13th of October 2009 Author: Ava Jackuard
New operator moves a step closer to a white label solution
Beneficial Holdings Inc., a Nicaraguan-based gaming company that has pushed out an extraordinary number of press releases on its land activities this year, has announced progress in finding a white label online casino provider, narrowing its search down to two companies.
The search is part of the company's strategy to enter the online gambling sector, announced in July this year.
Management has decided to abandon its original intention to set up in Costa Rica due to tax and regulatory changes imminent in that country. Instead, it will focus on forming a joint venture with an established casino operation that already maintains the proper licensing for online digital casinos.
The hunt has now been narrowed down to two vendors, which the company does not identify in its latest press material. Each is prepared to provide all programming and maintenance of the online casino, process all transactions, and provide ongoing technical support. The casino will be built to Beneficial's standards and brand, while continuously providing complete access to all transaction data.
In exchange, the casino developer-processor would receive a commission ranging between 20 and 30 percent, management said.
Beneficial is in the final stage of negotiations and expects to announce its final decision within the next three weeks. In the interim, the company will continue its affiliate marketing relationship with Virgin Games.
General Gambling News
2nd of August 2010
3rd of November 2010
17th of December 2014
16th of October 2014
21st of October 2014
20th of October 2014
28th of October 2014
7th of November 2014
25th of October 2014
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2014
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here