UK – eQube to bring Teknobingo Scandinavia to the UKBy Phil - 19 February 2016
eQube Gaming has entered into a software licensing agreement with Teknobingo Scandinavia, which will eQube distribute and license Teknobingo’s software under the eQube brand, as part of a suite of eBingo products for global markets, with an initial focus on the United Kingdom and Ireland.
eQube sees significant potential value in deploying the Teknobingo software in strategically important existing and future markets.
This software licensing agreement replaces eQube’s earlier non-binding letter of intent to acquire all of the issued and outstanding shares of Teknobingo.
Headquartered in Oslo, Teknobingo is a leading eBingo solutions provider in Norway. Teknobingo’s software is deployed in Scandinavia with some unique and innovative features of significant interest to the international bingo market.
Kent Tong, CEO and Director, commented: “eQube’s goal is to become the leading provider of technology and operational tools in the global charitable and community gaming markets. We have been working with Teknobingo over the last year and we are confident that the software will be effective in growing revenue in strategically important European markets. Teknobingo software is a great addition to our eBingo solutions toolkit.”
eQube is a leading provider of community and charitable gaming solutions for charitable and commercial gaming facilities. eQube has a majority market share of the Canadian regulated eBingo market, is the leading provider to the Irish digital bingo market and now operates the largest linked bingo game in Western Canada. Current solutions, consisting of commercial eBingo, linked bingo, social games and ancillary systems, are deployed in North America and Europe. eQube’s open platform suite of tools provides customers with new revenue channels to deliver and enhance traditional bingo income for lottery, tribal and other gaming organisations.
eQube recently signed a deal with Golden Entertainment headquartered in Las Vegas, Nevada to provide electronic Bingo solutions to two casino sites under a long-term contract.
Golden Entertainment has over 10,000 slot machines and video lottery terminals and table games in Nevada, Montana and Maryland.