Gambling News 12th December, 2014

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E-PROCESSOR SAFECHARGE IN $8 MILL ACQUISITION DEAL

12th December, 2014 at 12:00:26
Teddy Sagi's e-processor just got bigger.

SafeCharge, the e-processing company brought to the London market earlier this year by Israeli online gambling and property billionaire Teddy Sagi, continued its relentless growth this week with the $8 million acquisition of payment service provider CreditGuard.

Full Story: E-processor Safecharge In $8 Mill Acquisition Deal »

GAMES DEVELOPMENT START-UP RELEASES FIRST GAMES TO CASINOS

12th December, 2014 at 12:00:26
Prague-based Endorphina making good progress.

The Czech Republic-based online gambling games developer Endorphina has released its first games to established online casinos and sportsbooks, and says that more content deals are lined up, including with Bitcoin denominated operations.

Full Story: Games Development Start-up Releases First Games To Casinos »

EUROBET TAKES NET ENTERTAINMENT CONTENT ON BOARD

12th December, 2014 at 12:00:26
Deal enables NetEnt to better penetrate the Italian market.

InfoPowa readers may recall that in March this year, Swedish online gambling software provider Net Entertainment signed an agreement with platform supplier GameAccount Network, which enables NetEnt to offer its PC and mobile content to a number of well-established operators in Italy.

Full Story: Eurobet Takes Net Entertainment Content On Board »

KENILWORTH SYSTEMS SELLS PATENTS

12th December, 2014 at 12:00:26
Agreement with Interactive Systems Worldwide Inc worth $1.1 million.

Kenilworth Systems, a low value stock, technology company that industry veterans will recall has been dabbling with online and live dealer gambling projects for years without achieving too much success (see previous reports) has announced the sale of its patents-holding company to Interactive Systems Worldwide, Inc.

Full Story: Kenilworth Systems Sells Patents »

PULLING OUT OF REVEL SALE EXPENSIVE FOR BROOKFIELD (Update)

12th December, 2014 at 12:00:26
Atlantic City casino will keep the $11 million deposit.

Toronto-based Brookfield Asset Management may be ruing the day it won an auction for Atlantic City casino firm Revel Entertainment on a bid of $110 million.

Full Story: Pulling Out Of Revel Sale Expensive For Brookfield (update) »

COMEON INTERNET CASINO GROUP LAUNCHES BETSOFT CONTENT

12th December, 2014 at 01:57:04
5 brands carry new selection of games.

The ComeOn internet casino group, comprising ComeOn, Mobilbet, Suomikasino, Casinostugan and Folkeautomaten have all benefitted from a larger selection of games following the group's deal this week with online gambling software provider BetSoft.

Full Story: Comeon Internet Casino Group Launches Betsoft Content »

GAMBLING ADDICT WINS IN LEGAL ACTION AGAINST NOVOMATIC

12th December, 2014 at 01:57:04
Austrian court rules that addict was not responsible for his actions.

An Austrian punter who ran up debts of Euro 800,000 over a four year period at land-based slot machines operated by the Novomatic company has exploited his addiction to gambling to win a court case.

Full Story: Gambling Addict Wins In Legal Action Against Novomatic »

OPTIMAL PAYMENTS DIRECTORATE CHANGES

12th December, 2014 at 01:57:04
Chief financial officer departs.

Internet payment company Optimal Payments plc (parent group of Neteller) announced directorate changes Friday, including the departure of group CFO Keith Butcher.

Full Story: Optimal Payments Directorate Changes »