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Deal gives VC gamblers another funding option
The Victor Chandler online gambling group out of Gibraltar has taken on the Ukash electronic cash voucher option in a deal signed this week. Ukash provides pre-paid online vouchers for customers who do not have or want to pay by credit or debit card.
Ukash CEO Mark Chirnside said: “There will always be a very substantial group of people who don’t have or won’t use their cards online so it’s important for companies like Victor Chandler to give the cash customer a payment option. This is a perfect example of how Ukash benefits the online merchant and the cash customer.”
Following the agreement, Victor Chandler customers across the British Isles will be able to make cash deposits via Ukash’s extensive electronic cash voucher system, using the resultant vouchers as funding for online gambing. The company's widening range of betting platforms that accept Ukash include casino, sportsbetting and poker sites.
The Ukash payment facility has been launched in the UK, Europe and South Africa, targeting players who either do not have a bank account or a credit card (and in the UK this customer segment comprises 2.8 million adults) or fear they might become victims of credit card fraud or identity theft.
Ukash makes online payments possible without having to submit private bank details, and customers can use Ukash cash vouchers to make a wide range of purchases. The process implies exchanging cash for a Ukash voucher, which is then presented online at participating merchants displaying the Ukash payment brand. Every Ukash electronic voucher contains a unique 19 digit code.
Victor Chandler has nearly a million customers in over 160 countries
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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