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Archive for the 'gambling news' Category
September 27th 2009
This month Rival Gaming has released a new slot machine called Moonlight Mystery Who-Dunn-It? for its online casinos. The game has been launched at Sloto’Cash Casino.
Moonlight Mystery slot is based on the Sherlock Holmes theme and has 5 reels and 15 paylines. It is also a penny slot so it suits different bankrolls. Moonlight Mystery is set in London in the 19th century. The characters wear clothes that were fashionable that time. You seem to be in that era when Queen Victoria ruled.
The slot offers its players all the things that attract attention as a rule. The Poison Bottle is the wild. During free spins the Poison Bottle becomes an expanding wild meaning that it covers the entire reel. The Lantern is the scatter. Three or more of scatters appearing anywhere on the reels trigger the free spins round where the player gets 10 free spins. The most interesting symbol is the Body. Three or more of them trigger the Who Dunnit Bonus Round Game.
A shot clip starts the bonus round. The player sees a dark rainy night when a murder has been committed at Dunnit Manor. Then the player has to help the Inspector and the Doctor Watson solve the mystery. He should select the crime scene, weapon, culprit and motive. The player chooses from four items for each part of the bonus round. Every item has points that reveal after the player has chosen it. The maximum amount of coins the player can get is 5,000.
September 26th 2009
According to several experts working for the online gambling industry, September has been a busy month for online casino operators as they are getting ready for the winter months. They say that players from all over the world, including the USA are looking forward to the launch of new great and exciting online casinos.”
Here are some latest online casinos that really have something to offer their players worldwide, including the United States.
Aladdin’s Gold is quite a new online casino that works on Realtime Gaming software. It is an exciting place. The animation, graphics and sound effects on the site are breathtaking. The casino is ready to offer some huge bonuses, for example, the 200% up to $2000 match bonus on any deposit during the first 7 days of membership. This online casino is quickly becoming popular among players. The big plus of the casino is that it accepts US residents.
Three more new Realtime Gaming casinos were launched recently, all of them welcome US players. Planet 7 casino gives a 100% up to $777 first deposit bonus. Silver Oak Casino offers new players a $1777 welcome bonus and Royal Ace Casino gives new players a $1000 first deposit bonus. All these casinos have wide variety of RTG games and also offer their members several multi-million dollar jackpots.
Intertops Red also accepts players from the USA after they have changed to RTG software and offers now a $620 sign up bonus.
September 26th 2009
The investigation of the online poker scandal connected with Ultimate Bet is concluded by the regulators that oversaw the gambling site. It is possible that fines and criminal charges are fined.
At the end of 2007 and early 2008, players at Ultimate Bet had noticed some usernames winning incredible hands with some statistical deviations. When they kept track of hands seemed suspicious it led to the revelation of a software glitch which allowed those players to see all the cards which were dealt at a table.
The Kahnawake Gaming Commission has conducted investigation into the cheating scandal at Ultimate Bet poker room for a long time and it has just been finished. The Commission has released its findings, according to which the owner of Ultimate Bet, Tokowiro was fined $1.5 million. Ultimate Bet also has to pay restitution of more than $22 million to those players whose outcomes were involved in compromised hands.
Russ Hamilton, former world champion, is declared to be responsible for the unfair play. A total of 31 persons are included in the list of suspects, their identities aren’t disclosed.
According to Kahnawake officials, the information has been sent to law enforcement authorities, and now they must decide if there is enough evidence to start criminal charges. More than that, they have placed Tokowiro and Ultimate Bet on a year’s probation.
At the moment lots of online poker groups called for a more strict investigation, and interested why criminal charges had not brought yet. The Kahnawake report will calm some of the protesters, though the problem of conflict of interest remains with the regulatory agency still.
August 19th 2009
The famous poker player Doyle ‘Texas Dolly’ Brunson who is known as the Patriarch of Modern Poker has confirmed that he is going to take part in the Budapest Affiliate Conference which starts on the 11th of September. Brunson has got the invitation from iGaming Business which is the organizer of the conference. Brunson will have the special session for the delegates attending the event.
