Online Bingo Lounge » bingo http://www.onlinebingolounge.co.uk/blog Home of Free Online UK Bingo Sites Sun, 12 Feb 2012 13:30:58 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Online Bingo Sites in Europe Use Neteller http://www.onlinebingolounge.co.uk/blog/online-bingo-sites-in-europe-use-neteller-0250 http://www.onlinebingolounge.co.uk/blog/online-bingo-sites-in-europe-use-neteller-0250#comments Sun, 28 Sep 2008 09:28:06 +0000 James http://www.onlinebingolounge.co.uk/blog/online-bingo-sites-in-europe-use-neteller/ Neteller is a trusted online money transfer and payment method. The company was founded in 1999, based in Isle of Man and regulated in the UK. Online Bingo Sites in UK mostly use Neteller as it is the world’s leading independent online payment method. Players are guaranteed security in online transactions.

In 2000, the US government banned online gambling and Neteller also had to discontinue its services to Canada and Turkey. Hence, online bingo sites and online gambling sites in these countries stopped using Neteller to provide them with the online payment service.

However, as the Online Bingo  industry is expanding in Europe, it is necessary to bring in a system that will make it easy for players to open an account anywhere in Europe. That is why, Neteller has extended its services to Estonia, Hungary, Latvia, Slovenia, Lithuania, Slovakia besides their operation in Spain, Sweden and Portugal.

This system will ease the burden of players in the European countries and with their expanded currency support will be able to open their accounts in their own currency. Thus, making online transactions hassle-free.  

]]> http://www.onlinebingolounge.co.uk/blog/online-bingo-sites-in-europe-use-neteller-0250/feed 0 St. Minver to be acquired by GTECH Corporation http://www.onlinebingolounge.co.uk/blog/st-minver-to-be-acquired-by-gtech-corporation-0049 http://www.onlinebingolounge.co.uk/blog/st-minver-to-be-acquired-by-gtech-corporation-0049#comments Sat, 05 Apr 2008 21:46:14 +0000 James http://www.onlinebingolounge.co.uk/blog/st-minver-to-be-acquired-by-gtech-corporation/ The Gibraltor based, St Minver Ltd would be acquired by GTECH corporation, a wholly owned subsidiary of Lottomatica. They have entered a deal in which 90 percent of this white label gaming services provider would be acquired. Many top bingo brands like Virgin Bingo and ChitChat Bingo use the St Minver software in the back-end to provide excellent Online Bingo games.

The price GTECH is paying is in the vicinity of €28 million with up to €13.6 million more depending on the performance of the company during 2008 and 2009. This acquisition is subjected to regulatory conditions and is thought to be completed by the end of this quarter.

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