March 30th, 2009 by admin

It was a practical choice for Cryptologic when they decided to merge their online poker with those of Boss Media last Wednesday.
This merge was already announced late last year. Because of their need for substantially reduce of costs while they aim to improve their liquidity for players, Cryptologic was motivated to merged with Boss Media. Boss Media’s International Poker Network is huge than the former six Cryptologic network sites. The timetable is set as follows:
• 17 March - Extreme Poker
• 18 March - Classic Poker, Opoker, DTD Poker and BetJacks
• 19 March – InterPoker and ParBet
Based on Boss Media’s poker software, in cooperation with St Minver they will provide a fully-managed poker solution.
Atul Bali, the President of GTECH’s New Media & Sports Betting Co. and a parent body for Boss Media declared, “With the addition of six new poker licensees including InterPoker and ParBet, we are significantly increasing the liquidity that can be offered to both the new licensees’ players, as well as our existing customers’ player base. We look forward to further developing our relationship with CryptoLogic and further increasing the size of the IPN over time.”
Brian Hadfield, President & CEO of CryptoLogic also agreed that GTECH and Boss Media are the right partners for CryptoLogic. They were excited to see that this transition happened right on the schedule and it was made possible because of the independence and commitment to innovation and technology.

March 27th, 2009 by admin

The Spanish group CMedia finalised a major acquisition deal this week that sees it taking over the giant free gaming site MediaGambling, and access to that enterprise’s more than 500 000 Spanish speaking players across Spain, France, Italy, Germany and Latin America.

MediaGambling was founded in Uruguay in 2002 by Maximiliano De Muro and Enrique Dubois, well-known Spanish internet entrepreneurs who also built and sold off major businesses such as Bingos.com (sold in 2008 to NetPlay TV), Wamba.com (sold in 2009 to Mio.tv) and SX Networks (sold in 2008 to a Spanish internet group). The company has over 600 representative brands such as PokerGratis.es, bingogratis.es, comojugarpoker.com, juegosdecasinogratis.com, juegomundo.com and o jeuxdepokergratuit.com, reports information portal Jamma.

Barcelona-based CMedia will add MediaGambling to its extensive and popular portfolio of online gambling websites such as aprenderpoker.net, forodepoker.es and comoapostar.com.

Christian Khoury, founder and CEO of CMedia 2007 SL, said that the acquisition “…is the response to the company’s objective of becoming a leader in the Spanish gambling world. For this purpose, MediaGambling´s faithful and solid traffic volume will join with CMedia offering us new markets in Spain, France, Italy, Germany and Latin America”.

Maximiliano De Muro, co-founder of MediaGambling commented: ”I am very proud that such an innovating company as CMedia, with so much potential, has chosen MediaGambling. [This] acquisition can only evidence the project’s great success. With the incorporation of MediaGambling, CMedia multiplies its network scope, achieving traffic volumes that approach a million unique users per month. Thus, it positions itself as leader in the Spanish gambling sector, and gains ground in other tongues.”