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New Playtech financial betting project
Saturday March 16,2013 : PLAYTECH CHIEF CONFIRMS RUMOURS OF A NEW FINANCIAL BETTING PRODUCT (Update)
Development work for the new product, which will be offered to licensees, will begin soon says Weizer
Rumours circulating late last year that online gambling software developer Playtech plc was working on a new financial betting project were confirmed in the company's annual report for 2012 posted last Thursday.
Chief executive officer Mor Weizer said that extensive research into the possibilities for a new financial betting platform had shown that such a binary option service would be popular in the market, constituting a viable and revenue generating standalone service for Playtech licensees.
Whilst acknowledging that the growing market already contains a number of successful financial betting operators, Weizer pointed out that these were focused on different demographics, creating an opportunity for his company and its licensees.
"The conversion rates between such a [sports betting] audience and financial betting present a great opportunity for operators, not only to maximise the returns from players, but to approach a larger audience," Weizer observed, noting the importance of achieving a first mover advantage.
Gambling News :
Live Dealer Now At Slotocash -
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Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
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MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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