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GAMBLING NEWS : The Latest Online Gambling Industry News Provided By InfoPowa News
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.
 
16 NOVEMBER 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed BetSage Gambling News - News Now  
 

German facing online gambling group goes for Casino Module
The London listed online gambling group Gaming VC has chosen Net Entertainment's Casino Module turnkey product to aid its expansion into new geographic markets. Gaming VC operates a number of tier one online gambling websites including Casino Club.com and has a strong German customer base.

Gaming VC posted a turnover of Euro 40.6 million in 2006 generated through its casino and poker operation (see previous InfoPowa reports). By adding NetEnt's CasinoModule games and backend, the company will extend its operation with browser based casino games. The first site to integrate and launch CasinoModule will be Gaming VC's sportsbook www.betaland.com, followed by other sites.  more...
   

Iovation gets a $15 million boost from top computer company
Intel Capital has announced a $10 million investment in online security and fraud protection service provider Iovation. The funding boost is part of a $15 million investment round led by Intel Capital, and will be used to accelerate the development and delivery of next-generation fraud and abuse management solutions and broaden the company's intellectual property portfolio.  more...
   

147 percent growth in revenues reported
Record results have been published for the third quarter of 2007 by Swedish betting group Betsson, showing continued growth and impressive revenues and profits.

The group's net sales increased by 147 percent to SEK 177.2 million (2006 Q3: SEK 71.7 million) whilst operating profit grew five-fold to SEK 53.7 million (2006: SEK 10.4 million).  more...
   
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Latest poker software innovations featured in new poker room
Gibraltar based Globet Casino.com has enhanced its online casino operations with the launch of a new poker room on the Microgaming Poker Network.

Believed owned by a Uruguayan group, Globet changed from Chartwell Technology to the Microgaming software platform for its casino operations earlier this year and is targeted primarily at Central and Eastern Europe.  more...
   

"....the entire set of policies and procedures would be useless, lack practical utility."
US government officials, who were tardy in releasing the first drafts of the regulations giving teeth to the Unlawful Internet Gambling Enforcement Act, have given interested parties until December 12 to comment, and the public criticism has not been slow in coming.

This week the Center for Regulatory Effectiveness, a D.C.-based lobby group headed by former Office of Management and Budget executives released a report in response to the proposed regulations, which were submitted well after the Congressional deadline of 270 days by the Treasury Department.  more...
   

Exemptions generally extend to the gambler's bank
U.S. Treasury Deputy Assistant Secretary Valerie Abend outlined exemptions on the government's attempt to disrupt financial transactions with online gambling companies under the Unlawful Internet Gambling Enforcement Act today (Wednesday).

Giving an update on the much delayed regulations supporting the unpopular Act, Abend told Dow Jones that officials were still working to finalise a new rule that would put the onus on banks to help crack down on online gambling by U.S. citizens.  more...
   
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"I think (Frank) takes a fair-minded, common sense approach to this," says Mandelson
The headline-grabbing visit to Washington by European Union Trade Commissioner Peter Mandelson continued keep the online gambling industry in the spotlight this week as the EU emissary visited US legislators and trade representatives and spoke at meetings on "Transatlantic Economic Cooperation."

Mandelson's principal mission is to negotiate fair and adequate compensation for the 27 nation EU following the unilateral withdrawal of WTO trade obligations by the United States (see previous InfoPowa reports) However, he has also taken the opportunity to call for an end to American laws which discriminate against foreign online gambling companies.  more...
   

US politicians have hopefully taken onboard a better view of a popular pastime
Good to their word (see previous InfoPowa reports) Antiguan politicians used a Caribbean business conference this week to provide their US colleagues with a more positive perspective on Internet gambling and the hypocrisy of American laws seeking to disrupt the popular pastime.

Weekend meetings were organised between a team led by the Antigua prime minister Baldwin Spencer and members of the U.S. Congress in the hope that it would help resolve the ongoing World Trade Organisation trade battle between the two nations.  more...
   

Will the land casino tax have repercussions for Holland Casino's online venture?
Dutch state companies may hold a monopoly on gambling in the Netherlands, but a proposal for a dramatic increase in tax on slot machines is creating waves at Holland Casino...and raises questions about the impact on its online gambling operations due for relaunch with Cryptologic software soon.

