- Business
- Elray Resources, Inc. (ELRA) is a technology company that owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally; it develops, licenses, and operates crypto iGaming solutions, including highly modular, configurable, and scalable platforms featuring over 10,000 games from more than 30 premier gaming content publishers, encompassing slots, table games, live dealer options, sports betting, and competitive products; and provides turnkey marketing tools, CRM systems, and strategic consulting services for online gaming operators and e-commerce enterprises. Founded in 2006 and headquartered in Las Vegas, Nevada, the company targets the global crypto iGaming and online gambling sectors, serving operators seeking blockchain-based casino solutions with enhanced security, incentives, and player experiences. In October 2024, Elray completed the sale of its proprietary crypto iGaming technology to 180 Life Sciences Corp. (NASDAQ:ATNF), receiving preferred stock convertible into a 40% interest in ATNF and warrants for 3 million shares of ATNF common stock, subject to stockholder approval, to strengthen its balance sheet, enable future collaborations, and pursue new revenue opportunities in the iGaming market.