WorldMatch, a gaming company located in Malta, signed an agreement with the satellite channel Game Network to provide an online casino under the Game Network Brand. The company is the fist gaming system to be fully regulated by a EU member state. Game Network, part of the Digital Bros group, focuses on video game and multi-media entertainment and broadcasts throughout Europe on Eutelsat and Astra.
Alessandro Fried, President of WorldMatch, said as was quoted by Onlinecasinonews.com: “The agreement integrates the WorldMatch mission, offering an entertaining and safe online form of leisure, with the high degree of interactivity offered by the Game Network TV channel.”
The company is to enter the gambling market not with its own casino, but through companies with well-known brands, such as tour operators, sports companies, internet portals, cruise lines. Alessandro Fried said the companies should enjoy their customers’ confidence and be interested in providing an alternative form of entertainment for clientele.
WorldMatch is currently negotiating with over 180 testimonials of well-known brands. The company is going to capture 10% of the European market with a gross turnover of 500 million Euros and a gross revenue of about 50 million Euros over the next three years.
Chinese police arrests online gamblers
47 people, connected to an online gambling scheme, were recently arrested in China. The large-scaled illegal tinternational gambling activity was held in Yiwu, a city in the East China province of Zhejiang. There were also 20 others people involved in the case, which are on the run now, reported the China Daily cited by Casinocitytimes.com.
The players played Baccarat online, using Internet connections and changeable codes to monitor and bet on live games at a location in Myanmar. Yiwu gamblers, located 100 kilometres southwest of the provincial capital Hangzhou, were able to watch actual players moving cards and chips in Myanmar, and also participate in the games.
The online casino was available for players who just typed an Internet address and input a code. After that gamblers could see the live games through Internet video. Players would then call the organizers, who would have an agent place the bet on the table.