GameAccount Network yesterday announced the acquisition of operating assets formerly owned by The Money Gaming Corporation, which entered liquidation in late 2009.

Under the terms of the transaction, customers of MoneyGaming.com will be able to resume their online gaming activities within the
GameAccount Network from January 19.

Kevin Dale, CEO of GameAccount Network, said: "Acquisitions of assets are the unsung strategy of the marketplace today. We all read of major acquisitions by publicly-listed companies but rarely hear of smaller-scale acquisitions within the small community comprising our industry. In publicising our third acquisition we’re reaching out to any and all small-scale gaming operators looking to find a safe home for their end-user community without having to close down and refund all individual customers’ deposits."