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Record Q1 for GameAccount Network
Wednesday May 1, 2013 : GAMEACCOUNT NETWORK DELIVERS RECORD FIRST QUARTER
Mobile and Italian operations perform above expectation
GameAccount Network has reported record trading during its first quarter 2013 driven by new product launches in Italy's regulated internet gaming market and mobile gaming in various European markets.
The company said Italian online casino games grew by 170 percent in terms of gross gaming revenue while active players grew by 273 percent compared to the same period last year.
Mobile operations also delivered a strong performance with the firm reporting growth of 204 percent in handle from real money mobile games, a 33 percent increase on the average wager on a mobile device and yield per active player day on mobile devices growing by 47 percent compared to the last quarter of 2012.
Martin Smith, GameAccount Network’s Chief Games Officer observed, “In the current quarter, our mobile games development team will deliver our first two HTML5 mobile casino table games, designed to complement the growing suite of downloadable gaming Apps.
“GameAccount Network’s investment in mobile gaming has delivered strong results for our operator clients with average wager sizes on mobile devices approaching those of long-standing Adobe Flash client applications coupled with strong incremental customer acquisition.”
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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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