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GTECHG2 IN ROMANIAN LAND DEAL

6/11/10 - Online gambling software provider GTechG2 has landed an initially land gambling deal in Romania that could give it an edge in future interactive business opportunities.
 
After only three months in development, the Lottomatica subsidiary has installed its end-to-end sports betting solution in the first of four hundred Bet Arena Cafe retail outlets in Bucharest, Romania.
 
A company statement notes that deal includes a provision for first refusal on the supply of interactive sports betting as well as the other products in the GTechG2 interactive portfolio. In the Bet Arena Café retail outlet agreement, GTechG2 Sports Betting is providing a full range of sports betting solutions and services including the MarginMaker platform, and professional services  such as sports betting operations, odds compilation, risk management and marketing support).
 
The management team behind Bet Arena Cafe has a legacy of successful ventures in the Romanian retail space and will manage the network of shops.
 
The roll out plan will bring the total Bet Arena Cafe betting shop estate to 400 retail outlets by the end of 2012. The betting offer will be focused around football but will include all major European and US sports and will benefit from GTech’s live ‘in play’ betting.
 
“Romania has long been viewed as a key Eastern European territory for Lottomatica Group and GTechG2,” said GTech G2 president Paulo Personeni. “I am delighted that we now have a strong partner and presence in this rapidly growing market.
 
“GTechG2 has worked closely with the Bet Arena Cafe management team over the last six months to create the 1x2 Bet Cafe Arena brand. I firmly believe that Bet Arena Cafe’s experience in the Romanian retail sector coupled with our proprietary sports betting market solutions and services expertise, will enable us to hit our aggressive roll out and market share targets.”
 
Bet Arena Café is owned by Romanian billionaire Dinu Patriciu who is opening Bet Arena Cafés alongside his Mic.ro Retail food stores in Bucharest and throughout the country in a bid to dominate the Romanian sports betting business, which is estimated to be worth more than Euro 200 million per year.
 
GTechG2’s sports betting products are developed by Finsoft which forms part of the interactive gaming division, along with Boss Media, St Minver and Dynamite Idea.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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