Online Games Provider Bought By Marketers
Published: Wednesday, December 14, 2005 Online-Casinos.com
ONLINE GAMES PROVIDER BOUGHT BY MARKETERS
UK online games firm goes for GBP 150 000 and shares
DM plc, an AIM-listed direct marketing group in London, bought online games provider, Cyberdyne Entertainment Ltd for an initial GBP 150,000 in cash and shares this week.
Subject to the collection of a 'doubtful' debt owed to Cyberdyne, a maximum further sum of GBP 24,384 may become payable in cash, said DM chairman Adrian Williams.
"This acquisition takes DM into the internet betting market," said Williams. "We expect to enjoy considerable leverage using DM's closely related database to drive more clients to Cyberdyne's websites. We also intend to use our own specialist knowledge and buying power to improve Cyberdyne's cost of new customer acquisition," he added.
Cyberdyne has a UK bookmakers license and since trading began in January 2004 has built a client base of about 33,000 customers. The companys gaming portfolio includes football pools, betting, lottery slots, lottery bets and entertainment games.
In the year to end December 2004, Cyberdyne reported pretax profits of GBP 55,382.
An old favorite brought back under a new software brand, U.S. friendly.
Use just one account to access poker, sports book and casino gaming.
Excellent number of high-quality games and great support.
Nice sign-up and on-going bonuses with fast cash withdrawal processing.
Good selection of fun games including some new, innovative games on offer.
Huge sign-up bonus with reasonable wagering requirements and an excellent look and feel.
New players receive an insane 200% bonus up to $1000 free on both their first and second deposit.
New players offered up to $888 free in sign up bonuses, a special bonus available for blackjack players as well.
