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Bwin.Party licenses in New Jersey remain valid
G.V.C. PASSES THE NEW JERSEY REGULATORS INSPECTION
Preliminary investigation determines that recently acquired Bwin.Party licenses in New Jersey remain valid and there is no need for an additional transaction waiver.
The European-based online gambling group GVC Holdings, has announced that on June 9 the New Jersey Division of Gaming Enforcement issued an order concluding its preliminary investigation of GVC in connection with its acquisition of Bwin.Party Digital Entertainment plc.
In a company statement GVC revealed that as part of its preliminary investigation, the DGE examined its business operations and concluded, "GVC and its individual qualifiers possess the requisite good character, honesty, and integrity should it file for a transactional waiver."
The DGE determined that the New Jersey licenses held by Bwin.Party shall remain valid under GVCs ownership and a transactional waiver is not needed in connection with existing New Jersey contracts.
Additionally, the New Jersey regulator ordered the termination of the Monitoring Agreement under which Bwin.Party had been operating since the acquisition by GVC.
GVC group chief executive Kenneth Alexander said Monday:
"I am delighted the DGE has confirmed that GVC meets its stringent regulatory requirements and that Bwin.Party can continue to operate in New Jersey under its current licences. This is an important development for GVC and one that places the enlarged Group in a strong position should further regulated opportunities in the US arise. GVC has licences in over 14 countries and continues to seek further licences in markets as the regulatory framework evolves."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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