Online gambling has already ceased to be a latent industry. It now stretches its wings and scurries up at the unfathomable speed. In the not so distant past, the companies working in this industry remained behind the curtains, keeping their revenue records to themselves. This will no longer be the case, as some of these firms will be publicly visible and tradable.
Zone4Play, a developer of interactive technology for gambling games is not yet an open door company, and as VP marketing, Idan Miller explains it is still what the shareholders want. In the past, certain financial problems were balking the company’s growth, which necessitated it to merge with a stock exchange shell. The deal was finalized by April 2002 with the core of the company’s activities transferred to US shell company Old Goat.
Since Zone4Play is a gambling company, many Israelis were at first deterred and unwilling to make large investments in it, fearing of the company’s illegitimacy. Zone4Play, however, assured that it always made sure to keep itself on a par with the law. Today, those who were hesitant to invest their funds are now knocking on the company’s door. Miller maintained that online gambling, as such, is not only computer oriented and today is carried out by television, as well as variety of wireless gadgets. Zone4Play is unique offering any licensed corporation to cater every type of gambling, via any given media channel
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| Source: Gamblingsmart news Staff
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Thursday, 31 March 2005 |