August 8th, 2010 / No Comments » / by admin
Barney Frank is the man behind the bill in front of Capitol Hill to legalize Online gambling for USA Online Casinos and USA Online Poker. It was his goal, as he says, to get the bill passed as a “stand alone bill” with the contingency plan of it being an attachment to that of another piece of legislation.
The Bill cleared the first hurdle on Capitol Hill, but Frank admitted that many more steps needed to be taken before the the implementation of the bill would be realized, if at all.
Now, Franks believes that the better path for the bill may be to put it as an attachment.
Poker Players Alliance Executive Director John Pappas agrees with Frank that the bill as an attachment “makes a lot more sense”
“There will be some opportunity to move legislation between the election and the new year,” remarked Pappas in an interview with Card Player. “In an ideal world, we get something done before the election. But the next opportunity after that is the lame-duck session.”
In the interview, Pappas discussed the potential impact the bill could have on those who play online poker and at online casinos.
“I think it’s a huge momentum boost for the issue. I think that what it demonstrates is that the old way of thinking in Congress has changed. If you look back at 2006, when the House actually voted on an Internet [gaming] prohibition bill, not the UIGEA but a similar bill, it passed by a 5-1 margin.”
Pappas is worried however about the potential amendments that could be added to the bill that would curve its original intent. Online Gambling is a topic for which many people have stark opinions on and believe that it should be allowed or outlawed.
Both Frank and Pappas are committed to seeing that the bill makes it way and changes the that the Online Gambling industry operates in the United States.
Posted in: Casino News
August 6th, 2010 / No Comments » / by admin
Speaking to journalists in a post-financial results conference Friday, Party Gaming CEO Jim Ryan addressed the question of obstacles to his company’s re-entry to the US market, assuming that market is legalised.
The main hurdle – a multi-million dollar settlement with the US Department of Justice over pre-UIGEA activity – has already been overcome but the status of founders and significant shareholders Russ De Leon and Ruth Parasol has been raised in the wake of the merger agreement between Party Gaming and Bwin last week.
The husband and wife team that founded Party Gaming with IT whiz Dikshit Anurag has not followed in Anurag’s footsteps in admitting guilt and paying a large fine for alleged US illegal activity.
Ryan pointed out that the company has reached agreement with the duo in the event that their stance presents a problem to the company in regard to re-entering the United States market. He noted that the merger agreement with Bwin had included a provision that if a shareholder presented a problem regarding a licensing application, the company could require that shareholder to liquidate their equity in the company.
“There have always been questions about Party Gaming and our position in this regard,” said Ryan. “But we have now closed the loop and I think we are very well positioned.”
Ryan went on to sound an optimistic note on the future of the online US gambling market, noting that legislative moves were looking promising, and pointing to the advantages that a legalised market could bring to US tax coffers, land-based gambling groups, the players themselves and online gambling groups that were able to meet the regulatory requirements that will be imposed if the market is legalised.
He noted catalysts for change in the US such as the efforts of Harrah’s and GTech, whose pursuit of the possibility of a legalised market has spurred other land entities to explore possible routes to online action and partnerships that could prove useful. He also observed that Party Gaming’s acquisition of the World Poker Tour has led to negotiations with a significant number of US land corporates on running WPT events, opening doors for wider discussions on US market opportunities.
Posted in: Casino News
August 4th, 2010 / No Comments » / by admin
Boasting that it is the first major online casino group to do so, 888.com has launched a ‘groundbreaking’ new 3D instant casino. A company spokesman claimed this week that the new development brings players even closer to the action on a social, stylish and interactive gaming platform, which further enhances the gaming categories at 888casino with 3D versions of blackjack, roulette and high roller rooms.
The new offering can be played without downloading, and allows players to customise their gaming experience. Players logging on for the first time can create their personal avatars based on their mood, preferences or personal tastes. The ability to see and interact with other players’ avatars also gives the site a strong social gaming aspect. 888 Staff avatars, distinguished by their uniforms and 888 badges, are on hand to help.
