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London Capital Group and Betvictor in Deal
Monday January 14, 2013 : LONDON CAPITAL GROUP SIGNS BETVICTOR
White label spread trading offering goes live
Online betting firm BetVictor has entered into an agreement with London Capital Group for a white label financial spread trading solution.
The trading platform live at betvictorfinancials.com will allow customers access to trade indices, FX, equities, bonds and commodities through the use of LCG's proprietary spread betting and CFD platform.
"More and more companies - whether gaming or financial services - recognise the additional revenue and customer benefits of partnering with us to offer the financial spread betting and CFD products as a white label. Such partnerships remain a key part of our growth strategy, both in the UK and overseas", said Simon Denham, chief executive at London Capital Group.
Victor Chandler, chairman at BetVictor added: "We are delighted to partner with London Capital Group, who we have recognised as a leader in the provision of white label solutions to both financial and gaming operators. We recognise their product offering to be at the forefront of their industry as they, like us, embrace new technology and delivery. We certainly look forward to reaping the rewards of this new partnership."
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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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