Bwin.party has formed an exclusive partnership with social gaming provider Zynga to develop and operate real money online and mobile poker and casino services in the UK.
Under the agreement, bwin.party will deliver a solution that will include the necessary operating platform, software and related support, to power Zynga's real money poker and casino services. These services will initially be focused exclusively on UK-based customers and will operate under bwin's Gibraltar gaming licence.
Jim Ryan and Norbert Teufelberger, the Co-Chief Executive Officers of bwin.party, said: "Today's announcement is a further example of our success in leveraging our assets through strategic blue-chip partners.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Zynga is the world's leader in social games with hundreds of millions of active players and a significant player base in the UK. We are delighted to have been selected as their chosen partner for this important step in their evolution and hope to expand our relationship into other products and markets."
The agreement will see Zynga's real money poker players join bwin's liquidity pool. Bwin is also developing a FarmVille game slot for Zynga's real money casino.
The new services will be Zynga branded.
NR
-
What is the 25x retirement rule and does it work?The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about