Doyle Brunson is the living legend of the poker industry, he has organized the first ‘World Series of Poker in 70s. In 1976 he got his second bracelet, ten years later he won the tenth surpassing the public’s expectations. He has already celebrated his 75 birthday, but even now he doesn’t want to retire and leave the business and regularly plays poker.
Brunson has his own website DoylesRoom.com which has been renewed recently. This site is dedicated to the brand as a whole and to his game in particular. The conference is the perfect opportunity to supply the site with the Affiliate database. Brunson wishes to establish the special affiliate program for his site in order to DoylesRoom.com becomes one of the leading poker rooms.
Brunson has already played with the best poker players, but this conference allows to communicate with the legendary gambler and probably to make some important business decisions. There is one great advantage of the coming conference, it is free, so all the delegates will be able to meet with Brunson and discuss the most urgent problems. If you wish to take part in this event you need to register at the site.
August 19th 2009
CasinoClassic.com performs the new slot game during the 96th famous cycling race Tour de France, Pedal Power slot machine has the related theme. This is a 5 reel, 15 payline game from Microgaming, it has perfect graphic and sound effects, and some number of attractive features, you can easily recognize the classic cycling race. It is based on the Viper technology which allows depicting vibrant colours.
The new casino game has the second screen bonus feature which offers to the gambler to choose different number of free spins and multiplier number: 25 spins and 2x multiplier, 10 spins and 5x or 5 spins with 10x. In such a way if you play max you have a chance to win up to $79,400. Casino Classic is one of the most reputable online casinos popular for its reliability and the great choice of games. It offers to the players more than 300 flash games, the most part of them are slot games, video poker and blackjack. The welcome bonus for new players is also very attractive, you will get $500 free for the first hour of gambling. Playing free is the great opportunity to learn new games and get the gaming experience but the most useful point is the fact you can add money you win to your account and spend them playing for real money.
Casino Classic has the widest choice of game and all of them provide the lowest bet level, from just 1 cent, so the players with the different budgets have the opportunity to gamble. The great example is one lucky gamer who has won $5.5 million playing Mega Moolah progressive slot after the bet equal to 50 cents.
May 31st 2009
Gigamedia Limited has a banner 2008 year with full-year revenues reaching a record $190.4 million which is up by an astounding 25%. Net income hit a new high of $44.4 million for 14% growth while earning per share are impressive at $0.82 (basic) and $ 0.74 (fully diluted).
Nasdaq-listed Gigamedia cheered investors with fourth quarter revenues of $44.6 million, a net income of $9.1 million in a difficult economic environment and earnings per share of $0.17 (basic) and $0.15 (when fully diluted). CEO Arthur Wang reported that these solid results indicate the correctness of their business model. He expects 2009 to be a great year also but admits they have to do some cost cutting measures to protect long-term profitability.
Company president Thomas Hui believes they can still deliver strong growth but worries that online poker and online casinos will face new pressures from an increasingly tough global economy. He thinks past investments and a fully implemented cost reduction and increased efficiency plans will help them weather the financial and economic storms besetting the region. He says the on-line gaming and entertainment industries have good fundamentals and will still grow but at a slower pace this year.
GigaMedia Limited, through its subsidiaries, is an online gaming software developer. Its gaming software products comprise Online Gaming Management and Online Gaming Modules that run on Microsoft Windows 2000/ME/XP/VISTA, and features a realistic 3-D environment, selectable background music, and local language interface.. GigaMedia Limited provides online games and services,such as MahJong and various card, chess, and table games. It operates in Taiwan, Macau, Hong Kong, Canada, and the United States. The company was founded in 1997 and is headquartered in Taipei, Taiwan.
May 31st 2009
Nowadays many countries all over the globe reconsider gambling legislation, in connection with this fact India becomes more attractive for online casinos. This country has the large population and fast developing economy, that’s why the gambling market has the great potential. Indian market is open for online casinos and internet gambling, such processes as massive creation of the workplaces are the great advantages of the country. Online casinos and other companies working at the internet try to lobby the creation of more open and loyal gambling laws. Today the Public Gaming Act is the main document regulating the sphere of gambling, but some experts say it should be updated and renewed.
