CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

Australia's ECORP Gets Slice of Gambling Pie

20 February 2002

AUSTRALIA – As reported by (Australia )News.com: "ECORP is taking a 50 per cent stake in PBL's Vanuatu-based online casino.

"The two Packer-backed companies said in a statement to the Australian Stock Exchange that they would share 50:50 ownership and joint operational control of the CrownGames.com gaming website.

"Ecorp would contribute $2.7 million for its share in the cost of launching CrownGames.com.

"…Ecorp chief executive Alison Deans said Ecorp was entering a growth area of the internet in partnership with a leading global brand.

"…Under the agreement, PBL subsidiary PBL Gaming Technologies would continue to develop software for the gaming industry and licence its technology to the joint venture…"

< Gaming News