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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.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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