Canbet Bids Au Revoir to US -- Aussie online sports betting group Canbet today announced its exit from the U.S. market, in compliance with the Unlawful Internet Gambling Enforcement Act (UIGEA). "As from Nov. 30, 2006, players that reside in the United States will no longer be able to gain access to place sports and casino bets at Canbet," the company said in a prepared statement.
For Sale -- U.K.-based payments processor Moneybookersis up for sale for a reported £100 million ($189.7 million). Founded in 1964, the company has an estimated 2.3 million account holders. The Rumor Mill suggests industry rival Neteller to be among the front-running suitors, as the company looks to increase its European presence and diversify after the enactment of UIGEA. Moneybookers' 2006 revenue is projected to reach nearly £8 million ($15.1 million), with pre-tax profits of approximately £4 million ($7.59 million).
I Spy -- Internet geography services and technologies provider Quova today announced a partnership with identity authentication solutions provider 192.com. 192.com has agreed to add Quova's geolocation technology to its identity solutions suite: 192PlayerID for Internet casinos, and 192ProveID for e-retailers and payment providers. The partnership allows 192.com business services clients to geolocate online users at the country-, city- and state-levels, identify their Internet routing and determine whether users are obscured by anonymizers or other proxy servers.
New Licensing Agreement -- Aristocrat Technologies announced today that it has signed a slot content licensing agreement with Cantor Gaming. Aristocrat's game content will be offered via Cantor's mobile gaming system to wireless, handheld devices in casinos worldwide