888′s 3D casino was designed and developed by London-based Digital Strip Limited, a high-tech company providing innovative 3D software to the online gaming, retail and sports sectors.
Itai Pazner, COO of 888.com, said: “We are excited about this innovative project. 888.com has always been an online gaming pioneer, and this offering revolutionises the way that people can play online. The release of the 3D casino brings players into a real-life gaming experience, with customisable avatars adding both personality and depth to further enhance our players’ overall gaming experience.”
Posted in: Casino News
August 2nd, 2010 / No Comments » / by admin
The Calgary, Canada-based online gambling software provider Chartwell Technology has issued a corporate update warning that its license agreement with giant operator Betfair will come to an end on August 31, 2010.
The update notes that Betfair has been a very significant Chartwell licensee for the past four years, but that new deals with Casinos Austria, Centrebet Ltd, and most recently Globet International Sports Betting Limited will take up some of the slack caused by the Betfair withdrawal.
“In addition to these new licensees Chartwell has numerous new sales opportunities in the pipeline and anticipates announcing several more new customers by year-end,” the statement advises investors and interested parties. “The company is confident that current momentum of new business expected this year should allow us to replace the revenue lost from Betfair,” the statement noted.
Betfair announced early in June that it would be switching to Playtech poker, casino and bingo products.
“We have enjoyed a very good relationship with Betfair and what we have learned through that association will certainly benefit us going forward”, Darold H. Parken, CEO of Chartwell Technology Inc. said this week. “We wish them continued success and we have every intention of working with them again in the future should the opportunity arise.”
“Chartwell has been a very good business partner to Betfair”, stated Steve Ives, managing director of Betfair Games. “This was a difficult decision for us as we hold Chartwell, its products and its people in very high regard.”
Posted in: Casino News
July 31st, 2010 / No Comments » / by admin
A familiar face graced the New England Patriots’ practice field Sunday morning, only this time Wes Welker was sporting a knee brace. The New England Patriots are looking for revenge in the 2010 season after losing in the first round of the playoffs to the Baltimore Ravens. 2010 NFL betting trends have the Patriots favored to return to the playoffs.
Fans on hand applauded Welker’s arrival, and he immediately participated in agility and individual drills at full speed. When the team broke for 11 on 11 drills, Welker stayed on the opposite side of the field working with strength and conditioning coaches.
No contact drills were a part of Welker’s training Sunday. Instead, he caught passes from quarterback Tom Brady, and practiced a varitey of routes. He worked on jamming off the line of scrimmage before running through cones in a speed drill.
“We’re not there yet, but every day we’re getting a little closer,” Welker said after the practice. “Slowly but surely, we’re making progress.”
The Patriots are scheduled to meet the impressive wide receiver tandem of Chad Ochocino and Terrell Owens in Week 1 of the upcoming season. Owens went to the Cincinnati Bengals in hopes of winning his first Super Bowl. 2010 NFL betting odds have set the Patriots as 5 1/2 point favorites against the Bengals.
When asked if he would be ready for the season opener, Welker remained positive that he would be on the field. He said the decision would ultimately be left up to doctors.
“Obviously, I’d like to be, but that’s up to the coaches and doctors,” he said. “We’ll put it in their hands and see what they have to say about it.”
Welker can no longer be placed on the PUP list after being taken off Sunday. The receiver says he is not concerned with his knee holding up during camp.
“It’s feeling good so far. We’re trying to get that muscle memory back of making those quick moves and get that stuff back.”
Nick Caserio, the Patriots director of player personnel, praised his wide receiver for continuing to show dedication to his craft on the field.
“He works hard, he’s committed to football. … Wes is a unique guy, there is no question about it,” Caserio said. “It’s a tribute to him and his work ethic and competitiveness and toughness to get back on the field.”
The fourth day of Patriots mandatory camp will contain two practices in the morning and afternoon. Welker has missed several padded practices this offseason, but has worked out independently to get in shape.
Pre-season Super Bowl XLV lines have set the Patriots among the underdogs to win the game at +1200 odds.
