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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 :
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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