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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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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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