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Welcome to Bet Sage's
Online Gambling News Section, featuring the latest breaking
gambling industry news courtesy of
InfoPowa
News. This is your
one stop source for all
and any of the latest
developments concerning
all aspects of the
Online Gambling
Industry. InfoPowa News
headed up by senior
partner Brian Cullingworth
are recognised as one of
the leading and most
respected independent
gambling news services
in the online gambling
industry.
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NOVEMBER 2007 : HEADLINES |
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Latest blog boasts suggests so
Bodog founder Calvin Ayre continued his blog war of words against 1st Technology this week, building on his earlier challenge to 1stTech CEO Dr. Scott Lewis to a boxing duel (see previous InfoPowa reports)
Ayre dismisses the 1st Technology threat to initiate a bench warrant if Ayre does not present himself before a Las Vegas court next month in the patent tussle that has resulted in Bodog being slapped with a $49 million default judgement and losing control of its domains.
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Why didn't management react to reported flaw following an upgrade?
Absolute Poker spokesmen continued to feed selective details of the cheating debacle to chosen information portals as the week drew to a close, claiming that a software update identified as Version 8.0 and released in August this year contained unspecified flaws despite "...months of coding and design enhancements."
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Publicity company exposes failure to pay for its services
Whilst it's rarely smart to leave your suppliers unpaid, when those suppliers happen to be in the publicity business there's also the danger that the non-payment will be publicly exposed.
Adding to its woes, Absolute Poker's alleged failure to pay its publicity bill suffered just such a fate when Publicity Guaranteed, which claims to have provided publicity of the good sort to the online poker company but was not fully paid, went public.
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Incommunicado and reportedly in Canada
One of Absolute Poker's principal outlets for 'unofficial' company statements, the gambling information portal 911, has come out openly in identifying allegedly terminated employee AJ Green aka Alan John Grimard, describing him as: "The culprit in a notorious Absolute Poker 'internal cheating' scandal" and carrying his photograph on its website.
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Barney Frank's proposal now has 40 co-sponsors
Claims that Virginia Congressman Jim Moran has signed up as a co-sponsor for Barney Frank's HR 2046 Internet Gambling Regulation and Enforcement Act (see previous InfoPowa reports) have now been confirmed.
The Democrat from Virginia joined the IGREA roll of political support last Thursday.
Now in his ninth term in the House, Moran's voting record shows that previously he has opposed online gambling, voting in 2003 to pass a ban on Internet gambling using a credit card. Late last year he was one of the many 'yes' votes that pushed the unpopular Unlawful Internet Gambling Enforcement Act through Congress in an infamous midnight session on the brink of a recess, attached to an unrelated security bill.
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American withdrawal from WTO commitments could be costly
The chief executive of the UK-based Remote Gaming Association, Clive Hawkswood has come out with a strong recommendation to European Union trade commissioner Peter Mandelson to push hard for solid compensation from the United States following its withdrawal of its World Trade Organisation treaty obligations concerning gambling.
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Nylander remains confined to Holland but not in detention
Hopes that Petter Nylander, the CEO of Unibet arrested on a French European warrant at Schipol Airport last week, would be able to travel to France and secure his release immediately after the weekend have been dashed by the news that he will now not appear before the French judge who issued the warrant until Wednesday.
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French gaming monopoly hypocritical in explaining its involvement in Nylander arrest
With Unibet CEO Petter Nylander due to appear before a French judge today (Wednesday) following his arrest at Schipol airport last week, an official of the online gambling company came out with guns blazing against the actions of French gambling monopoly Francaise des Jeux, which instigated the circumstances leading to Nylander's arrest.
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Nylander freed on Euro 200 000 - may have to return for further examination
Petter Nylander, the CEO of online gambling group Unibet detained at Schipol airport last week on a French-inspired European arrest warrant is free - but he may be called back to France for further investigations, and it is at the cost of Euro 200 000 bail.
