CELLCAST MOBILE GAMBLING DEAL STRUCK
18 January 2008
Another good deal for Gaming Ventures plc
The UK online gambling investment firm Gaming Ventures
plc, formed in mid-2006 clinched another mobile deal
this week by signing with interactive digital
broadcaster Cellcast. Under terms of the agreement,
Gaming Ventures will offer its gambling products to
viewers and users of Cellcast's international satellite
TV, streaming video, Internet and mobile channels.
Graham Martin, CEO of Gaming Ventures, commented "This
is the first step of our joint venture plan to establish
a gaming vertical which will utilise the existing assets
of both companies without significant capital
expenditure. We will offer mobile and online gaming and
gambling, and live horse racing content in the year
ahead."
The deal is a good fit with Gaming Ventures objectives,
which are to invest in, or acquire assets, businesses or
companies that profit, or have the potential of
profiting from, the multi-media entertainment market
worldwide. The company acquired the charity gambling
site Big Heart Bingo after listing, and since then has
added mobile casino Shouting Duck and started a joint
venture with wireless broadband provider Wicoms Limited.
Plans are in hand to expand Shouting Duck operations to
Internet casino gambling.
Cellcast chief Andrew Wilson said: "Gaming Ventures has
a compelling portfolio of games that range from
traditional casino - through skill games - to new
lottery variants that can be tailored to the various
demographics of our channels. As an adjunct to these
activities we are also in the process of aggregating
gaming related short form video content and developing a
gaming related vertical on Sumo.tv."
Online Casino News courtesy of
InfoPowa
More news here.
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