Posted in: Casino News
July 29th, 2010 / No Comments » / by admin
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Posted in: Casino News
July 27th, 2010 / No Comments » / by admin
When MTV first launched in 1981, it was a station devoted to playing music videos by hot and up-and-coming artists. Then the station, whose acronym used to mean Music Television, became nothing but a mindless pop culture channel, more likely to have a show about annoying teenagers or a dating show than actually have any music. Now they are evolving again, as the network enters the online gambling market.
Though they started in the U.S., MTV is now global. The UK and Ireland branches of the network now have signed a deal with 888.com to bring an MTV-brand online casino to the people. The deal is a clear move to attract a younger audience to the online gambling market, since people of a certain age would once do anything that MTV says is cool. Therefore, 888 is hoping to use MTV’s influence to bring youth to a new site to play online bingo.
Yes, you read that correctly. They are tapping MTV’s influence on younger demographics for an online bingo site. What, no pinochle? An MTV online poker room sounds like a great marketing idea, but to me MTV doesn’t really scream bingo. I can picture the old, cool MTV trashing a bingo hall. I can see Dan Cortese or Adam Sandler wrecking a bingo hall and tearing up the place, making fun of everyone there. Somehow I can’t imagine Daisy Fuentes standing by a pool in Cancun telling the Spring Breakers that once they check into their hotel room for the night, they should log onto an online bingo site.
I know that MTV lost their edge a long time ago and they lost most people’s respect when their lone music video show, TRL, played only parts of songs while fans talked over them by giving shout-outs. Still, it hurts me to see MTV like this. I realize that it’s been a long time since anyone has said “I want my MTV,” but are they so out of it that they’re sponsoring bingo?
To be fair, bingo is more popular among young crowds than it once was, especially online bingo. The online casino is trying to increase that trend, bringing more youth to the game. It’s a risky move, though. Selling a cooler game, like poker or blackjack, would be an easier trick for them and MTV.
The MTV online bingo website will launch in August and will be promoted on MTV’s channels and websites in the UK and Ireland. If this had happened 20 years ago, you could almost guarantee success, but today when MTV does something, does anyone really care? I doubt it, but maybe if the bingo hall offers “money for nothing and chicks for free” we can have this discussion again.
Posted in: Casino News
July 8th, 2010 / No Comments » / by admin
European based iGaming software provider CTXM and poker service Cake Network continue to expand their partnership, with CTXM’s online casino software suite and Cake’s poker network now launched on ComeOn.com.
Ralph Murphy, ComeOn.com Country Director UK noted: “Entering a relatively mature market, we have worked hard to produce a cutting edge gaming experience for our players. We are confident that our uniquely positioned brand, “Come On”, will appeal to players and that our domain name is indicative of the “Come On” moments that stimulate people to play Casino, Poker and Sports games in the first place.”
CTXM’s online casino suite will provide a range of casino games including table games, card games, video slots, video poker, soft games and mini-games to players of ComeOn.com. “We have looked hard at the industry standards and built a flexible platform at ComeOn to provide players with what they want. We offer players the ability to play up to 5 casino games simultaneously in different windows, much admired by video slot players. We have also created a central balance that is updated in real time as players place bets, with their bonus allocations being updated in real time accordingly. This gives the player an unprecedented gaming experience and total transparency of their bankrolls, which we believe is of paramount importance,” says Ralph Murphy. “Convenience and ability to increase player retention is CTXM’s priority when facing applications development,”adds Udy Yosha, CEO of CTXM.
ComeOn.com is connected to the Cake poker network, presently the fastest growing poker network online. “ComeOn chose this poker network to give our players the opportunity to play against a worldwide player base, from the security of ComeOn, which operates under strict European standards,” adds Mr. Murphy. “This gives ComeOn’s players the best of both worlds, with the added security of having locally based support and local payment methods.”
“The Cake Network is excited to welcome ComeOn.com and its players to the network. The ComeOn.com brand is well positioned to grow based on the strength and experience of the management team behind the opperation” said Andrew Turner of the Cake Network. Additionally, all games are seamlessly integrated, meaning that a player does not need to make separate transfers from a central balance to the casino or poker sections of the site. “We recognized that separate transfers are frequently seen as an inconvenience by players on other gaming sites and we believe we are amongst the first to offer this,” Mr. Murphy comments.
