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Betonline Take Controll of Sportsbetting.ag
Tuesday June 26, 2012 : BETONLINE INVESTORS BETTING ON SPORTS BETTING.AG
New infusion of capital leads to big improvements all round
Unidentified investors in the Panama City-based online gambling enterprise BetOnline.ag are branching out by taking over a controlling share of Sportsbetting.ag, giving the business improved software from DGS and ASI, along with faster pay-outs, better promos and a revamped website.
"The new shareholders unconditionally guarantee past and future payouts from SportsBetting.ag,” a company spokesman said this week, but added the caveat that a sizeable backlog of pending pay-outs, and a need for various fraud checks, may slow the process somewhat.
"Once the backlog is complete, clients will experience drastically improved payouts thanks in part to upgraded payment options, including same day options,” the spokesman said.
SportsBetting.ag will continue to operate as a standalone brand offering sports wagering, horse betting, digital casino, poker and live casino under its new ownership.
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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