Optimal Payments (LON:OPAY) - First US online poker STP win
Oct 30th 2012 - Edison Investment Research today published a report on Optimal Payments (OPAY.L, LSE:OPAY, LON:OPAY) entitled "First US Online Poker STP Win". In summary, the report says:
Optimal Payments has announced its first contract to supply payment processing services to the newly regulated US online poker market. The contract with Caesars Interactive Entertainment (CIE) pairs a domestic gaming operator with Optimal’s experience in the payment processing market, particularly in the areas of fraud and risk management. We believe there is scope for Optimal to win additional contracts in this market and note that we have not yet factored US revenues into our forecasts.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
