Gambling News Snippets this Week

This week in our Gambling News Snippets, we see that Playtech, one of the leading software providers to the gambling industry snap up Virtue Fusion, EuroMillions pay out a massive amount to a lucky UK based couple and the EU take on gambling issues.

Playtech Buys Out Virtue Fusion

Online gambling group, Playtech, has announced the signing of a lucrative deal that will see it acquire the quality online bingo software platform, Virtue Fusion. The deal, which set Playtech back £36 million, will mean that the group also acquires 20 industry leading licensees, including Mecca Bingo, Ladbrokes and William Hill. “The acquisition places Playtech in the leading position in international online bingo markets, complementing our leading position in poker and casino and, following the GTS acquisition, as a content provider,” said Mor Weizer, the Chief Executive Operator of Playtech.

“This deal will ensure our operators continue to benefit from the market leading VFA Bingo product and in addition can now profit from Playtech's greater international reach and access to a wider games portfolio,” added the CEO of Virtue Fusion, Bob McCulloch.

Massive EuroMillions Lottery Win for UK Couple

One lucky UK couple joined the list of the One Thousand Richest Britons, after bagging an incredible £56 million in the EuroMillions lottery on Saturday. The couple, from West Country in the UK, had their win confirmed by National Lottery operator, Camelot after it was announced that the top prize of £112 million had been split by two ticketholders – one from Spain and the other from the UK. The couple plan to buy a new home and car with their winnings, help out family and friends in need, and buy their children what they’ve always wanted – a tarantula!

Plans to Address EU Online Gambling Issues

The newly elected Internal Marketing Commission for the European Union has said that he will address the ongoing issues facing the online gambling market on the continent. Michel Barnier said that he had plans to draft a green paper that would examine the different views among member states. At present, some countries back the idea of a regulated online gambling industry with free movement of services and operations. Others, however, prefer to retain a monopoly on their gambling industries and limit the entry off foreign operators.

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