Category Archives: Gambling News

Who Gains from Legal Proceedings Against Unibet?

A couple of days ago after the hearing Petter Nylander, Unibet’s CEO, was transferred from the Nertherlands to the French legal authorities in Nanterre. His bail amounted to €200,000.

In Nylander’s opinion the legal proceeding against Unibet has no sense, especially now when “the French government has publicly referred to the opening of its online gaming market. He thinks that it serves the commercial interests of France’s two state-owned monopolies. Nylander claims that the monopoly operators’ actions are “in… disregard of EU Treaties and the interests of French players”. So, the market needs being reformed.

Betfair will Operate in Australia

Residents of Australia’s most populated territory – New South Wales – will soon be able to enjoy Betfair’s expanded operations (taking racecourse bets), as “the government is looking into allowing Betfair and other online betting agencies to operate and advertise in NSW”.

Being allowed to operate and advertise services in NSW, Betfair will pay the government a “product fee of 20% of the betting company’s gross revenue from NSW bettors”.

The only obstacle for Betfair has been Racing NSW which, according to the company’s opinion, may lead to the loss of millions by the government if the online betting exchange enters the market and bettors bet online on horse racing.

Internet Account Wagering in New York

The registered New York residents are able to place account wagers on horse races using TVG’s recently launched Internet wagering platform at www.tvgnewyork.com. Race replays, free handicapping information, selections from TVG’s horseracing experts and customized stable alerts featuring updated news on horses, jockeys, trainers and owners are accessible for residents as well.

The platform has been launched on behalf of Yonkers Raceway. According to the agreement reached by TVG and Yonkers Raceway in June, TVG, on behalf of Yonkers, will provide New York residents with account wagering services. New York State Racing and Wagering Board approved TVG’s online system on October 26, 2007.

Boss Media’s Revenues Fell

Boss Media, the Swedish online gambling software developer, is known to have a decline in its operating profit for the third quarter of nearly 35%, and it amounted to $1.84 million. The company’s total revenues turned out to be $10.79 million, which is 11% lower than for the same period last year. As for the net profit for the third quarter, the figure has also dropped from $3.61 million last year to $1.3 million.

Boss Media has also been experiencing the fall of sales from $36.36 million to $36.23 million. Royalty revenues have dropped by 8% to $26.60 million from $28.92 million last year. Operating profit fell to $6.16 million from last year’s $7.04 million and net profit for the nine months was $5.53 million from the previous $8.97 million.

To improve the situation and to increase sales volumes some measures have already been taken by the company. They are working on changing and strengthening sales organization. Besides, the company thinks that the launch of new and updated products is a must in getting higher revenues.

Are the French Turning the European Arrest Warrant into a Political Tool?

With a European arrest warrant issued by a French judge, Petter Nylander on the charge of money laundering and cybercrime, chief executive of Unibet was detained on this Monday at Amsterdam’s Schiphol airport.

The arrest followed the commercial complaint made by Française des Jeux running the lottery, and PMU, the national horseracing board. In accordance with it, Unibet is claimed to have breached their monopoly rights to internet gambling in France.

As for the French government, they feel embarrassed by the arrest and they have ordered the case against Unibet’s executive to be dropped down. Moreover, the case has been criticized by Unibet, the European Commission and Swedish politicians. In their opinion, all Unibet’s operations were legal under EU law.

Unibet is asking for the immediate release of its chief executive.

Pub-casino.co.uk Went Operational

A new online casino site licensed in Malta and owned by the giant British pub and entertainment group Punch Taverns – Pub-casino.co.uk – has been recently launched by Cantor Gaming.

The site offers a great variety of games including blackjack, roulette, video poker, slots and baccarat. Some more poker and bingo products are to be added in the nearest future. Besides, to attract players, the site offers matchplay bonuses up to GBP 400.

Cantor Gaming is known to have powered two other online casinos, FHM Casino and Cantor Casino, now apparently closed. “The company has taken over the gambling software provider Kismet International this year, absorbing CEO Manu Gambhir into the Cantor management structure and adding operations like Red Lounge, Toon and Private to its client list”. It has also been reported that the company is involved in developing a developing a Europe-facing online casino for the giant US land casino group Las Vegas Sands Inc.

The partnership of Cantor Gaming and Punch Taverns is exepected to be beneficial for bath parties.

Casino Affiliate Convention in Macau

Ticonderoga Ventures Inc is planning its first Casino Affiliate Convention on November 28 and 29 at the Venetian Hotel And Casino in Macau. The event is dedicated to affiliate marketing, online advertising and mobile opportunities for Asia for gaming affiliate webmasters and operators.

