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
3rd of November 2010
11th of March 2010
1st of July 2015
1st of May 2015
4th of May 2015
16th of June 2015
5th of June 2015
25th of May 2015
17th of May 2015
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2015
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