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Contract win

20th Mar 2013 07:00

RNS Number : 3996A
Media Corporation PLC
20 March 2013
 



20 March 2013

 

Media Corporation Plc

("Media Corp" or the "Company")

 

 Contract win

 

Media Corp to provide betting platform for Channel of Champions BoxNation

The Board of Media Corp, the AIM quoted online gaming group, is delighted to announce that it has entered into an exclusive Agreement ("Agreement") with Boxing Channel Media Limited to supply betting services to its TV channel, BoxNation. This is the Company's first white label contract win - enabling Media Corp to capitalise on its Intabet software platform on a revenue sharing basis.

The Agreement will be for a minimum initial period of three years subject to an initial feasibility assessment period of three months commencing now. Under the terms of the Agreement Media Corp is to provide, inter alia, the platform for an internet sportsbook and casino to be integrated with the BoxNation website (www.boxnation.com) which will offer a full range of sports betting and casino games, but with a particular emphasis on boxing. The service provided by Media Corp will allow boxing fans to place bets via the proposed BoxNation betting platform.

Phil Jackson, Chairman of Media Corp plc said:

 "This represents the first application of our white label service. We are delighted to win the contract to deliver betting and, over time, casino products to the only dedicated boxing channel in the world.

"BoxNation has a large and growing subscriber base and we believe boxing and betting go hand in hand and we are looking forward to developing a profitable and long term relationship with BoxNation as they grow into a leading sports channel around the world."Richard Brooke, Chairman of BoxNation said:

"This is a major step forward for BoxNation as Media Corp have a strong casino and sportsbook platform and we are pleased to be part of this enterprise. We believe this is something our customers will enjoy and it can grow to be a significant part of our offering."

For more information on BoxNation please see below and for the Company visit www.mediacorpplc..com

--END--

Media Corporation Plc

Phil Jackson - Chairman

 

Tel: +44 207 618 9000

 

Northland Capital Partners Limited

Luke Cairns / Lauren Kettle (Nominated Adviser)

 

 

Tel: + 44 207 796 8800

XCAP Securities

Jon Belliss (Joint Broker)

 

Tel: + 44 207 101 7070

Bishopsgate Communications

Tel: + 44 207 562 3350

Nick Rome

 

BoxNation

Claire Grew (PR Executive, Bird PR) Tel: + 44 161 839 4846

 

 

About BoxNation: BoxNation, the Channel of Champions and proud partner of Rainham Steel, is the UK's first dedicated subscription boxing channel. For £10 a month and no minimum term customers can enjoy great value live and exclusive fights, classic match footage, magazine shows and interviews with current and former fighters. Previous highlights have included Klitschko v Chisora; Mayweather v Cotto; Haye v Chisora and Freddie Flintoff's live boxing debut.The channel is available on Sky (ch 437), Virgin (ch 546), online at Livesport.tv and via iPhone or iPad.

For more information visit www.boxnation.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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