The first Casino Affiliate Convention took place in Europe five years ago with most of the original attending affiliates becoming super-affiliates with their programs leading affiliate programs in Europe. The same is expected to hold true for the upcoming Macau event.

Mor Weizer, Chief Executive Officer for Playtech, Jason Chan, President for Entertasia, Chen Yu, Vice-President for YeePay, John Ryott, Affiliate Director for Gaming VC, Monte Cahn, Chief Executive Officer for Moniker, and Graeme Eastman, Chief Executive Officer for AffiliateGuide – some of the most respected executives – are expected to speak at the event.

Registration for the Macau event will be over on November 22, as the attendance is limited.

The next event will be held by Ticonderoga at the end of June in Moscow.

Top Ten Places to Gamble

The following list represents top ten places of destination for gamblers.

Number ten on the list is Foxwoods and Mohegan Sun casinos located in Southern New England between New York City and Boston, 30 minutes of each other. They are claimed to be a favorite destination for college-aged gamblers flooding the region annually. You’ll be able to find one of the world’s largest poker rooms in Foxwoods, and world class entertainment and high-end shopping in Mohegan Sun.

The Bahamas are number nine on the list, the islands that are famous all over the world. The resorts located there such the Atlantis, The Westin Grand Bahama Island Our Lucaya Resort and the One & Only Ocean Club are attractive not only as gambling spots, but also as bech-themed allure.

The Bahamas are followed by the Bicycle, Commerce, Hollywood Park the Hustler casinos – the major gambling attractions in Los Angeles. There are more than 30 other casinos located along the coast all the way to San Diego.

France is the seventh on the list. Being a wonderful tourist destination with such attractions as the Eiffel Tower, Musee du Louvre, Arc de Triomphe and Cathedrale Notre-Dame, France is regarded to be a wonderful gambling destination. There are more than 450 casinos in the country. The Aviation Club de Paris is considered to be one of the world’s most famous poker rooms due to its exposure on World Poker Tour Broadcasts.

The Mississippi River area, the unofficial birthplace of American gambling, is the next on the gambling list. The immense gambling spirit comes from the casinos lining the Mississippi River coast from Louisiana to Canada.

Lots of famous gamblers come from Australia, home to more than 400 casinos and racetracks. So, Australia is number five on the list. Both the general gambler and the poker player can choose as their places of destination such casinos as the Crown Casino and the Star City Casino located in Sydney.

Cruise ships for gamblers are associated with only one thing – time to gamble. It doesn’t really matter where you are cruising as cruise ships feature some of the best gambling action. So, cruise ships are number 4.

Atlantic City which is the third on the list is the place where such pros as Johnny Chan, Erik Seidel and Phil Ivey made their millions and their marks playing cards at the Taj Mahal and the Borgata. The world’s major gambling brands (Harrah’s, Wynn, Bellagio, Sands) have a large presence in Atlantic City.

Macau has already been called the new Las Vegas. It is becoming bigger than the most famous of gambling destinations. The Venetian Macau, the largest casino in the world by far, has been opened this summer. The size of the casino is really impressive – it is bigger than four American football fields. Macau is number two on our list.

Thanks to the tourism and gambling industries Las Vegas is one of the fastest growing cities in America, and number one on our list. It has become home for mega-casino resorts like the Bellagio, the Wynn, the Sands, Mandalay Bay and dozens of others. Even with Macau quickly becoming the world’s first choice for gambling, there is nothing like Las Vegas having a hotel room and gambling chair for everyone.

A Casino Resort to be Opened in Atlantic City

$5 billion will be spent on a massive casino resort in Atlantic City by MGM Mirage Inc. The luxurious 3,000-romm resort is to be opened in 2012. It will be built on a 72-acre site next to MGM Mirage’s joint venture with Boyd Gaming Corp., the Borgata Hotel Casino & Spa.

The resort is promised to have the largest casino floor in Atlantic City. 5,000 slot machines, 200 table games and a poker room will be placed there. Besides, plans also call for a 1,500-seat theater, restaurants, nightclubs, a spa, 500,000 square feet of retail space and a convention center.

The new resort in Atlantic City is expected to attract upscale visitors with entertainment, dining and shopping options as opposed to day-trip gamblers.

Integrity and Reputation of TotalESoft.com Bring the Best Gaming Experience

A new online casino, World-Wide-Win.com, powered by software from TotalESoft.com is announced to be ready for the release by TotalESoft Ltd, casino software company.

The casino will offer more than 100 games including blackjack, craps, multi-line video slots and many other games. New games, as the officials claim, will be added every month. The casino is also proud to have “a whole host of regular and special bonuses, new and improved games and some of the highest progressive jackpots”.

It is promised to be the best gambling experience in the world of the online casino gaming.