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Next Group Holdings To Launch Live Dealer
Sunday March 13,2016 : DOES NEXT GROUP HAVE LIVE DEALER AMBITIONS?
Miami-based mobile technology firm mulls option to obtain controlling stake in video streaming company.
The announcement this week by Miami-based mobile technology specialist Next Group Holdings that it is considering an option to acquire a controlling stake in gambling video streaming firm Lubar Technologies triggered immediate speculation that Next may have live dealer gambling ambitions.
Founded in 2002, Lubar has applications that allow real physical casinos located throughout the world to market games - including blackjack, poker, roulette, and dice games - to the online gaming market.
“Focusing on providing the best video quality, audio clarity, and usability for end users and service providers, Lubar's video conferencing gaming system transforms the way players participate in online gaming, while enabling physical casino operators profitable new services and revenue streams,” a statement from the company claims.
Lubar owns patents for its technology in more than 20 countries throughout the world, information that can be accessed here: http://www.lubar-tech.com/patents.html.
Arik Maimon, chief executive of Next Group commented in a presser this week:
"If, as expected, we exercise the option, we plan to integrate certain unique features of NxtGn's proprietary AVYDA HD video technology into Lubar's products and services, making the Lubar user's experience even better."
"Deploying NxtGn AVYDA technology will give us a competitive advantage in the $30 billion per annum online gaming industry," said Yacob Rafaeli, founder and CEO of Lubar.
Under the option agreement, after completing due diligence, Next will have the right to acquire 78 percent of the membership interests in Lubar Technologies, LLC for $1,500,000, all in Next common shares.
Gambling News :
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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