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WannaGaming to boost marketing
Saturday September 28,2013 : BETTER DAYS AHEAD FOR MOBILE GAMBLING GROUP?
New capital will enable WannaGaming to boost marketing.
Mobile gambling specialist 24/7 Gaming plc has taken something of a beating in terms of its share price in recent months in an erratic but generally southward trajectory as the Isle of Man registered group's net loss reached Euro 1.4 million, but help is at hand following the successful attraction of Euro 2.75 million in new investment capital following the firm’s recent listing on the AIM exchange in London.
CEO and founder Rogier Smit intends to use the new capital to boost marketing and attract more players, hopefully thus reversing the downward trend.
The company's activities are perhaps better known under its WannaGaming brand, which has a long term business relationship with market leader Microgaming Ltd. and Spin3 for its mobile gambling and gaming products, banking services and 24/7 international helpdesk services, and operates under a Maltese gambling license. The group also operates as WGM NV under a Curacao licence.
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ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
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Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
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The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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