Talks appear to have failed, now the focus changes to litigation Playtech's troubles over its acquisition of Ava Trade Ltd (see previous InfoPowa reports) continued Tuesday with an update from the company suggesting that it has been unable to resolve the opposition to the deal of the Central Bank of Ireland, and will formally challenge the bank's decision. The update...
Central Bank of Ireland opposes takeover Playtech has run into opposition from the Central Bank of Ireland regarding its acquisition of Ava Trade Limited (see previous InfoPowa reports). In a stock exchange notification Monday Playtech advised that late on Friday , it received a letter from the Central Bank of Ireland opposing the proposed acquisition of Ava Trade. "Having taken...
Latest assault caused losses of $200,000 at Winning Poker Network Winning Poker Network has confirmed that it was again the subject of a Distributed Denial of Services attack late Sunday - the latest in a series targeting the operator, who has refused to pay ransom to the perpetrators in the past. Early reports suggest that the company's losses due the...
Cladstone Limited has announced that it is to shut down end October Isle of Man-based online bingo and casino operator Cladstone Limited has announced that it will be closing down at the end of October and has consequently curtailed all new registrations and deposits. Players who fail to use or withdraw their account balances by then will find they have...
Brings technical and design know-how to the table Real-money HTML5 Developer Program and Marketplace Odobo has appointed Mat Ingram to head up content strategy. Prior to this appointment, Ingram ran his own consultancy working within the gaming industry. He previously served a long stint at Inspired Gaming Group in various roles that include managing director - interactive, managing director -...
Sweden's Betting Promotion provides b2b sports betting solutions Swedish sports betting solutions provider Betting Promotion is set to be acquired by operator Nordic Leisure in a shareholding deal that will see the latter acquire 74.4 percent of the company. Financial details of the deal with major shareholders were not disclosed, and the agreement still has some way to go in...
Agreement inked earlier this year sees a land-gambling slot delivered online Earlier this year land-based slot developer Live 5 signed a content provision agreement with HTML5 games provider CORE Gaming to supply its popular land-based slot The Sky's The Limit for online use, and this week the deal came to fruition with the launch online and for mobile of the...
Suomi Casino is a white label operation from Game Lounge Malta-licensed online gambling provider Game Lounge has announced the launch of its second white label online casino, a Finnish-facing site branded Suomicasino.com. Game Lounge CEO Jonas Cederholm said Wednesday that the enterprise had been created in collaboration with the Cherry Group. "Expectations are high, with a clear vision to quickly...
Genting"s "The Player" and 'Why aren't you in Sky Vegas?' from SkyVegas UK online punters will soon be bombarded by more new television advertisements as Genting and Sky Vegas drum up business through their respective advertising agencies. Genting Alderney Limited is going after "The Serious Player" as part of a big-money campaign which kicks off next week. Created by LRD...
Cambodian government awards 10 new licenses, mostly in the south west The Cambodian government has issued 10 new land casino licenses but says that the new operators are mainly interested in online opportunities that are possible through the licenses; in Cambodia, land licensees can add online gambling to their offering. Ros Phearun, deputy director general of the financial industry department...