Welcome to our dedicated page for Greenlite Ventures news (Ticker: GRNL), a resource for investors and traders seeking the latest updates and insights on Greenlite Ventures stock.
Greenlite Ventures, Inc. develops blockchain-powered platforms for online gaming, sports entertainment, and digital assets. Company news centers on daily fantasy sports products, the No Limit platform ecosystem, NoLimitCoin token usage, crypto exchange development, prediction-market concepts, and compliance controls such as KYC, geofencing, and jurisdiction-specific access.
Recurring updates also include strategic advisory and investor relationships in gaming, poker, sports media, and financial markets, along with capital-structure actions and steps tied to public-company reporting. Greenlite’s announcements generally connect its software development efforts with decentralized gaming, sports betting exchange concepts, crypto trading infrastructure, and AI-enabled analytics for interactive entertainment.
Greenlite Ventures (OTC PINK:GRNL) announces expansion of its blockchain operations powered by NoLimitCoin (NLC) across four major networks: BSC, Polygon, Ethereum, and Chiliz. As a significant holder of NLC tokens, the company will utilize NLC smart contracts to power its software ecosystem. CEO Rafael Groswirt emphasizes that this multi-network expansion will enhance platform accessibility, optimize costs, and improve performance. The integration aims to facilitate broader adoption of the company's blockchain-based gaming and cryptocurrency platforms while leveraging enhanced network flexibility for more robust and scalable software solutions.
Greenlite Ventures (OTC PINK:GRNL) has appointed Mary Pierce as Chief Operating Officer and Executive Vice President. Pierce brings 28 years of leadership experience in gaming and hospitality, having worked with major companies including Sands , Starwood Hotels, Planet Hollywood, Plaza Las Vegas, and Sahara Hotel & Casino. She previously served as COO of a foreign tech company and recently worked with a Tribal gaming company.
The appointment aims to strengthen Greenlite's leadership team and support its growth strategy in licensing gaming and crypto solutions globally. CEO Rafael Groswirt highlighted Pierce's previous contributions as an outside consultant and her potential impact on the company's strategic initiatives.
Greenlite Ventures (OTC PINK:GRNL) announces plans to deploy innovative software solutions in Q1 2025, focusing on sports betting and Daily Fantasy Sports markets. The company's platform integrates blockchain payment systems, crypto security, and AI-driven sports advisory services. Key features include a 90% reduction in house 'vig' charges and a NoLimitCoin (NLC) token-powered ecosystem. The platform will support multiple services including sports betting, daily fantasy sports, crypto exchange software, and AI-powered advisory services. The system is designed with plug-and-play functionality, allowing global entrepreneurs to customize and operate their own platforms while ensuring compliance with local regulations.
Greenlite Ventures Inc. (OTC PINK:GRNL) has expanded its leadership team with two key appointments. Wesley Tate, experienced in high-growth public companies, joins as CFO, while Mary Pierce, a gaming industry veteran, takes charge of software compliance. CEO Rafael Groswirt emphasized the company's focus on delivering transformative business and gaming solutions. The company recently appointed poker professional Johnny Chan as Brand Ambassador, strengthening its presence in the gaming industry. These strategic additions aim to position Greenlite Ventures as a leader in AI and innovation within software development for gaming, blockchain, and cybersecurity sectors.
Greenlite Ventures, Inc. (OTC PINK:GRNL) has successfully completed the acquisition of Grin Gaming (GRIN), a strategic move aimed at disrupting the sports betting industry through AI-driven innovation. The acquisition provides GRNL with access to Grin Gaming's AI-powered tools, including in-game platforms and player prop pricing engines, which have generated over $5 million in revenue over the past three years.
GRNL plans to fully integrate Grin Gaming's backend in-play data platform and consumer-facing platforms ahead of a planned Super Bowl marketing campaign. The acquisition also brings in Grin Gaming's expertise in proprietary language processing systems for chatbots and voice-activated software, enhancing user experience on GRNL's betting platforms.
