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TAIKAI - THE NEW SOCIAL BETTING GAME
The Swedish online game services provider Jadestone has developed and launched a new social betting game with UK betting giant Betfair as its partner. The game, branded TaiKai, is available on Betfair’s site and it is claimed to represent a new gambling genre: tournament betting.
Developed by Jadestone from a Betfair concept, TaiKai combines Betfair’s successful person-to-person betting with social web functions inspired by the likes of MySpace and Facebook. Jadestone was chosen for its experience in online game development after a rigorous selection process, and work on the project started in mid-2007, a company spokesman revealed.
TaiKai enables people to engage in friendly competition with each other, giving them a chance to show their sports
knowledge and win money. Players pick a tournament from a range of sports and leagues, place virtual bets using TaiKai Dollars and pay the buy-in that forms the prize pot. Players win by accumulating the most virtual profit by the end of the tournament. Along the way, players can customise their avatars, review each others bets and banter to their hearts content. TaiKai can be played for fun or for money. In addition to playing against friends, players can also play against other TaiKai members in public tournaments.
"This is a truly exciting new game for Jadestone, for Betfair and for the wide audience of sports bettors and sports enthusiasts across the Internet", said Robert Henrysson, CEO of Jadestone. "TaiKai represents the coming together of online betting and social sports game playing. It provides a fun, dynamic and rich game playing experience today and we are all very confident that it will support a rapidly growing social and competitive online community".
The two Betfair directors who took TaiKai from concept to launching the business, Sajeeve Bahl and Roger Ahn, jointly commented:
"The launch of the TaiKai tournament betting product is the culmination of more than 12 months of thorough analysis, complex programme management, intense game production and customer research. We are very excited and very proud to have reached our goals for launch and we are extremely happy with the partnership with Jadestone. We think TaiKai will really take off. It’s a great product for all people who think that they know a sport, have some like-minded friends, and want to compete with them to prove their opinion and win some money".
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.
Fair Play Bets and QuickFire in Deal -
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