Betfair has announced the arrival of the first cash-out slot, Colossus Fracpot to its New Jersey site. The site has partnered with gaming provider Game Account Network (GAN) and Colossus Bets, to provide the US market with its first experience of the cash-out market. Unlike traditional slots, Colossus Fracpot enables players to cash-out their position and bank profits in fractions after …
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GameAccount reports £2.6 million profits loss in 2014
Igaming developer and software provider GameAccount posted top line metric declines for its year end 2014 performance, as the operator’s governance emphasised that 2014 had been a year of re-structuring and re-investment for the company. GameAccount recorded a net revenue decline to £7.5 million down 39% on FY 2013 £12.3 million. Its declining revenue performance would translate to a clean …
Read More »Trump Entertainment settles New Jersey payments with Betfair
Bankrupt Trump Entertainment Resorts will settle its financial dispute with former online gambling partners Betfair and Ultimate Gaming. The casino operator who filed for bankruptcy in September processed in court documents last week to begin its settlement with its former online gambling partners. Betfair had partnered with Trump Entertainment in order to comply with New Jersey federal laws regarding online …
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