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CMedia acquires MediaGambling

The Spanish group CMedia finalised a major acquisition deal this week that sees it taking over the giant free gaming site MediaGambling, and access to that enterprise's more than 500 000 Spanish speaking players across Spain, France, Italy, Germany and Latin America.
 
MediaGambling was founded in Uruguay in 2002 by Maximiliano De Muro and Enrique Dubois, well-known Spanish internet entrepreneurs who also built and sold off major businesses such as Bingos.com (sold in 2008 to NetPlay TV), Wamba.com (sold in 2009 to Mio.tv) and SX Networks (sold in 2008 to a Spanish internet group). The company has over 600 representative brands such as PokerGratis.es, bingogratis.es, comojugarpoker.com, juegosdecasinogratis.com, juegomundo.com and o jeuxdepokergratuit.com, reports information portal Jamma.
 
Barcelona-based CMedia will add MediaGambling to its extensive and popular portfolio of online gambling websites such as aprenderpoker.net, forodepoker.es and comoapostar.com.
 
Christian Khoury, founder and CEO of CMedia 2007 SL, said that the acquisition “…is the response to the company’s objective of becoming a leader in the Spanish gambling world. For this purpose, MediaGambling´s faithful and solid traffic volume will join with CMedia offering us new markets in Spain, France, Italy, Germany and Latin America”.
 
Maximiliano De Muro, co-founder of MediaGambling commented: ”I am very proud that such an innovating company as CMedia, with so much potential, has chosen MediaGambling. [This] acquisition can only evidence the project’s great success. With the incorporation of MediaGambling, CMedia multiplies its network scope, achieving traffic volumes that approach a million unique users per month. Thus, it positions itself as leader in the Spanish gambling sector, and gains ground in other tongues."



Recent Gambling News :

Quebec Looking to ISP Block Illegal Online Gambling Websites - The Canadian provincial government in Quebec revealed in a budget statement Thursday that it plans to introduce a legislative amendment to “introduce an illegal website filtering measure” in an effort to increase revenues at its own online gambling portal Espacejeux, reports the Globe and Mail newspaper.

Zeal Network Annual Report - Online lottery group Zeal Network, formerly known as Tipp24, has posted a less-than-sparkling set of annual results that include a net profit dip of Euro 6 million, which the company’s board attribute to start-up costs at group subsidiaries and associates which would provide future returns.

Andrew West New Head of Unibet Poker - The good news this week is that popular Unibet online poker manager Andrew West has been confirmed in the post after just three months as the interim man in charge.

Government Leader Wants Macau To Diversift - Diversification was the one of the main themes of Macau chief executive Fernando Chui Sai-On when he presented his annual policy address this week, warning that his government is to strengthen its oversight of gambling companies, and may require that they regularly present development plans for review, and that these should also embrace non-gambling projects.

Iowa virtual horse racing machines repealed - Idaho's flirtation with virtual horse racing machines is about to come to an end after just two years, during which the 200 machines located in horse racing venues throughout the state became popular additions to the gaming facilities.

SecretSlots and Hunky Bingo Launch in the UK - British online punters have two more UK Gaming Commission-licensed websites to try this week following the launch by industry newcomer Tau Gaming of SecretSlots and Hunky Bingo, both powered by 888 subsidiary Dragonfish.

Coalition to Stop Internet Gambling warns on dangers of online gambling - The Coalition to Stop Internet Gambling, an action group funded by land casino billionaire Sheldon Adelson and dedicated to banning online gambling in the United States, has issued a statement announcing a new campaign to "create awareness of the dangers of Internet gambling."

Youtube has plans for live online game streaming - According to a report in the publication Ars Technica this week, Google's Youtube is about to become a competitor to Twitch (popular in online poker live streaming) which is currently the Internet's biggest live streaming platform and was bought by Amazon last year for almost a billion dollars.

Pearl Reef Slot Launches - The new product is a 5 reel, 70 pay-line slot that features stacked wilds and a persistent Jackpot figure, as well as free spins where the reel grid is reversed with the stacked wilds, increasing the potential for wins.

Net Entertainment to supply games to Danske Spil - Online gambling software provider Net Entertainment has announced that it has signed a content supply agreement with Danish online gambling giant Danske Spil for use in the Danish regulated market.

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