Online Casino Transfer: News - An Accolade for Moneybookers

02/12/2010		Online Casino Style: News An Accolade for MoneyBookers
Home History Games News Dictionary		Moneybookers, though relatively well known in the internet gambling community, has managed to secure for themselves an accolade that might bring them some more business. They have been named the fastest growing private equity-backed company on the Buyout Track 100, published by Deloitte. The ranking table names the top 100 private equity-backed companies with the fastest growing profits, usually determined by their EBITDA scoring (Earnings Before Interest, Taxes, Depreciation and Amortization). The popular e-cash processing firm took the first place for this year, once again showing the strength and resilience of the online gambling industry. Moneybookers has managed to outperform all of their competitors, despite continued restrictions on internet casinos all over the world, and the persistence of the economic recession. The company managed to average new signings of more than 13,000 customers a day over the last year, with their overall profits soaring 177 percent from 2008 to the conclusion of 2009. Last year also enjoyed a number of milestones met, such as their 10 millionth eWallet customer. Their e-commerce transaction volume also jumped, increasing by 120 percent despite the global trend remaining at a mere 15 percent. Deposits in customer accounts has doubled; staff employment nearly tripled; and the firm has expanded their online merchant client list from 35,000 to 60,000, including a number of huge brands such as Thomas Cook, Skype, and Playfish, bringing their e-processing services outside of the online gambling industry. “This award is a testament to the popularity of the Moneybookers eWallet, now used by over ten million customers and whose ease of use and security benefits are attracting new customers every day,” said Martin Ott, in response to the award. The co-CEO continued, “The crisis has made us stronger. While other companies have cut back on their spending, we have increased our investment in future growth. The high growth of our business has again been recognised and we are confident that we will build on this momentum in 2010.”

02/12/2010

Online Casino Style: News
An Accolade for MoneyBookers

Moneybookers, though relatively well known in the internet gambling community, has managed to secure for themselves an accolade that might bring them some more business. They have been named the fastest growing private equity-backed company on the Buyout Track 100, published by Deloitte. The ranking table names the top 100 private equity-backed companies with the fastest growing profits, usually determined by their EBITDA scoring (Earnings Before Interest, Taxes, Depreciation and Amortization). The popular e-cash processing firm took the first place for this year, once again showing the strength and resilience of the online gambling industry.

Moneybookers has managed to outperform all of their competitors, despite continued restrictions on internet casinos all over the world, and the persistence of the economic recession. The company managed to average new signings of more than 13,000 customers a day over the last year, with their overall profits soaring 177 percent from 2008 to the conclusion of 2009. Last year also enjoyed a number of milestones met, such as their 10 millionth eWallet customer. Their e-commerce transaction volume also jumped, increasing by 120 percent despite the global trend remaining at a mere 15 percent.

Deposits in customer accounts has doubled; staff employment nearly tripled; and the firm has expanded their online merchant client list from 35,000 to 60,000, including a number of huge brands such as Thomas Cook, Skype, and Playfish, bringing their e-processing services outside of the online gambling industry.

“This award is a testament to the popularity of the Moneybookers eWallet, now used by over ten million customers and whose ease of use and security benefits are attracting new customers every day,” said Martin Ott, in response to the award. The co-CEO continued, “The crisis has made us stronger. While other companies have cut back on their spending, we have increased our investment in future growth. The high growth of our business has again been recognised and we are confident that we will build on this momentum in 2010.”