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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
are recognised as one of
the leading independent
gambling news services
in the online gambling
industry.
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Does being allowed to welch on a bet make this "not gambling?"
Intriguing story of the week comes from a new online betting site called Betcha.com, which boasts that it is "the world's first honor-based betting platform," providing a P2P community for bettors who like the idea of "gentlemen's bets."
The site has the feel of a betting exchange, where members can bet on anything at all against each other, negotiate and counter-offer odds with potential betting partners and at the end of the day [hopefully] settle the resulting bets honourably. A pool system is also available for members who prefer the bet without all the peripheral activity.
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Event 27 pays out $603 069 to Stucke
World Series of Poker event prize-pools and individual prizes continue to spread an impressive amount of wealth around in Las Vegas as the world's greatest pokerfest continues, with event 27 - the $1 500 No Limit Hold 'Em - attracting an entry of 2 315 pokerheads looking to win a $603 069 main prize and an attractive money bubble if they missed out.
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US activities result in a lower attendance in Montreal as organisers consider alternative venues
Where do you think the next Global Interactive Gaming Summit and Expo should be held?
The GIGSE organisers are asking for preferences to ensure that there's a good turnout next year when this keynote event on the Internet gambling calendar celebrates its 10th anniversary.
In a letter to delegates, River City Group CEO Sue Schneider says that the last gathering in early June reflected the overall mixed tone of the industry in this strange new (US) environment, with reactions ranging from enthusiasm over a newly-leveled playing field and excitement about all the new faces in attendance to downright mourning by old-timers who saw clearly that things have changed so dramatically.
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Probability Games software switched to Microgaming associate
Latest coup for Spin3, the mobile gambling associate of software provider Microgaming is the contract for well established mobile casino 777 Mobile.com, which was announced today (Tuesday). The mobile casino has switched from a St Minver white label operation powered by UK mobile firm Probability Games to Spin3's GameWire wireless casino sustem.
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Spanish consumer protection association demands investigation
With the ink hardly dry on a major sponsorship deal between the famous Real Madrid football club in Spain and top Austrian online betting group Bwin Interactive (see previous InfoPowa report) it appears that a consumer protection association is trying to throw a spanner in the works.
The Asociacion de Usuarios de la Comunicacion (AUC), a watchdog association for the Spanish communications industry has lodged a complaint with the administrative branch of Spain�s Ministry of Economy and Taxes, claiming that online gambling activities in Spain are illegal if carried out by unlicensed companies, therefore rendering illegal the promotion of online gambling. AUC executives have demanded the commissioning of an immediate investigation into the sponsorship.
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Speculation mounts on the possible reasons for Party Gaming's US talks
Speculation in UK business circles is mounting following last week's disclosure by the London-listed online gambling group Party Gaming that it was involved in discussions with US authorities over its legal position in that country.
Party pulled out of the US market, losing a large chunk of its revenues on the passage of the Unlawful Internet Gambling Enforcement Act last October, and over the past month has reportedly been exploring its legal position regarding US operations prior to the introduction of the UIGEA, which prohibits online gambling financial transactions.
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European Union asks for compensation from US for online gambling ban
Just a few days before the June 22 World Trade Organisation deadline for compensation claims against the United States in respect of its protectionist stand on Internet gambling, the European Union has given notice to the United States that it expects compensation.
Major EU region companies such as Sportingbet plc, Leisure and Gaming plc, 888.com and Party Gaming had to exit the US market late last year when Washington stopped U.S. banks and credit card companies from processing payments to online gambling businesses. Companies and investors lost billions in plunging revenues and share prices as a consequence of losing half of the world's online gambling action, estimated to be worth around $6 billion.
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Birmingham chosen to debut Sky Poker�s first venture into live poker
The English Midlands city of Birmingham has been chosen as the venue Sky Poker's first ever offline poker tournament, with the city's Broadway Casino as the venue.
100 of the top Sky Poker online players have been exclusively invited to travel to Birmingham to enjoy the tournament, meet fellow Sky Poker players and play for generous prizes. After previously playing their hands online and through set top boxes, this will be a whole new poker experience, meeting rivals face to face and playing in a real card room setting.
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Another poker tournament busted
Reykjavik police burst in on a public poker tournament in Iceland last weekend, bringing the entertainment to a halt on allegations against the organiser of profiting from gambling.
Central to the police allegation is the fact that the 150 players in the tournament had paid the equivalent of $64 as a buy-in, although the tournament's organiser, Sindri Ludyiksson, claimed that he did not realise he was doing anything illegal.
