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Newgame Invests in AlchemyBet
4/23/2012 : NEWGAME BACKS ALCHEMYBET
Second high potential investment
The digital gaming-focused venture capital fund NewGame Capital, formed by Cashcade co-founders Simon Collins and Patrick Southon and supported by Bwin.Party Digital Entertainment, has reportedly made its second investment in mobile games developer AlchemyBet.
The fund set up towards the end of last year with an initial GBP 15 million investment from Bwin.Party and another GBP 1 million from the investment team was formed to invest in high potential start-ups in the monetised digital gaming arena including casual, social, online and mobile platforms.
NewGame Capital supports its new investments, its first being Avatingo , with more than just financial means, sharing its connections, delivering advice on licensing, payment processing and the like to ensure its investment reaches full potential - "when you talk to young start-ups, they don’t have the first idea what they would do about tax or how to market and promote their services,” says Simon Collins.
Sheffield-based AlchemyBet earlier this year launched its new mobile brand "Pocket Fruity", a mobile casino slot game destination themed around the original fruit machine slot format. Featuring high definition and HTML5 technology, Pocket Fruity is available in both download and Flash and is compatible with most smartphone platforms.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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