CENTRAL AMERICAN ONLINE COMPETITION
16 October 2009
New operator moves a step closer to a white
label solution
Beneficial Holdings Inc., a Nicaraguan-based gaming
company that has pushed out an extraordinary number of
press releases on its land activities this year, has
announced progress in finding a white label online
casino provider, narrowing its search down to two
companies.
The search is part of the company's
strategy to enter the online gambling sector, announced
in July this year.
Management has decided to
abandon its original intention to set up in Costa Rica
due to tax and regulatory changes imminent in that
country. Instead, it will focus on forming a joint
venture with an established casino operation that
already maintains the proper licensing for online
digital casinos.
The hunt has now been narrowed
down to two vendors, which the company does not identify
in its latest press material. Each is prepared to
provide all programming and maintenance of the online
casino, process all transactions, and provide ongoing
technical support. The casino will be built to
Beneficial's standards and brand, while continuously
providing complete access to all transaction data.
In exchange, the casino developer-processor would
receive a commission ranging between 20 and 30 percent,
management said.
Beneficial is in the final
stage of negotiations and expects to announce its final
decision within the next three weeks. In the interim,
the company will continue its affiliate marketing
relationship with Virgin Games.
Online Casino News Courtesy of
Infopowa
More news here.
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