Who’ll Win the Tender?

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A number of companies such as Intralot, Greek online gambling company, Turkcell, the Turkish mobile phone operator, Turkish Dogan Yayin Holdings, Italian Lottomatica and Snai and Ladbrokes, British sports betting company, were making bids over a tender that took place in Turkey for a sport betting company called Iddaa.

On October 16, Intralot and Turkcell made their best bids via their joint venture “Inteltek”. Now, the Turkish authorities have to determine whether to grant Inteltek the rights to operate the sports betting company or not. The decision is to be taken within three days. But if the rights granted, they will operate the sports betting company for as long as 10 years.

Lasseters Online Closing

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It has become known that the story of Lasseters Online, one of the first online casinos to take bets on the web, has come to an end.

The Unlawful Online Gambling Enforcement Act turned out to be the beginning of the end for Lasseters.lack of proper oversight, management and overal vision for the online business caused hardship for the company. Besides, last year it took a $15.5 million loss in revenue. Since then, the financial losses of Lasseters have been multiplying.

An auditor review has shown that the things cannot be turned around. As a result, Lasseters is no longer competitive on the Web and is closing its doors.

Korea – the Next Hotspot for Online Gambling Market

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With the possibility that Korean market will be extensively legalized in the coming years, lots of gambling companies are looking for footholds within this market. Korea is supposed to become one of the most extensive and lucrative gaming markets in the world, the market worth an estimated $1.7 billion in 2009.

According to the latest market research approximately 80% of the households in Korea have internet access. The number of online gamers is huge and it is still growing despite the fact that online gambling is not legalized there. There are also lots of cyber cafes where gamblers spend hours playing skill, casual and increasingly multiplayer online role playing games. In fact, unlike Europeans heading to online casinos, Koreans head to gaming portals.

Cryptologic deals with GTS

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CryptoLogic, a world leader in online casino and gaming software, announced a partnership with Gaming Technology Solutions PLC (GTS), a top world’s provider of platform solutions for internet gaming operations.

This partnership is consistent with the strategy of CryptoLogic to increase the amount of market leading online casino sites offering their games. GTS’s impressive list of customers includes Bwin, 888, Unibet, Betclick, and Expekt, and many other leading brands.

Under this agreement, CryptoLogic’s top games will be available to GTS customers via its EdGE (Enhanced Gaming Engine), a proprietary games platform. By the end of the first quarter of 2009 ten CryptoLogic games will be live on their platform for customers of GTS.

CryptoLogic’s President and CEO, Brian Hadfield said: “We have just connected CryptoLogic’s leadership in online gambling innovation with GTS’ capability to serve the world’s top-tier gambling operators around”.

EdGE is a leading, cross-channel content provider platform offering access to highly popular games created by first class developers such as CryptoLogic. EdGE facilitates fast new content delivery across multiple languages that include all the European and main Asian languages such as Japanese, Chinese, and Korean, domains and currencies. Casino, sports, bingo, puzzle and soft games can all be provided as downloadable or browser-based client products.

Steven Matsell, GTS’ Business Development Director said: “Our operators deserve market top casino products — and CryptoLogic just offers some of the global most recognized brands”. “This partnership makes perfect sense to us.”

In last months, CryptoLogic signed deals with PartyGaming, 888.com and Orbis.

With over 200 games, CryptoLogic has one of the most all-embracing casino suites on the Web at the point. CryptoLogic has received rave reviews from industry players and peers, and in 2008 got Gambling Online Magazine’s Top Casino Software award for the third time.

Atronic Partners with Cantor Gaming

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Thanks to the deal signed with Atronic, the leading slot machine manufacturer, Cantor Gaming has got rights to some Atronic slots. Now, they are available in the hanheld and online gaming format that Cantor Gaming provides.

The deal seems to be exciting for both sides. Atronic has expanded “access of their players’ favorite games through Cantor’s mobile devices within casinos and legal casino markets”. As for Cantor Gaming, they are trying to do their best in providing their players with high quality proven games in professional and lawfyl manner.

Will Bodog Be Put out of Business?

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After a year of patent dispute between Bodog and First Technology, Bodog seems to be losing it.

First, Bodog’s representatives failed to appear in the courts for the first court dispute. As a result, the company was issued a $48 million default judgement in the case. Later on, Bodog’s CEO, Calvin Ayre, refused to pay pay up the default judgement.

To recoup the payment, a Washington enforcement court authorized First Technology to seize the domain name of the online casino gambling site what took Bodog by surprise and cost them some money. Nevertheless, the move hasnot put the company out business.

Recently Bodog has filed an appeal in the Federal Curcuit Court of Appeals and it was denied. Now the company is in more than $50 million default fines.

Jackpot as a Present to Birthday

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A lucky 21-year old gambler, Matt Styles, hit a huge online jackpot just a day after his birthday. The UK player won nearly GBP 200,000 playing at one of Ladbrokes gambling sites.

Ladbroke’s Deal or No Deal themed progressive game, so popular in the UK, has built up a GBP 196,633 jackpot within the year and the UK gambler became the first winner to have hit this huge jackpot at Ladbrokes.

Styles has already decided what to do with the winning. He will certainly buy a car and take a vacation, but besides that, he is going to make some investments.

Casino Tropez Adds New Slots to their Playing List

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Casino Tropez has announced a new addition to their great number of casino games: Wild Spirit (a 5-reel 20-line slot) and Silent Samurai (a 5-reel 9-line video slot).

Silent Samurai features Scatter symbols and a bonus round where players throw weapons to fight off an army of 20 ninja warriors. Besides, the game features a “gamble” option which allows players to bet double or nothing that that the next card is red or black.

Based on a Native American theme, Wild Spirit features an entertaining bonus round. Visiting Shaman, players have their fortune told through mystical symbols, and every symbol brings with it a prize.

Both games are exclusive in the online gaming world, and great entertainment is guaranteed.

Ireland Might Accept Online Gambling

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Usage of online casinos as a source of revenue for the economy is pretty wise. And the generation of new jobs is its important part.

Thus, the Gaming and Leisure Association of Ireland has elaborated a plan regarding casinos in the country. They would very much like to make casinos public, to regulate and legislate them in Ireland.

In accordance with the estimates of the Association, 10,000 jobs could be generated by the gambling industry what is believed to be as high as $68 million annually.

With figures like that, the chances for acceptance of online gambling in the country are pretty high.

Online Casino Gambling and its Morality

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Opinions on industry’s morality vary. And one of the major objections to the internet gambling industry is the fact that online gamblers are able to use credit card money while playing online what, as lots of people think leads to gambling addictions huge debts.

With the internet gambling getting so popular all over the world, lots of land casinos have started offering their services to online casino sites, thus attracting gamblers to the internet gamling sites. Still, at the same time there are some companies having moral issues with online casinos because of the acceptance of credit cards. There are ven some clubs in New South Wales and Australia who have moral objections to internet gambling.

However, despite the moral issue is discussed all over the world, internet gambling is booming.