News in brief: Tilt expected to announce Fertitta Interactive tie-up; Optimal results...
Full Tilt Poker will announce today that it has entered into a partnership with Fertitta Interactive, according to reports in the Wall Street Journal.
Full Tilt Poker is expected to announce later today it has entered into a partnership with Fertitta Interactive, the company co-owned by the founders of Station Casinos, according to reports in the Wall Street Journal. Las Vegas-based Station owns several Nevada casinos including the Red Rock Resort. The news comes within a week of Wynn Resorts announcing a partnership with Pokerstars.
Optimal Payments has released its first set of annual results since changing its name from Neovia, with profits of US$2.3m recorded for the year ended 31 December 2010. EBITDA was up 40% year-on-year to $11.2m, however total revenues dropped $0.6m to $61.5m.
Intralot has seen its net profit for 2010 drop 26.5% to 36.6m, with the figure partly attributed to writedowns. EBITDA fell 1.1% to 152.7m while consolidated revenues were up 23.5% for the year at 1.1bn, helped by a 42.6% rise in Q4.
Expekt has signed a deal with Nordic Factory Solutions’ (NFS) to use its BannerFlow online ad production tool, which allows large volumes of banner adverts to be redesigned, resized and translated in a few hours. Daniel Fahlén, managing director of NFS said Expekt was the first in a pipeline of new clients to be announced over the weeks ahead.
Viaden Gaming has become the 30th member of industry trade body Remote Gambling Association (RGA). The group’s UK spokesperson Heather Baker said: “Joining the RGA allows us to show our support for a well regulated industry and commitment to a safer, fairer online gaming environment.”
Guts.com is the first client to go live with the mobile version of EveryMatrix‘s sportsbook OddsMatrix. The mobile platform will feature in-play betting on a variety of sports including football, tennis and ice hockey.
World Spreads expects revenue for the year ended 31 March 2011 to be up 25% year-on-year, according to a trading update released today. All of the group’s KPI’s have shown growth during the financial year, with the number of transactions up by more than 100%.