WorldMatch innovative and flexible
July 2, 2004
Following detailed information from WorldMatch, we're happy this
week to provide clarification and more detail on the activities
of this interesting newcomer to the online gambling industry.
WorldMatch
is a Malta-based company which offers a complete and fully licensed
online gaming system to clients and takes care of implementation
and management at a technical, managerial, financial and legal level.
The no-download proprietary gambling platform the company has developed
is at present suitable for Internet gambling but is very flexible
and has the capacity to operate fully in the multimedia environment.
Plans are in train to release both interactive TV and mobile gambling
versions by the end of this year.
WorldMatch recently inked a deal with the major Italian company
Digital Bros which owns an interactive satellite TV channel, Game
Network, entirely devoted to video games and multimedia entertainment.
In terms of the agreement, WorldMatch will develop a website branded
Casino Game Network, which will bear the Game Network TV brand and
will use the WorldMatch gaming platform. It is anticipated that
this venture will go live by the end of July 2004.
The gambling suite took two years to develop in-house and offers
a wide and growing selection of games from BlackJack to Roulette;
Baccarat to Caribbean Poker; Slots to diversely themed Multislots
and a variety of Video Poker types.
Cermet monitors and certifies the software monthly, whilst KPMG
Malta provides accounting certification. Each game is offered in
both play for fun and play for real money modes.
The WorldMatch system is described as a turnkey, ready-to-use business
tool that requires clients only to market and promote, with system
management completely carried out by WorldMatch in every respect.
The business model regarding payment for the service is disclosed
in confidence only to clients for competitive reasons, and company
services are based in Malta, where the head office is located in
the prestigious Portomaso Business Tower building.
During the start-up phase the company is concentrating its marketing
and communication efforts on increasing the number of partners in
the Western and Eastern European markets, although plans are being
made for possible expansion of the business to the USA and Asiatic
markets in the future.
The management and betting platform has been developed to manage
multi-currency denomination wagering, and integration with international
banking systems has been put in place.
A sportsbook version will probably be launched specifically for
iTV early 2005, dependent on the acquisition of a relevant license.
WorldMatch, which has ambitions to go public in 2005 offers casino
games that comply fully with the new Maltese gaming laws. These
impose strict and enforced regulations and controls, requiring checks
on players, the fairness of games and strict anti-money laundering
measures, according to a spokesperson.
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