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GameAccount Takes in Over 100 Million in Bets

Skill gaming provider GameAccount revealed this week that over GBP 100 million has been staked in the last quarter, a staggering 75 percent increase on the previous three-month period.
GameAccount, as skill gaming partner to many of the industry’s leading bookmakers including William Hill and Gala Coral, reported significant growth in recent months, bucking gloomy media speculation. With total stakes of just GBP 10.5 million in 2007, the results confirm that the company is one of the fastest growing online gaming firms in the UK.
GameAccount management reports that active user numbers have risen dramatically, up 38 percent on the previous quarter, with over 15 000 players logging onto GameAccount websites in the last week alone. The promising results auger well for a significant move into European territories for GameAccount, following an agreement last week with Gaming VC, owner of The Casino Club, the dominant online casino in German-speaking markets, and an earlier deal to provide skill games for Eurobet Italia (see previous InfoPowa reports).
The sustained rise of online skill gaming is being spearheaded by GameAccount – the first UK online gaming company to be licensed by the UK Gambling Commission. GameAccount manages a large network of games websites where players can compete against each other in tournaments and head-to-head matches for free or for real money. Traditional games such as dominoes, backgammon, poker dice and blackjack can be played remotely against a rival on the other side of the world.
“We’re beginning to see a change in the way people are playing games online and thankfully it’s in our favour,” says Kevin Dale, GameAccount CEO. “Partly in an effort to save money, more and more people are turning to the internet for their entertainment and our person-to-person skill games are exactly what they’re looking for.
“Potential partners are now wise to this and are directly approaching us as a provider. By exploiting the favourable conditions and reinvesting in product development and our technology platform we’re able to continually improve our offering and maintain our market-leading postion.”

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Gambling News :

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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