Monthly Archives: March 2007

Phantom Fiber Corporation and Dynamite Idea Sign an Agreement

A multi- year agreement has been recently signed between Phantom Fiber Corporation and Dynamite Idea.

Phantom Fiber Corporation is the wireless platform software developer that specializes in the gaming and entertaining sector. Expanding its business in the UK and European markets, Phantom Fiber Corporation has chosen Dynamite Idea, the online casino provider, to execute its plans. Dynamite Idea, being formed in 1995, has got an array of traditional casino and slot games, fixed odds games, bingo and keno for e-gaming operators (Ladbrokes, Skybet, PaddyPower and William Hill).

In accordance with the agreement Phantom Fiber will have to extend the games above to a mobile format on over 1,000 hand set types that operate around the world. Moreover, the games can be translated into 27 languages.

The agreement, in any case, is mutually profitable. Dynamite Idea’s revenues are expected to boost, and Phantom Fiber Corporation will easily expand in a new market.

BetOnMarkets Expands

BetOnMarkets was established in 2000. Its clientele is estimated to be over 22,000 people that come from different countries all over the world. The group is licensed in the UK, Malta and the Isle of Man. The license permits the group to operate in eight different countries. 6,000 – 10,000 bets per day handled by and may be considered the real pride of the company. In 2006 the turnover of the group grew by 39% to a record of $100m.

As it has been mentioned before, BetOnMarkets operates in 8 countries. Ireland has recently become the eighth new territory for the group. With the unveiling of (licensed and registered to Regent Markets (Malta) Ltd.), Irish customers have been offered fixed odds financial betting. In other words, using free online training accounts, customers are able to learn “to use fixed odds betting to profit from movements in currency, major stocks and stock indices”. Fixed odds do make a great difference for betting customers, as they can win in any market conditions. You can definitely become a winner when there are no brokerage fees or commissions.

A Set of New Rules for Gambling Advertising in the UK

A set of rules to advertise gambling has recently been unveiled in the UK.  Advertisers will have to act in accordance with the 2005 Gambling Act starting from September this year.

Now, advertising should be socially responsible hat means that advertisements may not “portray, condone or encourage behavior that could lead to financial, emotional or social harm”. This advertising code starts a new era in advertising policy.

On the one hand, casinos, betting shops, online gaming sites will feel more freedom advertising their services, but on the other hand, there will be strict schedule limitations on TV and radio. In other words, no advertisements for gambling will be shown during and around the programs broadcast for those who are under 18 years old. Besides, people under 25 may not be shown gambling.

With advertising being more socially responsible, public can stay calm.

Australia Based Lasseters Improve and Expand their Business

Thanks to the integration of Lasseters Corporation software with the Orbis OpenBet platform online players can enjoy 51 online casino games together with such features as multi-currency, multi-lingual capabilities, and customizable controls. Moreover, this time the games have more user-friendly and fine tuned gaming features.

The idea to expand the business in non-English speaking markets such as Japan, Spain, China, Portugal, Germany, France and Italy, came to Lasseters after the introduction of the US Unlawful Internet Gambling Inforcement Act in 2006. Besides, the corporation has always been attentive to the needs of its players. As a result of constant search for better and sophisticated graphics and functionality, Lasseters turned to Orbis Technology Ltd, the UK based company, which supplies several UK online casinos with their software platform.

In the nearest future Lasseters are planning to offer online sports betting.

The 2007 Pacific Congress on Interactive Gaming

Pacific Congress on Interactive Gaming (PCIG) that took place in Macau last month has proved to be really popular this year, as the number of online casino and gaming professionals who attended it exceeded two hundred.

It was the fifth annual congress whose participants discussed and learnt lots of important issues concerning the Asian online betting market: cultural influence, gaming specific trends, why and how business is operated in Asia. Shailesh Naik of Cryptologic explained the aims of the conference and gave a very detailed overview of the Asian market what is very important for those operators who are new to the Asian gaming sector.

The conference is reported to have been well-organized and the most informative so far. The views of participants over the future of the gaming industry in Asia are very optimistic. Having lost the US market, online operators are trying to find other alternatives.