Holland Casino is the only company permitted to operate casinos in the Netherlands, and it is concerned for its future if the cabinet pushes through a dramatic increase in the tax on slot machines, reports the publication Expatica. And the gambling company has gone public with its concerns this week.  more...
   
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Poker News interview cautious but interesting
Followers of the unfolding cheating crisis at Absolute Poker.com will have some absorbing reading over the next few days as Poker News publishes a clearly extensive interview with Nat Arem, one of the main player investigators who uncovered the debacle at the online poker site.

Poker News commendably and as an independent observer, financed a trip by Arem to Costa Rica to look into the "Holecard-gate" scandal that has rocked the online poker site following indications that up to $800 000 or more was involved in cheating tournament play perpetrated by a company insider over a period of at least 40 days (see previous InfoPowa reports). Straining its credibility, the company at first denied that anything was amiss when players uncovered the scam.  more...
   

PPA will submit opinions on November 14
Claimed by the Poker Players' Association as a by-product of the organisation's recent Washington Fly-In initiative (see previous InfoPowa reports) the U.S. Department of Justice is to hold a hearing on Internet gaming at 10 00am on November 14, says PPA executive director John Pappas.

Speaking to the online poker portal PocketFives.com, Pappas said this was a huge step for online poker�s future, and commented: �We talked with Chairman John Conyers (D-MI) along with some of our poker pros during the fly in. He pledged to hold a hearing and we�re pleased that it�s happening.�  more...
   

October poll shows a 2 - 1 margin against poker ban
On the eve of a House Judiciary Committee hearing on online gambling, the Poker Players' Alliance has drawn attention to a recent independent survey which shows that Americans are unhappy with the US government's anti-online gambling stance.

According to the poll, conducted by RT Strategies National Omnibus Poll, Americans, by a two to one margin (51 percent - 21 percent) oppose government attempts to ban Internet poker, and strongly support federal regulation of Internet poker as a means to control underage gambling and help problem gamblers.  more...
   
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Confusing responses from DoJ enforcement
Few would disagree with Congressman John Conyers, when he said at a House Judiciary Committee hearing in Washington on online gambling this week that he was frustrated by disparities in the enforcement of U.S. Internet gambling laws.

Chairing the hearings, Conyers questioned "the selective nature" of Internet gambling enforcement and in a reference to the WTO compensation dispute said a ban enacted by lawmakers last year could end up hurting U.S. relations overseas.  more...
   

Bwin announces completion of deal disrupted by UIGEA
The Vienna listed online gambling group Bwin and the former owners of the Ongame group which the Austrian group acquired last year have reached an agreement that amends the original terms of sale, completing the long delayed transaction.

"In connection with the Bwin Games [formerly Ongame Group] transaction, Bwin and the sellers agreed on a deferred consideration with a potential value of Euro 83 million including interest as of settlement date," a Bwin spokesman said.  more...
   

Irish poker powerhouse releases Irish Open side events plan
Next year's Irish Open week long poker epic will see the introduction of a new event - the Irish Open Ladies - on May 22 2008. The new contest will take the form of a no limit hold'em freezeout with a reasonable buy-in of Euro 300 + Euro 30 that should ensure a good attendance.

Paddy Power's poker chief, Nikki Newman, says: "I am very excited about it. I have always felt something of a personal compunction to help bring more women into the game. Colette Doherty, Irene Tier and Jenny Heggerty, showed us just how much power there is in the Irish ladies game. So what better backdrop could there be for a ladies poker event than the Irish Open itself!"  more...
   
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Online gambling to relieve flight boredom
It's been mooted by Ryan Air for some time, but as early as next year airline passengers could find relief from boredom in the form of inflight gambling from online gaming group 888.com.

By complying with the new and more liberal UK gambling regulations, airlines could make inflight gambling available on long-haul flights, reports the Brit newspaper The Sunday Mirror. Passengers will be able to log on to the Internet and stake cash on games including poker, blackjack and roulette, the report claims.  more...
   

OnCash seen as both ingenious and innovative
Spin 3.com, the mobile gambling associate of online gambling software developer Microgaming, has launched OnCash, a system that empowers land-based casinos and other organisations that work in a cash-environment to branch their business into the online and mobile casino mediums quickly and easily, using existing processing and payment solutions.  more...
   