Rafael Groswirt, CEO of Greenlite Ventures, expressed confidence that the combined technologies will set a new standard for sports betting systems and enable the company to capitalize on the evolving sports betting landscape.
Greenlite Ventures (OTC PINK:GRNL) has signed poker legend Johnny Chan as a Brand Ambassador for all GRNL products and platforms. Chan will promote the 2025 launch of GRNL's AI Sports Advisory Services and Arbitrage Betting Alerts. He will also feature in gambling podcasts, advertising campaigns, and special events to boost the brand's visibility globally. Chan, known for winning 10 World Series of Poker bracelets and starring in the film Rounders, will appear regularly on the 'Bury Your Bookie' podcast with Jeff DeForrest. Chan will also participate in various media interviews to discuss GRNL's platforms, including the No Limit AI Arbitrage Alerts, a service for premium subscribers to capitalize on AI-detected betting opportunities.
Greenlite Ventures, Inc. (OTC PINK:GRNL) has signed a non-binding term sheet to acquire IP and establish a strategic partnership with NexGenAI Holding Group, Inc. The partnership includes collaborative efforts in data integration, corporate messaging, and software development, as well as GRNL's pending acquisition of NexGen's SportsBet.ai platform. This platform is set to offer real-time sports data, predictive analytics, and arbitrage opportunities.
The partnership aims to leverage NexGen's infrastructure and database to create a sports betting ecosystem with low player acquisition costs and high retention rates. GRNL will gain access to NexGen's proprietary technology, data network, and AI models. The collaboration also includes marketing support to ensure rapid and effective reach of SportsBet.ai to its target audience upon launch.
Greenlite Ventures (OTC Pink: GRNL) has signed a Letter of Intent to acquire Grin Gaming (GRIN), an AI-driven sports betting technology company. GRIN has generated over $5 million in revenue and raised nearly $5 million in investment capital. The acquisition aims to integrate GRIN's software stack, including in-play data platforms and consumer products, into GRNL's No Limit AI ecosystem by the end of 2024.
Key highlights:
- GRIN specializes in AI-driven micro markets and player prop pricing engines
- Integration planned for both B2C and B2B offerings
- GRIN's LLM and natural language processing capabilities to enhance user experience
- Revenue generation expected in time for a Super Bowl PR push
The acquisition is expected to accelerate GRNL's AI revenue production and market penetration in the sports betting industry.
Greenlite Ventures (OTC PINK:GRNL) has released a corporate update following its merger with No Limit Technology Holdings. The company is developing a sports-betting ecosystem using AI technology, blockchain, and peer-to-peer algorithms. Key initiatives include:
1. Launching the No Limit AI Sports Advisory Service for premium subscribers, offering Arbitrage Alerts and real-time statistical updates.
2. Introducing a Daily Fantasy Sports (DFS) platform for the upcoming NFL season, powered by NoLimitCoin (NLC).
3. Launching a decentralized crypto exchange in Q4, modeled after Uniswap's non-custodial DEX.
4. Leveraging existing sports betting podcast networks and licensing deals with brands like Woodway and Bare Knuckle Fighting.
The company aims to achieve low player acquisition costs and high retention rates in the sports betting industry.
Greenlite Ventures (OTC PINK:GRNL) has launched No Limit AI, a new business division offering sports betting advisory services. This AI-powered platform provides subscribers with daily picks, in-game betting alerts, and Arbitrage Alerts for guaranteed profits. No Limit AI will be featured on GRNL's "Bury Your Bookie" podcasts hosted by Jeff DeForrest, a prominent sports betting figure.
The company aims to disrupt the $300B sports betting market by combining blockchain technology, cryptocurrency, and AI algorithms powered by NoLimitCoin (NLC). GRNL is currently awaiting the completion of a Finra merger review with No Limit Technology Holdings Inc.