| 08/15/2010 |
Online Casino Style: News |
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Last week’s news from the Weather
Lottery that they would be launching an online gambling branch of their
services has been updated this week, with news that the move has resulted
in a huge jump in share prices for the company. Apparently, the decision
to introduce internet gambling services has been more than just well
received by the public, as investors move quickly to be part of the
action, and expected profits. The agreement, as published last week, was through the brand name FCBetz.com and apparently folk have remembered it as the stock prices have jumped an unheard of 173 percent in the last week. The Weather Lottery is listed on the AIM stock exchange, and was originally launched as a service for charity and local fundraisers, establishing on a more official level lotteries. Their success led them to the decision of launching online gambling resources as well, an announcement that has immediately resulted in scores of interest in the smaller firm. Their first contract with the new venture was that of Conventry City, signing a multi-year deal that would outline a complete online gaming package in addition to the more traditional FC Lotto. Soon after, Derby County Football Club followed suit, with yet another contract being made with Sheffield Wednesday in the last few days. The company has additionally confirmed that even more contracts are under negotiation, with additional announcements to be expected in the coming weeks. "Derby County meets all the criteria we are looking for in our commercial partners. It has a strong fan base, an illustrious history and its ambitious owners have realistic premiereship prospects,” TWL chairman Lord Razzall commented this week. Razzall said that all the new contracts would become active for the beginning of the new season, kicking off next month. No news as to what internet casino software company The Weather Lottery intends to employ. |
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