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Gambling.co.uk: Gambling News Archive

Playsafe sells operating division

Online gaming firm has offloaded brands including TigerGaming.com, PokerInCanada.com and PayNoRake.com to Julian International Holdings.

Friday 30th December 2011



Listed online gaming firm Playsafe Holding AS has announced the sale of its operating division and brands including TigerGaming.com, PokerInCanada.com and PayNoRake.com to Seychelles-based Julian International Holdings Limited. Playsafe stated that its ActionPoker.com and ActionPokerNetwork.com domains were not part of the deal while it is now set to focus entirely on its software business and ‘the development of a scalable, robust business-to-business delivery platform for online poker operators’. “We are excited about this new strategy for Playsafe, which will now concentrate on its core strengths of developing the products for the business-to-business sector based on its proprietary software,” said Atle Johansen, Chief Executive Officer for Playsafe. “In addition, the sale allows the company to focus on developing the Action Poker brands for new markets.” Playsafe declared that customers with its ActionPoker.com domain are to be transferred to Julian International Holdings’ own brands, which will operate on a new network due to be christened the Chico Poker Network.




Source: OnlineCasinoNews

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