Nylander was transported from Holland to Nanterre in France after telling the Dutch authorities he had no problem with the extradition. He was subsequently released on bail after a late evening appearance before a French judge, and after being informed that he may be required to return to France to face charges of illegal gambling operations and advertising under French protectionist laws. If convicted, the penalty could be three years jail time.
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Move to Malta has meant significant savings
Online gambling group Unibet had some good news to impart this week with its third quarter 2007 results, which showed a 22.6 percent rise in after tax profits to GBP 6.5 million on the back of increased revenues of GBP 20.2 million. However, pre-tax the numbers reflected a dip to GBP 6.9 million from GBP 7.5 million in the corresponding period last year.
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Package 9 includes enhancements to baccarat, craps and US Roulette, and the new new Chain Reactors
Online gambling turnkey provider Orbis Openbet has released its latest tranche of new games featuring a variety of OpenBet Casino and OpenBet Fixed Odds games.
The �package 9� offering includes enhancements to games such as baccarat, craps and US Roulette. It also features a new Chain Reactors offering, a fixed-odds game where players have to match five or more consecutive characters in a cluster to win cash payouts.
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Aces Royal follows a successful path
Following on the successful path blazed by its mobile Texas Hold 'Em, and prompted by player demand, mobile gambling operator Aces Royal has launched a new No Limit Texas Hold �Em designed to appeal to mobile-only players.
CEO at the company's parent Cecure Gaming, Peter Karsten, expects big things from the new release, saying: �Since we launched Aces Royal Texas hold�em in January 2007, many of our players have asked when a no limit version would be available. Whatever poker strategy you follow, poker players across the country can now enjoy the thrills of a Las Vegas card room from wherever they are.�
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Hard on the heels of the white label spread-betting deal, execs make some big money
London Capital directors Frank Chapman, Simon Denham and Rachel Woodford have sold off some of their shares in the company following the announcement of a white label spread-betting deal with online gambling giant Betfair (see previous InfoPowa report).
In an apparent response to institutional demand, CEO Frank Chapman sold 740 000 shares at 380p, netting a total of GBP 2.8 million. Simon Denham, the COO and marketing and sales director Rachel Woodford followed suit, each disposing of 500 000 shares at the same price for a total return of GBP 1.9 million apiece.
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50 Flash-based games from Playtech launched
Mansion.com has added over 50 of Playtech's Flash Casino games to complement the downloadable version at the gambling group's online casino.
Mansion.com's Instant Play Casino games add a no-download dimension to its existing casino download games, catering for those online Casino players who prefer a quick response to their gaming needs accessed anywhere, anytime.
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Absolute Poker sister site uses different software platform
Undeterred by the crisis its sister poker company Absolute Poker is currently facing following charges of cheating through flaws in a software upgrade, Ultimate Poker has launched its own software upgrade. The site uses a different software to that deployed by its stable-mate.
The upgrade brings to the table a host of new online poker features designed to significantly enhance the overall experience for the poker playing community. Spokesman George MacLean described the upgrade as "ground-breaking" with new features that include:
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Billionth hand should be dealt toward end of November
Bodog Poker is on target to deal its one-billionth hand by the end of November, and to celebrate the milestone, the online poker site is gearing up to offer cash and tournament credits to its players.
"We owe it all to our players for helping us reach our one-billionth hand, and we're saying thanks this November by giving away cash daily as well as tournament credits that players can parlay into a chance at winning thousands, even millions," said Calvin Ayre, Bodog's founder.
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Betfair Casino Zero Lounge offers GBP 1 minimum stake
Betfair's revolutionary Casino Zero Lounge, which offers "no house edge" gambling on four popular games has opened its virtual doors to smaller stakes punters. The minimum stake in the Zero Lounge has been decreased by from GBP 5 to GBP 1 to make the concept more widely available.
