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MICROGAMING TO PROVIDE CONTENT FOR PHILWEB’s NEW ONLINE GAMBLING VENTURE
The Isle of Man-based internet gambling software provider and games developer Microgaming has announced a partnership deal to provide internet games content for PhilWeb’s new online casino venture, Vibrant Vegas, which launches this week through the Pagcor e-Games (PEGS) café network.
Manila-based PhilWeb is the first and largest listed internet company in the Philippines by market capitalisation, and the dominant technology-based gaming firm.
The company recently released excellent first quarter results for 2010 which showed a 52 percent growth in net income . Its latest venture in bringing the Vibrant Vegas online casino to market is a vital part of its ambitious development plans for 2010 and beyond.
The partnership allows PhilWeb access to Microgaming’s catalogue of over 450 graphics and feature-rich games, the support of a dedicated Account Management team and quality back-office services. For Microgaming, the deal with PhilWeb represents the addition of yet another successful Asian operator to its international network, further cementing its stronghold in the developing Asian gaming market.
Dennis Valdes, CEO, PhilWeb said: “Our gaming operations are currently going from strength to strength and we are delighted to be delivering a new casino platform to market. We are currently undergoing rapid growth, and Microgaming is the obvious partner for us, due to its ability to deliver the highest quality tailored software at an unrivalled speed to market. We firmly believe that no other provider comes close when it comes to games content.".
“The partnership with PhilWeb represents a real coup for Microgaming," said Fredrik Lonnqvist of Microgaming. "We are proud to have been selected by such a dynamic company with such a strong reputation in its market."
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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