By Wendy Anders

Marketwire reported today that Toronto, Canada-based Bravo Multinational Incorporated earlier this year partially acquired the Centro de Entretenimiento y Diversion Mombacho S.A., located in Managua, Nicaragua.

Bravo to date has purchased 150 of a total contracted 500 slot and video poker gaming machines to be operated and managed under a long-term national license throughout Nicaragua until 2033.

Subsequent to the purchase, Bravo contracted GameTouch, LLC to coordinate the retail sales segment of Bravo’s gaming machines in Nicaragua. Sales as of July 31, 2016 by GameTouch generated US$315,000 for Bravo in total contracted sales revenue (with no significant outside marketing), stated Marketwise

According to the OTC Markets group website, Bravo Multinational Incorporated is a diversified company, holding casino equipment in Central and South America specifically Nicaragua, El Salvador, and San Andres, Colombia, as well as gold and silver mining properties and claims in North America. Bravo’s growth strategy is driven by partnerships, acquisitions, and new ventures.

Paul Parliament, Bravo President, stated to Marketwire, “We are very pleased with these short-term results from the GameTouch sale team, and Bravo’s management anticipates that with the initiation of ongoing wide-scale marketing and promotions, an increased number of sales should be achieved. We estimate that we may reach a projected sales target of $3,500,000 for 2017. We anticipated finalizing these combined projects soon, and we feel confident that the company can have a strong future for years to come.”