Empire Global Gaming, Inc. - FORM 10-K

Empire Global Gaming, Inc. - FORM 10-K - March 31, 2014

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Empire Global Gaming, Inc. Reports

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EXCEL - IDEA: XBRL DOCUMENT - Empire Global Gaming, Inc.	Financial_Report.xls
EX-31.1 - CERTIFICATION - Empire Global Gaming, Inc.	f10k2013ex31i_empireglobal.htm
EX-32.2 - CERTIFICATION - Empire Global Gaming, Inc.	f10k2013ex32ii_empireglobal.htm
EX-32.1 - CERTIFICATION - Empire Global Gaming, Inc.	f10k2013ex32i_empireglobal.htm
EX-31.2 - CERTIFICATION - Empire Global Gaming, Inc.	f10k2013ex31ii_empireglobal.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

x Annual Report Pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934

for the fiscal year ended December 31, 2013

o Transition Report Under Section 13 or 15(D) of the Securities Exchange Act of 1934

for the transition period from _______________ to _______________

Commission File Number: 333-169531

EMPIRE GLOBAL GAMING, INC.

(Exact name of registrant as specified in its charter)

Nevada		27-2529852
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)

555 Woodside Avenue
Bellport, New York 11713		11713
(Address of principal executive offices)		(Zip Code)

Issuer's telephone number, including area code: (877) 643-3200

n/a

Former address if changed since last report

Securities registered under Section 12(b) of the Exchange Act: None

Securities registered under Section 12(g) of the Exchange Act:

Common Stock, par value $0.001 per share

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes o No x

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer o

Accelerated Filer o

Non-Accelerated Filer o

(Do not check if a smaller reporting company)

Smaller Reporting Company T

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). o Yes x No

State issuer's revenues for its most recent fiscal year: $10,803

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed fiscal quarter (for purposes of this determination, only our Directors and Executive Officers have been deemed affiliates): $2,440,250

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 57,301,000 shares of common stock as of March 26, 2014.

TABLE OF CONTENTS

PART I

ITEM 1.	BUSINESS	4
ITEM 1A.	RISK FACTORS	7
ITEM 1B.	UNRESOLVED STAFF COMMENTS	7
ITEM 2.	PROPERTIES	7
ITEM 3.	LEGAL PROCEEDINGS	7
ITEM 4.	MINE SAFETY DISCLOSURES	7

PART II

ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES	7
ITEM 6.	SELECTED FINANCIAL DATA	8
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION	8
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	11
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA	11
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE	12
ITEM 9A.	CONTROLS AND PROCEDURES	12
ITEM 9B.	ITHER INFORMATION	13

PART III

ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE	14
ITEM 11.	EXECUTIVE COMPENSATION	17
ITEM 12	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS	18
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE	18
ITEM 14.	PRINCIPAL ACCOUNTING FEES AND SERVICES	19
ITEM 15.	EXHIBITS, FINANCIAL STATEMENTS SCHEDULES	20

SIGNATURES		21

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS

This Annual Report on Form 10-K (“Annual Report”), the other reports, statements, and information that we have previously filed or that we may subsequently file with the Securities and Exchange Commission (“SEC”) and public announcements that we have previously made or may subsequently make include, may include, incorporate by reference or may incorporate by reference certain statements that may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements included or incorporated by reference in this Annual Report and those reports, statements, information and announcements address activities, events or developments that Empire Global Gaming, Inc. (hereinafter referred to as “we,” “us,” “our” or “Company”) expects or anticipates will or may occur in the future. Any statements in this document about expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “will continue,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would” and “outlook,” and similar expressions. Accordingly, these statements involve estimates, assumptions and uncertainties, which could cause actual results to differ materially from those expressed in them. Any forward-looking statements are qualified in their entirety by reference to the factors discussed throughout this document. All forward-looking statements concerning economic conditions, rates of growth, rates of income or values as may be included in this document are based on information available to us on the dates noted, and we assume no obligation to update any such forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made and we do not undertake any obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for us to predict which will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

PART I

ITEM 1. BUSINESS.

Overview

Empire Global Gaming, Inc. (the “Company,” “We” or “Our”) was incorporated under the laws of the State of Nevada on May 11, 2010 to participate in the worldwide gaming market. We offer custom game manufacturing, gaming solutions, supplies and custom game marketing. We provide consulting and advisory services to the gaming industry. We hold exclusive licenses for proprietary Class II and Class III grade Table Games for use in the home and casinos, as well as the rights to several other innovative board, dice, card and electronic games for use in the home and casinos.

Casino Grade Games

We hold licenses for eight patented Class II and III Casino Grade Mechanical & Electronic Games. The games include (i) proprietary 20 sided dice game, (ii) combination game of poker and blackjack, side bet blackjack, and (iii) five patents covering roulette. We also created a new proprietary variation on the standard deck of playing cards (patent pending). We anticipate that these cards will be used in retail and casino sales.

Roulette

The Company has the exclusive rights through an exclusive license agreement to four U.S. Patents related to “roulette” that cover fourteen different roulette games via an Exclusive License Agreement granted by our President, Chief Executive Officer and Director (Mr. Nicholas Sorge Sr.), to market, sell, distribute and sublicense these patented roulette games. We expect to license these games for royalties to casinos throughout the world after obtaining approval from the appropriate regulatory agency in each state or country, as is applicable. We will also offer the casinos to purchase equipment with the new roulette game attributes and the table felt with the new number configurations from their own sources. We do not intend, at this time, to manufacture any equipment or products.

