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01/05/2012 : GEOBET GAMBLING NETWORK LAUNCHED
Company positions network for tribal casinos and smaller land-based casino operators
International Arts Management Corp (IAMC) this week announced the launch of GEOBet.com, a global gambling network operated by Olympian Trading Limited and North Star Entertainment Limited.
The GEObet solution includes products from EveryMatrix, Microgaming, CTXM and Merge networks offering sportsbook, casino, bingo, poker, affiliate tracking, automated banner delivery and back end systems across all channels.
The company appears to be targeting American tribal casinos and smaller independent casino operators interested in extending their land-based casino operations to online in the event of the internet gambling market opening up in the U.S.
“GEObet is positioned to be an extension of the land-based casino, supplying the tools and operations of a complete online casino gambling product without any significant upfront costs to the land-based operator,” said Peter Karroll, chief executive officer of IAM Corp, the marketing firm behind GEObet.
The company commits to the launch of a professional, licenced online casino solution in less than 90 days at less cost than operators setting up an operation themselves.
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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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