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Cams in deal with Aristocrat

Thursday June 13,2013  : CAMS AND ARISTOCRAT IN VIRTUAL CASINO DEAL
 
Agreement will benefit nLIVE product
 
Aristocrat Technologies, Inc. expects its nLive virtual casino solution will benefit from a new deal it has signed with multi-tenant software-as-a-service company Central Account Management System (CAMS).
 
With the agreement CAMS joins Aristocrat’s stable of third-party suppliers, and its services will simplify and provide significant savings to nLive virtual casino’s operations by aggregating multiple services including age verification, device identification, geo-location and online payments connectivity through one integration and contract.
 
“We have been moving forward very deliberately and aggressively to further bolster the nLive virtual casino product offering," said Aristocrat exec said Daniel DeWaal Wednesday. "This agreement with CAMS shows that we are very serious about preparing for legal play-for-money online gaming, and about offering the absolute highest levels of compliance and protection to our operator partners."
 
CAMS CEO Matthew Katz observed: “The CAMS value proposition is simple – through a single agreement and single point of integration, we aggregate and provide critical services operators need in order to adhere to regulatory requirements and receive customer payments, all while saving money and speeding up time-to-market.”
 
Katz says the flexible CAMS platform has the ability to deploy multiple third parties at one time to improve customer approval and throughput while focusing on improving ROI and keeping service costs low.
 
Together with Aristocrat, CAMS has integrated the leading vendors for age/ID, device ID and geo-location into the nLive platform, allowing merchants to quickly deploy or turn off the vendors of their choice.
 
CAMS was the first company in its class to be licensed by the Nevada Gaming Control Board and the only company processing live gaming transactions in the United States.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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