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Disney says gambling association is not wanted
Sunday October 27,2013 : GAMBLING DEALS COULD BE DROPPED, SAYS MARVEL COMICS
Owner Disney says gambling association is not wanted.
Land and online slot player fans of games with themes like the Amazing Spider-Man and Iron Man could be in for some disappointment when current licensing agreements with games developers expire...they may not be renewed.
The problem started in 2009, when the giant, family oriented Disney entertainment group paid $4.4 billion to acquire Marvel Comics, the New York Times reported over the weekend.
The deal included character and brand licensing obligations under agreements signed by the previous owners with land and online games development companies using the popular comic characters in internet and land slot themes.
Now the profits accruing to Disney through these lucrative Marvel licensing deals are under the media spotlight due to Disney's strongly projected image as a family entertainment oriented group...and the company has described the association as an "unwanted" part of the Marvel deal.
The NY Times article "Gambling Debate Entangles Disney in Florida," claims that Marvel has copious licensing arrangements with gambling products, from slot machines to online games to lottery tickets.
The Times reporters approached Marvel to ask whether Disney’s ties to the gaming industry, through Marvel, undercut its position on casino gambling.
A Marvel spokeswoman said that the company planned to shed its connection to slot machines when the various licensing agreements expire, adding that Marvel had "...signed its last slot machine deal."
But it will take a few years for all the contracts to expire, the spokeswoman said.
The Times article notes that over half of Marvel's revenues in 2007 came from licensing characters like Iron Man and The Avengers to third party producers of video games, TV shows, toys, movies and lottery tickets.
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 -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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