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Fast Forward acquires stake in Moon Active

Monday August 1,2016 : FAST FORWARD ACQUIRE STAKE IN MOON ACTIVE

Social games developer a good bet, says CEO.

AIM-listed investment firm Fast Forward Innovations Limited (Fast Forward) has acquired a 5.9 percent stake in Israel-Based private social gaming developer Moon Active for a total consideration of $500,000 or $22.78 per subscription share.

Moon Active, founded in 2011, develops games for iOS and Android devices as well as for the Facebook platform.

“Moon Active represents the exact type of gaming and technology company that FastForward is focusing on and will continue to invest in,” Lorne Abony, chief executive officer of Fast Forward said. “Under the leadership of CEO Samuel Albin, the company, while still in its early-stages is growing very quickly, while utilizing the latest and most advanced technology to create a fantastic experience for users.”

InfoPowa readers will recall former bwin chief executive officer Norbert Teufelberger being appointed by FastForward in April 2016 in the role of “Special Adviser” to the Company.

Teufelberger’s role involves supporting FastForwards initiatives in identifying early stage investment opportunities in the technology and gaming industry.

Moon Active social gaming titles comprise Wonderball Heroes, Bitter Sam, Super Sam, Super Sam Adventures and its most recent Coin Masters.



Gambling News :

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

Historic weekend at Americas CardRoom - ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.

WPN Affiliates Headed to Berlin Affiliate Conference - With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.

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