/game developers and publishers. Prior to Yummy, Nick held positions in New Business Development and Program Controls Management at Hughes Aircraft. He graduated from the University of British Columbia with an MBA and a bachelor of science in mathematics.
Patrick Martin – Director
Patrick Martin, BSc, MBA, is the principal of business strategy at Zappos since 2014 and one of the architects of the current best customers strategy. He has expanded the data science and business intelligence capabilities of the organization. He has additionally held previous roles as a product manager at Zappos, and a senior engineer and development director at Electronic Arts Sports. Mr. Martin's areas of expertise include business strategy, technology management, big data and on-line/direct marketing. He received his BSc in Computer Software Engineering from the University of British Columbia and received his MBA from Northwestern University's Kellogg School of Management.
Sachin Pawa - Director
Sachin Pawa, BBA, MBA, has over 10 years of experience in building gaming ventures in India. He co-founded and developed Sol Entertainment Private Ltd., the operating company of the Crown Casino in Goa, India. He was the chief executive officer of Online for Playwin, India's largest licensed lottery business. He was also the co-founder and CEO of Blue Square Services, which operated the site Maharjahclub and was licensed in the United Kingdom. He has also set up and managed various successful retail stores and operations for distribution of mobile devices, including partnerships with the major network carriers in the United States. He graduated from the University of Technology, Sydney, Australia, with an MBA and from the Apeejay School Of Management in Delhi, India, with a BBA.
Christopher Tsakok – Director
Christopher Tsakok, former Chairman and CEO, has been in the investment business for the past 10 years and is currently President and CEO of Richco Investors, Inc., a company whose principal business is to provide financial, management and other administrative services to early development stage business. He holds a Bachelor of Commerce (B.Comm.), an MBA degree, and is a Chartered Financial Analyst (CFA).
Robert G. Smiley – Director
Mr. Smiley is a business consultant working with junior companies. He has been self-employed in this capacity for the past ten years. He is a former lawyer who specialized in oil and gas and securities law for twenty-five years. He is currently a Director of Richco Investors Inc., Canadian Imperial Ventures Corp., Teuton Resource Corp. and Silver Grail Resources Inc. He has served on the boards of a number of junior and intermediate companies in the past.