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Gambling: Bookmakers Review Sold

Seven Media Group Limited, a company owned by two US businessmen and registered in the British Virgin Isles, has acquired the popular online sportsbetting information and ratings site Bookmarkers Review.com for an undisclosed consideration.
 
The unidentified owners of Seven Media Group are understood to have other online interests in the travel and financial services sectors, and intend to become involved in the online gambling industry following the acquisition.
 
Pierluigi Buccioli, who founded BookmakersReview and has agreed to remain with the company, has revealed that the new owners plan to release a new version of the website which will prominently feature community activity by bettors.
 
Posting on the BMR20.com blog, Buccioli wrote: "The majority of Bookmakersreview.com has been sold....if anything BMR will become stronger with the relaunch of the new site in September and while my new partners will oversee the development strategy putting their expertise at work to improve the monetization strategies of the site to build a stronger organization, I personally guarantee that I will remain actively involved in the rating process and the Bookmakersreview.com’s content will stay focused and worthy of your trust and my credibility."
 
Buccioli's new partners commented: "The Seven Media Group see this as a major opportunity to build on the existing credibility and respect BookmakersReview  has gained from players and industry operators alike."
 
Announcing the deal, Buccioli revealed that Seven Media would bring a number of benefits to BookmakersReview including providing the financial security necessary to hire staff to help manage the site’s day-to-day operations.
 
"My new partners have the necessary marketing experience and enthusiasm to take BookmakersReview.com to the next level without becoming biased towards the interests of those bookmakers that pay the highest commissions but are not necessarily fair and honest to players," said Buccioli. "I will continue to manage the rating process probably for the next couple of years until the community itself is mature enough to take it over."
 
The Seven Media team is expected to bring a number of benefits to bookmakersreview.com including providing the financial security necessary (and impossible to achieve with affiliate revenues alone) to hire staff that will help manage the day-to-day operations giving the site’s founder time to work at his new projects, including the just launched gamblinginvest.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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