BUSINESS

Bally, Shuffle Master and Ongame threeway; Wynn applies in Nevada; Media Corp loses other Drummond

TAGs: bally technologies, jason drummond, mediacorp, Ongame Network, PokerStars, Shuffle Master, Wynn Resorts, Zynga

various companiesBally Technologies, Shuffle Master and Ongame Network have become the latest firms to be partaking in a three-way to offer a “best-in-class” solution for the iGaming industry. A release from Bally explained that all parties will utilize each others services so as to improve both sides B2B offering. The move follows Bally’s bid to get an online poker licence in Nevada approved by the state’s Gaming Control Board. Ongame’s poker network will work alongside the Chiligaming platform acquired by Bally not too far back and should be a step in the right direction for the company.

Gavin Isaacs, Shuffle Master’s Chief Executive Officer, the other member of the threeway, commented: “We are confident that this relationship between Shuffle Master, Ongame, and Bally will create the opportunity for gaming operators to control their data, establish liquidity, and ensure their suppliers are truly committed to a B2B model. It is relationships such as this that made us truly excited about bringing Ongame into the Shuffle Master family and opportunities like this only build momentum before the pending closing of our acquisition.”

Wynn Resorts are the latest firm to add their name to the bulging hat of names wanting to garner a piece of an online poker market in Nevada and are actively looking for an online firm to their hand. It’s over a year now since Wynn’s first partnership, with PokerStars, was scuppered by Black Friday and, despite them having little real-money experience, there are rumors that a deal with Zynga is in the offing.

Media Corp is further attempting to drag itself out of the dirt with another Drummond giving up a significant stake in the business. Jason Drummond has sold 10,000,000 shares at a price of 1p and as such “no longer has a notifiable interest in the Company’s issued ordinary share capital”. It follows the ousting of Justin Drummond last month and the new regime is continuing to pore over what was left behind by the old ownership.

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