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BUILDING INTERNET PLAYER BASES WITH AUCTIONS
6/1/10 - Readers may well ask what penny auctions have to do with online gambling, and the answer is that growing numbers of online gambling operators are finding that adding such a facility increases interest and site traffic.
The Swedish company Auctionbringer Ltd claims it is the world’s first B2B provider of a Penny Auction network, and its latest partner is software and network developer Tain.
Auctionbringer’s simple API integration will provide Tain’s licensees with an opportunity to offer this interesting product to existing players whilst also using it as a unique acquisition tool to attract new customers.
Mathias Larsson, managing director of Auctionbringer says: “We are excited to sign Tain as a B2B partner. Their experience and contacts in the gaming industry makes them an ideal associate for us. Tain’s customers will now have the opportunity to be first to the market with Penny Auctions, a product we are confident will be an integral part of all future online gaming portfolios.”
Tain chief executive, Christer Fahlstedt, said the agreement with Auctionbringer will enable Tain to offer a unique addition to its expanding portfolio of games, either through its TCP platform solution or on a turn-key basis.
This Penny Auction network will be primarily focused on the European markets and since it is not considered gambling, it is also a very exciting opportunity for the American market.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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