Ahead of the weekend, MarilynJean Interactive announced it has entered into discussions with a provider of online gambling licenses and data hosting services.
The online gambling market is expected to exceed $40 billion in 2015. One of the biggest challenges faced by online gambling companies is facilitating funds transfer from users to the online operators.
Consequently, MJMI has entered into discussions with a firm that offers internet gambling licenses in the country of Antigua. This firm simultaneously offers connected data services located on a native reserve in Canada. “This combination allows its clients to both be licensed to offer real money wagering and operate their data centers on a first world telecommunications network. Canada is home to one of the world’s largest publicly traded online gambling operators, Amaya Inc., parent company of mega-sites Pokerstars and Full Tilt Poker,” a provided statement explains.
Peter Janosi, MJMI’s president, says that he and his team are excited to be in discussions with a potential partner in the online gambling space.
“Since we will not be targeting US customers, having a partner that can both facilitate a license in a credible jurisdiction like Antigua and offer data services in a first world country makes sense,” he says. “They share our excitement about the potential Bitcoin brings to this multi-billion dollar industry. We look forward to further updating our shareholders as we make progress in this exciting space.”
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