Betfair Zero Roulette removes the zero from the roulette wheel to create no house advantage. Betfair also changed the rules of Baccarat, BlackJack and Jacks or Better in the Zero Lounge to create zero house edge gaming.
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Play your way to the Bahamas is the name of the game
The Microgaming-powered online poker room 32Red.com is currently offering players the chance to play their way to the Bahamas and the new WPT Bootcamp competition...and probably get in a little R&R at the same time.
The lucky winners of the site's latest promo will be flown to the Bahamas for a week of top poker schooling from the game's leading professionals, play in tournaments, attend swish Veep parties, and have the opportunity to win a slice of a combined prizepool of GBP 210 000 in competition money whilst there.
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Monsters, Aussies, Penguins, Deuces Wild Poker and a pub fruitie in new games for October
The customary monthly arrival of new online games from Microgaming includes five instead of the usual four releases in October, covering slots, VP and even a 'pub fruitie' game that gives players the chance to win through interactive skill.
In keeping with the Halloween season, the flagship game in the releases is Boogie Monsters, a colourful new 40 pay-line, 5 reel video slot with multiple reward opportunities. Players can mix it up with a rock �n roll witch, whacky werewolf, garish ghouls and a host of other zany characters in a slot that delivers spine-chilling sounds, a second screen bonus game, generous free spins and for the fortunate significant rewards.
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UK gaming companies slow to meet RITG pledges
If UK gambling companies do not meet their pledges to donate GBP 4 million towards containing problem and underage gambling through the Responsibility in Gambling Trust, they could be faced with levies warned a top gambling executive over the weekend.
Neil Goulden, CEO of Gala Coral group told the Timesonline that the industry's failure to meet voluntary pledges will likely result in it facing a statutory government levy.
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Australias New South Wales government considering a license
Online betting exchange firm Betfair could soon have an operating license for Internet gambling in the state of New South Wales, according to widespread reports in the Australian media Sunday.
The New South Wales government is apparently in discussions with the online gambling company's Aussie operations, which are half owned by James Packer's PBL company and already have a licence to operate in Tasmania.
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Aussie horseracing brass resents lack of consultation
The news that online gambling group Betfair is in discussions with the New South Wales state government on an operating license (see previous InfoPowa report) has evoked a strong reaction from the NSW horseracing industry.
Racing NSW chief executive Peter V'Landys has been sharply critical of the state Premier's office over reports that it plans to award betting exchange Betfair an operating licence, according to widespread reports in the Australian media.
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Whilst Racing NSW worries about betting exchange's license application, Tasmania says it's a good thing
The controversial news that online betting exchange Betfair is in negotiations with the New South Wales state government for an operational gambling license upset the state's horseracing fraternity (see previous InfoPowa report) but can bring real benefits according to the Tasmanian Thoroughbred Racing Council. Betfair already holds a Tasmanian license.
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In a matter of months, you're going to see billions of dollars in trade sanctions coming down against the United States
The New York Post gave prominence this week to the visit by delegates from the Poker Players' Alliance to Washington to educate US politicians on the benefits of regulating online poker, publishing an interview with chairman Senator Alphonse D'Amato.
The article commented that despite daunting odds of reversing the effects of the Unlawful Internet Gambling Enforcement Act, one wild card could force Washington's hand: an international trade dispute with Antigua over online gambling that could end up leaving the U.S. on the hook for billions of dollars.
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Full-service Spanish support now available
Online gaming and entertainment group Bodog Entertainment has introduced new services for Latino consumers this week, including a full-service customer service line in Spanish and plans to have a fully-functioning Spanish-language gaming site soon.
Bodog Entertainment's CEO and President, Calvin Ayre said: "We are excited to expand our service to include in-language customer service to our Latino customers. We value their business, and I am sure that our world-renowned service will exceed each caller's expectations on every single call."
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WTO negotiations may not be going as well as the USTR believes
The World Trade Organisation compensation row between the United States and several nations, notably the European Union, looks set to widen following reports from Reuters news agency this week that EU companies may be impatient with delays in reaching a fair compensation package.
