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Net Entertainment Signs Deal With Ålands Penningautomatförening

The Swedish Internet gambling software provider Net Entertainment has signed up another Nordic client in the form of Ålands Penningautomatförening (Paf). The operator is one of the biggest operators in the Black Sea region of Europe and has agreed to a four year association with NetEnt based on its popular CasinoModule online casino system.
 
“We are delighted to have reached an agreement with such a prominent and established operator as Paf," said Johan Öhman, CEO at Net Entertainment. "The agreement further solidifies Net Entertainment's position as a leading gaming software supplier and is a major milestone for our continued growth.

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"The countries around the Baltic Sea is a large and important market for online gaming, yet [it is] controlled by a handful of operators where Paf is one of the largest.”
 
Under the terms of the agreement, Net Entertainment will provide Paf with both its download and browser based version of CasinoModule. A full suite of casino games coupled with an administration tool will allow Paf to effectively manage and maximise the potential of its online casino operations.
 
Founded in 1967, Ålands Penningautomatförening is a gaming entertainment operator licensed by the Åland government. The firm develops and operates gaming both online and offline in selected markets. Paf's online operation was launched in 1999 and has today well over 500 000 registered players. In 2007, the online operation generated a gross gaming yield of Euro 66 million.
 
“We have made an important and strategic decision in choosing Net Entertainment as partner for our online casino operation in order to succeed with our internationalisation ambitions," Lars Porko, CEO at Paf said. "After extensive review of available options I am very confident that we will gain the competitive edge needed to further strengthen our position in existing markets as well as succeeding with extending our operation throughout Europe."
 
Both parties to the agreement have set the second quarter of 2009 for the launch date of the new venue, which has yet to be branded.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

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Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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