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Fortumo to provide in-app purchasing power to TreSensa

Fortumo to provide in-app purchasing power to TreSensa‘s development and distribution platform.
A deal between game developer and publishing platform TreSensa and mobile payments processor Fortumo reached this week means that independent HTML5 developers who publish their apps through TreSensa can use an efficient payment processing system to earn mobile revenues.
Fortumo's in-app payment services will have particular appeal for developers, because additional integration is not necessary - the service is carried across the TreSensa platform, allowing developers to take advantage of the growing mobile web games market.
“In-app purchasing has become the industry standard business model for mobile games,” said Robert Grossberg, chief executive at TreSensa. “In partnership with Fortumo, we are now making this payment solution available to HTML5 developers as well.
“Mobile web games have tremendous growth opportunities ahead and developers can now easily take advantage of this.”
Rain Rannu, CEO of Fortumo, claimed there are over 4 billion people in the world who do not have or use credit cards, but are capable of making purchases online using carrier billing.
“Carrier billing outperforms credit cards in terms of conversion, especially on mobile devices,” he said.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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