We intend to make application with the various prominent gaming control boards in the United States to obtain approval of the Company's licensed roulette games. We had our Roulette games examined by a well respected and well known research firm in the gaming industry to verify certain aspects of our game. Our New Balanced American and European Roulette Wheels and Layout with Digit-Bets was shown to beat the Standard American and European Roulette Wheels and Layout games in keeping the Fairness and Integrity of both Roulette games in all scenarios. We have retained well known attorneys in the gaming space to advise us on the best methods of proceeding further with our proprietary Roulette.

Other Products

We are working on developing some of our patented games into video and slot machine terminals as well as computer and mobile devices.

We have developed a website (www.lottopick3.com) which provides analytical data to consumers on several different lottery type games. This program is not a gambling/consulting program. It is strictly an analysis program. We do not offer any advice one way or the other. It offers an in depth breakdown of all the previous numbers that have been drawn in all states that have the pick 3 games. The software breaks things down into all the possible categories and shows any types of trends that may occur. The program also comes with printable charts that show exactly which numbers fall under every category.

The Company has taken certain steps to become fully “e-commerce” operational while awaiting Gaming Board approvals. We operate a website where we sell certain equipment and proprietary games. Our website is located at: www.empireglobalgaminginc.com.

Industry Overview

The domestic and global gaming markets have grown rapidly and consistently over most of the last decade despite some slowdown in the past three years due to the macroeconomic recession. This growth has generally brought increased social and political acceptance of legalized gaming throughout many diverse societies. The conventional wisdom that the gaming industry is recession-proof has been challenged over the last three years However, recent economic pressures have prompted new efforts to legalize casino gaming and to liberalize gaming laws to fill fiscal gaps. Furthermore, in the current environment, operators are pressured to extract the most out of existing operations by enhancing the competitiveness of their floor at minimal investment rather than deploying cash into new or expanded equipment or facilities. While historical U.S. trends suggest a resilient recovery will eventually be at hand, through our proprietary products we expect to offer the casino operator products that will enhance the gaming machine’s productivity while simultaneously enhancing the customer’s playing experience.

Competition

The gaming business is highly competitive. The principal areas of competition are pricing, packaging, development of new products, and marketing campaigns. Our products compete with a wide range of games produced by a relatively large number of manufacturers, most of which have substantially greater financial, marketing, and distribution resources than we do.

Government Regulation

We are subject to regulation by governmental authorities in most jurisdictions in which we operate. Gaming regulatory requirements vary from jurisdiction to jurisdiction, and obtaining licenses and findings of suitability for our officers, directors, and principal stockholders, registrations, and other required approvals with respect to us, our personnel, and our products are time consuming and expensive. Generally, gaming regulatory authorities have broad discretionary powers and may deny applications for or revoke approvals on any basis they deem reasonable. We have not yet obtained approvals that enable us to conduct our (gaming) business in any jurisdictions. In the event a gaming jurisdiction determines that an officer, director, key employee, stockholder, or other personnel of our company is unsuitable to act in such a capacity, we will be required to terminate our relationship with such person or lose our rights and privileges in that jurisdiction. This may have a materially adverse effect on us. We may be unable to obtain all the necessary licenses and approvals or ensure that our officers, directors, key employees, affiliates, and certain other stockholders will satisfy the suitability requirements in each jurisdiction in which our products are sold or used. The failure to obtain such licenses and approvals in one jurisdiction may affect our licensure and approvals in other jurisdictions. In addition, a significant delay in obtaining such licenses and approvals could have a material adverse effect on our business prospects.

Board of Directors

Nicholas Sorge, Sr. is the President and Director and Dolores Marsh is the Chief Financial Officer, Secretary and Director. We have not employed additional people either on a full time or part time basis.

Corporate Information

Our principal executive offices are located at 555 Woodside Ave, Bellport, New York 11713. Our telephone number is 877-643-3200.

Item 1A. Risk Factors.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

Item 1B. Unresolved Staff Comments.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

Item 2. Description of Property.

The Company has office space at 555 Woodside Avenue, Bellport, New York 11713 which is provided at no cost to the Company by our President, Nicholas Sorge, Sr.

Item 3. Legal Proceedings.

To the best knowledge of our officers and directors, the Company is not a party to any legal proceeding or litigation.

Item 4. Mine Safety Disclosures.

Not applicable.

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

In October 2012 we were cleared by FINRA for an unpriced quotation on the OTC Bulletin Board under the symbol “EPGG.” There is no established public trading market for our common stock. Our issued and outstanding common stock is held by approximately 57 holders of record.

We have not paid any cash dividends in the past. We anticipate that any earnings will be retained for development of our business and we do not anticipate paying any cash dividends in the foreseeable future. Any future dividends declared would be at the discretion of our board of directors and would depend on our financial condition, results of operations, contractual obligations, the terms of our financing agreements at the time a dividend is considered, and other relevant factors.

Item 6. Selected Financial Data.

As a “smaller reporting company, the Company is not required to provide this information.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation

The following discussion of our financial condition and results of operations should be read together with the consolidated financial statements and the related notes included in this report. This discussion contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from the results discussed in the forward-looking statements. Factors that could cause or contribute to these differences include those discussed below as well as those discussed elsewhere in this report. We disclaim any obligation to update information contained in any forward-looking statement.

General

We presently sell our ancillary gaming products in the United States but contemplate selling and leasing our products worldwide, in the future. Although the Company has obtained the license for the manufacturing, sale, marketing and licensing of the four roulette patents, the Company has not developed or manufactured any products for license, lease or sale to casinos as of yet. Although the Company is licensed to manufacturer patented roulette wheels and tables, it has no intention of doing so now or in the foreseeable future. The licensed games will not be available for sale on our website until approved by the applicable Gaming Control Board.

The Company has not, as of yet, arranged for any lines of credit, and we have no commitments, written or oral, from officers, directors or shareholders to provide the Company with advances, loans or other funding for our operations.

