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    SPN   CA83306Y1025

SNIPP INTERACTIVE INC.

(SPN)
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Delayed Bourse de Toronto  -  12:45 2022-06-27 pm EDT
0.1300 CAD   -3.70%
06/22SNIPP INTERACTIVE : Gambit Rewards Partners with the World's Largest First-party Data Platform for Rewards Related to Insights, Activation & Measurement
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06/13SNIPP INTERACTIVE : Appoints Adi Dhandhania, Chief Operating Officer, North America, Bally's Interactive to its Board of Directors; and Appoints Tom Burgess as President of MEDIA
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06/13Snipp Interactive Inc. Announces Management Appointments
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Snipp Interactive : Loyalty Gaming Platform, Gambit Rewards, Selected as Finalist for “Best Loyalty Industry Innovation” of the Year

03/10/2022 | 07:23am EDT
Mar 10, 2022 | 8 Min Read
Snipp Interactive's Loyalty Gaming Platform, Gambit Rewards, Selected as Finalist for "Best Loyalty Industry Innovation" of the Year
Posted By Snipp
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Loyalty Magazine's shortlist for the 2022 International Loyalty Awards includes Loyalty Gaming pioneer, Gambit Rewards

VANCOUVER, BC, CANADA - Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V: SPN; OTCPK: SNIPF), a Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector, is pleased to announce that its Loyalty Gaming division, Gambit Rewards ("Gambit"), has been selected as a finalist for the 2022 International Loyalty Awards. Hosted every June in London, the event recognizes leading brands from across the global industry that are showing innovation, fresh thinking and creativity. Gambit has been selected under the category of "Best Loyalty Industry Innovation" of the year.

Acquired by Snipp in February 2022, Gambit gamifies rewards programs by integrating them with its unique sports betting and online gaming experience. Players can use loyalty points to play for actual cash winnings or other prizes, without risking any real money ("Loyalty Gaming"). Gambit enables players to convert their points from various rewards programs to Gambit Play Tokens, which can then be used to participate in online gaming and live sports betting opportunities. Players can spend their Gambit winnings on a variety of growing incentives, including cash, gift cards and charitable donations. All activity is centralized at www.gambitrewards.com, creating a single hub for Loyalty Gaming across the entire rewards landscape.

Richard Pistilli, Gambit CEO stated: "We are very honored to be recognized by one of the leading voices in the industry, Loyalty Magazine. Loyalty Gaming is an entirely new category in the world of rewards that injects fun and excitement into the process. We provide a casual gaming experience that enables our players to win real money on a single event basis by simply playing with their points."

About Gambit

Gambit is a regulator-approved consumer network that integrates loyalty programs with online gaming & sports betting in America. Gambit operates a proprietary platform for turning loyalty points into free-to-play tokens ("Loyalty Gaming"), which can then be used to participate in various online gaming and live sports betting opportunities. The platform also provides leading brands across the United States with a unique solution to unlocking the US$100B value in unused loyalty points, while simultaneously offering a new way to engage with the high growth vertical of online gaming and sports betting. Launched in 2019 as a solution for gamifying rewards programs, Gambit players can use various loyalty points to play for actual cash winnings, cryptocurrencies, charity contributions or other prizes, without risking any real money. All activity is centralized at www.gambitrewards.com, creating a single hub for Loyalty Gaming across the entire rewards landscape.

About Snipp

Snipp Interactive Inc (TSX-V: SPN; OTCPK: SNIPF) is a Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 1000 Clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform's Receipt Processing Module has established itself as the clear industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform's full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform's modular catalogue of digital and physical rewards provides Clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform's gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit the Company's website at www.snipp.com

Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. The company is publicly listed on the Toronto Stock Venture Exchange (TSX-V) in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

FOR FURTHER INFORMATION PLEASE CONTACT:
Snipp Interactive
Jaisun Garcha
investors@snipp.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange 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.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Topics: snipp news

Disclaimer

Snipp Interactive Inc. published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 12:22:00 UTC.


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Financials (USD)
Sales 2022 24,9 M - -
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 28,4 M 28,4 M -
Capi. / Sales 2022 1,14x
Capi. / Sales 2023 0,84x
Nbr of Employees -
Free-Float 62,2%
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Number of Analysts 1
Last Close Price 0,10 $
Average target price 0,24 $
Spread / Average Target 135%
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Managers and Directors
Atul Sabharwal Chief Executive Officer
Jaisun Garcha Vice President-Finance
Sarfarz Haji Chairman
Wayne Wei Weng Chief Technology Officer
Niamh O. Riordan Chief Operating Officer
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