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1Click Games launched a successful project for Nigerian market

Vlad Poptamas

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1ClickGames is the first white-label company to enter the African gambling market with. Company presents Korectwin.com, a casino website with lotto, sportsbook and casino games and live dealer games.

Low internet coverage impacting on the country’s network sales turned out to be one of the main technical challenges. It forced the company to ease the technical side of the project, adapting to countries secularities, thus providing the best possible scalability.

The main business focus was made on lotteries: west-Africa’s lottery, Ghana Lotto 5/90 along with the new local RNG lottery created especially for KorectWin.com were added.

Maxim T., CEO at 1Click Games, says: This deal indicates the increasing popularity of our solutions in African markets. We are glad to enter a new market and create a successful project by thinking outside of the box. We also support Nigerian land-based casinos, including agents sales system by providing POS terminals.

Vlad Poptamas is a Junior Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries among which the gaming industry. Vlad has a background and possesses skills that enable him to do creative content writing and editing.

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Gaming and Leisure Properties, Inc. Declares Third Quarter 2019 Cash Dividend of $0.68 per Share

Vlad Poptamas

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Photo source: wealthlab.co
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Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that at its meeting yesterday, the Company’s Board of Directors declared the third quarter 2019 cash dividend of $0.68 per share of its common stock.  The dividend is payable on September 20, 2019 to shareholders of record on September 6, 2019.

While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.

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PR – NSoft at Entertainment Arena Expo 2019

Vlad Poptamas

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NSoft is going to exhibit at the Entertainment Arena Expo and enable operators to discover the rich one-to-one customized experience of NSoft’s products – Sportsbook, Virtual Sports Betting, Draw Based Games and NSoft Vision.

 

Entertainment Arena Expo (EAE) is the biggest exhibition for the casino and betting industry in Central and Eastern Europe. The event will take place from September 3rd-5th, at Romexpo Exhibition Center Bucharest.

 

Entertainment Arena Expo 2019 is the spot where exhibitors and visitors will extend their businesses and materialize their growth plans. NSoft, taking part in this premium event will present its complete solutions aiming to meet the customer’s uppermost requests.

 

In order to obtain in-depth and comprehensive information about the latest NSoft’s innovations and products, feel free to book a meeting with our representatives at sales@nsoft.com, or simply meet them at Stand 523 during the event, they will be happy to share NSoft’s know-how with you.

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Guardia di Finanza Accuses SKS365 for Tax Evasion

Niji Narayan

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Photo source: usaonlinecasino.com
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Guardia di Finanza, the financial police in Italy, has accused SKS365, the Malta-based gambling operator, for tax evasion.

The fiscal probe conducted by the Guardia di Finanza law enforcement agency in the coastal city of Reggio Calabria concluded that SKS365 had failed to declare about 4 billion euros in taxable income between 2015 and 2016. Investigators said the company made the money by “carrying out gambling activities illegally in Italy.”

Ramphastos Investments acquired SKS365 for 158 million euros in August 2016 and November 2017. During the police sweep in 2018, the prosecutor’s office clarified that “no claims of responsibility” emerged against the company’s new owners.

SKS365 told that its current management has no links to the company’s previous activities and that it is now suing the company’s previous owners and seeking compensation.

Colonel Cesare Antuofermo, a Guardia di Finanza officer involved in the case, told that the legal entity liable for the tax offenses remains the same, even if the corporate structure — and its shareholders — have changed.

Antuofermo added that the latest allegations are “the largest ever tax evasion claim issued against an online gambling company in Italy.”

SKS365 will now have 60 days to make its case to the Italian Revenue Agency, which has taken over the tax evasion case from the Guardia di Finanza. The tax authority will then issue a notice that formally certifies the amount of taxes owed by SKS365 and the payment deadline.

In a statement, SKS365 told OCCRP it “reserves the right to take legal action aimed at protecting its interests and those of its investors. The company does not provide comments or specific information on its legal actions.”

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