Critical Accounting Estimates

The preparation of financial statements in conformity with accounting principals generally accepted in the United States of America required management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates, based on historical experience, and various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.

Recent Accounting Pronouncements

On July 27, 2012, the FASB issued Accounting Standards Update 2012-02. Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment (“ASU 2012-02”). ASU 2012-02 is intended to reduce the cost and complexity of the annual indefinite-lived intangible assets impairment testing by providing entities an option to perform a “qualitative” assessment to determine whether further impairment testing is necessary. As such, there is the possibility that quantitative assessments would not need to be performed if it is more likely than not that no impairment exists. The Company is required to adopt the provisions of ASU 2012-02 which is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of ASU 2012-02 is not expected to have a significant impact on the Company’s financial position or results of operations.

Results of Operations

Year ended December 31, 2013 Compared to the year ended December 31, 2012

For the year ended December 31, 2013, we had sales of $10,803, as compared to $9,532 for the year ended December 31, 2012. The increase was due to the Company’s development of its Lotto Pick 3 website and sales of the Company’s proprietary playing cards.

Cost of Goods Sold

Cost of goods sold was $3,356 for the year ended December 31, 2013, compared to $3,911 for the year ended December 31, 2012. Sales increased 13% when compared to prior year, however, cost of goods sold decreased 14%. The Company sold different products that have a different cost than the previous year.

General and Administrative Expenses

During the year ended December 31, 2013, general and administrative expenses were $343,003, consisting primarily of consulting fees, as compared to $94,814 for year ended December 31, 2012. The increase of $238,224 was due to the 6,000,000 shares issued. The 6,000,000 shares were issued for the purpose of providing management and financial consulting services to help the Company execute its business model and execute its planned growth.

Net Loss

Our Net Loss was $335,556 for the year ended December 31, 2013, and $101,249 for the year ended December 31, 2012. The increase is primarily due to an increase in professional fees of $238,224.

Professional fees increased significantly during the year due to costs incurred in the settlement of a suit with previous shareholders of the Company. Additional costs were incurred for the preparation of licensing and marketing agreements and for the review and analysis of the Company patents.

Liquidity and Capital Resources

As of December 31, 2013, we had shareholders equity of $25,176 and we had positive working capital of $61,996 compared to shareholders equity of $35,732 and working capital of $34,652 at December 31, 2012. Cash and cash equivalents were $4,308 as of December 31, 2013, as compared to $16,952 at December 31, 2012. This decrease in our working capital was primarily attributable to the net loss of $335,556 for the year ended December 31, 2013. The net loss for the year ended 2013 was primarily due to professional fees of $333,038.

In order to continue is a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

Net cash used in operations during 2013 was $49,744 compared with $92,375 used in operations during 2012. Cash used in operations during 2013 was primarily due to the net loss in the period.

Net cash used in investing activities during 2013 was $ -0- compared to $4,000 used in investing during 2012. There were no investing activities in 2013.

Net cash provided by financing activities was $ 37,100 in 2013 and $2,120 in 2012.

Commitment and Contingencies

None.

Off-Balance Sheet Arrangements

None.

Going Concern

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. To date, the Company generated minimal revenues, is considered a development stage Company, has experienced recurring net operating losses, had a net loss of $696,224 for the period of May 11, 2010 (inception) to December 31, 2013 and working capital of $61,996 at December 31, 2013. Because of these factors our auditors have issued a going concern opinion on our audited financial statements that raises substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. We will need to raise funds or implement our business plan to continue operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

Item 8. Financial Statements and Supplementary Data.

Financial statements and supplementary data required by this Item 8 follow.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and

Stockholders of Empire Global Gaming, Inc.

New York, New York

We have audited the accompanying balance sheets of Empire Global Gaming, Inc. as of December 31, 2013 and 2012, and the related statements of operations, stockholders’ equity, and cash flows for the years then ended and for the period from t inception (May 11, 2010) to December 31, 2013. Empire Global Gaming, Inc.’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has minimal revenues, incurred a net loss since inception, has a net accumulated deficit, and may be unable to raise further equity. These factors, among others, raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Empire Global Gaming, Inc. as of December 31, 2013 and 2012, and the results of its operations and its cash flows for the years ended December 31, 2013 and 2012, and for the period from inception (May 11, 2010) to December 31, 2013 in conformity with accounting principles generally accepted in the United States of America.

Hackensack, New Jersey

March 24, 2014

F-1

EMPIRE GLOBAL GAMING, INC.

(A DEVELOPMENT STAGE COMPANY)

BALANCE SHEETS

	December 31,			December 31,
	2013			2012
ASSETS

CURRENT ASSETS
Cash	$	4,308		$	16,952
Inventory		19,067			21,970
Prepaid expenses		50,000			-
Total current assets		73,375			38,922

Fixed Assets
Equipment	$	4,000		$	4,000
Accumulated Depreciation		(1,600	)		(800	)
Property and Equipment, Net		2,400			3,200
Total assets	$	75,775		$	42,122

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts payable and accrued expenses	$	11,379		$	4,270
Total current liabilities		11,379			4,270

LONG TERM LIABILITIES
Notes Payable - Shareholder		39,220			2,120
Total liabilities		50,599			6,390

STOCKHOLDERS' EQUITY
Common stock: $0.001 par value; 980,000,000 authorized, 57,301,000 and 50,801,000 shares issued and outstanding as of December 31, 2013 and December 31, 2012, respectively		57,301			50,801
Additional paid-in capital		664,099			345,599
Deficit accumulated during development stage		(696,224	)		(360,668	)
Total stockholders' equity		25,176			35,732

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	75,775		$	42,122

See accompanying notes to Financial Statements.

