Category Archives: Gambling News

Massachusetts’ Resident Breaks the Law

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Todd Lyons, Massachusetts’ resident, has been charged by federal authorities for illegal Internet gambling operations. Todd Lyons is reported to be the first person from that state to be charged with breaking the rules as provided by the UIGEA.

Lyons was arrested for his connection as the prime representative in Massachusetts of Sports Offshore, an Antiguan bookmaking operation. He was charged with money laundering, racketeering and operating an illegal gambling business. He’s been released on $200,000 bail. He should appear in court on June 21st and is about to face 20 years in prison for each of the main counts.

Bet365 Gains Attention Again

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Bet365 is reported to have made a list of the UK’s top 100 companies in terms of profit growth.

And Bet365 is the third on this list. The company claims to have their profit increased by 138%% over the past three years. Thus, in 2006 its profit came to GBP 5.2 million, while in 2009 it totaled to GBP 70.8 million.

The company’s headquarters is located out of Etruria, Staffordshire. 800 employees run its international facing online casino gambling and betting services.

Tibboh Offers Web Content Filtering

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Tibboh, one of the key Internet Service Providers in the UK, has recently announced a plan of web contact filtering to fight the problem of underage gambling. Tibboh plans to go through billions of sites and classify them based on their topics. Then, having a rating, parents will get a chance to block the unwanted pages from their home computers without a password.

The rating is said to be based on appropriate age – from U to 18. Users logged into Facebook with a set ID can then be blocked from online casino and dangerous sites using internet filters.

Tibboh claims that this system intended for use by parents with underage children will not be used in masse without the permission of UK households.

Freedom of Speech or Separation?

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There have been some concerns lately about the fact that Ladbrokes, the UK online casino gambling company, has decided to get involved in the UK political scene by schowcasing the company’s opinion on how UK citizens should vote in the upcoming elections.

The question is if the internet gambling companies should be separated from politics. Staying out of politics, certainly, doesn’t give freedom of speech, however, there are some people who believe that the online casino sites should remain clear of politics.

It needs to be noted that Ladbrokes has merely expressed an opinion, and the company’s adds are tactful. To say more, there is no way to keep online casinos from expressing their opinion, as long as the adds stay within the guidelines.

Be Alert

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Online casino gamblers need to be aware of the risks when they download software from the internet.

Symantec, one of the biggest names in computer software security and anti-virus protection, has recently released a notice to consumers saying that fake security software is one of the number one types of cyber crime on the internet right now. Gamblers know that they might be at risk while playing online, but what they don’t realize is that the easiest way to get into your computer is by having you install the software yourself.

Semantec suggests that gamers should make sure that they have a very strong and well known antivirus software running on. Don’t impose yourself to the risk of getting a virus onto the computer by downloading some unknown program.

The Philippine Gaming Market Gains Strength

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PhilWeb Corp, a company operating the bulk of all legal online casino gambling in the Philippines, is reporting good profit and growth for the first quarter of the year. The Q1 profits have shown a 42% increase over the same quarter last year.

PhilWeb has been doing incredibly well this year, and mainly thanks to the games at Pagcor – one of the largest gaming companies powered by PhilWeb. As a result, the two companies have manages to create a strong subsector of the market. In addition to that, new PEGS café operations launch games throughout the Philippines attracting new players and bringing new revenue.

PhillWeb is expecting the profits to grow throughout the year of 2010 and likely over the next several years as well.

Taxing Online Casinos for Economic Benefit

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KPMG is an accounting and advisory group around the world struggling for better regulation of the gambling industry.

The group claims that an increase in taxes with online casinos, e.g., would bring a country more revenue. Thus, the Australian government states that their industry will grow by 42% in the next two years what leads to $30 billion in revenue growth. Another example is China and Korea. Both countries have bans on online gambling, and both are fighting against underground online casinos, many of which are scams. So, regulation of online casino gambling industry there would help their economies and generate more jobs for their population.

Everyone Counts

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A new and innovative agreement between Chartwell Technology, an online casino software developer, and a land based company in Austria makes the existing gap between the main sectors of the global gambling market less visible.

So far, land gambling venues have been rather reluctant to accept the online casinos fearing the fact that they’ll replaced by online casinos. However, pros and cons of the internet gambling industry are clear. The online casino gambling industry brings in new technology and combination of gambling experience, and has a global nature.

However, nobody has written off the land venues yet. So, the relationship between the online casino gambling industry and the land gambling venues is crucial for the future of both. Running jointly, they’ll be able to create the long-term future of the gaming industry in general.

Mantiba’s Official Consider a Possibility of State Run Gambling Site

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The province of Manitoba, Canada, is the latest province to announce the consideration of new internet gambling laws.
At the moment the officials are considering the law only, but there is a chance we may get it soon.

According to Steve Ashton, the Lotteries Minister of Manitoba, all the implications of a legalized gambling industry are to be taken into consideration before making any decisions. The decisive action will not probably be made until the end of the year.

The key motivating force in Manitoba is the launch of a state run online casino betting and gambling site that would offer a safe alternative to the already existing market.

White Label Platform for Beast’s Network

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The Beast Gaming Group is about to offer a white label poker site to the European market (the final stages of preparation are in the process now).

Beast has been looking for high quality gaming platform for quite a while and has finally found one white label platform designed by Intelimax. The platform allows great flexibility.

Beast Gaming hopes that their existing online casino players will respond well to the new internet poker platform.