Monthly Archives: March 2009

New Gambling Project for Russia

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Gambling in Russia is changing. The land casinos have been pushed out of the big cities. At the same time online gambling has been gaining more and more popularity.

Thanks to the new agreement between Net Entertainment and Delta and PCP Electronics, Russia will get a new kind of gambling – a hybrid form of gambling in which elements of land and online gambling are combined. It will be a new CasinoCafeTM to be launched in Russia in more than 500 business places. The benefits of the CasinoCafeTM concept combine “the cost efficiency of electronically distributed gaming with the business volumes of land based casino operations”.

Both Net Entertainment and Delta and PCP Electronics will bring their specialty knowledge to make their project a success.

Mobile Sportsbetting in Scandinavia

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Mobile Gambling is getting more and more popular with players all over the world. The convenience of playing favorite online casino games and already online poker from the mobile devices is unspeakable.

It must be mentioned that the transition of online casino and poker into the mobile industry has been much faster than that of sportsbetting. Though, it has become known that Mfuse Limited has recently signed a deal with Betsson AB for the development and implementation of the next generation mobile betting interface for the Scandinavian betting market.

Online gambling market and sportsbetting industry are growing and lots of technological achievements have become noticeable there. No doubt, that the agreement between Mfuse and Betsson will give Mfuse dominion over the mobile sportsbetting market in Scandinavia.

In accordance with the deal, Mfuse and Betsson are supposed to build a new mobile betting service that will work within the Scandinavian market. The planned mobile sportsbetting product to be launched in the nearest future will support 12 languages including all of the Scandinavian languages, Spanish, Greek, Turkish and others and all of the major betting formats and popular mobile online casino games.

CryptoLogic Puts Safety and Protection as a Top Concern

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CryptoLogic is known to have completed a deal with Ethoca Limited, a community-style fraud fighting company. The deal is supposed to boost the security of CryptoLogic and other online casinos licensing software from the company. Thanks to the new brand fraud protection, online casinos will pool their information into the community, thus being protected by information gained at any of their rivals.

Nowadays, fraud protection in the online gambling industry has become a real issue because of the numerous sophisticated fraud attempts. Online casino sites are deeply in need of effective protection. Taking all this into consideration, it has been decided that WagerWorks, CryptoLogic’s subsidiary, will work with Ethoca to provide all of the online casinos licensing its technology with Ethoca’s community fraud protection.

VegasRed Delivers Information Right to the Desktop

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VegasRed online casino announced the launch of their newest development – the downloadable program delivering updates, bonuses, promotions and VegasRed news right to their players’ desktop application called “My Speedy Alert”. Thanks to the application, VegasRed does not have to send emails to a player’s inbox any more, thus making the inbox clutter-free.

To say more, the application can be used without supplying lots of personal information. Players will appreciate the fact that the download of the program is simple and instant and it does not gather player’s information in the process. Having installed “My Speedy Alert”, players automatically have the newest information delivered right to their desktops, even being not logged into the VegasRed online casino gambling site.

Online Slots Players will be Excited

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AllSlots, the member of the Jackpot Factory group, is reported to have launched three new games. Burning Desire, a unique slot game featuring a romantic theme, is one of them.

Playing the game, you can win money in 243 different ways. The game uses symbols as scatters. As soon as you have one of the symbols, you win. Besides, in a case of a free spins mode all your winnings are tripled and you get a chance to cash in 90,000 coins.

Playtech Enjoys Success

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Playtech’s revenues for the entire year of 2008 have totaled to $144.8 million – that is 70% up from the $85.3 million reported in 2007. The firm’s revenues for the final quarter of 2008 increased 52% (if to compare the reveues for the same period in 2007) and amounted to $40.9 million. The revenues for the third quarter amounted to $36.8 million which is 11% higher.

Playtech’s casino revenues come to $28.6 million (in comparison with $18.9 million for the final three months of 2007) and its poker revenues totaled to more than 11 million dollars ($7.7 million for the same period in 2007).

Playtech’s share of players’ income has also grown: the share coming from Asia-facing licencees has grown by 26%, while that of European licencees – by 11%.

Playtech’s success can be explained, on the one hand, by its entering the regulated Italian market which is expected to increase the company’s revenues in future and, on the other hand, implementation of a deal with William Hill that let the operator use its casino and poker products using Playtech’s software.

Bingo.com’s Gaming License Application Accepted

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Due to the changing EU regulations, Bingo.com had to apply for a license in Malta. Finally, after a troubled period, the UK bingo giant has received the news that its gaming license has been accepted, and now it can come back to the market.

Over the past two years, Bingo.com came through a number of difficulties connected with licencing and over dependence on the U.S. market. The company’s revenues have dropped. And now, Bingo.com is on its way to recovery with the UK first pot of call.

Bingo.com is known in the gambling industry as the bingo site, but it also offers a wide range of games icluding slots and sweepstakes. Its online community with over two million members is believed to be one of the largest ones in the online gambling industry.

Ultimate Bet Coming Back

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Everything changes in this world, so does the gambling industry, and in particular internet gambling sites. Within a few days they may fall down from the top of their games to the total crash often caused by the cheating scandal.

As a result of the cheating scandal, the Ultimate Bet online casino poker gambling site has faced lots of negative attitude over the past year, and now it is doing its best to come back. Having switched to the new Cereus Network, the online gambling sites hopes it would be able to recover. A series of increasingly high profile and huge prize pool tournaments to be launched in the nearest future is another thing Ultimate Bet relies on in its recovery.

The online poker gambling site is running the promotion right now. No doubt, online casino gamblers will be excited to take part in any of the 22 special events scheduled at the Ultimate poker tables with a $1 million guaranteed prize pool.

Online Casino Gambling Companies Can Test-drive NYX’s New Product

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NYX, a leading innovative developer of gaming platforms, is about to launch its new gaming product that is expected to become a great success within the internet bingo gambling industry. This new product is a new bingo client that enhances gamblers’ bingo gaming experience by introducing new technology and software.

The launch of the product is to take place at the IGE at the end of January.

NYX is a fast developing software developer that has quickly gained reputation for innovation and quality.

CryptoLogic Repositions Within the Online Gambling Industry

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The partnership agreement between CryptoLogic and GTS is finalized. CryptoLogic as well as GTS were looking for innovatve opportunities to expand and unique services. Having partnered, the companies got stronger foundation to start the new year.

The deal will definitely benefit online casinos and internet gambling companies licensed by both of them, but mostly those operating on the GTS global gaming platform (like Unibet and Betclick), as they have got access to CryptoLogic’s full suite of games. What concerns CryptoLogic, in the view of its few losses over the past couple of years, the deal will let more internet players access the company’s popular internet games.