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The casino is operating in Cyprus with 54 registered affiliates, of which 15 have signed more than 500 people and 3 more than 1000.
The platform is licensed from Softswiss, under our own license and our own payment gateways. The games aggregator and the transactions occur via softswiss.
There are 6,500 players registered and between 9,000-20,000 euro deposits per month.
In the valuation the assets include:
"During only 22 days of operation we managed to have around 25,000 euro deposits from 400 depositing players. We have agreements with 20 affiliates of which 3-4 are very popular. We are also in discussion with several more due to come online before the end of the month."
There are no long term liabilities, other than the operational expenses mentioned below.
There are many positive comments in forums and affiliate sites, which was the most difficult (and valuable) part of the operation and mainly due to the design and our friendly support attitude. We can provide a list of the forums they are part of.
The agreement is for the sale of 100% of the share capital of TM SCYTHE FAST LTD incorporated and registered in Cyprus. AACASINO LTD incorporated and registered in Malta will act as an introducer to a potential buyer.
XXXXX LTD owns 100% of the share capital of XXXXXX N.V. Incorporated in Curacao which operates the online casino.
XXXX N.V. owns a Curacao gaming sub-license and has agreements with several payment providers, casino content providers and software solutions. All registered intellectual property rights are included in the sale.
There is a requirement of Due Dilliegence for the buyer and details can be forwarded on request.
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AACASINO LTD adheres to and follows the Nine Principles of Data Protection of Malta.
These are as follows;
The controller shall ensure that: