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C4U Getd Emoney License

Virtual currency on the agenda?
mybet subsidiary C4U-Malta Ltd (C4U) has been granted a provisional e-money licence by the Maltese Ministry for Finance.
C4U will be able to offer payment transaction services across the European Union making it independent of third-party banks for its payment transactions, affording it lower transaction costs and allowing it to earn additional income.
The receipt of the licence, the final of which is expected within three months, additionally enables C4U to offer its services to other providers and create its own virtual currency along the lines of a BitCoin..
Mathias Dahms, Management Board spokesman of mybet Holding Holding SE, remarked: "We are very proud that in future we will have our own partial banking licence. The permit makes us more independent of the services of third-party banks and we can guarantee that the gaming products of our participating interests satisfy the EU's exacting standards for transactions in the gaming sector. We are convinced that such services are set to enjoy increasing demand in the future. Through C4U we are active in a very exciting and lucrative specialist market."

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Gambling News :

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

NYX Gaming Group Expanding in Italy - NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.

Interwetten Q3 2016 Report - In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.

Evolution Gaming Q3 2016 Report - Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.

Ladbrokes Donates to Gamcare’s new Youth Program - UK gaming firm Ladbrokes has pledged GBP 180,000 to Gamcare’s new Youth Program over 2016 and 2017, following a visit by chief executive officer, Jim Mullen.

Dragonz Slot Launches - #Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.

Mecca Launch Instant Win Games - IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.

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