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CHANGES TO LVFH - C.Y. FOUNDATION DEAL
The online gambling software developer Las Vegas From Home.com Entertainment Inc.(LVFH) has announced that it has restructured its deal with C Y Foundation Group of China .
Under the revised agreement, Las Vegas From Home will provide C Y Foundation with software targeting Chinese residents in exchange for a licensing royalty fee.
Las Vegas From Home.com Ent. Inc. announced that as a result of the company not proceeding with its transaction with CY Foundation Group Limited (CYF) and Touchdown Capital Inc. as announced on May 8, 2008, it has sold back the Exclusivity Rights to CYF and successfully renegotiated and entered into a newly revised Software Licensing Agreement with CYF.
"Under the new SLA, the Company will provide CYF with software for the entire People's Republic of China (PRC) and will be paid a licensing royalty by CYF," a company statement revealed.
LVFH's CEO, Jacob H. Kalpakian said, "We look forward to providing CYF with our products, and we strongly believe our new relationship with CYF is better suited to meet each partner’s interests in the rapidly expanding [Chinese] marketplace."
C Y Foundation Group Limited was involved in a joint marketing and operations agreement with AsianLogic Limited earlier this year to establish a pan-China online gaming network.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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