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FERTITTA CLOSING IN ON INTERNET POKER
Thursday January 17, 2013 : FERTITTA CLOSING IN ON INTERNET POKER
Deal with CAMS important for compliance with Nevada regulations
Online gambling provider Fertitta Entertainment has moved a step closer to online poker following a deal between its new Ultimate Gaming online brand and Los Angeles-based Central Account Management System (CAMS) that will help it maintain regulatory compliance and accept payments online.
CAMS is to provide Ultimate Gaming’s new Ultimate Poker online poker enterprise with its Intelligence Suite product and gateway functionality solutions containing IP and mobile geo-location services along with device intelligence, player age verification, payment connectivity, chargeback representment and tokenisation via a single integration to a centralised platform.
Chris Derossi, chief technology officer for Ultimate Gaming, said Thursday:
“By working with CAMS we are able to reduce our internal programming costs, centralise many of our daily operating functions and at the same time reduce nearly 30 percent of our upfront and ongoing monthly costs from the same vendors we intended to work with.”
Last year saw CAMS become the first service provider to receive a Class Two gaming licence in Nevada so that it could assist potential online operators in complying with KYC requirements, geo-location services and payment connectivity.
“CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands and players and helps meet or exceed regulatory and compliance requirements," said Matthew Katz, chief executive for CAMS.
“Our solutions are specifically tailored for partners like Ultimate Gaming and will become increasingly critical as new United States regulatory markets continue to develop for the online gaming world.”
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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