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Gambling Eprocessor WorldPay Offline and Delayed Payments

E-PROCESSOR TECHNICAL PROBLEMS HALT ONLINE GAMBLING PAYMENTS
 
WorldPay has been off-line for two weeks.
 
The London-listed e-processor WorldPay is creating problems for e-commerce companies - including online gambling firms - due to technical problems that have knocked it offline for the past two weeks.
 
The Financial Times reports that millions of payments daily are affected by the technical outage, leaving many customers unable to receive payments from the companies using WorldPay.
 
The newspaper notes that online sports betting provider Stan James has had to use social media to apologise to its players for the delays in payments and inconvenience, triggering some angry responses.
 
In a public statement apologising for the outage, WorldPay explained that it was “experiencing an isolated issue with one of its gateways which is affecting a very small proportion of our customers (substantially less than 1 percent) and a small proportion of the transactions that we process daily”.
 
One insider told the newspaper that the problem had been caused by an overload of error messages in one of its payment processing servers caused by the recent introduction of new software and system changes.
 
The surge in messages meant the server needed to be taken offline and the outstanding batch payments had to be reconciled manually for some customers of its high capacity gateway, which handles millions of payments a day.
 
“We have been working daily with Worldpay to resolve the issue, yet Worldpay are telling our customers that there is no problem with the gateway - which is untrue,” said an executive at one unidentified online gambling company affected by the outage.
 
He revealed that he had reported the issue to the Financial Conduct Authority.
 
The National Lottery also took to Twitter to advise players that it was “working closely with Worldpay and they expect this issue to be resolved shortly” after a customer complained he had been waiting eight days for a refund of more than GBP 1,000.
 
The FT notes that Worldpay spent GBP 400 million to build a new platform with the capacity to handle more than 325 different payment methods around the world.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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