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CAKE POKER NETWORK ON THE ROAD TO MALTA LICENSING
Power Poker.com will be the first on the network to convert
The Cake Network online poker network has been granted a Class 4 Letter of Intent by the Malta Lotteries and Gaming Authority and, as such, is ready to commence Network operations.
Cake’s newly formed Malta operating company has also successfully completed Phase 1 of the application for a Class 3 License; Phase 2 is underway and the Class 3 LOI is scheduled to be provided on December 3rd.
The first partner to leverage this new licensing capability will be Power Poker. Players currently on PowerPoker.com will be given the option to move their accounts over to the Malta-licensed Cake operations where they will be able to take advantage of the favourable tax treatment afforded to an EU licensed operator.
A Cake spokesman said that the achievement of Malta licensing further enhances the Cake Network’s European presence by building on the resources and services that have successfully captured a significant worldwide market share of the white label poker market.
Cake Network, Director of Marketing, Andrew Turner observed: “This will greatly assist partners as they undertake further marketing within the European region and allow existing European White listed operators the opportunity to take advantage of the Cake Network’s suite of services.”
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 -
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