Latest stats from Juniper Research remain optimistic
The Juniper Research organisation released its latest predictions on the mobile gambling market today (Monday) which remain bullish, showing a projected $5 billion in mobile casino wagers by year 2012 as major players move into the sector.

The report predicts strong growth in usage levels of both single-user games such as slot machines, and of multiplayer gambling tournaments, fuelled by a slew of drivers including: market deregulation, greater 3G coverage and adoption, and � crucially - a greater availability of simple, intuitive mobile gambling products.  more...
   
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Three Internet cafes raided and 18 arrests made
Last Friday was not a good day for three Internet cafe owners in Singapore, reports News Channel Asia. The venues were raided by local police and found to be offering illegal online gambling.

A total of 15 men and three women were arrested in the raids which took place at Internet cafes located along Geylang Road, Lorong 17 and Lorong 18. Following initial investigations, 11 of the 18 people arrested have been released. The remaining seven people will face charges in court under the Common Gaming Houses Act.  more...
   

Echoes of Washington State in proposed draconian penalties for Massachusetts online gambling
If Massachusetts Governor Deval Patrick has his way, online gamblers in the state could face jail terms of up to two years and $25 000 fines, reports the Boston Globe, which has examined the governor's latest legislative proposals in depth.

The Boston newspaper has carried incisive reportage on the bill, which seeks to expand land gambling in the state with new casinos, but includes a hypocrisy ridden and deeply buried clause that would ban online gambling and follow the Washington State example by making it a C class felony.  more...
   

Internet gambling ban "another unconstitutional infringement of Americans' digital rights."
The feisty Internet Media Entertainment & Gaming Association (iMEGA) has joined the growing number of critical voices against a bid to ban online gambling on pain of severe penalties in the state of Massachusetts (see previous InfoPowa reports).

The proposed legislation, which is ironically contained within a bill that seeks to expand land casino gambling in the eastern state, has been submitted by Massachusetts governor Deval Patrick but has come in for heavy flak and extensive media coverage centred on its hypocrisy and felony level penalties. The proposal will not be voted on until 2008, according to political observers.  more...
   
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Governor's attempt to expand land gambling could stumble on Internet banning clause
The row over Massachusett governor Deval Patrick's attempt to ban online gaming whilst promoting land gambling expansion in the Bay state continued to make mainstream headlines across the United States yesterday.

The widely read daily Boston Magazine typified much of the comment when it declared it was still trying to figure out "...what the hell the governor was thinking."  more...
   

If good things come in threes, what's next for this household?
Although InfoPowa focuses on Internet gambling news, there are occasionally such great good fortune stories that they have to be told, and this was the case with Anthony and Antonietta Marrocco, a married couple from Caledon, Ontario who hit it big over the weekend, reports Canadian Press.

Enjoying a little R&R at Casino Rama in Orillia, Ontario the duo first struck it rich on a slot jackpot which gave them Cdn $13 000. That would be enough to make any weekend special, but Antonietta had a feeling that it was going to get better, and it did....big time!  more...
   

Why would a US online gambler want to prejudice payment systems?
Dummy of the week award has to go to a US player at the Full Tilt Poker site, who very obligingly told a television investigative reporter everything he could about credit card workarounds in order to make deposits at online gambling sites.

Mystified players in the US were this week asking why a fellow online gambler would want to compromise systems that enable American Internet players to pursue their pastime of choice in spite of the Unlawful Internet Gambling Enforcement Act, which tries to prevent them doing so by banning financial transactions with online gambling companies, but does not make online gambling per se an offence.  more...
   
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Something fresh from Full Tilt
The more competitors you knock out, the bigger rewards you reap in the latest tournament tactic introduced by Full Tilt Poker.com to keep the action exciting - the Bounty Knockout Tournament.

Players entering the tournament have a set percentage of their buy-in placed on their heads as a bounty, and as the tournament progresses, the bounty on each opponent you knock out accrues to your account and constitutes winnings over and above the normal tournament rewards from the prize pool.  more...
   

Video gaming and online poker technology merges in new offering
Online poker players at Ladbrokes will soon experience for themselves the latest in Internet poker technology as the website gears up for the launch of the company's latest 3D virtual reality poker this week (see previous InfoPowa reports).

The new service integrates cutting edge video gaming software with its existing poker service and means that all Ladbrokespoker customers will have the option of creating a custom 3-D 'Avatar' with physical characteristics. In the poker game the 3-D avatar will display the same human-like movements that have been developed for state of the art video games.  more...
   