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The Internet's biggest online poker site is providing 220 WSOP main event packages
The giant of online poker, Poker Stars.com is making a major contribution to the numbers of players registering independently for the World Series of Poker main event early next month. By the time the big event opens, Poker Stars will have awarded 220 packages worth $12 000 apiece in its Mega Satellite tournament - a staggering investment of $2.64 million.
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1800 entrants in $2 000 No Limit Hold 'Em
One of the larger prize-pools in the World Series of Poker - that for the $2 000 No Limit Hold 'Em played over the weekend - was chased by an impressive 1800 entrants. Among them were Joe Tehan, Evelyn Ng, Greg 'FBT' Mueller, Erik Seidel, Lee Watkinson, Cliff Josephy, Mark Seif, Jennifer Tilly, Barry Greenstein, Eric Froehlich, Erick Lindgren, Michael 'The Grinder Mizrachi, T.J. Clotuier, Allen Cunningham and Freddy Deeb.
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Experienced Poker Arena team is behind new online poker venture
The Isle of Man-based online gambling software provider Microgaming has added Pax Poker.com to its +40 site Internet poker network.
Pax is owned by the Malta registered and regulated online gambling group Bravo Poker Limited, and was founded by Einar Bolsted's talented and experienced team which made such a success of the Scandinavian targeted Poker Arena.
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London advertising hotshop delivers the goods for online gambling group
The 11 man London-based advertising hotshop Lean Man Fighting Machine headed by creative director Dave Bedwood has won gold recognition at an international advertising festival for its Virgin Casino interactive video ad campaign.
Awarded the 2007 D&AD 'Yellow Pencil' award in Budapest, the campaign was based around a series 'mangled' interpretations of common casino terms, with consumers clicking a button to see the effects of casino words such as 'Hit' or Double Down.
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Fully integrated skill games platform comes in 20 languages
Swedish online skill games group Jadestone, which recently took control of GamArena (see previous InfoPowa bulletins) reports that it has extended its teamwork with the Vienna listed Internet betting group Bwin Interactive for a further four years through to 2011.
The two companies partnered up late last year to launch a fully integrated skill games platform in 20 languages, targeting Bwin�s European customer base. There are additions in the latest arrangement, with two new multiplayer gaming verticals scheduled for launch in 2008.
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New 'European Union' licence obtained
To broaden the coverage of Celebpoker.com in Europe, a new EU gaming Licence has been acquired that will allow a Swedish version of the well established site to be presented to Scandinavian players, claims an announcement from the company this week. The "EU licence" is believed to be a Gibraltar registration for the Boss Media-powered site, which offers action in 11 different languages.
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Only a year old and shutdown in progress after major sponsor pulls out
Remember the excitement and publicity surrounding the advent of the Pokerdome just last year? The $12 million, hi-tech poker venue in Las Vegas looked set to revolutionise poker competitions with interesting high-tech innovations. Design features aimed at increasing spectator appeal were built in, like LED displays for the dealer button and players' pulse rates monitored in high-pressure situations and displayed to the audience from an encapsulated playing area.
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Ban imposed on sponsored cycling team condemned as scandalous
Online gambling group Unibet is understandably outraged at a ban on its sponsored Green Cycle Team from next month's Tour de France - allegedly because of French laws that forbid online gambling advertising by foreign companies. The injustice is compounded because the main sponsor of the Tour, which begins in London, is France's horse betting monopoly Pari Mutuel Urbain, with French lottery operator La Francaise des Jeux the sponsor of a team, too.
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Bracelet goes to 21 year old
640 entrants signed up for the $5 000 No Limit Hold 'Em competition in the World Series of Poker over the weekend at the Rio in Las Vegas, creating a seriously large prize-pool that would eventually cough up a main prize worth $730 740 after three days of hard and competitive poker.
By the second day the field was down to 85,and of those only 63 made the money bubble and cashed...and only nine of those made it to a largely experienced final table where Karga Holt held an imposing chip lead on 1 211 000, with the closest competition young gun James Mackey (21) on 1 074 000 and the low man on the chip count Michael Binger on 240 000.
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EiG Congress & Expo 2007 set to be biggest ever say organisers
"Considering last year's events, which rocked the online gaming industry, companies like us focus today more than ever on Europe. EiG 2007 looks to be an important event for the European online gaming industry." Gigi Levy, CEO, 888.com
For the last six years, EiG has been the global Mecca of i-gaming in Europe and this year's event, taking place in Barcelona, 2nd - 4th October 2007, is set to be the biggest in history.
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In the wake of Ombudsman's findings, a new CEO, a departure and a reassignment
The reverberations from the Ontario Ombudsman's findings on the administration of the Ontario provincial lottery are still echoing around the offices this week as Canadian press reports chronicle a new interim CEO, the departure of a compliance official and the reassignment of another key executive.
