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Media Corp To Rebrand

12/12/2012 : MEDIA CORP PLC TO RE-BRAND
 
Purple Lounge debacle continues to haunt management
 
Media Corp plc, a London-based public company that hit the headlines earlier this year when its subsidiary Purple Lounge Poker went to the wall owing players , is to rebrand.
 
In a press release and trading update Wednesday company management revealed that the firm is to be re-branded Inta plc and as such will launch two gambling-related products.
 
The update is the first since interim CEO Adam Fraser-Harris left the company, leaving his responsibilities in the hands of chairman Phil Jackson.
 
The two products Jackson plans to launch are Bet Comparer and Mobet, scheduled to be released on March 1 and April 15 respectively, when the offerings will be licensed directly and through joint venture partners. The company did not elaborate on the nature of the new products, which it promises to detail nearer the launch dates.
 
The board of directors also plans a full review of all non-core businesses within the group, including Eyeconomy, with a view to potential disposal. There will also be attempts to resolve "...all and any outstanding legacy issues pre the acquisition of Intabet," which presumably includes the Purple Lounge shambles.
 
Management concedes in the update that the Purple Lounge affair has "....posed a significant challenge when launching a new gaming brand from within the group. The management are working actively on ways to ensure that players and other creditors are treated fairly as the Purple Lounge liquidation process proceeds.
 
"However, in the absence of a conclusion of the liquidation it is easy to understand why effected Purple Lounge customers would, through the historical association, view an Intabet launch negatively."



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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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