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LiNiu Technology Group Announces Strategic Cooperation Agreement with The Peoples Insurance Company of China Limited's Guangzhou Branch

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LiNiu Technology Group (f/k/a Iao Kun Group Holding Company Limited)
("LINU" or the "Company") (NASDAQ:LINU), which launched its electronic
trading platform focused on the Chinese agricultural industry in April
2017 through Guangzhou LiNiu Network Technology Co., Ltd. ("Guangzhou
LiNiu"), today announced that it has signed a three-year strategic
cooperation agreement with The Peoples Insurance Company of China
Limited's ("PICC") Guangzhou branch.

PICC, a listed company on the Hong Kong Stock Exchange, which engages in
property and casualty insurance, life and health insurance, asset
management and financial services, is one of the largest insurance
financial groups in China. Total gross written premiums for PICC in 2016
were approximately RMB439.8 billion. Within that total, gross written
premiums from agriculture insurance were approximately RMB19.5 billion,
and PICC also generated gross written premiums of approximately RMB36
billion from contracts written in Guangdong province.

Through the agreement, the companies will work together to develop new
insurance products tailored for farmers, rural residents and the
agricultural industry that would help in solving the Three Rural Issues.
Guangzhou LiNiu will also prioritize the promotion of PICC's insurance
products to customers of its LiNiuYang trading platform, while PICC in
turn will promote LiNiuYang's products, services and platform to its
customers through brochures or booths in its branch offices. In
addition, both companies will meet regularly and share knowledge and
information to help improve their efficiency through enhanced risk
management, information management and e-commerce development.

"We are pleased to be working closely with PICC to help further enhance
our presence in Guangdong province while devising new products in
concert with PICC that should provide additional benefits to customers
of our LiNiuYang platform," said Mr. Wang Shun Yang, co-Chief Executive
Officer of LiNiu Technology Group.

About LiNiu Technology Group

LiNiu Technology Group (NASDAQ:LINU) recently launched the LiNiu
Network, a Business to Customer ("B2C"), Customer to Customer ("C2C")
and Online to Offline ("O2O") electronic trading platform focused on the
Chinese agricultural industry. The Company also currently participates
in the promotion of VIP gaming at the Altira Macau. For more information
on the LiNiu Network, please visit www.liniuyang.com.

Forward-Looking Statements

This press release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements, based upon the current beliefs and
expectations of the Company's management, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward-looking statements. Factors that could cause actual results to
differ materially from management's current expectations include but not
limited to those risks and uncertainties relating to future business
development; ability to maintain the reputation and brand; privacy and
regulatory concerns; competition; security breaches; the continued
growth of the e-commerce market in China; and fluctuations in general
economic and business conditions in China and assumptions underlying or
related to any of the foregoing. The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein to reflect any change
in our expectations or any changes in events, conditions or
circumstances on which any such statement is based, except as required
by law. Investors and potential investors should consult all of the
information set forth herein and should also refer to the risk factors
set forth in the Company's Annual Report on Form 20-F filed in April
2017, and other reports filed or to be filed from time-to-time with
the Securities and Exchange Commission.

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