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March 27th General news ... Bet On Sports at beton-sports.com
APP HOME SELECTS MAHJONG TIME
2021-06-03
Facebook app developer goes online
Online Mahjong software provider, Mahjong Time announced the signing of its latest licensee this week, Facebook applications developer App Home.
App Home selected Mahjong Time's social-specialized software to power its newest brand, Mahjong Kings.com. The company says its Mahjong Facebook Kings app has 54 000 active players.
Slava Novozhenya, CEO, Mahjong Time said: "This new partnership with App Home is very exciting. Mahjong Time's robust software platform, with social tools and web 2.0 integration, combined with App Home's strong, far-reaching brand development will be a powerful alliance. Mahjong Time has continued to grow last year, and, with App Home as our latest licensee, we look to build on this growth for the remainder of 2011."
Elad Natanson, Founder of App Home added: "We are very excited to get into online Mahjong gaming. Integration with Mahjong Time's software was quick and seamless, and the initial results have been very encouraging. App Home is committed to providing the best Facebook applications, and by utilizing Mahjong Time's leading software we can continue that commitment in the world of online Mahjong."
VIRTUE FUSION BEST ONLINE BINGO SOFTWARE AWARD
2021-06-03
Voted the best by industry members
Playtech's internet bingo developer Virtue Fusion won Best Online Bingo Software for the third year in a row at the Online Bingo Industry Awards in recognition of its best-of-breed products.
Award winners were determined by votes from over three hundred industry delegates and attendees at the Sixth Online Bingo Summit held at the Victoria Park Plaza in London.
Rob Keown-Boyd, Commercial Director, Virtue Fusion said: “Virtue Fusion’s continued success at the Online Bingo Industry Awards further consolidates our reputation as the leading name in the market.
“It is extremely satisfying to have won this award for the third consecutive year, especially as the votes come from key members of the industry itself. We are pleased that once again our efforts haven’t gone unnoticed by our peers and will continue to build on this success in the year ahead.”
EVERYMATRIX PARTNERS WITH OLYMPIAN TRADING
2021-06-03
Deal provides sportsbetting, gaming and bingo to multiple online brands
Olympian Trading Limited, parent company to IAM Corp who represent multiple online gaming brands including GR88.com and Bulldog777.com has entered into an agreement with gaming software firm EveryMatrix for the provision of its OddsMatrix sportsbook, GamMatrix gaming management platform and RakeMatrix bingo network.
The GamMatrix gaming management platform will enable the seamless integration of third party casino products from Microgaming and CTXM as well as poker from Merge.
The online gaming brands represented in the deal will offer mobile sports betting via the new OddsMatrix Mobile Sportsbook set for launch late July 2011.
Peter Karroll, CEO, IAM Corp said: “IAM Corp is extremely excited to embark on this new adventure and partnership with the EveryMatrix products, working with them not only for the current brands but also for the future IAM Corp clients who wish to enjoy the most efficient and experienced turnkey online gaming operations available anywhere in the world.”
AAMS AND ARJEL IN COLLABORATION
2021-05-18
Italian and French regulatory bodies in co-operation agreement
The Italian regulator AAMS is due to sign a memorandum of understanding with French regulatory body ARJEL in the near future, tmnews.it reported this week.
The memorandum seemingly covers various issues including the exchange of information on licenced operators, player protection, defending the integrity of sport and the fight against unlicenced operators.
AAMS and ARJEL have refuted media speculation that the agreement may lead to a shared liquidity over the two jurisdictions.
UNIBET POSTS STRONG Q1/2011 RESULTS
2021-05-11
Company performs well across all its major markets
Malta-based online gambling and betting company, Unibet Group plc delivered another strong quarter in its interim report for the period January to March 2011.
The company's withdrawal from France represented 23 percent of gross winnings revenue in 2010, yet the company still posted a growth of 16 percent in gross winnings revenue during its first quarter 2011 and has shown a gain in market share in the Nordic region.
Key performance indicators for first quarter 2011 include:
- Gross winnings revenue amounted to GBP 37.5 million (Q1/2010: 41.8 million)
- Profit from operations amounted to GBP 11.2 million (Q1/2010: 10.6 million)
- Profit after tax amounted to GBP 10.0 million (Q1/2010: 9.5 million)
- Number of active customers at the end of the quarter was 328,054 (Q1/2010: 379,473)
- Gross winnings revenue for sports betting amounted to GBP 15.4 million (Q1/2010 17.6 million)
- Gross winnings for other products amounted to GBP 22.1 million (Q1/2010: 24.1 million)
- Live betting accounted for 57 percent (Q1/2010: 52 percent) of turnover on sports betting, excluding Free Bets
Henrik Tjärnström, CEO of Unibet said: "I am pleased to announce that the first quarter of 2011 was another strong quarter for Unibet were we have continued to perform well across all our major markets fully in line with our strategy.
“In the Nordics the growth year on year was 24 per cent which shows that we are gaining strong market share. The rest of the business has also grown well especially considering that France represented 23 per cent of the gross winnings revenue last year. "
The company's strategy for the next three years will see it re-focusing on core markets such as the Nordics and delivering a profitable growth even as Europe's markets develop and re-regulate.
“I expect consolidation within our industry to develop further, and we continue to evaluate opportunities that enhance shareholder value. Options for controlled growth in new regions are also constantly under review, with Unibet focusing on regions with high potential for long-term profitability,” Tjärnström added.
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