“We are pleased to strengthen our partnership with Cake Network, through the integration of the poker application to ComeOn.com,” summarizes Udy Yosha. “We believe our partnership with ComeOn.com to be very promising – though ComeOn.com is new to the market, it includes a team of first rate professionals with many years of experience in iGaming.”
About ComeOn.com
ComeOn.com is the brand created by Come On Europe Ltd, located in Malta. Come On Europe Ltd is a new e-gaming company, involving 17 experienced people from various countries and divisions of the gaming industry. ComeOn.com currently provides casino and poker based products to its players and plans to add a sports section with live betting by the end of 2010. ComeOn is licensed in both Malta and Curacao.
About Cake Network:
Cake Network caters to a select group of partners; ones that uphold its company values and require a more tailored service rather than a standard “off the shelf” solution. Whether partners are looking to add poker to an existing site or upgrade their current poker offering, the Cake Network positions them to succeed by providing a wide range of customizable services and solutions. Partner success is ensured by the Cake Network’s flexibility, liquidity and integrity. Cake’s philosophy towards partnership is simple: offer world class solutions to world class partners.
About CTXM:
CTXM is the leading developer of innovative and efficient turnkey solutions, including gaming foundation platforms, casino and fixed-odds games, turnkey gaming and payments solutions. CTXM carries out projects for the leading operators in the iGaming and e-Gambling industries and partners with successful game publishers and IP owners. Since 2004, CTXM has developed over 100 gaming applications, 20 titles for PC, XBOX Live and iPhone and has co-published over 100 casual game titles in Central and Eastern Europe. More information: www.ctxm.com
Posted in: Casino News
Tags: Poker
July 8th, 2010 / No Comments » / by admin
The 2010 World Cup has been a massive success for bookmakers both online and local. A whopping £10bn has been wagered on the tournament across the globe.
Bookmaker Hilton Hasson told the South Africa Times: “Although I had expected the World Cup to dwarf any other event in the country … it has been phenomenal.”
Hasson, who runs gambling operation MBet, said most of the huge number of bets placed this week on the final ranged between R5000 and R20000.
South African bookmakers said their associates in Britain alone handled more than £3-billion.
The UK’s three largest bookmakers, Ladbrokes, William Hill and Paddy Power, this week estimated that each had handled more than £1-billion – with most of the money going on European champions Spain.
The amount spent on betting on the Football World Cup may turn out to be the highest ever in the UK, with bets on the Spain-Holland final alone expected to total around 50 million pounds.
A bookmaker has said they expect bets totalling 50 million pounds to be placed on Sunday’s final between Spain and Holland.
“We are saying Spain is the red hot favourites at 4-7 with Holland 6-4. In terms of profits, it’s been fantastic, but in terms of a turnover, slightly less than expected because of the freak results. Having said that it’s still 1 billion pounds. The final will be massive,” said Rupert Adams of William Hill.
Aaron Goldstein, Gambling911.com
Posted in: Casino News
Tags: Gambling
July 3rd, 2010 / 1 Comment » / by admin
Perhaps the biggest bet placed on the semi-final game between Germany and Spain had €500,000 riding on Spain to win.
The bookmakers at William Hill were most certainly happy with the outcome, a Germany win.
A William Hill spokesman told Bettingpro.com prior to the game:
“There has never been a bigger World Cup bet placed and it follows a number of other hefty wagers on the Germans to win the tournament, including 80,000 euros at 14/1 and 100,000 euros at 13/2, and another 75,000 euros for them to reach the final. We don’t much mind who wins the World Cup at this stage – as long as it isn’t Germany.
“Mind you, Spain haven’t exactly been unbacked and we have bets of £50,000, £25,000 and two of £10,000 each on them to win the tournament.”
Spain will now meet The Netherlands in this Sunday’s World Cup final.
Ean Lamb, Gambling911.com
Posted in: Casino News
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