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16 August 2005
SkillJam Signs Gaming Agreement
With Sportingbet
leFUN
Technologies plc, a leading provider of skill gaming, online
sports information and fantasy sports, announced today that
its subsidiary, SkillJam Technologies Corporation, has
entered into a multi-year agreement with London-based
Sportingbet
plc to be its pay-to-play skill-gaming provider.
Under the agreement,
SkillJam will develop, host and manage a private- label,
pay-for-play, customized skill-gaming platform for
Sportingbet.
Founded in 1998,
Sportingbet is a fully regulated, tax-free, online gaming
and sports betting company. Publicly traded on the
Alternative Investment Market of the London Stock Exchange
(AIM), it is one of the world's largest online gaming
companies. Operating under fully regulated licences in the
UK, Australia, Antigua and Curacao, it provides services to
over 2.5 million customers in over 200 countries, who place
over 1 million bets (casino, poker, sports and virtual
games) per day via its 30 brands across the world. Total bet
volumes show the Group now takes 14 bets per second, and
deals over a million games of poker every day on the
Paradise Poker site.
SkillJam, a subsidiary of
FUN, is a multi-channel provider of skill-gaming technology
and solutions. It develops and distributes private-label
gaming solutions for a broad network of partner destination
sites in the US and abroad, including AOL, MSN's Zone.com
and Disney's Go.com. In 2005 alone, SkillJam has signed over
15 skill-gaming deals with leading global brands, including
Virgin Games and eBay.
Lorne Abony, CEO of FUN,
said, "FUN Technologies is excited to be working with one of
the largest, most prestigious operators in the online gaming
sector. Sportingbet is a pioneer and market leader in online
gaming, and we are delighted to be chosen as their
skill-gaming partner. Beyond that, this deal marks a further
extension of SkillJam's position as the leading supplier of
skill games to the online gaming market."
Sportingbet's Director of
Strategic Marketing, Andrew May, added, "We are pleased to
be able to partner with FUN Technologies and add its
world-class skill gaming offering to our growing portfolio
of entertainment-focused gaming products. The addition of
skill gaming further facilitates our strategy of innovative
product development and excellence in marketing to existing
and new customer groups."
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