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Female Targeted Online Casino
Friday October 18,2013 : FEMALE-TARGETED ONLINE CASINO OPPORTUNITY FOR MR. GREEN?
Owners of online casino firm have an option on the Garbo mobile gambling enterprise.
Mr. Green and Co AB, a Swedish online casino company, has acquired an option to buy-out Garbo, a nascent mobile gaming site targeting the female gambling demographic owned by DSRPTV Gaming Ventures Ltd, Malta.
The owner of DSRPTV is Mikael Pawlo, CEO of Mr Green & Co. The company was formed before Pawlo was appointed CEO in Mr Green & Co and before the decision was taken to float its shares on the stock exchange.
Mr Green’s option is valid until 2016. Until that year, the company has an option to acquire all of the shares in DSRPTV at any time for Euro 500,000 plus a variable fee based on future earnings.
“In our estimation, the company has a highly attractive orientation in the gaming market, since it is the first gaming company with a mobile focus that is targeted at women,” says Tommy Trollborg, chairman of the board of Mr Green & Co.
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ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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