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Multi-ministry approach to monitoring
The Korea Herald reports that the Korean Ministry of Information and Communication has announced it is to beef up monitoring measures on online gambling, working in conjunction with related government agencies including the Ministry of Culture and Tourism, the National Police Agency and the Information and Communication Ethics Committee, in a crackdown on online gambling.
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Location-based mobile casino filtering system to be deployed
Mobile gambling services developer Zero36 has secured a contract with Genasys to jointly operate a location-based mobile casino filtering system in Spain.
The partnership sees Genasys, an experienced provider of location-based services, supplying Zero36 with the real-time location of players using the Zero36 portfolio of 30 mobile casino applications to ensure that Spanish regional legislation is adhered to.
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Quova launches Internet Location Intelligence Platform
Internet geolocation specialist Quova, Inc., has released GeoDirectory Server 6.0, its Internet Location Intelligence platform, and a Proxy Locator designed to enable online businesses to more comprehensively determine the geographic location of their Web visitors.
This platform supports real time deployment of supplemental location techniques extending beyond Internet Protocol (IP) geolocation and IP intelligence. The first platform extension, The Proxy Locator, can identify the use of a proxy server and, in real time, identify the geographic location of the originating Internet connection.
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| 15 JUNE 2007 : HEADLINES |
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New Internet tournament concept
Online poker software developer CryptoLogic Limited played another 'ace' this week with an Internet poker industry first - a headhunter� tournament software concept in which players win cash for every player they eliminate. The company also unveiled new features that allow players to learn and improve by reviewing key hands and identifying the turning point in every big match.
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UK player hauls in a record jackpot on Microgaming progressive
The Microgaming progressive slot Tunzamunni lived up to its name this week by providing a jackpot full of instant cash worth US$ 401 847.25 to a lucky British woman playing on the Jackpots In A Flash.com online casino.
The win, which took place at 9.20pm on June 13 is by a factor of four the biggest yet on Tunzamunni, the previous record being US$ 126 005.62. Tunzamunni is a 3-reel,1-line progressive slot that has a bold tribal treasure theme.
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Canadian turnkey provider reports revenues and cash in hand all up
Calgary-based turnkey provider Chartwell Technology has produced another positive set of business figures, reporting on the three and six months period ended April 30, 2007 with US$13.8 million cash in the bank, fresh business contracts and rising revenues up at US$ 5.6 million (previous $4.8 million) over the three month period. EBITDA for the period was US$ 600 000.
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Games distribution expanded with skill games acquisition
The Swedish pioneer in online game services for media companies and gaming operators, Jadestone group in Stockholm expanded its online games distribution capabilities this week by acquiring the outstanding shares in the multiplayer skill games operator GamArena Ab.
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Bail denied by St. Louis judge
The Evening Standard reports that Betonsports founder Gary Kaplan (see previous InfoPowa reports) has been refused bail by St. Louis Judge Mary Ann Medler. Kaplan faces a number of charges under American racketeering and fraud laws and has been held in custody since his arrest in Dominica in March this year.
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PKR.com bands together with T in the Park
Scotland's "T in the Park Festival" features some of the hottest acts in UK music at one of the biggest annual outdoor festivals in Europe. This year the PKR.com online poker company will be introducing the audience to something a little different by showcasing online play on casino games and poker for the first time at a music festival.
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Cryptologic CEO thinks it could be a model for Asia Pacific markets
Only a month after his appointment as the CEO at Canadian online gambling software firm Cryptologic, Javaid Aziz has been out and about in Asia, where the company has expansion in mind.
In an interview with The Business Times in Singapore, Aziz said that Singapore could be a model for other Asia Pacific online gambling markets, developing strategies that could allow land casinos (already permitted by the government) and online gambling venues to complement one another, perhaps by land casinos housing Internet gaming facilities.
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Introducing the polo set to online gambling
The polo-playing smart set at Kirtlington Park in Oxfordshire, UK will be able to enjoy a little online casino and poker action interspersed with their chukkahs on June 30 as part of a sponsorship by the Maharajah Club online gambling group.
Maharajah will be sponsoring the Asia Cup Polo, setting up poker and casino tables at the event, where India and England will contest the Asia Cup Polo tournament in what has been dubbed a 'Celebrasian' - a festival celebrating all aspects of Asian culture that is running from June to July.
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High Court action launched in bid to reverse regulation plans by the government
The UK Poker Clubs Association was poised to carry out its April threat to litigate against government moves to regulate it as we went to press this week. The Financial Times reported that the clubs, representing 72 000 players across 14 organisations intend to lodge an application for a judicial review in the High Court in London today (Friday) to halt government regulatory plans.
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| PREVIOUS
GAMBLING NEWS ARTICLES... |
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