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October 27th General news ... Bet On Sports at beton-sports.com

NOW X.L. MEDIA EYES THE DANISH MARKET
2014-07-07

XLMedia, the Jersey-based online gambling firm specialising in digital marketing services, has expanded its growth strategy with the acquisition of an as yet unidentified large Scandinavian affiliate marketing company - and its player database - for a consideration of $2.3 million.
Speculation is that the acquisition is a Danish company, giving XL access to that burgeoning online gambling market.
Through some savvy partnerships XL has a growing presence in both the Nevada and New Jersey online gambling markets in the United States following its IPO on London's AIM market earlier this year (see previous InfoPowa reports).
Chief executive Ory Weihs says the company's aggressive expansion strategy will continue, with management seeking out further online gambling assets for acquisition as the group builds a high profile as a digital marketer in regulated markets.
This acquisition represents a complementary fit for our business, strengthening our reach in Scandinavia and providing entry into Denmark, a fully regulated territory, he said last week.
XLMedia was created through the merger IN 2008 of two Israeli companies: WebPals, founded by Yaron Nahari and Assaf Levy in 2007; and Traffic, founded by Ory Weihs. Former Ladbrokes CEO Chris Bell is the chairman.




FRANCE PARI 1Q EXCEEDS EXPECTATIONS
2014-04-02

French online operator France Pari NFL Lines has posted strong first quarter results it attributes to an 87 percent revenue rise contributed by B2B division Sportnco and a further 70 percent rise in operator activities.
The company said an 80 percent increase in stakes amounting to Euro 3.5 million was achieved through growth in its live and mobile betting channels. Mobile now represents almost 15 percent of stakes.
Other key figures included Total Revenue of Euro 4 million, EBITDA of Euro 150 000, GGR of Euro 725 000 and a gross margin rate of 20.2 percent.
Pari mutuel stakes on horse racing remained static at Euro 300 000 with a gross margin rate of 23.2 percent, the company said.
In line with its mobile strategy, France Pari will launch an iPhone app this week with a further roll-out to B2B clients in the second quarter.


VIRTUAL HORSE RACING IN SENEGAL
2014-02-26

The Senegal National Lottery (LONASE), online gambling software developer Senejeux and the French gambling group PMU's Senegal retail betting operation have collaborated to povide punters in the former French colony with virtual horse racing services.
The venture has delivered a new fixed-odds, 3D virtual horseracing game to 35 PMU betting outlets, offering a high-frequency, RNG virtual horseracing system that presents races every five minutes and around the clock if required.
The system includes 43-inch plasma television screens, along with touch-screen electronic point-of-sale terminals equipped with printers and bar code scanners.
Punter reaction and take-up on the new product is said to be positive and encouraging.
Senejeux operational director Balla Gadiaga says: We feel that virtual horseracing is the perfect complimentary game to go along with the existing live horse PMU activities, and now that we are live it is evident that additional revenues are being achieved, especially during those hours when live horse racing from France is not available.
The national lottery in Senegal recently engaged Senejeux to provide and manage a wide range of virtual sports games including football through both mobile and online channels.


FIVE-WAY CHOP AND BIG BLINDS BRINGS AUSSIE MILLIONS CHALLENGE TO A SPEEDY END
2014-02-04

The $25,000 buy-in Aussie Millions Challenge event Downunder came to a fast if unspectacular end Monday as the five remaining professional players made a deal and then boosted the blinds to end the match quickly.
Max Altergott was the titular winner, having started the final table low on the chip stacks...and the five-way chop meant that he was actually the lowest paid of the last five players standing at $241,785.
The final table started out as Altergott, Dan Smith, Jason Mercier, Martin Jacobson, Scott Seiver, Dan Shak, Marvin Rettenmaier and Tobias Renkemeier - all respected names illustrating the quality of the opposition.
By the time the action had reached five-handed stage, Altergott, Dan Smith, Jason Mercier, Martin Jacobson and Scott Seiver decided to agree a five-way chop that left nothing on the table, but gave each around $240,000.
With no incentive for the ultimate winner, that left only the problem of finishing as fast as possible, a task accomplished by increasing the blinds every orbit up to an eventual 100,000/200,000/40,000, ending the game in just over 10 minutes.
Payments to the last five were:
Martin Jacobson $285,921
Dan Smith $278,414
Scott Seiver $265,538
Jason Mercier $263,342
Max Altergott $241,785
Other final tablers took home the following:
6th: Dan Shak - $100,000
7th: Marvin Rettenmaier - $70,000
8th: Tobias Renkemeier - $55,000