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Online Casino Golden Palace Invests in Gambling Tech Developer Zone4Play

Authored by Mark Hefflinger on September 14, 2006 - 12:24pm.
Wilmington, Del. - Zone4Play, a developer of interactive software and technology for the gambling industry, announced on Thursday that it has received an investment from online casino Golden Palace. Under the terms, Golden Palace will invest $600,000 in exchange for 20% of RNG Gaming, an indirect subsidiary of Zone4Play, with an option to purchase an additional 30% stake. RNG was created to develop and license Zone4Play's multiplayer Black Jack gaming technology, which will now be featured on GoldenPalace.com.
tags: Deals | Tech | Gambling | Casinos | Zone4Play | Investments | Golden Palace |