(Items published at 1257 BST and 0756 BST on March 31 incorrectly stated the terms of the agreement. The correct version follows.)
LONDON (Alliance News) - Blue Star Capital PLC Monday said investee Oak Media Ltd has signed a supply agreement with Nextan (Gibraltar) Ltd.
Under the agreement, Nektan will supply OAK with white label real money gaming services for the UK market.
The contract was signed after Oak was given regulatory approval from the gambling division of the government of Gibraltar, according to Blue Star.
"Oak is an important investment for Blue Star so we are delighted they have teamed up with one of the leading players in new gaming products and systems. Nektan is an ideal partner for OAK given the strength of its management team and product portfolio," Blue Star Chairman Graham Parr said in a statement.
Blue Star shares were Tuesday quoted at 0.575 pence, untraded.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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Blue Star (BLU)