F-2

EMPIRE GLOBAL GAMING, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF OPERATIONS

	For the year ended			For the year ended			From inception May 11, 2010 to
	December 31,			December 31,			December 31,
	2013			2012			2013

REVENUES (See Note 4)
Related party sales		-			7,369			7,368
Other		10,803			2,163			15,760
Total Revenues		10,803			9,532			23,128

COST OF GOODS SOLD		3,356			3,911			10,060

GROSS PROFIT		7,447			5,621			13,068

GENERAL & ADMINISTRATIVE EXPENSES		343,003			106,870			709,292

NET LOSS	$	(335,556	)	$	(101,249	)	$	(696,224	)

Net loss per common share - basic and diluted	$	(0.01	)	$	(0.00	)

Weighted average of common shares outstanding		55,695,658			50,801,000

See accompanying notes to Financial Statements.

F-3

EMPIRE GLOBAL GAMING, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

FROM INCEPTION, MAY 11, 2010 TO DECEMBER 31, 2013

							Accumulated
							Deficit
	Common				Additional		During
	Stock				Paid-In		Development
	Shares		Amount		Capital		Stage			Total

Balance Inception May 11, 2010
Issuance of Common Stock for
founder shares May 11, 2010		49,000,000		49,000		-		-			49,000

Sale of Common Stock		1,000,000		1,000		124,000		-			125,000

Net Loss		-		-		-		(128,423	)		(128,423	)

Balance December 31, 2010		50,000,000		50,000		124,000		(128,423	)		45,577

Common stock issuance for services		801,000		801		199,449		-			200,250

Contributed inventory		-		-		22,150		-			22,150

Net Loss		-		-		-		(130,996	)		(130,996	)

Balance December 31, 2011		50,801,000		50,801		345,599		(259,419	)		136,981

Net Loss		-		-		-		(101,249	)		(101,249	)

Balance December 31, 2012		50,801,000		50,801		345,599		(360,668	)		35,732

Common stock issuance for services		6,500,000		6,500		318,500		-			325,000

Net Loss		-		-		-		(335,556	)		(335,556	)

Balance December 31, 2013		57,301,000		57,301		664,099		(696,224	)		25,176

See accompanying notes to Financial Statements.

F-4

EMPIRE GLOBAL GAMING, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF CASH FLOWS

							From inception
	For the year ended			For the year ended			May 11, 2010 to
	December 31, 2013			December 31, 2012			December 31, 2013
Cash Flows from Operating Activities:
Net Loss	$	(335,556	)	$	(101,249	)	$	(696,224	)
Adjustments to reconcile net loss to net cash
used in operation activities:
Depreciation		800			800			1,600
Stock issued for services		275,000			-			324,000
Changes in operating assets and liabilities
Accounts receivable		-			2,793			-
Inventory		2,903			(2,613	)		(19,067	)
Prepaid expenses		-			3,624			-
Accounts payable and accrued expenses		7,109			4,270			11,379
Net cash used in operating activities		(49,744	)		(92,375	)		(378,312	)

Cash flows from Investing Activities:
Acquisition of Property and Equipment		-			(4,000	)		(4,000	)
Net cash used in investing activities		-			(4,000	)		(4,000	)

Cash flows from Financing Activities:
Proceeds from Notes Payable - Shareholder		37,100			2,120			39,220
Proceeds from issuance of common stock		-			-			347,400
Net cash provided by financing activities		37,100			2,120			386,620

NET INCREASE/(DECREASE) IN CASH		(12,644	)		(94,255	)		4,308
CASH AT BEGINNING OF THE PERIOD		16,952			111,207			-
CASH AT THE END OF THE PERIOD	$	4,308		$	16,952		$	4,308

Non-Cash Transactions:
Contributed inventory	$	-		$	-		$	22,150
Prepaid expense resulting from stock issued
for services	$	300,000		$	-		$	300,000

See accompanying notes to Financial Statements.

F-5

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

Note 1. Basis of Presentation and Organization and Significant Accounting Policies

Basis of Presentation and Organization

Empire Global Gaming, Inc. (the “Company”) was incorporated in the State of Nevada on May 11, 2010 in order to acquire certain U.S Patent license agreements pertaining to roulette and actively engage in the gaming business worldwide and commenced operations in June, 2010. Empire Global Gaming, Inc. was founded to develop, manufacture and sell Class II & Class III Casino electronic and table games for the general public and casinos worldwide. The Company owns exclusive rights through license agreements to four U.S. Patents consisting of 14 roulette games patents. EGGI also sells a complete line of public and casino grade gaming products for roulette, blackjack, craps, baccarat, mini baccarat, pinwheels, Sic Bo, slot machines, poker tables and bingo games. These patents are certified by Gaming Laboratories International to minimize any unfairness in the multi-number bets in roulette (American double 0 & European single 0) to both players and casinos. One of the patents controlled by the Company is for a “new number pattern and board layout” that will insure, the various gaming control boards and commissions in the United States and eventually worldwide, that the highest standards of security and integrity are met.

The Company developed a website (www.lottopick3.com) which provides analytical data to consumers on several different lottery type games. This program is not a gambling/consulting program. It is strictly an analysis program. The website does not offer any advice one way or the other. It offers an in depth breakdown of all the previous numbers that have been drawn in all states that have the pick 3 games. The software breaks things down into all the possible categories and shows any types of trends that may occur.

The Company currently has limited operations in accordance with Financial Accounting Standard Board Codification 915 (“FASB ASC”) Development Stage Entities topic. The Company has been in the development stage since its formation. The accompanying financial statements have been prepared in accordance with authoritative guidance for development stage entities. A development stage entity is one in which planned principal operations has not commenced or if its operations have commenced, there has been no significant revenues there from.

