Garner Announces Plans for Leisure Equity Group
Online gambling industry expert, Jerry Garner, announces plans for the launch of Leisure Equity Group. The company operates as a private investment group and venture capital fund that invests in gaming and entertainment companies, as well as service companies related to the industry.
- (1888PressRelease) January 11, 2018 - Jerry Garner, a 20 year veteran of the online gambling industry, has announced plans to launch a new venture capital firm that specializes in the online gaming and entertainment marketplace. Leisure Equity Group ( www.leisureequity.com ) will serve as an investment clearinghouse for online casinos, sportsbooks and poker rooms, as well as providing funding for the development of new technologies that will help drive the future growth of the industry.
Having been involved with internet gambling since February 1998, Garner has been involved in just about every aspect of the industry. Projects Garner is known for during his tenure include the development of proprietary casino software platforms, consulting on jurisdiction selection and gambling licenses, establishing data centers and customer service call centers, and implementing dynamic advertising campaigns that span a variety of advertising media.
“I've been involved in the industry since it's infancy,” Garner was quoted as saying, “and helped a lot of key players in this market reap the financial rewards at various stages of their growth. My partners and I decided that it's time for us to bring this profit potential in-house, while also doing our part to advance the industry as a whole.”
Online gambling is often cited as being a fast moving market, and Garner is on track to keep pace with the industry. Offices are currently being established in San Jose, Costa Rica, where the veteran gambling professional has an extensive history. Once the basic infrastructure has been established, Leisure Equity will quickly move into the start-up phase of it's first two projects: the development of a new blockchain-based transaction network to provide services to the online gambling industry, and it's first online casino property, which will also serve as proof of concept for some of the innovations the company intends to invest in.
Operating more as an investment group than as an ownership company, Leisure Equity provides a unique opportunity for smaller investors to cash in on the profits that the online gambling industry offers. Those who dream of owning an online casino but lack the initial start-up capital required for such an operation can place smaller investments into the fund, which not only gives them a stake in the profits, but also diversifies their investment across multiple venues. Online Gambling is an industry that has revenues in excess of $50 Billion USD, with a projected Compound Annual Growth Rate (CAGR) of nearly 11%. This puts the industry at $96 Billion USD by 2024, offering many lucrative investment opportunities for investors and speculators of all sizes.
Conversely, the company can also provide a gateway opportunity for entrepreneurs who have a sound business plan and a portion of their own start-up capital. Leisure Equity Group can not only provide investment capital for these ventures, but will also secure special joint venture opportunities and leverage in-house resources that will give new gambling operators a strategic advantage when entering this market.
Additional information will be forthcoming on the company website at www.leisureequity.com. The website is currently under development, but interested parties are encouraged to sign up for the announcement list to receive special notification when the website goes live.
For additional information, please contact:
Jerry Garner, Executive Director
jerry ( @ ) leisureequity dot com
501-304-2015 (U.S. Line)
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