Media Release: EML Payments Announces Multi-Year Agreement with BETDAQ in Europe
EML Payments Limited (ASX: EML) (EML) is pleased to announce another gaming partnership for its wholly-owned subsidiary EML Payments Europe Limited. BETDAQ and EML have entered into a multi-year agreement for the provision of branded reloadable cards. The cards can be used by BETDAQ customers to immediately access their winnings and remit funds back into their gaming accounts.
BETDAQ is a website that offers exchange betting on a wide variety of national and international sporting events. BETDAQ brings together bettors from around the world and allows them to bet against one another, rather than using the odds set by a bookmaker. BETDAQ has more than 200 employees and has offices in Gibraltar and Dublin, Ireland.
BETDAQ is a brand within the LadbrokesCoral PLC Group, a company listed on the London Stock Exchange. BETDAQ is operated by LC International Ltd., licensed by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner. All bets struck by customers with accounts registered in Great Britain are regulated by the British Gambling Commission pursuant to the license held by Ladbrokes Betting & Gaming Ltd.
The commercial terms and timing of the product launch are commercial in confidence, and EML will provide an update to shareholders at the appropriate time. The program is subject to standard regulatory, bank and scheme approvals.
With payment solutions from EML, you will be empowered with more control, transparency and flexibility over your payment processes. Whether you serve businesses or consumers, EML makes your payment process more efficient and secure from start to finish, while helping you improve customer service and increase brand loyalty. Our portfolio offers innovative payment technology solutions for payouts, gifts, incentives and rewards, and supplier payments. We issue mobile, virtual and physical card solutions to some of the largest corporate brands around the world, process billions of dollars in payments each year, and manage more than 1000 programs across North America, Europe and Australia. Learn more at www.EMLpayments.com
BETDAQ is owned and operated by LC International Limited, Suites 6-8, 5th Floor, Europort, Gibraltar, is licensed (RGL Nos. 010, 012) by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner. All bets struck by customers with accounts registered in Great Britain are regulated by the British Gambling Commission pursuant to the license held by Ladbrokes Betting & Gaming Ltd. (license no. 1611). Learn more at http://www.betdaq.com/.
For further information please contact:
Rod North, Managing Director,
Bourse Communications Pty Ltd
T: (03) 9510 8309, M: 0408 670 706