Big Numbers in Gameaccount’s Quarterly Review
February 17, 2009 (InfoPowa News) — Skill gaming provider GameAccount revealed this week that over £100 million has been staked in the last quarter, a staggering 75 percent increase on the previous three-month period.
GameAccount, as skill gaming partner to many of the industry’s leading bookmakers including William Hill and Gala Coral, reported significant growth in recent months, bucking gloomy media speculation. With total stakes of just £10.5 million in 2007, the results confirm that the company is one of the fastest-growing online gaming firms in the U.K.
GameAccount management reports that active user numbers have risen dramatically, up 38 percent on the previous quarter, with more than 15,000 players logging onto GameAccount websites in the last week alone. The promising results auger well for a significant move into European territories for GameAccount, following an agreement last week with Gaming VC, owner of The Casino Club, the dominant online casino in German-speaking markets, and an earlier deal to provide skill games for Eurobet Italia.
The sustained rise of online skill gaming is being spearheaded by GameAccount — the first U.K. online gaming company to be licensed by the U.K. Gambling Commission. GameAccount manages a large network of games websites where players can compete against each other in tournaments and head-to-head matches for free or for real money. Traditional games such as dominoes, backgammon, poker dice and blackjack can be played remotely against a rival on the other side of the world.
"We're beginning to see a change in the way people are playing games online and thankfully it’s in our favour,” says Kevin Dale, GameAccount CEO. “Partly in an effort to save money, more and more people are turning to the internet for their entertainment and our person-to-person skill games are exactly what they’re looking for.
“Potential partners are now wise to this and are directly approaching us as a provider. By exploiting the favorable conditions and reinvesting in product development and our technology platform we’re able to continually improve our offering and maintain our market-leading postion.”