Summary of Significant Accounting Policies

Cash

The Company considers all highly liquid investments with an original maturity of year end or less to be cash equivalents. Cash equivalents include cash on hand and cash in the bank

Prepaid expenses

The Company issued common stock for consulting services. The Company recorded a prepaid consulting expense in March 2013 for $300,000, which is being amortization over the life of the agreement. A prepaid expense of $50,000 represents the unamortized balance.

Advertising

The Company expenses advertising when incurred. The Company has incurred advertising expenses of $1,434 and $560 for the year ended December 31, 2013 and 2012, respectively.

F-6

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

NOTE 1. BASIS OF PRESENTATION AND ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair value of financial instruments

As required by the Fair Value Measurements and Disclosures Topic 820 of the Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”), fair value is measured based on a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

The carrying amounts for the Company’s accounts payable and accrued liabilities approximate fair value due to the short-term maturity of these instruments.

The three levels of the fair value hierarchy are described below:

Level 1

Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;

Level 2

Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability;

Level 3

Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).

The Company does not have any assets or liabilities required to be measured at fair value on a recurring basis.

Revenue Recognition

The Company derives its revenue from sale of gaming products. The Company recognizes revenue only when there is persuasive evidence of an arrangement, delivery has occurred, the sale price is determinable and collectability is reasonably assured.

Inventory

Inventory consists of finished gaming products that were contributed by a shareholder of the Company and are valued at lower of market or acquisition cost.

Property and equipment

Property and equipment are stated at cost less accumulated depreciation. Depreciation is provided for on a straight-line basis over the useful lives of the assets. Expenditures for additions and improvements are capitalized; repairs and maintenance are expensed as incurred.

Impairment of long lived assets

Long-lived assets are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. For assets that are to be held and used, impairment is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than their carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and fair value. Fair values are determined based on quoted market values, discounted cash flows or internal and external appraisals, as applicable. Assets to be disposed of are carried at the lower of carrying value or estimated net realizable value.

Income Taxes

The Company utilizes the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 740. “Income Tax” (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for the expected future tax consequence of events that have been include in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities using enacting tax rates in effect in the years in which the differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

The Company has adopted the provision of FASB ASC 740-10-05, “Accounting for Uncertainties in Income Taxes.” The ASC clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. The ASC prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The ASC provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.

F-7

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

Financial and Concentrations Risk

The Company does not have any concentration or related financial credit risk as of December 31, 2013.

We maintain cash balances at highly-rated financial institutions in various states. Accounts at each institution are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 (a temporary increase which expires December 31, 2013). At December 31, 2013, we had no account balances over federally insured limits.

Stock Based Compensation

Stock based compensation is accounted for using the Equity-Based Payments to Non-Employee Topic of the FASB ASC, which establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments. We determine the value of stock issued at the date of grant. We also determine at the date of grant the value of stock at fair market value or the value of services rendered (based on contract or otherwise) whichever is more readily determinable.

Stock based compensation for employees is accounted for using the Stock Based Compensation Topic of the FASB ASC. We use the fair value method for equity instruments granted to employees and will use the Black Scholes model for measuring the fair value of options, if issued. The stock based fair value compensation is determined as of the date of the grant or the date at which the performance of the services is completed (measurement date) and is recognized over the vesting periods.

Net Loss Per Common Share

Earnings per share is calculated in accordance with the Earnings per Share Topic of the FASB ASC. The weighted-average number of common shares outstanding during each period is used to compute basic earnings (loss) per share. Diluted earnings per share is computed using the weighted average number of shares plus dilutive potential common shares outstanding. Potentially dilutive common shares consist of employee stock options, warrants, and other convertible securities, and are excluded from the diluted earnings per share computation in periods where the Company has incurred net loss. From inception, May 11, 2010, to December 31, 2013, the Company incurred a net loss, resulting in no potentially dilutive common shares.

Statement of Cash Flows

For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents. As of December 31, 2013, the Company had no cash equivalents.

F-8

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

NOTE 2. GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. To date, the Company generated revenue of $23,128 from inception, is considered a development stage company, has experienced recurring net losses, and has a net loss of $696,224, for the period of May 11, 2010 (inception) to December 31, 2013 and $335,556 for the year ended December 31, 2013. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. We will need to raise funds or increase revenues to continue operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources or increase revenues. Management’s plan is to continue progressing in its business plan and increase revenues, and if necessary, obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

NOTE 3. INCOME TAXES

The components of the Company’s deferred tax asset are as follows as of December 31, 2013:

	December 31, 2013		December 31, 2012
Net operating loss carry forward at 35%	$	243,678	$	126,234
Valuation allowance		-243,678		-126,234
Net deferred tax allowance	$	-	$	-

Deferred tax asset consists of net operating losses of approximating $696,000 and $360,000 for the years ended December 31, 2013 and 2012, which expires between 2030 to 2032.

The reconciliation of income tax expense at the U.S. statutory rate of 35% for the years ended December 31, 2013 and 2012 is as follows:

	2013			2012
US Statutory rate		35	%		35	%
Valuation allowance		-35	%		-35	%
Income tax provision		-			-

F-9

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

The Company had no gross unrecognized tax benefits that, if recognized, would affect the effective income tax rate in future periods. At December 31, 2013, the amount of gross unrecognized tax benefits before valuation allowances and the amount that would favorably affect the effective income tax rate in future periods after valuation allowances were $0. The Company has not accrued any additional interest or penalties.

The Company files income tax returns in the United States. The Company will file its U.S. federal return for the year ended December 31, 2013 in 2014. Once filed, the 2013 U.S. federal return and those for 2011 and 2012 will be considered as open tax years. No tax returns are currently under examination by any tax authorities. The Company has not accrued any additional interest or penalties or the delinquency of our outstanding tax returns as we have incurred net losses in those periods still outstanding.

NOTE 4. RELATED PARTY TRANSACTIONS

The Company neither owns nor leases any real or personal property.

