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PLAYTECH ACCEPTS INTERCASH AND TRANSSEND

Transsend and Intercash, two e-processors offering prepaid card facilities for payouts, have been integrated into the product suite of major Internet gambling turnkey provider Playtech plc.  The deal follows earlier agreements with the Income Access affiliate program to use the services (see previous InfoPowa report).
 
Playtech’s over 200 licensees will now be able to offer MasterCard branded prepaid cards as a payout option to players, along with the facility to pay commission to marketing affiliates.
 
Intercash and TransSend claim that gtheir product increases user satisfaction, comfort and loyalty by providing instant access to earnings. The cards offer the same functionality as any normal MasterCard card, allowing users to withdraw cash at over one million automatic teller machines around the world, make point of sale payments at over 26 million accepted locations or make secure transactions online.
 
“We are delighted to be working with Playtech, one of the leading gaming software providers, to deliver an improved service offering to their licensees,” said Richard Jones, Chief Executive Officer for TransSend. “It is evidence of the revolutionary nature of this payout solution that we have linked up with a company with such a strong reputation in the gaming industry.”
 
“Intercash TransSend offers a market-leading payout product for the gaming industry from a provider that they can trust,” said Patrick Seguev, Chief Executive Officer for Intercash. “We are excited to be working with Playtech to offer their licensees the ability to provide their customers with instant access to earnings. This offering is further enhanced by the compatibility, brand visibility and security that MasterCard brings.”

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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