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TOP UK TECH FIRM RANKING INCLUDES GAMEACCOUNT AND BET365
Monday September 19,2011 : Stellar growth over past three years despite recession
Online gambling companies, GameAccount Network and Bet365, have made it in to "The Sunday Times Tech Track 100" league table ranks this year.
Tech Track 100 rates Britain's fastest growing, privately-owned telecoms, technology and media companies published annually every September in its league table in The Sunday Times.
Internet gaming software developer GameAccount Network was ranked 29th on the table this year with sales growth of 76 percent a year from GBP 2.8 million in 2007 to an annualised GBP 15.1 million in 2010.
A delighted Dermot Smurfit, managing director, GameAccount Network said: “Due to the hard work invested by all employees of GameAccount Network, our monumental software engineering skills, burgeoning games portfolio, wide-reaching Platform deals and consequential fast-growing sales, we are proud to have been nominated and win a place in this year's top 100 fastest-growing UK technology companies."
The Coates-family-owned online gaming operator bet365 came in at 67th position with a turnover of GBP 501 million in 2011 up 47 percent a year from 2008. The 2011 table listed Bet365 with the biggest pre-tax profits of GBP 93 million.
Father and daughter, Peter and Denise Coates were also acknowledged in 90th position nationally on “The 23rd Sunday Times Rich List 2011” published in May this year
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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