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Scientific Games acquired the assets of GameLogic
Terms of purchase not disclosed in acquisition of GameLogic Inc
Scientific Games Corp., an American listed company with which Playtech embarked on an online joint venture in January this year has announced another internet gambling industry deal.
The New York-based company has acquired the assets of the Boston online casino game and marketing software developer GameLogic Inc. Terms of the deal were not disclosed.
The Boston Globe reports that GameLogic was founded in 2002 and raised over $26 million from venture firms including Bain Capital Ventures of Boston, General Catalyst Partners of Cambridge and Maveron LLC of Seattle.
The company produces loyalty and marketing programs and online games, including a suite of games called PlayAway, which enables land casino operations to skirt US laws prohibiting online gambling by letting players buy and redeem online chips in a casino, but play games remotely, online.
Scientific Games, which provides tickets, software and services to lotteries, including the Massachusetts state lottery, said that it had also hired several GameLogic employees from the company’s development and marketing divisions.
The Boston Business Journal reported earlier this week that the bulk of Massachusetts’ $2 billion video-game industry appears cool to the prospect of online gambling, but industry watchers said players like Scientific Games and other lottery and casino-related technology companies are likely to benefit if Congressman Barney Frank’s proposal to legalise online gambling is successful.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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