The position of internet gambling sites in modern India is quite complicated, because in fact the government can’t control the numerous offshore online casinos, the most part of existing laws concerning to the sphere of gambling neither work no enforce restrictions. If you wish to play online you can find a dozen of different payment methods, and the ban just can’t prevent you from doing it.
But what shell the government do in such situation? The world of gambling is full of money and it is certainly extremely attractive for the gamers. The good decision is to establish new gambling legislation and correct taxation, in such a way the general public will get the legal access to online casinos and the government will be able to control the process and collect taxes. The first step in this direction can become the renewal of existing Public Gaming Act.
May 8th 2009
Now MGM Mirage is under the threat of the bankruptcy, in spite of it can save the City Center development. This is the Wall Street assessment which has been known in a day after MGM Mirage and its partner Dubai World accepted the plan of fully funding City Center. The experts says that MGM Mirage should sell several of 9 casinos or some of the holdings in order to prove its liquidity, because the company has $13.5 billion debt.
The financial covenants of the company has got the second waiver from the lenders concerning of the plans of developing City Centre. In such a way in 15 of May MGM Mirage will face a deadline for restructuring its finances, otherwise the risk of defaults can cause the bankruptcy.
Andrew Zarnett, Deutsche Bank analyst, announces that investors are waiting for sale of hotel-casino, such measures according to his opinion will help to reduce the debt and diminish the risk of bankruptcy. But the official position of the company is another, MGM Mirage says it has enough options to solve the problem without sale the casinos.
The investors were glad to know the plan of the City Center developing and it caused the great success on the New York Stock Exchange. So the company’s stock opened about 60% higher. On Thursdays MGM Mirage traded approximately 72.5 million shares that meant it ended at $8.38, which is equal to 35.6%. But Robert LaFleur, gaming analyst, thought he was quite surprised by the recent increase said it couldn’t play a big role and the fact of avoiding the bankruptcy couldn’t guarantee extension of the stock value.
May 4th 2009
The sphere of gambling is permanently changing in order to attract attention of the new visitors and interest the regular gamers. That’s why online casinos and companies developing the software always search for new technologies and the ways to refresh the image. Popular modern advertising agency M&C Saatchi has performed completely new ad for Ladbrokes. The problem is the watchdogs from Advertising Standards Authority (ASA) has been already banned several advertisements made by M&C Saatchi on demand of Ladbrokes. Ladbrokes is one of the top companies united the wide group of online casinos and poker web sites, the aim of new ad is to bring some humor and at the same time do not leave the limits of ASA’s requirements.
But the advertising regulation of the gambling industry is the new field and it is still quite ambiguous. All the previous ads which have been banned are called exaggerating and demonstrate some risky behavior at casinos. A lot of other online casinos have been greatly surprised and even shocked by such decision, the fact of blocking the Ladbrokes ads has filled many people with indignation.
The latest ad uses the picture of the giant lemur in order to smooth the situation, but it still contains the basic idea of two previous advertisements. This ad convinces us that gambling is just a way to spend the free time with fun, you don’t run the risk visiting online or land casinos and other gambling sites. Unfortunately now the official reaction of ASA is unknown.
April 21st 2009
If you are aware of all that has been happened around the UIGEA (the Unlawful Internet Gambling Enforcement Act), it won’t be unexpected for you to hear the last announcement of the EU about the US position in the online gambling world. The European Union inclined the United States to annul the ban; as this ban is the violation of WTO standards. They made the investigation regarding the ban but they hadn’t published its results officially until recently.
Now these results have been announced officially and though they are rather incriminating, this fact does not shock anyone. According to these results the USA break the World Trade Organization standards prosecuting and blocking foreign online casino gambling companies in their country. Besides, the report shows that US Department of Justice tries to pursue everyone who allows US citizens to play in foreign online casinos.
Congress knew that the report would be published. However all warnings was unnoticed by the Bush Administration, even understanding that the country would be in great trouble for such policy. So, now the US should decide how they go from this situation and if it will be possible to recover from the damage that the online casino industry has had. Before going and filing an official charge with the World Trade Organization, the European Union will try to discuss a settlement with the United States. They say that President Obama, by himself, will take part in the talks and show us all online casino gambling muddle.
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