Below are a selection of articles and features that cover the finance and banking side of the iGaming industry ranging from the latest payment systems through to the iGaming Business Index which is exclusive and still not repeated anywhere else.
M&A and the Roads to ConsolidationSeveral months of predictions, rumours and speculation about Mergers and Acquisitions in the online gaming sector are starting to come home to roost – and just like buses, you wait for one deal to come along and then four arrive at once.
PartyGaming Playing Numbers GamesPartyGaming’s acquisition of Cashcade signals the first active step towards the widely anticipated consolidation of the industry, and could act as a catalyst for increased M&A activity within the sector. Mark Segal, Finance Director of Cashcade, explains the ramifications of the deal for both parties.
Payments: In-House or Outsource?It’s blindingly obvious that every Internet gaming operator has only two real challenges on the money front: getting money in securely, and paying it out efficiently. It’s also a given that in one way or another, this requires an interface with the banking and money movement system in every jurisdiction where it is intended to do business. Given that every operator has a sophisticated level of ability to manage thousands, if not hundreds of thousands, of player accounts, managing cash flow through a relatively small number of bank accounts should not seem so difficult by comparison. Why, then, are the majority of gaming companies reluctant to manage their own payment relationships and so very dependent on competent third party providers?
Recently, the market's perception of the gambling stocks has been dominated by the 'three Rs':namely, Recession, Regulation and Refinancing
It’s impossible to miss the fact that we are in a global recession. The media is shouting about it and the governments of the world are throwing cash at it to avoid a major slump.
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