online gambling and casino news

Palace group taking over Money Mechanic casinos

02.03.2006

Affiliates of the Money Mechanic group, which handles Microgaming-powered casinos like Piggs Online Casino, Mummys Gold Casino, Jackpots In A Flash and Poker333 were told this week that these operations had been acquired by The Palace group. Operations in the Palace stable include Ruby Fortune Casino and Spin Palace Casino.

No financial numbers were revealed, but the integration will apparently take place on the 1st of April 2006. All Money Mechanic brands will be integrated into Wager Share (the affiliate program for Palace) along with the appropriate marketing tools. Affiliates will be able to see their live stats on Wager Share from the 1st of April.

The Money Mechanic tracking tags will continue to work with the Wager Share system. Affiliates will have until the 1st of July 2006 to update their tags to the Wager Share system. For affiliates that are already affiliated with Wager Share, those accounts have been mapped together and all players delivered under Money Mechanic will appear on Wager Share Accounts. Accounts will be created for Affiliates who are new to Wager Share.

Money Mechanic will make their final payment to affiliates for March revenue generated.

Wager Share has assured all concerned that it will not allow any revenues to be lost.

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