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Redbet in 2 Year Deal With Ongame

December 18,2012 : REDBET SIGNS TWO YEAR LICENSING AGREEMENT WITH ONGAME
 
First deal under new Amaya Gaming ownership
 
In its first deal under the new ownership of Amaya Gaming, Ongame Network has signed a two-year licensing deal with operator Redbet Gaming Limited.
 
Montreal-based Amaya Gaming Group purchased Ongame Network from Bwin.Party Digital Entertainment for approximately $19.73 million in October, adding it to a growing range of online gambling subsidiaries that includes Cryptologic, Chartwell Technology and Cadillac Jack Incorporated.
 
Earlier this month Amaya revealed that technology from Ongame Network will take over from the Entraction Poker Network recently disposed of by American firm International Game Technology (IGT) in powering Redbet Gaming’s entire online poker operation, which includes brands Redbet.com, Whitebet.com and Heypoker.com.
 
“When leaving the IGT poker network we did a thorough investigation of all business-to-business poker providers,” said Adam Vella, head of poker for Redbet Gaming.
 
“Selecting Ongame Network was an easy choice. Ongame Network combines excellent network management with a rock solid technical platform.”
 
“We’re pleased to add Redbet Gaming to our growing family of clients and look forward to exceeding its expectations in us as a technology partner,” said Darcy Krogh, business development Vice-President for Amaya Gaming Group, adding that the Montreal-based company's plans for Ongame will leverage its scalable software architecture and infrastructure to add new partners.

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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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