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Spin Games and KGM in Game Deal

Tuesday April 2, 2013 : U.S. FIRM TO ADD INTERNET GAMBLING TO ITS OFFERING
 
KGM's deal with Spin Games positions the firm strongly for developments in the United States
 
The Philadelphia-based land casino supplier KGM positioned itself strongly for developments in the legalisation of online gambling in the United States this week with an interactive games content letter of intent to license game content and interactive technology from Spin Games LLC.
 
The letter of intent provides for a definitive agreement for the licensing of game content and interactive technology for regulated markets throughout the United States and Canada, a company spokesman said.
 
Spin Games will license to KGM a portfolio of interactive content, including slots, bingo, keno, video poker and table games, along with its interactive gaming technology for use within KGM's licensed regulated interactive markets.
 
The content and technology will be available for both desktop and mobile applications.
 
Howard Weis, president of KGM said: "Being a licensee entrenched in jurisdictions currently approved for online gaming, the relationship with Spin Games allows a 'quick to market' interactive strategy, where KGM may utilize Spin Games' technology and content already being implemented outside of the United States."
 
"We're delighted to be partnering with KGM, and believe our relationship will provide great value to operators within regulated gaming markets, allowing an alternative stream of content than is currently being offered from traditional sources," said Kent Young, president of Spin Games LLC.
 
"It's our intention to be one of the first companies to take advantage of the new interactive regulations in the USA, and this letter of intent is certainly a step in that direction."

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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