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PlaySpace Second funding round

Second funding round for PlaySpace brings total to $3 million
Spanish social developer PlaySpace has benefited from a second successful round of funding, bringing the total amount raised by the company to GBP 3 million.
The funding was lead by existing supporter Faraday Venture Partners but also brought on board a new investor in the shape of the José Manuel Entrecanales Foundation, a major start-up funder in the Spanish region. They join and PeopleFund as shareholders.
"The video games sector has not been a traditional focus for the Foundation's investments," said Pablo Ventura of the JMEF. "However, we believe in this project after having analyzed the amazing results they have had, their passion and commitment that the management team have shown over the last three years."
PlaySpace hopes to use the funding to cement its domestic position and grow its influence in other Spanish-speaking markets, notably South America.
The social gaming sector has seen significant growth in recent years, with mobile gaming revenues predicted to exceed traditional console revenues for the first time in 2015.  The latest new funding will enable PlaySpace to not only consolidate its position within the Spanish mobile games market, but support its global expansion within key markets including the U.S. and Latin America region.
The company was founded by Enrique Dubois and Alfonso Villar in 2011 and was incubated and accelerated through It is based in Palma de Mallorca and has over 25 employees and more than 10 million registered users in several countries. Over one million international active monthly users visit their 9 multi-platform games on Facebook, web, iOS, Android and Amazon.

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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.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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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