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Thursday September 26,2013 : SAVE ON INTERNET GAMBLING TRANSFER FEES WITH SKRILL
 
Skrill iT is a new service designed to cut money transfer fees in half.
 
Online gambling fans using the Skrill e-cash processing service will be pleased to hear about a new product titled Skrill iT, a service that has been designed to cut money transfer fees in half.
 
Skrill iT will be accessible in more than 200 countries to senders and receivers, with money transfers available in 40 different currencies, and users requiring only an email address to transmit funds securely via the internet.
 
Transmission is immediate, which means the money is received instantly and can be transferred to a bank account or withdrawn from over 1.9 million ATMs around the world using a Skrill Prepaid MasterCard.
 
The World Bank has predicated the global remittance market will be worth around $608 billion (Euro 456 billion) by 2014 – with $468 billion flowing into developing countries.
 
The World Bank has also set a goal for global money transfer costs, which currently average at 9 percent, to be reduced – something a Skrill statement said the company is committed to doing.
 
Skrill's VP of electronic remittances, Jonathan Wood, says that money transfer represents a crucial lifeline for millions, yet until now, the process has been more reminiscent of the previous century, and not the current digital age.
 
“Skrill iT significantly cuts the current cost of money transfer," Wood claims. "Skrill iT means customers can send money instantly and globally for just 1 percent (capped at a Euro 10 maximum fee) plus a FX fee ranging from 2.99 percent for the major currencies through to no more than 4.99 percent for even the smallest of currencies.
 
“As a result, fees are cut by up to half compared to the current average of 9 percent.”
 
The private equity group CVC Capital Partners acquired Skrill (formerly Moneybookers) last month



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Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

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MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

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