The recent acquisition of Vera&John by Intertain group as part of its acquisition of Dumarca Gaming has led to the online casino’s announcement that it is withdrawing from the Canadian market.
Players and affiliates were assured that balances would be paid in full.
Dumarca Gaming was acquired by Intertain group in October and Intertain CEO John Kennedy Fitzgerald said that the acquisition beneficial in providing access to Nordic markets, adding:
“Furthermore, Vera&John has developed and owns a fully-integrated, proprietary software offering, giving us future flexibility with respect to our business. Vera&John also has a mobile platform, including a leading mobile casino, with 35 percent of their expected 2014 sales being generated through this growing medium”.
The majority of Vera&John sales come from the Nordic market where it is particularly strong.
zuga
9 years ago
well that sucks big time..
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jade
9 years ago
I have heard that their withdraw from the UK, just like several other groups is because of the new "point-of-consumption" tax which is 15% of gross profits from customers. It does not matter if you are not based in the UK. If you are getting business from UK citizens, this tax applies to all those customers. As a player,...
I have heard that their withdraw from the UK, just like several other groups is because of the new "point-of-consumption" tax which is 15% of gross profits from customers. It does not matter if you are not based in the UK. If you are getting business from UK citizens, this tax applies to all those customers. As a player, I hate it for these groups getting taxed. You know it is going to cut in on the players benefits as well.
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