ONLINE NEWS
Sportingbet Does Danish Double S
portingbet has agreed to buy Danish online bookmakers Danbook Limited and Scandic Bookmakers Limited for a combined consideration
of up to £8.5 million. Sportingbet Chief Executive
Andrew McIver said: ”These acquisitions emphasise Sportingbet’s commitment to generating revenue from regulated markets. We have already demonstrated our ability to deliver strong growth in licensed territories
O
nline poker room Americas CardRoom has acquired DoylesRoom – the online poker site based around poker legend,
Doyle Brunson – including the rights to the player and affiliate database, the DoylesRoom software and staff, and player liability. Americas Cardroom was one of the original online poker card rooms, launching back in 2001, and recently re-entered
the online poker world acquiring skins in hope of fast- tracking itself to a dominant place in the market. “Players and affiliates can rest assured that their
balances are safe and secure, and Americas CardRoom will honor all of the existing DoylesRoom agreements.” stated an ACR representative. “With more liquidity being injected into the operation of the business, players can expect to see bigger guarantees, better promotions, and greater
incentives for being a part of the Americas CardRoom community.”
Ukash hits Tech Track 100 U
kash, the leading Global eMoney network for the online gaming sector, has been ranked number 23 on the Sunday Times Microsoft Tech Track
100. Also featured in the list from the online gaming sector is online gaming operator BET365, search marketing agency Sticky Eyes and London based software supplier GameAccount Network. Ukash achieved its first year of profitability in 2011, a
remarkable 80% year-on-year business growth as a result of its continued global expansion and now processes over £500million of safe online transfers worldwide every year. The Sunday Times Microsoft Tech Track 100 league
such as Australia and we are excited by the opportunity that Denmark represents.”
New legislation that taxes online gaming at a lower rate than bricks and mortar establishments in Denmark is set to be implemented from 1 January 2012. Sportingbet, eyeing a “commercially viable opportunity” has already applied for a Danish licence. Sportingbet acquired Australian bookmaker Centrebet in a deal worth AU$183 million earlier this year.
Americas CardRoom acquires DoylesRoom
The Isle of Man – a new era part III
T
he Isle of Man Government will shortly be seeking expressions of interest from
table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over the last three years. Tech Track 100 is compiled by Fast Track and published in The Sunday Times each September, with an official awards event in November. The league table champions the UK’s top- performing private companies.
Since its inception in 2005, Ukash has enabled players to use their cash online without having to reveal financial information. Cash can be exchanged for a unique 19 digit Ukash voucher at over 420,000 physical points of purchase, or issued online from the company’s website.
organisations interested in working with it to establish a five star hotel and casino complex on the Island as it believes that granting a second casino licence will further diversify the island’s visitor offering and increase visitor numbers to the Island, an Island with long established and extensive daily transport links to both the UK and Eire. The opportunity to build and operate a high quality hotel and casino complex within a less onerous gaming duty regime in an English-speaking part of Europe, but outside of the EU is rare. The recent amendments made to the Island’s Casino Regulations, which permits for a land-based Casino licence holder to provide a ‘live’ gaming results feed to online gambling operators, should provide additional income to the successful operator at a time when online gambling technology continues to converge with that of land-based casino operations. Timing for the granting of the second Casino Licence is unclear at this time and will depend on the interest generated but the Island’s Government appears keen to expedite the project in order to stimulate the economy and initially create jobs within the building sectors.
Jon Sykes CEO Vont Limited
Email:
jsykes@vont.co.im Web:
www.vont.co.im
NOVEMBER 2011 57
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