Paysafe Group has finalised its previously announced acquisition of Delta Card Services, the holding company for US-based payment processor Merchants' Choice Payment Solutions (MCPS).
In July, Paysafe announced that it had agreed a deal to acquire Delta for $470m (€398.5m).
At the time, Paysafe said the consideration is payable in cash and will be funded by a $380m incremental loan facility.
PokerStars has opted to relaunch its ‘PokerStars Play’ social gaming service in select markets around the world.
The platform features a selection of poker variants such as Texas Hold’em and Spin and Go, as well as a range of slot games, with users able to compete against professional poker players and enter tournaments.
The revamped PokerStars Play service will only be made available in the US and Australian markets during the first phase of the roll-out, although plans are in place to extend the platform to other regions over the next 12 months.
GAMING CONSULTANTS BUSINESS IN MALTA
Gaming has proved to be a successful bet in Malta as several companies are providing this professional development services with an excellent price-to-quality ratio. Of course, the root of such a development is the highly demanding gaming markets around Malta, which has necessitated the need to develop gaming sector and handle the complex logic behind them.
As you know, the best business strategy remains meeting customer’s satisfaction of their high expectations. That’s why gaming consultants are growing, particularly in Malta to help clients in international business management including gaming licensing in several jurisdictions. That means companies should expect an array of different services under one roof to meet all their requirements. Malta gaming consultations have seasoned business professionals with a technical experience.
Catena Media has reported year-on-year growth across various key financials during the second quarter, while also experiencing a hike in new depositing customers.
Revenue during the six months to June 30 came in at €15.1m ($17.7m), up 58% on the corresponding period last year. Operating profit climbed from €5.1m to €5.4m, while adjusted operating profit, excluding costs related to the new bond issue and preparation for the planned change of listing to NASDAQ Stockholm, jumped from €5m to €7.1m.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased from €5.3m to €6.3m, with adjusted EBITDA, again excluding costs associated with the NASDAQ listing, up from €5.3m to just under €8m.
A review board in New South Wales has recommended that a mandatory investigation into the activities of the state’s casino licensees be scrapped, according to reports in the local press.
The review was commissioned following government approval of Crown Resorts proposal to build a A$2bn integrated resort in Sydney’s Barangaroo precinct. It calls for the traditional style of investigations into casino activities to be scrapped and replaced with a more modern approach.
The American Gaming Association (AGA) has issued an updated and modernised code of conduct on responsible gaming, following the success of its 2017 responsible gaming week.
Its updated codes includes provisions on employee assistance and training, alcohol service, the provision of casino games in person and online, and casino gambling advertising and marketing.
