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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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