Parlay Entertainment has signed a three-way relationship with Atacmedia and Beast Gaming.
Online Bingo
Playtech acquires Virtue Fusion
Online gaming software firm Playtech Ltd has acquired the business and assets of Virtue Fusion. The company would pay an initial £29 million in cash plus up to £7 million in the first four months of 2011 based on Virtue Fashion’s performance in 2010.
The transaction is anticipated to be earnings accretive in 2010, according to Playtech.
The transaction is anticipated to be earnings accretive in 2010, according to Playtech.
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888 acquires Wink Online Bingo
888 Holdings has entered, through a wholly owned subsidiary, into an agreement to acquire the assets comprising the Wink Online Bingo business from Daub Limited.
Gigi Levy, CEO of 888 Holdings, said the acquisition marks an expansion of group’s B2C online Bingo footprint in the lucrative UK market.
Gigi Levy, CEO of 888 Holdings, said the acquisition marks an expansion of group’s B2C online Bingo footprint in the lucrative UK market.
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PartyGaming highlights bingo’s contribution in quarterly results
Online gambling group PartyGaming delivered total revenue of $112.7m (2008: $117.7m) in the three months to 30 September 2009.
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Pooling the liquidity of over 80 bingo partners
HemBingo, a part of Swedish media company United Media, recently became the first bingo site to upgrade to GTECH G2’s new improved Bingo 2.2 software.
The software has new features including multi currency, linked games and a suite of mini games incorporated into the bingo game window.
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Promoting bingo to a wider audience
IN-DEPTH: Interview with Parlay Entertainment’s CEO Scott White
Parlay Entertainment is making the transition from a software development and licensing firm to an internationally-focused turn-key managed solutions provider.
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Is consolidation in the white labels space in the offing?
GTECH G2’s commercial director Leigh Nissim expects consolidation of white labels to occur on a profit-based incentive deals rather than equity purchases.
By Ritesh Gupta
The market for white label gaming solutions in Europe has witnessed significant developments including increasing competition this year.
By Ritesh Gupta
The market for white label gaming solutions in Europe has witnessed significant developments including increasing competition this year.
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Foxy brand stretched to e-commerce platform
Online bingo brand Foxy has moved into the online shopping arena. The new initiative, foxystreet.com, is owned by Cashcade Ltd.
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Bingo.com emerges as the most visible bingo website
Bingo.com was visible on the first page of results in 68% of bingo-related searches made on Google.co.uk in June, according to a research, produced by search marketing company Greenlight exclusively for eGamingReview.
As per the findings, Bingo.com has replaced FoxyBingo in the top slot.
As per the findings, Bingo.com has replaced FoxyBingo in the top slot.
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Bingo.com’s loss widens in Q2
Online gaming community operator Bingo.com has shared that intense competition in the UK market has resulted in a reduction of individual player values in the second quarter.
The company’s second quarter gaming revenue was £957,040, an increase of 41% from gaming revenue of £678,108 for the second quarter of the prior year. Its loss increased by 9% to $266,702.
The company’s second quarter gaming revenue was £957,040, an increase of 41% from gaming revenue of £678,108 for the second quarter of the prior year. Its loss increased by 9% to $266,702.
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