Mobile Gambling Market is Growing

The introduction of the US UIGEA in 2006 has had a devastating impact not only on online gambling but also on mobile gambling in the US, having made its growth and development there really tough. The online gaming companies who had focused their activities in the mobile market in the first half of 2006, at the end of the year had to find other sources of profit from other sectors in the gambling market.

But despite this, as Juniper Research analysts report, the bets placed via mobile phones will bring income of about $16 billion a year by 2011. The research also reveals that the largest mobile gambling market in the world is located in Europe. Thus, in 2006 $665 million were placed in bets there. Moreover, specialists expect the UK to grow significantly within the European gambling market in the closest future.

The GMA is Offering Help and Support

Gambling Therapy e-helpline is now hosting the first live multi-lingual service. The service was launched on March 12, 2007 by the Gordon Moody Association (GMA) – one of the UK’s largest gambling support charities – and is conducted in 13 languages by highly trained counselors and advisors. With the help of the GMA’s “STOP!” sign, the player is linked to the Gambling Therapy e-helpline where he or she gets support for the cause.

The project is considered to be very important in the modern society, as the gambling problem has become and acute issue. The help the GMA provides is essential especially for those who have not had any access to gambling support earlier.

In addition to the project above the GMA is looking forward to the adoption of responsible gambling measures by the rest of the gambling market. It is already being supported by Betfair and William Hill. The GMA is sure that together they will be able to tackle the gambling problem.

CYOP Systems and RedFelt Software Ltd Widen Their Business

The fans of online casino games have something to celebrate – the launch of two new online gaming sites: and The sites have been launched by CYOP Systems, online casino software provider, and its subsidiary RedFelt Software Ltd.

The variety of games offered is really great. There you can find blackjack, video poker, craps, American Roulette and Classic Slots. Moreover, the access to the games is really fast – 60 seconds will pass after you have entered the site through its Instant Play/No Download Flash version.

English is the language the site will be initially available in. Still, Spanish, German, Russian, Japanese, Dutch, Italian and Traditional Chinese are the languages to be introduced.

The sites are characterized as those presenting the safest, most secure casino site online. You’ll be able to enjoy professionally run, fair and fun games.

Borgata Winter Open The World Poker Tour and its Winners

John “Johnny World” Hennigan started his gaming career as a young man playing pool with his neighbors. Later he became a professional playing in Atlantic City. Now, he is considered to be one of the best cash players in the world. His participation in the World Poker Tour (WPT) Main Event at the Borgata Winter Poker Open proves it: he became a winner of $1.6 million for the first place and re-established himself among today’s poker elite.

The sixth place winner was John James who won $276,935. The next player to be eliminated was Michael Sukonic of Warminster, PA. His award for the fifth place was $332,322. The third player to exit was Joseph Simmons, a Philadelphia native and former manager of the Grammy award-winning hip-hop group, The Roots. His prize for the fourth place amounted to $387,709. The third to finish with the prize money of $443,096 was John Gale, the British-born player, professional poker player and WSOP Bracelet Winner. Charles Kelley of Stanton, VA. Kelley, was the second. His attempts in running for the chip lead turned out to be desperate. Finally, it was “Johnny World” who won.

The Travel Channel will broadcast the Borgata Winter Open/ Borgata Poker Classic event in spring, 2007.

Do All Online Gambling Tycoons Keep Their Spots on the Forbes Magazine’s Billionaire List?

Online gaming tycoons usually have their spots on the Forbes magazine’s Billionaire list, but this year there are some changes. Because of the US gambling laws, some of them have dropped off. Calvin Ayre, Bodog founder, and PartyGaming founders Ruth Parasol and Russell DeLeon are some of them.

Calvin Ayre was on the list in 2006. Then his net worth hit $1 billion. But since it became difficult for American players to move money into online accounts, the company’s operation has slowed down. As a result, Calvin Ayre has dropped off the list.

The net worth of Ruth Parasol and Russell DeLeon was estimated to be $1.8 billion each in 2006. Being made to stop taking American play has really weakened their position this year.

But some of online gambling businessmen are rocking. So, India’s Anurag Dickshit kept his spot on the list with a net worth $1.6 billion. He is the one who developed the software for PartyGaming and helped its founders launch the product.