Reverse Archives - Keno Wizard https://kenowizard.com/tag/reverse/ The Ultimate Keno Destination for Odds, Tips & Tricks Wed, 20 Sep 2023 08:02:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Reverse Archives - Keno Wizard https://kenowizard.com/tag/reverse/ 32 32 230792155 Panel Rules in Favor of VGW.com Owner in Reverse Hijacking Case https://kenowizard.com/2023/09/20/panel-rules-in-favor-of-vgw-com-owner-in-reverse-hijacking-case/ https://kenowizard.com/2023/09/20/panel-rules-in-favor-of-vgw-com-owner-in-reverse-hijacking-case/#respond Wed, 20 Sep 2023 08:02:57 +0000 https://kenowizard.com/2023/09/20/panel-rules-in-favor-of-vgw-com-owner-in-reverse-hijacking-case/ In a recent decision, a World Intellectual Property Organization (WIPO) panelist has found that VGW Holdings Limited, an Australian online gambling company, attempted reverse domain name hijacking by filing a complaint against the owner of vgw.com who is a Republic of Korea resident.  VGW Holdings Limited has been operating its website, vgw.co, since 2010, offering [...]

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In a recent decision, a World Intellectual Property Organization (WIPO) panelist has found that VGW Holdings Limited, an Australian online gambling company, attempted reverse domain name hijacking by filing a complaint against the owner of vgw.com who is a Republic of Korea resident. 

VGW Holdings Limited has been operating its website, vgw.co, since 2010, offering online casino-style gaming services through its various brands such as Chumba Casino, Global Poker and Luckyland Slots. The company holds several trademark registrations for the VGW mark in various countries, demonstrating its commitment to protecting its brand identity.

However, the WIPO panelist, Kathryn Lee, ruled in favor of the domain owner, Hyundoo Shin, a Republic of Korea resident, who registered vgw.com in 2002, long before VGW Holdings Limited even came into existence. This critical timeline difference played a pivotal role in the panelist’s decision.

Lee emphasized that since the disputed domain name predates VGW Holdings’s trademark rights and formation, it would have been impossible for Shin to have registered the domain name with the intention of targeting VGW Holdings Limited and its mark. 

Panelist Lee Condemns Attempted Reverse Domain Hijacking in Landmark Decision

Panelist Lee wrote in the Administrative panel decision document: “The Complainant should surely have known that the Complaint could not succeed based on these facts, and proceeding with this Complaint can only be viewed as an attempt to deprive a registered domain-name holder of a domain name.”

This fact led the panelist to conclude that the complaint was brought in bad faith, with an attempt at reverse domain name hijacking, constituting an abuse of the administrative proceeding.

The case highlights the importance of considering the registration date of a domain name in intellectual property disputes. In this instance, VGW Holdings Limited failed to demonstrate that the respondent, Hyundoo Shin, registered the domain name in bad faith due to the significant time gap between registration and the company’s establishment.

Furthermore, the panelist’s decision underscores the potential consequences for complainants who attempt reverse domain name hijacking. Reverse domain name hijacking occurs when a complainant files a dispute knowing that they cannot prove bad faith registration or use of the domain name by the owner. Such attempts can result in a finding of reverse domain name hijacking, as seen in this case.

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Golden Rock Global Hints at Reverse Takeover Plans with 2mee https://kenowizard.com/2023/08/23/golden-rock-global-hints-at-reverse-takeover-plans-with-2mee/ https://kenowizard.com/2023/08/23/golden-rock-global-hints-at-reverse-takeover-plans-with-2mee/#respond Wed, 23 Aug 2023 23:28:55 +0000 https://kenowizard.com/2023/08/23/golden-rock-global-hints-at-reverse-takeover-plans-with-2mee/ 2Mee Limited is a company that specializes in the development of next-generation omnichannel communication by delivering messages from influencers on-screen and via applications. Such messages stand out with personalization and customization options, allowing for humanized messaging over the internet and helping brands engage with their audiences via an innovative method. The company anticipates further growth [...]

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2Mee Limited is a company that specializes in the development of next-generation omnichannel communication by delivering messages from influencers on-screen and via applications. Such messages stand out with personalization and customization options, allowing for humanized messaging over the internet and helping brands engage with their audiences via an innovative method.

The company anticipates further growth and expansion, which may be achieved via a reverse takeover. Golden Rock Global (GCG), an acquisition vehicle that explores emerging opportunities within the fin-tech vertical, revealed recently that it has signed a head-of-terms agreement with 2mee shareholders. The proposed acquisition involves the entire share of capital of 2mee.

Despite the head of terms agreement, the acquisition is subject to the relevant financial due diligence and legal approvals. Still, GCG explained that it anticipates the acquisition to be in the region of £6 million ($7.6 million) and £8 million ($10.1 million). Judging by a statement released by the company, if the process gains further traction, the consideration is expected to be satisfied with new GCG shares. Still, the company confirmed that the final price tag of the takeover is yet to be determined and approved.

2mee Anticipates Significant Growth and Expansion

The process, known as a reverse takeover, is expected to propel 2mee’s growth. The company confirmed that it anticipates scaling up its operations and expanding its reach at the same time. 2mee said that this process may involve the hiring of new specialists and retaining talent, along with the development of technology that caters to leading iGaming operators.

Ross Andrews, GCG’s chairman confirmed that the company is thrilled to collaborate with 2mee. He spoke about the growing global market of influencers that continues to expand. Finally, Andrews highlighted 2mee’s innovative technology that helps capitalize on this growing market and continues to grow.

In Golden Rock Global, we have a group of people that understand the power and capabilities of our technology and how it can change the game for businesses across many sectors when it comes to acquiring and retaining customers.

James Riley, CEO of 2mee

James Riley, 2mee’s CEO, revealed that online gambling brands can benefit from the company’s technology that delivers options for personalization. According to him, 2mee’s technology can help iGaming companies stand out from the competition and impact “consumer behavior at the crucial moment of decision.”

The CEO of 2mee added that it identified GCG as a company that sees the potential of this new technology and the positive impact it can have on player engagement and retention. Finally, Riley said that 2mee is looking forward to its next level of growth through collaboration with GCG.

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