KISMET TAKEN OVER BY CANTOR GAMING

23 March 2007

Veteran turnkey supplier adds new software development clout

Kismet Studios, formerly Goldplay and a veteran turnkey online casino provider has become part of the Cantor Gaming group, adding software development and operating experience to the firm. Having recently closed Harrods Casino, but retained Red Lounge Casino, Kismet has a contribution to make in both areas.

Kismet also runs Pacific Amusements, a PAGCOR branded online casino available via internet cafes in the Philippines that utilises Kismet’s casino software and pre-paid card technology. The Philippine Amusement and Gaming Corporation (PAGCOR) is the government-owned and controlled corporation that regulates all games of chance in the Philippines, which recently decided to branch into online casinos by offering PC-based casino play from internet café’s.

Cantor's association with the famous New York brokers Cantor Fitzgerald, and its success in the "on-premises" handheld project with US land casinos and FHM Casino will be augmented by Kismet capabilities that have already produced a suite of over 40 quality online games and backend facilities.

In taking over the gaming assets of the Kismet Group, the Cantor management hope the acquisition will empower Cantor to "move rapidly forward on behalf of its customers" and provide the ability to deploy a tried and tested online gaming platform that has proved it can take millions of bets.

Following this week's announcement, Lee Amaitis, Cantor president said: "This acquisition is the latest initiative to ensure that we offer our partners and potential partners the best possible solution in the online gaming market."

Manu Gambhir, Kismet's founder, will be the new managing director and Tom Kenny will become the director of business development and sales.

Online Casino News courtesy of InfoPowa

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