The Company’s management received 41,000,000 shares of restricted stock as compensation for contributing the business plan and its efforts in commencing operations., These 41,000,000 shares have been accepted as full compensation for management's services for the first year of operation. Nicholas Sorge, Sr., President and Director received 40,000,000 shares for his services to the Company including developing the business plan for the Company and other miscellaneous administrative matters on behalf of the Company. Dolores Marsh, Secretary, Chief Financial Officer, Controller and Director received 1,000,000 shares for her services to the Company including developing along with Nicholas Sorge, Sr., the business plan for the Company, devoting the time and skill necessary to negotiate with various vendors and undertaking various administrative matters on behalf of the Company. Also, the Company issued 8,000,000 shares to other founder/management when the Company was formed.

In December 2012, Nicholas Sorge, Sr. loaned the Company $2,120 to pay for various expenses. The note payable bears interest at 4% per annum and is due with interest on December 31, 2018. The Company has accrued interest of $373 through December 31, 2013.

In 2013, Nicholas Sorge, Sr. loaned the Company an additional $37,100. The note payable bears interest at 4% per annum and is due with interest on December 31, 2018. The balance of the note payable is $39,220 at December 31, 2013.

During 2011, Nicholas Sorge, Jr. contributed $22,150 of inventory to the Company. Since the inventory was contributed the original cost to Mr. Sorge was recorded to Additional Paid in Capital. This inventory consisted of various different gaming items for resale.

During 2012, 77% of the Company’s revenue was derived from existing shareholders/officers of the Company. In 2013, no sales were made to existing shareholders/officers.

F-10

EMPIRE GLOBAL GAMING, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

December 31, 2013

NOTE 5. COMMON STOCK

See note and regarding issuance of Founders’ shares.

The Company’s authorized Common Stock is 980,000,000 common shares with $0.001 par value.

During the year ended December 31, 2011, 801,000 shares of Common Stock were sold and issued as follows: 348,000 shares on May 9, 2011, 40,000 shares on May 23, 2011, 73,000 shares on May 31, 2011, 20,000 shares on June 15, 2011, 40,000 shares on June 22, 2011, 60,000 shares on July 1, 2011, 160,000 shares on July 5, 2011, 40,000 shares on July 13, 2011, 20,000 shares on October 3, 2011, 6,000,000 shares on March 31, 2013, 50,000 shares on April 1, 2013, 400,000 shares on April 1, 2013, and 50,000 shares on April 10, 2013.

The details of the 6,000,000 shares issued on March 31, 2013 are as follows:

Nunzio J. Valerie received 1,500,000 shares valued at $75,000

Michael Lopez received 2,000,000 shares valued at $100,000

Steven Horowitz received 1,500,000 shares valued at $75,000

Steven Wildstein received 1,000,000 shares valued at $50,000

The shares were valued based on the cost of these services as per the respective invoices or agreement.

The four (4) individuals were given shares of the Company's common stock to provide management and financial consulting services to the Company. They were to consult and assist the Company in developing and implementing appropriate plans and means for presenting the Company and its business plans, strategy and personnel to the financial community; and at the Company's request, review business plans, strategies, mission statement budgets, proposed transactions and other plans for the purpose of advising the Company of the public relations implications thereof.

As of December 31, 2013, the Company has 57,301,000 shares of Common Stock issued and outstanding.

NOTE 6. SUBSEQUENT EVENTS

Management evaluated all activity of the Company through the issue date of the Financial Statement and there have been no subsequent events that would have a material impact on the financial statements as of and for the period ended December 31, 2013 other than:

F-11

Item 9: Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

There have been no changes in or disagreements with our certified public accountants on accounting matters or financial disclosure.

Item 9A: Controls and Procedures

Evaluation of Disclosure Controls and Procedures

(a) We maintain disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934) that are designed to provide reasonable assurance that information required to be disclosed in our filings and submissions under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the periods specified in the rules and forms of the SEC and that such information is accumulated and communicated to our management, including our principal executive officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

We completed an evaluation under the supervision and with participation of our management, including our principal executive officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and Chief Financial Officer have concluded that as of December 31, 2013, such disclosure controls and procedures were effective to provide the reasonable assurance described above.

(b) There have not been any changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Securities Exchange Act of 1934) during the period covered by this report that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

Management's Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting. Internal control over financial reporting, as defined in Exchange Act Rule 13a-15(f), is a process designed by, or under the supervision of, our principal executive and principal financial officers and effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

• Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of our assets;

• Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of our management and directors; and

• Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. The scope of management's assessment of the effectiveness of internal control over financial reporting includes all of our Company's consolidated subsidiaries.

Our management assessed the effectiveness of our internal control over financial reporting as of December 31, 2013. In making this assessment, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in "Internal Control-Integrated Framework." Based on this assessment, management believes that, as of December 31, 2013, our internal control over financial reporting was effective based on those criteria.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting during the most recent fiscal quarter ended December 31, 2013 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Item 9B. Other Information.

None.

PART III

Item 10: Directors, Executive Officers And Corporate Governance

Identification of Officers and Directors

The current executive officers, key employees and directors of Empire Global Gaming, Inc. are as follows:

Name	Age	Position	Director Since
Nicholas Sorge, Sr.	50	President & Director	May 2010
Dolores Marsh	72	Secretary, Chief Financial Officer & Director	May 2010

Nicholas Sorge, Sr. is the founder and current President and Director of Empire Global Gaming, Inc. and has been since his appointment to the Board of Directors on May 11, 2010. He personally created a revolutionary new system for roulette which led him to obtain U.S. Patents pertaining to roulette and other games. He has licensed Empire Global Gaming, Inc. as the exclusive licensee for four of his patents covering fourteen roulette games. For the past 27 years Mr. Sorge has served Pallets R Us, Inc. of Bellport, New York, as its President. Pallets R Us, Inc. is an industrial pallet manufacturer servicing the tri-state area of New York, New Jersey, Connecticut and Pennsylvania since 1984.

