Mohawk Online Limited Announces First Year Revenue Results

03/29/2017

Forwarded on behalf of Mohawk Online Limited - For the official release, click on the attachment

Mohawk Online Limited (Mohawk Online) today reported its revenue results for the first full year of operations, from the period of October 1, 2015, to September 30, 2016.  For this period, Mohawk Online has reported net earnings of $2.0 Million CDN.

“We are pleased to announce that Mohawk Online has generated $2.0M for the benefit of the community,” said Dean Montour, Chief Executive Officer of Mohawk Online. “Our performance well exceeded our original Year 1 financial projections, and we’re thrilled with the results.  We hope to continue and build upon our success in the coming years.”

"This boost to our topline earnings comes at a great time for Kahnawà:ke as a portion of the revenue will be used to supplement shortfalls in the budget for essential services, programs, and organizations in the community," said Ietsénhaienhs Gina Deer of the Mohawk Council of Kahnawà:ke. "Another portion of the revenue will be used to for other special projects and initiatives, like the recent donation to the Ratiwennahní:rats Immersion program."

About Mohawk Online
Mohawk Online is the operator of Sports Interaction, an online gaming site that offers sportsbook, casino, poker and fixed odds betting products, and is licensed and regulated by the Jersey Gambling Commission and the Kahnawà:ke Gaming Commission.

Mohawk Online is a socio-economic initiative wholly owned by the Mohawk Council of Kahnawà:ke on behalf of the community, and the revenue generated is invested back into the local community.

For more information about Mohawk Online, please visit www.mohawkonline.ca . For more information about Sports Interaction, please visit www.sportsinteraction.com .