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SafeCharge in Deal With SunBingo and Fabulous Bingo
SAFECHARGE IN MAJOR ONLINE BINGO DEAL
Teddy Sagis payment solutions company continues to prosper.
Playtech major shareholder Teddy Sagis sally into the online payments solution sector through his SafeCharge plc enterprise continued to prosper this week with the announcement that the company has been signed to provide services to the Sun newspaper’s gaming brands, SunBingo and Fabulous Bingo.
The arrangement with the Sun’s brands will see Safecharge provide a unique platform-agnostic solution based on Safecharge’s personalised cashier, alongside the companys card-acquiring facilities and proprietary fraud prevention platform.
Safecharge will also be providing descoping of the Sun’s PCI DSS (Payment Card Industry Data Security Standards) liability. This relates to the need for all merchants to store the payment details of all customers securely. DE scoping means that merchants can securely migrate and store all credit card numbers in Safecharge’s own vault.
The company also posted its latest (H1-2016) results, reporting that revenues are up 5 percent year-on-year at $52.2 million, with adjusted EBITDA up 10 percent to $16.8 million.
David Avgi, chief executive at SafeCharge, said the companys acquiring services operation was performing ahead of expectations since launch last September, with more than 10 percent of group transactions processed through its own platform in June 2016.
Processing volumes for the entire business hit $4 billion, up from $3.3 billion in the same period the year previously, he revealed.
Prominent companies that have signed with SafeCharge over the H1-2016 period include Paddy Power Betfair and SB Tech.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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