Dolores Marsh is the current Secretary, Chief Financial Officer and Director of Empire Global Gaming, Inc. since May 11, 2010. Ms. Marsh is a native of New York and lives in Manhattan. She graduated from NYU with a BA in Business. She founded The Media Department of New York in 1980 and has served as its President and CEO for the past thirty years. The Media Department of New York is a successful independent media planning and buying company with offices in midtown and downtown New York City. The company works with national advertising agencies and clients offering them complete media capabilities. Ms. Marsh is the aunt of Mr. Sorge.

No Involvement in Certain Legal Proceedings

During the past ten years, none of our executive officers/directors have been involved in any of the following:

A petition under the Federal bankruptcy laws or any state insolvency law was filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of any officer or director, or any partnership in which any officer or director was a general partner at or within two years before the time of such filing, or any corporation or business association of which any officer or director was an executive officer at or within two years before the time of such filing;

2.	No officer or director was convicted in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses);

3.	No officer or director was the subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from, or otherwise limiting, the following activities:

Acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment Company, bank, savings and loan association or insurance Company, or engaging in or continuing any conduct or practice in connection with such activity;

ii.	Engaging in any type of business practice; or

iii.	Engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws;

No officer or director was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in (3)(i) of this section, or to be associated with persons engaged in any such activity;

No officer or director was found by a court of competent jurisdiction in a civil action or by the Securities and Exchange Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;

No officer or director was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated;

7.	No officer or director was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:

i.	Any Federal or State securities or commodities law or regulation; or

ii.	Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or

iii.	Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

No officer or director was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

Section 16(A) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act requires our executive officers, directors and beneficial owner of more than 10% of a registered class of our equity securities to file with the SEC statements of ownership and changes in ownership. The same persons are required to furnish us with copies of all Section 16(a) forms they file. We believe that all of our executive officers, directors and beneficial owner of more than 10% of a registered class of our equity securities complied with the applicable filing requirements during fiscal year 2013.

Code of Ethics

We have not adopted a formal code of ethics statement. The Board of Directors evaluated the business of the Company and the number of employees and determined that since the business is operated by a small number of persons who are also the officers and directors and many of the persons employed by the Company are independent contractors, general rules of fiduciary duty and federal and state criminal, business conduct and securities laws are adequate ethical guidelines.

Committees

Since we do not have an audit or nominating committee comprised of independent directors, the functions that would have been performed by such committees are performed by our directors. The Board of Directors has not established an audit committee and does not have an audit committee financial expert, nor has the Board established a nominating committee. The Board is of the opinion that such committees are not necessary since the Company has only two directors, and to date, such directors have been performing the functions of such committees. Thus, there is a potential conflict of interest in that our directors and officers have the authority to determine issues concerning management compensation, nominations, and audit issues that may affect management decisions. We are not aware of any other conflicts of interest with any of our executive officers or directors.

Item 11: Executive Compensation

The following table sets forth the cash and non-cash compensation paid by the Company to its President and all other executive officers for services rendered to date. No salaries are being paid at the present time. There were no grants of options or SAR grants given to any executive officers during the current fiscal year.

Summary Compensation Table

Name and principal position	Year	Salary		Bonus		Stock awards			Option awards		Non-equity incentive plan compensation		Change in pension value and nonqualified deferred compensation earnings		All other compensation		Total
(a)	(b)	(c)		(d)		(e)			(f)		(g)		(h)		(i)		(j)
Nicholas Sorge, Sr.	2010		0		0	$	40,000	(1)		0		0		0		0	$	40,000
President	2011		0		0		0			0		0		0		0		0
	2012		0		0		0			0		0		0		0		0
	2013		0		0		0			0		0		0		0		0

Dolores Marsh	2010		0		0	$	1,000	(1)		0		0		0		0	$	1,000
Chief Financial Officer	2011		0		0		0			0		0		0		0		0
	2012		0		0		0			0		0		0		0		0
	2013		0		0		0			0		0		0		0		0

(1) Valuation of the shares granted to executives was based upon the fair value of the shares when granted pursuant to FASB ASC Topic 718. Shares were granted and delivered at the time of the incorporation of the Company and were for services rendered to the Company in the development of the business plan and for services to the Company in the performance of duties as officers and directors of the Company. The shares were valued at $.001 per share. We have made no provisions for cash compensation to its officers and directors. Management received 41,000,000 shares of common stock as compensation for contributing the business plan to the Company and for services. These 41,000,000 shares have been accepted as full compensation for management’s services for the first year of operation. The amounts listed in the Stock Awards column above have been calculated based upon the aggregate grant date value computed in accordance with FASB ASC Topic 718.

Employment Contracts

We currently have no employment agreements or compensatory plan or arrangement in effect with our officer/director.

Compensation Arrangements of Services Provided as a Director

We have no arrangements with our directors for compensation regarding service on the board nor has either of our directors received any compensation for service on our board during the last fiscal year.

Item 12: Security Ownership Of Certain Beneficial Owners And Management And Related Stockholder Matters

The following table presents certain information regarding beneficial Ownership of Empire Global Gaming, Inc.’s Common Stock as of March 26, 2014, by (i) each person known by the Company to be the beneficial owner of more than 5% of the outstanding shares of Common Stock, (ii) each director of the Company, (iii) each named Executive Officer, and (iv) all directors and executive officers as a group. Unless otherwise indicated, each person in the table has sole voting and investment power as to the shares shown.

(1)	The above table is based on 57,301,000 shares of Common Stock outstanding.

