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GamingAccount In Talks With US Casino Operators

GAMINGACCOUNT IN NEW TALKS WITH U.S. CASINO OPERATOR
 
Parties reportedly exploring the possibility of a Europe and Asian facing, real-money online gambling enterprise.
 
The Irish Times reported Thursday that Dermot Smurfits GamingAccount (GAN) is currently exploring the set-up of a Europe and Asian-facing, real-money online gambling enterprise for an unnamed US casino operator.
 
The talks are apparently at "an advanced level" and will involve basing the proposed business away from America, where the difficult legislative and political regime discourages many would-be online gambling operators.
 
Our  readers will recall that GAN has made some inroads into the US market with its Simulated Gaming product, through which it has established links with over a dozen US land casino operators interested in using it as a promotional vehicle in preparation for a possible legalisation of online gaming in the US at some stage.
 
GAN CEO Dermot Smurfit has claimed that he has held talks with several US land casinos with revenues of more than $1 billion.
 
He expects the new collaboration to bear fruit later this year, but refuses to identify the potential US partner, saying only that if the deal is successful GAN would supply the technology, the games and the licenses to the US operator, which would then incorporate its own branding on the service and target only countries outside the US where online gambling is legal.
 
“We can provide access to countries where there are regulated markets covering 29 percent of the world’s population,” said Smurfit. “This is a big strategic move for us. The market hasn’t yet seen a major US land casino enter online in Europe.”

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Gambling News :

Netent Enters Mexico With Deal With Codere - The statement advises that the agreement enables the Swedish company to provide its portfolio offerings to Codere through that company’s existing operator license.

Winamax Poker Launches Dealers Choice Games - The Dealer's Choice in poker format is not a new concept, but Winamax enlivened the French online poker scene by introducing it last week, taking advantage of looser game restrictions by the French regulator ARJEL.

2016 Unibet Poker Open Bucharest main event Results - Romanian poker ace Traian Bostan banked Euro 100,000 this weekend after winning the Euro 1,100 buy-in Unibet Poker Open Bucharest main event hosted by the JW Marriott Bucharest Grand Hotel.

Limited Gambling To Be Allowed in Bermuda - After two years of discussion senators in the self-governing British overseas territory of Bermuda finally approved the Casino Gaming Amendment Act 2016 last week, ushering in a potentially more liberal and practical approach to gambling in the Caribbean island nation.

Crown Resorts Employees Should Confess - Youxi suggested that Crown should hire good lawyers to defend its employees, something Crown's existing Chinese legal representatives may regard as offensive.

Jack Lam on the Run - "Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei,” she said, observing that there was no record of any return to the Philippines since his departure.

Golden Jungle Slot - IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.

Philippines president Orders Arrest of Jack Lam casino magnate - Rodrigo Duterte, the shoot-from-the-hip Philippines president, has intervened in the fast-moving bribery scandal involving his Justice Secretary Vitaliano Aguirre, Pagcor chief Andrea Domingo and Macau-based casino magnate Jack Lam

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

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