Category Archives: Gambling News

Protect Gamblers or Protect State Revenues?

Greece is still refusing to comply with the European Commission’s request to readjust policies and regulations and end the existing online gambling state monopoly. The Greek government explains it as a necessary measure to protect Greek citizens from addiction. In reality, it is all about the money. By blocking foreign online casinos and land betting companies, Greece keeps state control over the gambling money in the country.

It is obvious that the state monopoly is not less dangerous than the foreign gambling companies, but state monopoly works for the state budget only, while foreign online casinos site benefit the whole of the EU Economy.

Of course, there are some countries where the state monopoly can be justified, but how to define the country’s genuine interest?

Mastercard Block US Gamblers

Mastercard is reported to have blocked transactions between US gamblers and foreign offshore companies. To say more, Mastercard is the first of the major processing companies to announce the blocks.

The reason why the 2006 UIGEA as not worked yet is because there ave been no enforcement policies in place to stop the US gamblers from using their US bank accounts to fund their player accounts.

Mastercard’s approach to the situation doesn’t seem to be positive at all what makes internet gambling industry a frontline issue in the US now.

Online Gambling Market Changes Focus

Online gambling market in Eastern Europe presents a huge potential for the gambling industry. Increased levels of broadband access and rapid development Eastern Europe seem to be more and more attractive for the European gambling companies.

Thus, Spin3 which developed very solid products for the growing mobile online casino gambling industry, has made a firm commitment to move into Eastern Europe. Now, having partnered with Rocketspin, the company can launch new and specifically centered Eastern European centered games.

Ladbrokes Encounters Security Breach

The UK paper, the Mail on Sunday, featured a security breach at Ladbrokes. The media storm is created by a person whose name is not known, however he goes by the name “Daniel”. So, Daniel who is believed to have previously worked for Ladbrokes and been able to access players’ information through a security breach, claims to have the information of over 10,000 Ladbrokes account holders up for sale. The information in question contains much more than the name and address of gamblers. It also includes account numbers, gambling history data and other personal details. To say more, Daniel claims he still has access to the rest of the company’s 4.5 million registered players, and that sounds like a fiasco for Ladbrokes.

It is known that at the moment Ladbrokes is working with police to investigate the situation and prevent similar situations in future.

More Scratch Card Gaming for UK

The UK gambling market is very liberal, and since 2007 it has grown enormously and expanded beyond traditional online casino gambling sites. Over the past several months scratch card gaming companies have also been looking for the ways to make a comeback to the internet market.

It needs to be mentioned that scratch card games are rather popular in land gambling venues, and the UK online gambling market is already interested in scratch cards. NeoGames, the leading name in the scratch card gaming sector, expressed a desire to partner with an existing scratch card gaming company to make NeoGames’ scratch card games market wider. No doubt, it will be hard for  NeoGames to compete with online casinos, and the company will need a very strong implementation strategy while working with the UK scratch card market through Scratch.co.uk.

WMS Changes Image

WMS Games, a major land slots machine seller operating in 9 different countries and in different markets, is to launch a WMS branded online casino into the UK market.

The company’s UK branch will serve dual purposes now: it will focus on the land slots and will be running a large-scale WMS online casino. The Current CEO of WMS has got enough experience and knowledge in the international gambling industry to prepare the group for the launch into the competitive market of online casinos.

Launching the online gaming site, WMS, for sure, will change the company’s image.

Bet24 Becomes Cruptologic’s First New Licensee of 2010

Cryptologic, having signed an agreement with Bet24, Scandinavian online gaming company, will license at least ten of its most popular online casino games to Bet24 including branded and non-branded slot games. The games are to be launched in the Games portal of Bet24, of them two are already live – Cubis and Bejeweled, and the remaining games will be launched throughout this year.

Gaming Technology Solutions made Cryptologic games available to Bet24 customers.

Online Casino Betting Channel to Launch into the UK Market

With several stations already operating on the Sky Network and allowing internet betting services, the world is glad to welcome the new Betting Channel offering a unique live streaming betting station that enable sports wagering through a channel authorized by the British Broadcasting Corporation.

The new betting channel will stream live betting for only a few hours a day in the morning. It is planned to extend in future its hours of operation up to 6 hours daily. Run through the channel, the live streaming TV betting will operate through the Betting Vhannel.tv site.

Alan Bentley, who will co-host the show, turned out to be the main figure standing behind the launch of this new betting product that is intended to provide entertaining medium and the latest wagering odds.

New CEO to come to Ladbrokes

Ladbrokes, an internet-based gambling company, is looking for a new CEO to replace Christopher Bell.

The current CEO had to struggle to propel the company out of the global economic recession, however, his success has been rather limited. Eventually, the Ladbrokes investors decided it’s time to find a new leader. Christopher Bell accepted the investors’ plan and stepped down from his position.

The new CEO might be hired from within the company (there are some very strong choices) or outside it.

Shay Ben-Yitzhak Chooses Family

Some changes in the upper level management have taken place at 888 Holdings this month. The founder of the company, Shay Ben-Yitzhak, has resigned his position to spend more time with his family.

Ben Yitzhak held the full-time position of non-executive director at the online casino gambling group. With his presence, 888 holdings has become a leader in the market for strong content. The company claims that he has nicely contributed to the group’s growth and now can finally focus on his family.