GAMEACCOUNT ACQUIRES MONEYGAMING.COM

15 January 2010

Liquidity-enhancing acquisition for leading skill game network

Good news for players on the recently defunct skill gaming website MoneyGaming.com; the assets have been acquired by a leading company, and players are welcome to resume playing.

GameAccount Network, a European developer and supplier of person-to-person skill-based games software to major eGaming operators, has announced the acquisition of operating assets formerly owned by Money Gaming Corporation Limited, which entered liquidation in late 2009.

Under the terms of the transaction customers of MoneyGaming.com will be able to resume their online gaming activities within the GameAccount Network from 19 January 2010. MoneyGaming.com operated since 2005 and became a popular international destination website for players of backgammon, gin rummy and solitaire.

This is the third asset acquisition undertaken by GameAccount Network following the acquisition of assets comprising backgammon website GamesGrid.com in 2008 and casual games website TreasureGames.com in 2005.

All players’ activities will be governed by the UK gaming licence held by GameAccount Network from the UK Gambling Commission.

“In acquiring the MoneyGaming.com assets we are rescuing a community of international players and giving them a safe and financially stable UK-licensed place to continue playing online skill games for real money competition,” comments Dermot Smurfit, COO GameAccount Network.

“GameAccount Network is now an established acquirer of online gaming assets with a strong tier-one operating licence in the UK and market-leading skill gaming software. We welcome all players from MoneyGaming.com as new members of the GameAccount Network.”

With his eye clearly on the future, Kevin Dale, CEO GameAccount Network added, “In publicising our third acquisition we’re reaching out to any and all small-scale gaming operators looking to find a safe home for their end-user community without having to close down and refund all individual customers’ deposits.”

Online Casino News Courtesy of Infopowa

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