Online tournament delivers big money from a large entry field
With the current edition of the Full Tilt Online Poker Series of tournaments in full swing, there was big money for the winners this weekend as Event 7 was finalised.

With a guaranteed prize pool of a million dollars and buy-ins of $300 + $22, the event attracted a large online entry field of 4 475 players from all over the planet, generating a final prize pool of $1 342 500. This translated to a winner's prize of $237 072 and a money bubble that took in the top 585 contestants.  more...
   
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And Electrcade will provide new games to GTS platform
Plenty of positive news emanated from theUK-based Gaming Technology Solutions plc group this week. The soft games technology and games provider has signed up Victor Chandler as a client for its products on the GTS EdGE platform, and is partnering with Electracade for an additional stream of games suitable for integration on the platform.  more...
   

Latin flair as first Chilean operator joins an established but still growing network
The Microgaming Poker Network welcomed a new South American online poker site this week with the arrival of the Chilean-based Mamamia Gaming.com operation.

The site goes live today (Tuesday) and should prove popular with the increasingly important Latin American sector.

With an initial focus on Chile and Argentina, Mamamia Poker expects to reach further into South America though a strong affiliate network, and the owners have ambitious plans for European expansion, too � all of which will be assisted by the network's multi-language capabilities that currently deliver software in 19 languages.  more...
   

Heat poker tournaments spell success for online poker network
Bwin Group subsidiary Ongame Network Ltd, a provider of online gaming platforms, has seen an increase in interest of over 200 percent in the Grand Tournament � the flagship event of the network � following the addition of the innovative feature Heats two months ago.

With a player-friendly two-day structure, the $1 000 buy-in monthly Grand Tournament is arguably the most innovative online poker event on the circuit since it first emerged in 2005. But the recent addition of Heats has dramatically spurred its popularity. Just over 220 players participated in August this year, compared to over 620 Heat players who entered the event in October.  more...
   
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Too many retail winners sparked investigation
The disproportionate levels of big winners among ticket sellers that sparked an Ombudsman investigation into the Ontario Lottery earlier this year (see previous InfoPowa reports) has resulted in stricter measures by the new management of the Ontario Lottery and Gaming Corp.

In future, Ontario's alcohol and gaming commission will take over the investigation of all suspicious lottery wins - including those claimed by lottery retailers - starting in January 2008 as the lottery corporation tries to rebuild its tarnished image and crack down on any suggestion of fraud.  more...
   

Pensioner polishes off carwash jackpot
This week's luckiest gambler wasn't even looking to win. When Eldon McCammack (71) drove into the interestingly named Trojan Car Wash near Indianapolis this week all he had in mind was a sparkling finish to his automobile.

But when he inserted his dollar in the activation slot it paid off like a Las Vegas slot, spurting a flood of small change as the dumbfounded McCammack frantically tried to staunch the river of coins. McCammack said he first grabbed the top from a trash can to catch the coins, whilst another customer found a plastic container to help with the surprise cash flow. In all, well over a thousand coins jetted out of the machine.  more...
   

Unpaid players may see their cash at last
The relatively small high street UK bookmaking group Jennings snapped up arguably Britain's oldest bookie brand, Heathorns this week in a deal with troubled Interactive Gaming Holdings.

IGH, which has delisted and went into administration following serious financial difficulties (see previous InfoPowa reports) sold the brand, and its indebtedness to what observers have described as "thousands of unpaid players" for an undisclosed sum. It is not known whether Jennings intends to revive the online activities of Heathorns.  more...
   
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Nationwide swoop on 150 locations
The Swedish police made numerous arrests and confiscated large amounts of gambling gear this week, raiding 150 location around the Scandinavian country, reports The Local.se. The report does not clarify whether online gambling venues were included in the operations.

Cafes, bars and clubs in Gothenburg, Stockholm, V�ster�s, Uppsala were visited, and police spokesman Malin Sahlstrom revealed that: "A large number of people have been arrested and questioned." Sahlstrom added that police have seized 300 illegal gaming machines.  more...
   

Personalised play the order of the day
Online golfers have an improved experience with a popular game this week. Groove Games Limited, owners of the Skillground platform for games of skill, has upgraded the UTour Golf game with a number of new features. The game is a full-featured online golfing experience where players can challenge other virtual golfers for real cash prizes.  more...
   

