Online Casino San Trpoez recent headline called Asian Online Casino Cuts Deal with Online Gambling Group

Casino News > 7 Dec 2006

* Online Casino News || www. CasinoSanTropez. Com || 8 Feb 2007 *
Asian Online Casino Cuts Deal with Online Gambling Group  7 Dec 2006

A UK-based wholesale and retail brokerage and clearing house has recently signed a counterparty agreement with a leading online casino entertainment company. This online casino group is one of the largest bookmakers in Asia. The terms of the agreement will enable brokerage firm to place bets with the online casinos group on behalf of its retail and wholesale clients. It will be able to do this while providing the online casino with access to brokerage services to help square their books and effectively manage risk.

Wayne Lochner, Chairman and CEO of the brokerage firm, said, 'This counterparty agreement...will extend...geographical reach, giving the Company access to the emerging Asian gaming market. This is a significant agreement...and is another excellent endorsement from an industry counterparty.' The agreement marks the brokerage firm's first steps into the Asian market, alongside an online casino company with a large and loyal customer base. This base is well respected in Asia for its innovation and professionalism in the online casino world.

This is just another of many online casino business deals that recently taken place. In a world where companies buy and sell to one another nearly every day, it is not surprising that this business transaction was considered beneficial and necessary by both sides. Hopefully this will not affect the customer base of the online casino negatively. The customers should not notice a difference in their overall satisfaction and online gambling experience.


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