Reports earlier this week that the October 22 deadline for a resolution has been extended to December 14 will have done little to cool things down.
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Fifty percent increase in latest online poker tournament guarantee
Settling into its new home on the Ongame Network, the online poker division of Gibraltar-based Mansion gambling group showed that it means business this week by boosting the coming weekend's Grand Tournament guaranteed prize pool 50 percent to $300 000.
The Grand Tournament, run as a 'Heat Tournament', offers a unique player-friendly format with two starting heats, or flights, simulating the same slow tournament structure favoured in many major offline events, including the World Series of Poker.
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High hopes for sequel to WPT Texas Hold 'Em
Gaming software developer Hands-On Mobile, Inc. and WPT Enterprises, Inc. have launched a sequel to the popular mobile multiplayer poker game WPT Texas Hold 'Em.
Billed as 'the most advanced mobile game in the world today,' WPT Texas Hold 'Em 2 brings more to the table than ever before, the developers claim. Revolutionary new features include unprecedented web-to-wireless multiplayer, the ability to create private tables and games, and extraordinary customisation and communication tools. The game is available on mobile phones worldwide, including RIM and Windows Mobile devices.
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Ten arrests in police action over 12 Taipei locations
Taiwan's Criminal Investigation Bureau's cops were active again this week in anti- online gambling operations, raiding 12 locations across central Taiwan and arresting an alleged online gambling ring leader and nine accomplices.
A spokesman for the CIB said that police raided locations in Taipei, Taichung and the counties of Taichung and Changhua after receiving tips that the ring was operating three unidentified Internet gambling Web sites and an underground gambling outlet that used sports match results and the ups and downs of indices for futures as the bases for winning or losing.
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Casino City has a helpful new directory for an increasingly confusing sector
The Unlawful Internet Gambling Enforcement Act in the United States has ensured that the online financial payment sector has become a confusing minefield for players and affiliates, so a new directory launched this week by publishing group Casino City will be especially welcome.
The new directory lists 142 online gambling payment methods on the Online.CasinoCity.com Web site, describing each payment method available at online gambling sites and ranking these in popularity order based on the amount of web traffic received by the gaming sites that use the method.
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Record GBP 141 271 jackpot win on Strike It Lucky game
The Strike It Lucky game launched by Jackpot Joy.com in September last year has made another player wealthy, setting a new GBP 141 271 payout record for the game, shattering the previous high of GBP 91 822 taken down in July this year.
Lucky and happy player MarcC said: "I'm just shocked. I've been celebrating over the weekend. It was total shock really. I had to ring and make sure that I had won. My girlfriend didn't believe me at first. I've told her and my family but not my workmates yet".
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Sportsbet firm reports third quarter profit
Sportsbetting company Bet24.com, which last year reported a third quarter loss of Euro 814 000, turned things around with the release of third quarter results this week showing a profit of Euro 206 500.
The Malta licensed company withdrew from several market regions during the year to focus on Eastern European and Scandinavian markets, and the strategy appears to have paid off.
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Poker ambassadors gave politicians something to think about
The Poker Players' Alliance three day Washington education project last week looks to have been successful, giving politicians another perspective on Internet poker and garnering significant media coverage for the 800 000 member poker lobbying and pressure group.
One of the PPA members who met with Congress posted on 2+2 Forums that Representative Jim Moran of Virginia has agreed to cosponsor HR 2046 (Barney Frank's proposal to regulate online gambling) and this was confirmed this week.
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What's Cooking and Bonus Bears debut
Online gambling software developer and turnkey provider Playtech has released two new video slot games to its licensees, making use of graphics, animations and new features designed to enhance the player experience and give the offerings a longer life-cycle.
