Tag Archives: skrill

Strong opening to 2016 sees Paysafe Group outperform market guidance

Following a strong start to its 2016, FTSE 250 online payment provider Paysafe Group PLC  (Paysafe) has declared that its corporate performance is outperforming year market expectations. Paysafe Group (the merged entity of Optimal Payments and Skrill) who secured a December listing on the London FTSE, stated that its strong opening momentum will likely continue for the rest of 2016. …

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Mediatech Solutions launches SKS365 in Spain

Omni-channel gaming platform provider, Mediatech Solutions, has agreed a deal with SKS365 to launch the PlanetWin365 brand in Spain. The agreement has seen Mediatech integrate SKS365’s existing in-house pre-match and live betting sportsbook into the Mediatech platform. Working alongside SKS365, Mediatech has also ensured PlanetWin365 is tailored to the specific regulatory requirements of the Spanish market. PlanetWin365 also offers slots …

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Paysafe on course for FTSE 250 with + $600 million in revenues

Announcing its first FTSE full-year earnings results, online payments provider Paysafe Group (the merged entity of Optimal Payments and Skrill) reported a 68% revenue surge to $613 million (£432 million) for its FY2015 corporate performance (period ending 31 December 2015). As expected Paysafe Group pre-tax profits were impacted by its completed November 2015 takeover of competitor Skrill. The company would …

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More industry leaders join the SportsPro Live programme

Organisers of SportsPro Live have announced that senior figures from Virtually Live, The Sports Consultancy and Fnatic have signed on to speak at the next edition of the event at Wembley on 22nd and 23rd March: Thomas Neubert, Chief Commercial Officer, Virtually Live Thomas Neubert is chief commercial officer at virtual reality technology company Virtually Live. A former vice president …

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Paysafe Group secures December LSE listing

Paysafe Group the new unified brand of Optimal Payments and Skrill, has announced that it has applied to enter for a main marketing listing on the London Stock Exchange (LSE). Paysafe governance had outlined a move to LSE FTSE 250 prior to completing its +€1 billion acquisition of Skrill assets in August. Its new listing will aim to enhance its investor …

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Optimal unifies assets under Paysafe Group brand

LSE listed online payments provider, Optimal Payments (Optimal) has rebranded to Paysafe Group. The firm is reported to have filed its name change with the LSE, which will see its corporate ticker abbreviated to PAYS.L. The rebrand sees the provider merge its proprietary brands Optimal Payments and Neteller with its acquired asset of Skrill, which was purchased in August for …

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paysafecard to replace Ukash brand

Operators using Ukash payments are about to see the brand change to paysafecard, following the acquisition of Ukash by paysafecard earlier this year. paysafecard, part of the Skrill Group, will have its vouchers replace Ukash vouchers at retails from 31st August 2015 onwards. paysafecard has already been available in the UK for many years and offers a wide range of …

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Optimal Payments eyes FTSE 250 entry

Optimal Payments a key transactions/payment processor for the online gambling industry is eyeing entry into the FTSE 250 index. The payments operator is set to move from the London AIM market to the FTSE index, once it has finalised its £800 million reverse takeover of main competitor Skrill. Optimal governance is confident that the payments operator has met all regulatory …

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666Bet customers given 24 May deadline for withdrawals

Customers of the beleaguered Metro Play Ltd, owner of the 666Bet brand, have been given until 24 May to make withdrawal requests from their account or risk losing their money altogether. A statement from the firm said: “We have made arrangements to enable our customers to withdraw outstanding balances from their accounts with www.metroplay.com and www.666bet.com. All withdrawal requests made …

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666Bet back up as Gambling Commission issues update

The Gambling Commission has issued  a statement containing information is for consumers and businesses who have transacted with Metro Play Limited trading as www.metroplay.com and www.666bet.com. What is the current situation on customer withdrawals from Metroplay and 666Bet? The Commission understands the current position to be: Metroplay casino customers:   Website is live. Facility available for customers to request withdrawals. Customer …

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