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NEW SERVICE FOR ONLINE GAMBLING START-UPS
2015-01-08

GamCrowd.com has taken its gambling-specific crowdfunding and crowdsourcing platform up a gear through the launch of its new Incubator service.

A statement from the company Thursday reveals that the program will see GamCrowd directly offer a range of value-added provisions and resources to better prepare start-ups and assist with the process of crowdfunding.

Companies will enter the GamCrowd Incubator process in return for equity in their business.

Participating start-ups can immediately benefit from a full appraisal of their business model, in addition to targeted introductions, marketing advice and ongoing support, the statement claims.

GamCrowd may also inject SEIS (Seed Enterprise Investment Scheme) funds or other forms of pre-crowdfunding capital as well as recommend partners and potential suppliers who may also provide services, such as web development, in return for equity.

GamCrowd CEO Chris North says that the Incubator platform was designed to be adaptable, and that its introduction is intended to give more start-ups the chance of making a breakthrough.

We wanted to get GamCrowd out there and learn from the experience that you can only get by operating a business," he says.

It has always been our intention to build a virtual incubator by introducing crowdsourcing to the platform, and this new development allows us to add more value to some select start-ups who we will then support all the way through their development.

North claims that to date, more than 100 start-ups have contacted his company and many need a lot of help before they are ready to crowdfund.

"Only two have reached the stage where they are equipped to go on the platform and one of those didnt meet its funding target. We have several more that are close to being ready and Incubator should accelerate this process and allow us take on multiple start-ups simultaneously in the future, he said.

GamCrowd will host a series of workshops and presentations that discuss incubating start-ups at ICE Totally Gaming on Tuesday 3rd February. The company also plans to fully launch its crowdsourcing platform, Marketplace, to help all start-ups in the industry to access the skills and resources they might need at reasonable costs.




HISTORIC GAMBLING CONTENT DEAL FOR NET ENTERTAINMENT
2014-06-26

In a deal which it Apuestas Deportivas Golf Betting Tom Brady betting odds to win Poker Madden Betting Pandemonia describes as an historic first, Swedish online gambling software and games developer Net Entertainment has signed an agreement to supply its games to the major UK land and online gambling group William Hill plc for use in its land-based betting shops.

Characterising the agreement as "a milestone" for his company, Net Entertainment m.d. Bjrn Krantz, said:

"Net Entertainment is one of Europes largest suppliers of online casino games and we are very excited to have been given the trust, and confidence to extend our delivery commitment to William Hill now also covering the retail part of their business.

"The deal will allow Net Entertainment to maximize its distribution reach through William Hills major channels which includes retail, online and mobile.

Krantz said that the deal complements his company's existing content supply agreement with William Hill's online division.

William Hill has over 2,300 licensed betting offices across the UK.



POKER770 BOWS OUT OF SPAIN
2014-02-18

A ring-fenced national player market and high taxes are thought to be the reason for the recently announced withdrawal from the Spanish online poker market of Poker770, a skin on the iPoker network.

The company used Twitter to announce its withdrawal last Friday, confirming that it intends to shut down on March 1, and that arrangements have been made to safeguard the account balances of its Spanish players and marketing affiliates.

Full details will be made public in a statement scheduled for this week.



GOLD FOR GOLD AT FULL TILT POKER'S GALWAY TOURNEY
2013-08-13

Alan Gold, a Scottish professional poker player, scored his biggest career earning yet this week by taking down the 2013 Full Tilt Poker UKIPT Galway Main Event after a late two-way chop with finalist Paul Febers.
In the final table of the event Gold, holding the chip lead, and Febers faced Daragh Davey, Dimitri Pembroke, Damian Porebski, Benjamin Spragg, Christy Morkan and Jonathan Slater.
It took less than four hours for the action-packed table to produce a heads up between Fabers and Gold which ended in victory and a Euro 187,494 pay-out for the Scot, who also won free entries to all the remaining stops for the fourth season of the UKIPT as the leader in the Full Tilt Last Longer Promotion.
Fabers consolation prize was a second placing check for Euro 149,906.