Bonus Bears and What's Cooking join a growing games inventory that the provider now offers to its licensees. Bonus Bears is a 25-line video slots game based on an Alpine picnic theme that features two bonus rounds - a Free Spins round in which winnings are tripled and a graphically rich bonus round where winnings are collected as the bear climbs a tree chosen by the player.
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Judge Cooper's decision could have a major impact on the UIGEA
Online gambling industry observers will be on the lookout in the coming week for a decision by the US District Court in Trenton, New Jersey that could allow the Unlawful Internet Gambling Enforcement Act to be challenged in court by the Interactive Media Entertainment and Gaming Association, a pressure group formed to protect the freedoms of the Internet.
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Gold Rally coughs up a fortune
Although it is still too early for full details to be available, it is clear that Playtech's Gold Rally progressive jackpot, standing at a substantial $2 704 972, has been won within the last 24 hours.
The jackpot now stands at $88 360 (as at Sunday morning.) Gold Rally grows by roughly $40 000 every day, so theoretically the jackpot should be back above $1 million again in about a month.
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Rake site advertising verboten
Playtech's iPoker network seems to be applying restrictions on rake-back marketing involving its affiliates, judging by a recent email to affiliate marketers.
The communication reminds iPoker affiliates that in terms of clause 1 of the iPoker network policy, member cardrooms are not allowed to advertise their sites in "rake-back oriented" affiliate sites.
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Guaranteed prize pools to be raised
The cold winter weather may be drawing in for Northern hemisphere poker fans, but at CelebPoker the tournament action is about to warm up consierably, according to the company, which has just announced that all prize pools for guaranteed online tournaments have been raised.
In order to provide players with the best in online poker playing experiences, CelebPoker has introduced a new and improved guaranteed tournament structure.
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Spreadbetting deal exends Betfair expertise to London financial company
Frank Chapman, CEO of London Capital Group Holdings plc a financial services and online spread betting company, has announced that it has reached an agreement with online gambling group Betfair to provide it with a white label spread betting product.
Betfair is the world's pioneering online betting exchange. Driven by cutting-edge technology, Betfair enables its customers to choose their own odds and bet against each other, even after an event has started. Betfair processes five million transactions a day and more than 300 bets a second.
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Main event winner will take home over $600 000
Poker aces, and those who want to compete against them, are gearing up for the biggest poker tournament on the British Columbia calendar, which takes place for the third consecutive year at the River Rock Casino between November 18-25.
The B.C. Poker Championships is organised by the British Columbia Lottery Corporation and has a $2 500 buy-in which has made it a popular pro tournament. Last year some 784 hopefuls started out before David Ross White from Abbotsford, B.C. finally truimphed.
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Someone is buying out shareholders
German online lottery company Tipp24 has perhaps been too successful for its own good recently - reports are surfacing that an as yet unidentified company is attempting to buy up its stock.
A shareholder in Tipp 24, Earlybird Venture Capital, has notified the company that two organisations it was associated with have sold holdings constituting 13 percent to a single investor, and Tipp24 AG has confirmed in return that it has been advised by several other major shareholders that approaches had been made by a third party looking to buy up Tipp 24 shares.
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Brit punter raises a valid question
The Telegraph's adviser Liz Dolan was asked an interesting question by a Brit online gambler this week - "Why are credit card gambling transactions being classified as cash transfers and charged a cash transfer fee?"
The gambler wrote that he uses his credit card for moderate and disciplined online gambling on the Bluesquare.com site, but has noticed that since the beginning of September he has been hammered with cash transfer fees.
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Moderate Party votes to privatise
It may take some time to organise, but decisions reached at a political party conference over the weekend could spell the end of the road for the Swedish government gambling monopoly Svenska Spel.
The ruling Moderate political party in Sweden has turned away from the government's online gambling monopoly, reports Poker News this week. At a party conference in Gavle over the weekend, the party voted to de-monopolise the country's gambling industry and to privatise Svenska Spel, the country's government-owned gaming company.