Online and mobile slots study contradicts stereotypes
Are slots players all a bunch of little old ladies that only bet a penny at a time? How loyal are they to a favourite machine? Do players like slots just because they're easy to play? Or are big jackpots what make online slots so popular? Slotland.com�s in-house survey of online and mobile slot machine players has now concluded and the results confirm some assumptions and contradict some stereotypes.  more...
   
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Legality and acceptance attractive to U.S. land gambling group
Could U.S. land gambling giant Harrah's be an online gambling competitor in Europe soon? It appears to be a possibility according to CEO Gary Loveman who revealed this week that his company is taking a close look at entering the European online poker market, possibly to extend the reach of its global World Series of Poker brand through online satellite tournaments.  more...
   

But it's mainly due to volatile high roller activity
The last four months have been kind to UK betting powerhouse Ladbrokes - profits have nearly doubled, boosted by significant losses by "high roller" telephone gamblers, who once again pushed up the betting house's results as telephone betting revenues reached GBP 91.8 million.

It was just as well, because the high roller contribution helped offset weak performances from Ladbroke's high street shops, where stakes placed on horse racing were hit by wet summer weather cancellations and results that went against the bookie assessments and squeezed margins.  more...
   

More legal certainty could be achieved as early as next spring
A Bwin executive with more than a passing knowledge of the draconian approach of France to online gambling said in an interview this week that he is optimistic about growing liberalisation in European Union nations.

Norbet Teufelberger was on the unpleasant end of French officialdom earlier this year when he and a fellow executive of the company were detained by French police for involvement in a football and advertising sponsorship with a Monaco team, so he has a personal as well as business understanding of the French approach.  more...
   
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With $8 000 000 invested in monthly online tournaments, Titan expects to be busy
Playtech-powered Titan Poker will stage a $1 000 000 Guaranteed Prize tournament on December 9 as part of its European Championship of Online Poker (ECOOP) tournament series, and now guarantees $8 000 000 in monthly online poker tournaments, a company spokesman said this week.

The guaranteed prize pools at Titan Poker, the largest of the poker sites on the iPoker network, are rising on a weekly basis, based on the rapidly growing number of players that regularly play poker at the popular online poker room.  more...
   

PPA chairman optimistic about legalisation
Speaking at the Global Gaming Expo in Las Vegas today (Thursday) former Senator Alfonse D'Amato, chairman of the Poker Players' Alliance pressure group, said he expects the legalisation of online poker in the United States within 18 months.

Other panelists in today's State of the Industry: Internet Gambling at the Crossroads keynote session at G2E said pending sanctions by the World Trade Organisation due to current U.S. policy on Internet gambling could be the major driver for legalisation. This is because non-gaming corporations likely to be affected by the sanctions could put pressure on Congress to make a change in its current anti-online gambling approach.  more...
   

World Poker Final decided
Following a closely fought heads up between Nick Schulman and Mike Vela, the latter was declared winner of this year's World Poker Finals, taking the $1 704 986 top prize. Schulman had to be content with second placing and a still-generous $864 652 payday.

First man ousted from the final table in the competition was Mark Weitzman, who was taken down by former champ Nenad Medic early in the game.  more...
   
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Exciting finale to inaugural UK poker festival
The Hendon Mob's Joe Beevers is the winner of the first Great British Poker Tour, which concluded its inaugural season this week at the Bristol Harbourside Gala Casino.

Besting over 100 players, Beevers prevailed against names like fellow Mob player Barny Boatman, Roland De Wolfe, Antonio Esfandiari, Phil Laak, Jennifer Tilly, Robert Williamson III, Ram Vaswani, Surindar Sunar and Jamie Gold.  more...
   

Head hunt fails as top financial exec stays with Ladbrokes
Rumours flashing around London business circles recently that a Ladbrokes exec had been offered the CEO post at William Hill were confirmed this week when The Times reported that Ladbrokes finance director Brian Wallace had withdrawn from the short list.

The Times opined that top executives rarely move job between Britain�s two biggest betting shop rivals, but reported that William Hill had approached Wallace on the chief executive's post vacated by David Harding at the end of September. But having made it to the final shortlist of two candidates, Wallace apparently withdrew from the process.  more...
   
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