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High 5 Games Acquiring Electrotank

Merged companies will allow content to be real-time streamed to regulated real-money and social casino gaming sites.
High 5 Games, the New York-based developer of software for the land-based, online, social, and mobile markets, has announced a successful deal to acquire high-performance online and mobile game technology company Electrotank for an undisclosed consideration.
"This move will allow High 5 Games to strengthen and finalize our upcoming game server platform, which will allow our content to be real-time streamed to both regulated real-money gaming sites, as well as to social casino sites throughout the world," said Anthony Singer, CEO of High 5 Games, who revealed that Electrotank staff would be absorbed by High 5.
Singer revealed that the two companies have worked together in the past to move some popular land-based slot games onto Facebook's gaming platform.
Michael Gold, CEO of Electrotank, said: "This is a wonderful opportunity for Electrotank. High 5 Games has a long history of producing highly successful content, and I am excited to see what the two companies can do together."
Electrotank has licensed its server and platform technology to hundreds of companies during its history, and has developed games for a number of well-known clients, including Disney, MTV, Nickelodeon, Mattel, and Comedy Central. The company is respected for its highly scalable game server, which allows concurrent play by very high volumes of players and is suitable for Flash, Unity 3, iPhone, Android, XNA, and HTML5.This could give High 5 access to a larger user base.
High 5 Casino is already among the highest rated social casinos on Facebook with over 1.3 million monthly active users and 430,000 daily active users, presenting opportunities in the mobile sector.

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Gambling News :

Oshi online casino now accepts fiat currencies - The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.

New Standards for UK Online Gambling - Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.

Pennsylvania Gambling Bill 1887 returned with additions - The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

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