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Moneygaming acquired by Gameaccount

1/14/10 - Good news for players on the recently defunct skill gaming website MoneyGaming.com; the assets have been acquired by a leading company, and players are welcome to resume playing.
 
GameAccount Network, a European developer and supplier of person-to-person skill-based games software to major eGaming operators, has announced the acquisition of operating assets formerly owned by Money Gaming Corporation Limited, which entered liquidation in late 2009.
 
Under the terms of the transaction customers of MoneyGaming.com will be able to resume their online gaming activities within the GameAccount Network from 19 January 2010. MoneyGaming.com operated since 2005 and became a popular international destination website for players of backgammon, gin rummy and solitaire.
 
This is the third asset acquisition undertaken by GameAccount Network following the acquisition of assets comprising backgammon website GamesGrid.com in 2008 and casual games website TreasureGames.com in 2005.
 
All players’ activities will be governed by the UK gaming licence held by GameAccount Network from the UK Gambling Commission.
 
“In acquiring the MoneyGaming.com assets we are rescuing a community of international players and giving them a safe and financially stable UK-licensed place to continue playing online skill games for real money competition,” comments Dermot Smurfit, COO GameAccount Network.
 
“GameAccount Network is now an established acquirer of online gaming assets with a strong tier-one operating licence in the UK and market-leading skill gaming software. We welcome all players from MoneyGaming.com as new members of the GameAccount Network.”
 
With his eye clearly on the future, Kevin Dale, CEO GameAccount Network added, “In publicising our third acquisition we’re reaching out to any and all small-scale gaming operators looking to find a safe home for their end-user community without having to close down and refund all individual customers’ deposits.”

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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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