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Boss Media reports decline in operating profit of 35 percent
It hasn't been a happy third quarter for online gambling software developer Boss Media, which has reported a decline in operating profit of nearly 35 percent to SEK 11.7 million (2006: SEK 17.9 million) on total revenues of SEK 68.8 million, a fall of nearly 11 percent against the same period last year. Net profit for the third quarter was SEK 8.3 million (2006: SEK 23 million).
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Has Lazer Wager gone too far with disaster oriented marketing?
There's often a fine line between current events-based marketing initiatives and being perceived to exploit the misfortune of others, and a press release from the recently launched sportsbetting and poker website Lazer Wager.com this week tested that boundary.
Owned by Trailhead SA and managed by former staff from Bet On Sports and Nine.com recruited by its British owners, Lazer Wager offered up a $10 000 reward for information leading to the apprehension of those who may have started the calamitous fires that have ravaged California.
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32Red to focus on core activities and geographic expansion
Bought from Sportech almost 18 months ago for GBP 12.5 million, 32Red's sportsbook Betdirect.com was sold in September to bookmaker group Stan James for GBP 5.75 million, according to 32Red's half year results released this week.
At one stage Boylesports was reportedly interested in a deal, but CEO Daniel O'Mahoney announced his company's withdrawal recently (see previous InfoPowa report)
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Stan James (Gibraltar) Limited comments on Bet Direct acquisition
Gibraltar-based bookmaker Stan James (www.stanjames.com) has commented on its acquisition of the Bet Direct online sportsbook, casino and poker operation from 32Red plc for GBP 5.75 million (see previous InfoPowa report).
The deal sees Stan James taking over UK-focused Bet Direct with a completion date of 10 December 2007.
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37 percent growth in revenues for online gambling group
Gibraltar-based online gambling group 888.com has delivered another round of good results with the publication this week of its third quarter 2007 report.
Net gaming revenues over the quarter rose 37 percent to $52.5 million (2006: $38.3 million) and the company reported strong trading into the fourth quarter with the launch of 888.it - an Italian targeted sportsbook - and a major television advertising initiative. During October the 888 operations saw daily casino and poker revenues climb 11 percent, a good auger for the coming fourth quarter.
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Popular online poker site is now joined by land version
It's taken two years of licensing negotiations and a significant investment in a plush land establishment in Nottingham, UK but Rob Yong's Dusk Till Dawn poker room has surmounted opposition and delays and is almost operational at last, complementing a Cryptologic-powered online version of the brand that has been pulling 'em in for the past two years.
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Are online operators now coming up trumps?
The respected UK publication Motley Fool takes a cautiously optimistic view of online gambling stocks in an article by David Stevenson this week, who examines the post-UIGEA business environment one year on and asks: "Are the online operators now coming up trumps?"
In a well argued piece, Stevenson recaps the consequences to UK public companies of the unpopular American law, which triggered an exit from the lucrative US market of the big listed gaming companies with severe losses incurred all round.
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Testing programs move up a gear in November
It's been 20 months since Nevada casino regulators approved rules governing on-premises wagering on wireless hand-held gambling devices, but testing could go up a gear in November, reports the Las Vegas Review-Journal in a progress report article this week.
The Journal reveals that Cantor G&W hopes to begin testing a wireless gambling device on a small scale at The Venetian and has asked the Gaming Control Board to allow customers frequenting the semi-private lounge inside The Venetian's high-end slot parlour to wager on a device no larger than a personal digital assistant.
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Latest technology deployed to launch promotional sweepstakes
Las Vegas-based Players Network, Inc. has entered into an agreement this week with Modern Mobile Marketing to launch a series of promotional sweepstakes via SMS text messaging.
Players Network plans to create a series of SMS text messaging sweepstakes campaigns that will be promoted and marketed aggressively on all Players Network's Video-On-Demand (VOD) platforms and its website, PlayersNetwork.com.
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