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Gaming Laboratories acquires Bulletproof Solutions

GAMING LABS INTERNATIONAL ACQUIRES CANADIAN I.T. SERVICES COMPANY
 
Agreement signed on Bulletproof Solutions.
 
Global testing group Gaming Laboratories International has announced the acquisition of Bulletproof Solutions, Inc., a Canadian IT services company with a strong and growing portfolio of successful contract and project services.
 
The company did not give details of the consideration agreed upon.
 
The investment underscores the GLI Groups commitment to Canada, and in particular, New Brunswick and the Atlantic Provinces, the group said in a press statement Thursday.
 
The entire leadership team and executives at Bulletproof, including the senior management team led by Steven Burns, Jeff Shaw and Andrew Jefferies, will continue to operate the company following the acquisition.
 
Both companies plan to leverage Bulletproofs IT services capabilities throughout other provinces in Canada and in the United States.
 
In addition to traditional and core market clients in the public and commercial sectors, Bulletproofs offering will be available immediately to gaming, lotteries and voting machine related companies - all sectors where the GLI Group maintains a market share in testing related services.
 
The GLI Groups principal owner James Maida said, "While the GLI Group has businesses globally, the Atlantic Canada region is critically important to our strategy. The Bulletproof team has done an impressive job building a globally competitive company in New Brunswick. Were excited about the opportunity to expand Bulletproof throughout Canada and globally with New Brunswick as the base of operations.
 
"We see opportunities to expand into markets across Canada and the rest of the world. Atlantic Canada is a great place to do business and an ideal place to concentrate some key centralized services Bulletproof provides.
 
“Were going to deliver those services to a wider export market across the world. At the same time, we see an opportunity in parallel for on the ground operations to expand into other key regions of Canada and the USA."
 
Maida added that GLI is committed to growth in the Maritimes, commenting:
 
"Given the provinces recent announcement on the development of its cyber-security strategy, we see great potential in being part of the implementation and growth opportunity by investing in existing infrastructure and competencies in the region. We find great synergies investing our capital there."

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The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

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New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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