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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 :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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