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Online Poker: Cryptologic Move To Boss In Progress

Cryptologic's decision to merge its online poker interests with those of Boss Media became practical reality Wednesday as the phased transfer of several online poker sites began.
 
The merge, announced late last year by Cryptologic, is motivated by a need to substantially reduce costs while improving liquidity for players. It will make Boss Media's International Poker Network larger by the integration of six former Cryptologic network sites, with the timetable set as follows:
 
• 17 March - Extreme Poker
• 18 March - Classic Poker, Opoker, DTD Poker and BetJacks
• 19 March – InterPoker and ParBet
 
Boss Media, together with St Minver, will provide a fully-managed poker solution based on Boss Media’s poker software.
 
 “With the addition of six new poker licensees including InterPoker and ParBet, we are significantly increasing the liquidity that can be offered to both the new licensees’ players, as well as our existing customers’ player base. We look forward to further developing our relationship with CryptoLogic and further increasing the size of the IPN over time,” said Atul Bali, President of GTECH’s New Media & Sports Betting Co, parent body for Boss Media.
 
Brian Hadfield, President & CEO of CryptoLogic, commented: “GTECH and Boss Media are the right partners for CryptoLogic, thanks to their independence and commitment to innovation and technology – and it is exciting to see this transition happen right on schedule.”

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

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.

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