(2)	Nicholas Sorge, Sr. is the President and Director of the Company. Mr. Sorge is the nephew of Dolores Marsh.

(3)	Dolores Marsh is the Secretary, Chief Financial Officer and Director of the Company. Ms. Marsh is the aunt of Mr. Sorge.

Securities Authorized for Issuance Under Equity Compensation Plans

We presently do not have any equity based or other long-term incentive programs.

Item 13. Certain Relationships And Related Transactions, and Director Independence.

Transactions with Management and Others

Since the beginning of the 2012 fiscal year, the following transactions, series of similar transactions, currently proposed transactions, or series of currently proposed similar transactions, to which we were or are to be a party, in which the amount involved exceeded either $120,000 or one percent of the average of our total assets at the year end of our last two fiscal years, whichever is less, and in which any director or executive officer, or any security holder who is known to us to own of record or beneficially more than five percent of our Common Stock, or any member of the immediate family of any of the foregoing persons is a party is as follows:

Nicholas Sorge, Sr. loaned the Company the sum of $39,220 for monies to pay for various out of pocket expenses. The loan was in the form of a note and due on December 31, 2018.

Director Independence

Our common stock is not listed for trading on any national securities exchange, and as such we are not otherwise subject to the requirements of any national securities exchange or an inter-dealer quotation system with respect to the need to have a majority of our directors be independent.

In the absence of such requirements, we have elected to use the definition for “director independence” under the Nasdaq Stock Market’s listing standards, which defines an “independent director” as “a person other than an officer or employee of us or its subsidiaries or any other individual having a relationship, which in the opinion of our Board of Directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director.” The definition further provides that, among others, employment of a director by us (or any parent or subsidiary of ours) at any time during the past three years is considered a bar to independence regardless of the determination of our Board of Directors.

Our Board of Directors has determined that neither Mr. Sorge nor Ms. Marsh are independent directors.

Item 14. Principal Accounting Fees and Services.

Audit Fees

The aggregate fees accrued by Paritz & Company, P.A. during the years ended December 31, 2013 and 2012 for professional services for the audit of our financial statements and the review of financial statements included in our Forms 10-Q and SEC filings were $19,115 and $11,200 respectively.

Audit-Related Fees

Paritz & Company, P.A. did not provide and did not bill and it was not paid any fees for, audit-related services in the years ended December 31, 2013 and 2012.

Tax Fees

Paritz & Company, P.A. did not provide, and did not bill and was not paid any fees for, tax compliance, tax advice, and tax planning services for the years ended December 31, 2013 and December 31, 2012.

All Other Fees

Paritz & Company, P.A. did not provide, and did not bill and were not paid any fees for, any other services in the fiscal years ended December 31, 2013 and 2012.

Audit Committee Pre-Approval Policies and Procedures

The entire Board of Directors, acting as the Audit Committee shall pre-approve all audit engagement fees and terms and pre-approve any other significant compensation to be paid to the independent registered public accounting firm. No other significant compensation services were performed for us by Paritz & Company, P.A. during 2013 and 2012.

PART IV

Item 15. Exhibits and Financial Statement Schedules.

Exhibit No.			Description

3.1 (1)			Articles of Incorporation.

3.2 (1)			ByLaws.

4.1 (1)			Specimen Stock Certificate.

10.1 (1)			License Agreement dated May 12, 2010 between the Company and Nicholas M. Sorge Sr.

31.1 (2)			Certification of Chief Executive Officer filed pursuant to Rules 13a-14 and 15d-14 promulgated under the Securities Act of 1933.

31.2 (2)			Certification of Chief Financial Officer filed pursuant to Rules 13a-14 and 15d-14 promulgated under the Securities Act of 1933.

32 (2)			Certification of Chief Executive Officer and Chief Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101*			The following financial information from the Company’s Annual Report on Form 10-K for the year ended December 31, 2011 formatted in XBRL (eXtensible Business Reporting Language): (i) Condensed Balance Sheets; (ii) Unaudited Condensed Consolidated Statement of Operations; (iii) Unaudited Statement of Stockholders’ Equity; (iv) Unaudited Condensed Statement of Cash Flows for; and (v) Notes to Unaudited Condensed Financial Statements, tagged as blocks of text.

(1)

Filed with the Registrant’s Registration Statement on Form S-1 filed September 22, 2010 and incorporated herein by reference.

(2)	Filed herewith.

* Users of this data are advised that pursuant to Rule 406T of Regulation S-T, this XBRL information is being furnished and not filed herewith for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and Sections 11 or 12 of the Securities Act of 1933, as amended, and is not to be incorporated by reference into any filing, or part of any registration statement or prospectus, of Empire Global Gaming, Inc., whether made before or after the date hereof, regardless of any general incorporation language in such filing.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this amended report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 26th day of March, 2014.

EMPIRE GLOBAL GAMING, INC.

By:	/s/ Nicholas Sorge, Sr.,
	Nicholas Sorge, Sr., President and Director

By:	/s/ Dolores Marsh
	Dolores Marsh, Chief Financial Officer, Secretary and Director

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the registrant and in the capacities indicated.

NAME	TITLE	DATE

/s/ Nicholas Sorge, Sr.	Principal Executive Officer, President and Director	March 26, 2014
Nicholas Sorge, Sr.

/s/ Dolores Marsh	Chief Financial Officer, Secretary and Director	March 26, 2014
Dolores Marsh

Name and Address of Beneficial Owner

Number of

Shares

Beneficially

Owned

Percentage

of Shares

Beneficially

Owned (1)

Nicholas Sorge, Sr. (2)

555 Woodside Ave.

Bellport New York 11713

Dolores Marsh (3)

555 Woodside Ave.

Bellport New York 11713

Officers and Directors as a Group