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AUSSIE ONLINE GAMBLING SOFTWARE PROVIDER UP FOR SALE
6/7/10 - The management of Betoptions Limited, an Australian developer of race and sports wagering technology solutions for the international gaming and betting sectors, has announced that the company is being put up for sale.
The reasons for the sale appear to be the withdrawal of a major shareholder.
The Melbourne-based firm claims it is ‘profitable with positive cash flow’ and currently has five licensees using its software.
Betoptions was founded in 2001 and has 24 employees specialised in the building and selling of integrated wagering systems to fixed-odds betting providers, bookmakers, sports books and venue operators around the world.
The company announcement advises that Betoptions has been approved as a betting technology supplier in Britain, the Western Cape Gambling Board in South Africa and Australia’s Northern Territory and Tasmania.
“The company’s flagship Internet wagering solution, Wagerplayer software, has been approved for operation in the UK, Isle Of Man, Gibraltar, South Africa’s Western Cape, Australia’s Tasmania, Northern Territory, Australian Capital Territory and Victoria and the Philippines while a licence application has been lodged in Nevada,” a spokesman said.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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