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Lawyering Around

The coming of a New Year is just the impetus that some online casinos and gambling companies need to start the year out with some powerful acquisitions. NetPlayTV announced the acquisition of two new companies within the internet and mobile gaming industries. NetPlayTV is one of the companies in the new media sector of the online casino gambling industry that has actually fared very well over the past year as the global economy slumps. Because the company has interests in various sectors of the market they are able to not only stay profitable, but to also expand their interests into new markets.

NetPlay has acquired two sites within the online gaming sector - VenturyGames.co.uk, and ToucanWin.com. The two companies are specifically involved in the mobile gaming sector of the online casino gambling industry. NetPlay has really been looking at opportunities to expand the business outside of the television gaming sector and this is a prime opportunity. Additionally, at a time when many online casinos are hitting hard times because of the slowing economy, skill gaming is wide open for continued growth because gamers are able to enjoy the variety of skill games without losing money through gambling.

The CEO at NetPlay, Martin Higginson, elaborated on just why the company has chosen an online mobile gaming provider as the newest acquisition. A primary reason centers on the idea of convergence. The new mobile gaming division allows NetPlay to now convert existing products and brands into offerings suitable for the mobile online casino gambling and gaming industry.