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Skrill Finalises Acquisition of Ukash
Thursday April 2,2015 : SKRILL FINALISES ACQUISITION OF UKASH
But is about to itself be acquired by Neteller parent group Optimal Payments.
Following a deal reached in November last year, online e-cash processor Skrill (formerly Moneybookers) has finalised the acquisition of virtual cash voucher provider Ukash.
In something of a corporate merry-go-round Skrill is itself about to be acquired by Neteller parent group Optimal Payments
Ukash CEO David Hunter is to step down after five years at the helm of Ukash, but said this week that the acquisition of Ukash would extend the scale and reach of Skrill’s Paysafecard, which will now be able to further expand digital payments across both established and emerging markets.
David Sear, CEO of Skrill Group, confirmed that the deal will extend his company's reach.
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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.
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.
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.
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