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NETELLER UNVEILS NEW PRODUCTS AT EiG
Online cash processor Neteller plc has used the European i-Gaming Congress and Expo (EiG) in Barcelona this week as a platform to launch new products in its Merchant Payment Suite.
The Payment Suite features the Netbanx international payments gateway and the Neteller e-wallet. Netbanx allows merchants to accept card and non-card payments through multiple channels including online, contact centres, mail order and via automated phone systems. The Neteller e-wallet and attached pre-paid cards allow consumers to spend securely online as well as allowing merchants to increase customer lifetime value.
At EiG the Neteller management team announced the provision of new payment services to leading international gaming merchants BetClick and Genting Stanley. At these sites consumers will be able to deposit funds directly from their e-wallet using a number of payment methods, including all major international credit and debit cards, the POLi consumer Internet bank payment service, giropay, iDEAL, Directpay24 and Ukash. They will also be able to withdraw their winnings and spend them at over 30 million locations worldwide using the Neteller e-wallet and attached pre-paid cards.
Joint marketing agreements with Bet365, Betfred and Purple Lounge were also announced. Neteller has entered into multi-quarter joint marketing and branding agreements with these three gaming sites. Through these agreements the group and each of the merchants will jointly develop new and existing business while maintaining the loyalty of players playing at their sites.
In combination these new agreements are anticipated to drive several hundred thousand additional transactions per month for the Neteller as well as generating new consumer relationships for the e-wallet and its merchants.
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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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