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Archive for the 'Gambling News' Category
Utah is one of the two states in the USA that don’t allow any form of gambling throughout the state. There are neither land casinos nor state lotteries. However, it has become known that the Attorney General of the state comes out in support of legalizing online gambling. Numerous internet gambling sites and supporters of the regulated industry could not but cheer this open support.
Microgaming, being one of the largest internet gambling software development companies, releases games on the regular basis.
This month, Microgaming has released four new video slots games and a new poker game, the Triple Pocket Hold’em Poker game, the game which has a different structure from some traditional forms of online casino poker. Playing this game, gamblers have more chances to win cash – 50 times the bet is available. And the sum may turn out to be really big. The game is also characterized by unique graphics, high quality, funny and lucrative.
For more information, visit the Microgaming site.
The wide variety of online gambling sites belonging to the Swedish company Boss Media are considered to be very successful gaming operators. They are proud to offer lots of good bonuses, and the number of the ir clients is constantly growing.
The company’s bingo software offers unique gaming experience and supports numerous languages, as well as currencies.
The company’s new software covers the social networking aspect of online gaming and easily interchanges with their online poker and casino sites. The software is rather costly, but as Boss believe, it is really worth it.
In order to boost the economy and attract international interest The Seychelles has passed some new legislation that provides a base for the licensing and housing of online casino gambling companies out of the island nations.
It is not a secret that lots of internet gambling sites operate with very high revenues and profit. So, lower taxes on the revenue and profit, and possibility to operate out of the Seychelles will, for sure, attract some of them to the islands.
Though implementation of the regulations and the new policies has only recently been started, the Seichelles will soon start licensing and operating online casino gambling companies off of its islands. To note, only the companies that meet all the necessary requirements will be allowed to operate out of the Seychelles. The online casinos and companies will be subject to annual audits of all accounts and financial statements. Besides, companies’ software program andsome more things will have to be approved by the licensing authorities before implementation.
This new licensing of online casinos is expected to turn into huge success within very short period of time. The important thing in the licensing process for the company is the presence of a Seychelloisa acting as an agent. The agent should hold the license in his/her name, and only a citizen can do this.
Bob Rains, a seasoned pro on the marketing and development side, is reported to have joined Affiliate Media Inc, an affiliate gaming company, as the Vice President of Marketing. Betfair is the most recent online gambling company he worked for.
The fact that Bob Rains has joined their team will help Affiliate Media compete with other affiliate gaming programs that are already well established in the market. Affiliate Media ecpects from their new team member to bring something unique and innovative, something that would really help them gain recognition in the market and get more market share.
Thursday, April 23rd, 2009
The gambling market is getting more and more competitive. Software development companies constantly look for new technology, release new games on the regular basis, do their best to be able to compete.
Version 7.0 is a new gaming platform developed by Chartwell Technology. The platform offers 17 new games with various themes, higher odds, extra bonuses and huge payouts (new Bounty Hunter game, two new fixed-odds games and several new verions of the company’s popular table games). Players will also enjoy more slots action, Chartwell’s better graphics and technology.
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.
Saturday, March 21st, 2009
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.
Saturday, March 14th, 2009
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.
Tuesday, March 10th, 2009
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.
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