VIP Entertainment Technologies Inc. Secures Second White Label Contract with First Nations Band in Alberta

Technology
Friday, April 26th, 2024 1:58 pm EDT

VIP Entertainment Technologies Inc. (TSXV:VIP) , ( OTC:VETIF)  (“VIP ” or the “Company ”), a leading player in the iGaming industry, is proud to announce the signing of a second white label contract with a prominent First Nations band in Alberta. This partnership marks a significant step forward in the Company’s commitment to providing top-notch gaming solutions tailored to diverse communities.

Under this agreement, VIP will deliver a customized iGaming platform that reflects the unique cultural identity and preferences of the First Nations band. By leveraging cutting-edge technology and a deep understanding of the gaming landscape, VIP aims to create a seamless and engaging gaming experience for players while fostering economic growth and opportunities within the community.

“We are thrilled to expand our white label services to include this esteemed First Nations band in Alberta,” said Randy Jennings, CEO of VIP. “This partnership underscores our dedication to diversity and inclusion in the iGaming sector, and we look forward to delivering an exceptional gaming platform that resonates with players and reflects the rich heritage of our partners.”

VIP Partners with The Festival Series for Exciting Sponsorship in Malta

In another exciting development, VIP has forged a strategic partnership and sponsorship agreement with The Festival Series, a premier poker event set to take place in Malta from September 9th to 15th, 2024. This collaboration underscores the Company’s commitment to supporting and elevating the global poker community.

As a key sponsor of The Festival Series, VIP will provide exclusive benefits to players, including VIP access to events, travel accommodations, and more. This partnership not only strengthens the Company’s presence in the international gaming scene but also highlights its dedication to delivering unparalleled experiences to players worldwide.

“We are delighted to join forces with The Festival Series and contribute to the success of this prestigious event,” commented Randy Jennings. “Our sponsorship reflects our passion for poker and our commitment to fostering a vibrant and dynamic gaming ecosystem. We look forward to welcoming players to Malta for an unforgettable poker extravaganza.”

Shim and Associates Resigns as Auditor of VIP

Finally, VIP announces the resignation of Shim and Associates LLP (“Shim”) as its auditor.   Shim resigned on their own initiative and advised that its resignation is a business decision.  The resignation of Shim is not related to “reportable events”, “disagreements” or “unresolved issues” (as those terms are defined in National Instrument 51-102 – “Continuous Disclosure Obligations”) in connection with the change of auditor.  VIP expresses gratitude for Shim’s contributions and wishes them continued success in their endeavors.  The Company is expecting to engage a successor auditor very soon.

For further information please visit www.vipentertaingroup.com or contact:

Randy Jennings

CEO

randy@vipentertaingroup.com

403-899-9319

About VIP Entertainment Technologies Inc.:

VIP is a leading provider of iGaming solutions, offering a wide range of casino games, sports betting options, and poker tournaments. With a focus on innovation and customer satisfaction, VIP aims to deliver exceptional gaming experiences to players globally.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that VIP anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass.

Forward-looking statements are based on assumptions, including expectations and assumptions concerning the Company’s growth plan. While VIP considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative, tax and regulatory developments. Readers are cautioned that the foregoing list is not exhaustive and other risks set out in public disclosure recorded and filed under the Company’s profile on www.sedar.com. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. For more information on the risk, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of VIP which are available on SEDAR at www.sedar.com. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. VIP disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.