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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 :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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