Daily News: bankruptcy Wirecard and new slot at Play’n GO
Scandal with Wirecard. Payment system "lost" $2 billion.
Not that long ago, Wirecard — the company that had been seemed to be successful, has turned into a big failure after losing more than $2 billion. This company is based in Germany and has been serving many industries including online gambling.
Players who were primarily from Europe could create virtual Wirecard cards, from which they were able to make deposits and withdraw winnings. These cards were linked to user bank accounts.
An investigation began last year, and recently it was announced that the company’s accounts were lacking $2.1 billion. In theory, this money should have been in two banks in the Philippines. However, the banks deny any connection.
So that, the Philippines call a Wirecard employee to investigate who of their citizens was involved in a scam. After all, it is assumed that one of the employees of these banks helped falsify documents confirming that the "lost" money was in the Philippines.
Wirecard’s CEO, who has been with the company for 18 years and is responsible for raising the brand, has already been arrested for providing false information. It turned out that the success of Wirecard was not the result of good work, but of secret manipulations and sleight of hand of the director who was able to convince everyone including the country's financial regulator of the success and legitimacy of the business.
After it became known about fraud, the value of shares fell about 50 times, from $112 to $2, so operator had to file for bankruptcy.
The sequel to the famous Book of Dead series from Play’n GO was launched
Cat Wilde and the Doom of Dead was presented at the Play’n GO casino on June 25. A new slot will continue the famous Book of Dead series. In a previous release of this series, the developer introduced the players to the daughter of the great Rich Wilde, but this time the company stroke it out on its own.
The release was announced at the end of May, almost immediately after the joint slot of father and daughter, Rich Wilde and the Shield of Athena were released. The representative of the studio noted that despite the solo appearance of daughter, the hero of Book of Dead still remains popular:
Everyone loves Rich Wilde slots, but we believe that modern slot players need fresh product.
This does not mean that you will never see the next release of Rich Wilde again, but we develop new and interesting heroes for our releases all the time.
Why did Evolution decide to buy NetEnt? Comment of the company
A possible merging of Evolution and NetEnt can be considered as a high-profile news of this week. Many people were surprised, and Gambling Insider decided to find out why Evolution decided to take this important step. They talked to a representative of Evolution and found out that negotiations began this year.
A new strong company seems to become a top operator in the online gaming Industry having strong potential to international growth.
Evolution is the leading company supplying live casinos with the best content, and Net Entertainment is one of the best slot developers, so that, merging of such strong platforms will result to the creation of the best B2B operator with the ability to advance the digitization of the whole gaming industry.
Gambling Insider also found out what the companies are focused on. Evolution's representatives stated it was a significant step towards their goal to become the top leader in the online gambling industry. They expect Net Entertainment to accept their very profitable offer, as the all major shareholders has already approved it.