Acquiring -- Leisure & Gaming Plc has acquired Stanley Entertainment NV, the online casino business of Stanley Leisure Plc, for £1.86 million in cash and a potential deferred payment of up to £280,000. The deal will have Leisure & Gaming gaining further U.K. and European revenue streams and an extended customer base for its international business. The two parties have also agreed to a partnership for developing their brands and assets online, leveraging Leisure & Gaming's operational and product infrastructure. Plus, they have signed an initial 12-month affiliate agreement in which Stanley Leisure will direct its customers to certain Leisure & Gaming sites. Leisure & Gaming has committed £140,000 as a pre-payment against future affiliate revenues to Stanley Leisure.
Leaving -- Internet gaming software developer CryptoLogic Inc. announced today that Director of the Board Lorne Abony has resigned because his responsibilities at FUN Technologies no longer permit him to devote the appropriate time to CryptoLogic.
Basking -- WorldWinner Inc. President and CEO Stephen Killeen has been named Multimedia All-Star out of more than 200 candidates on the list of 2005 All-Stars by Mass High Tech, The Journal of New England Technology. An awards ceremony will be held Wednesday at the Westin Copley Place in Boston. The honorees will be profiled in a special supplement in the Oct. 24 edition of Mass High Tech.
Reporting -- Online gaming company PartyGaming Plc will announce its third-quarter key performance indicators in an early-morning conference call for newswire journalists on Oct. 21. CEO Richard Segal and Finance Director Martin Weigold will host the 7:45 a.m. call. The details are as follows: Dial-in: +44 (0)20 7162 0125 Password: PartyGaming, Chairperson: Richard Segal, CEO.
Partnering -- InterCasino and Marvel Entertainment have signed a deal to offer Marvel-branded online casino and bonus games developed by CryptoLogic. New jackpot slots will feature such Marvel super heroes as the X-Men, the Hulk, Blade, Daredevil and the Punisher. In addition to its lineup of Marvel Hero slots, InterCasino will offer players the Bejeweled 10 Line Slot, based on the wildly popular skill game.
Launching -- Internet casino group Gaming VC announced today that it will launch an online poker site in July 2006. The company, which operates virtual roulette and publishes a gambling magazine in Germany, also issued strong first-quarter figures and said it is on track with growth plans outlined at its flotation in December 2004.