BUSINESS

SNAI and GameAccount new deal; CMC close Dublin office; Webis lose finance director

TAGs: CMC markets, GameAccount network, Snai, spread betting, Webis Holdings

snai cmc webisItalian gaming industry firm SNAI has signed a new content supply deal with GameAccount Network. Running for a further five years, it adds online casino table gaming and mobile to the existing skill games they receive from GameAccount. The two have been in partnership since 2008 and GameAccount managing director Dermot Smurfit commented: “In 2012 and beyond, new categories of gaming product afford equally exciting opportunities including Casino Table Games, tumbling reels Games and Mobile Casino Gaming applications. Our continued commitment to building a high quality gaming content portfolio will continue to help SNAI build their Internet gaming business and prepare SNAI for opportunities created by regulation, as they arise.”

Spread betting firm CMC Markets is transferring its Irish business from Dublin to the London company headquarters. The tactical move will mean all operations in one central location and chief executive Doug Richards admitted it makes sense as “half the workload is already serviced from the UK.” In addition, they’ll be changing five managerial roles with Richards stating it’s an “ordinary course of business.” CMC is expected to move back into profit this financial year and it comes at an uncertain time for spread betting firms following the collapse of WorldSpreads.

Isle of Man based Webis Holdings are looking for a new finance director after Damon Waddington resigned. As of April 20 he’ll be off to “pursue a new opportunity.” His position will be filled by financial controller Chris Allen plus “other directors,” with Denham Eke, chairman, adding: “I would like to thank Damon for his valuable contribution over the last six years and wish him well for the future.”

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