Archive for August, 2008

August 18th 2008

New Online Payout Processors

Now online gamblers can play at the online casinos a little bit easier by using new payout solutions from Playtech. Those days when users had to wait for transferring funds, payouts into their accounts and the like have gone. At the present online casino players get access to 2 e-processing companies offering a little more than the ordinary e-processors. Online casino sites powered by Playtech have access to TransSend and InterCash processing companies. This new payout option is available together with the earlier existing payout features. The new options are developed for those subsidiary marketers and also online players who want to have a fast access to their player account balance.

Playtech is sure to be among the top online casino software providers in the world. The company prides itself on providing new services that distinguish their online gambling platform from many on the market. After integrating the Intercash and TransSend payment options into the online gambling platform itself, all casinos powered by Playtech (now over 200 online casinos operate on the Playtech platform) will be able to offer services from these e-processors.

Now there are specific services available to gamblers. They can cash out money from their gambling accounts onto a prepaid MasterCard. The MasterCard works like any ordinary MasterCard account. It gives customers access to the funds at any banks or locations which accept the card, any place in MasterCard’s global network. In fact with these two new e-processors players will get instant access to their funds as contrasted to some of the traditional methods. at the same time these online processors are completely safe.

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August 17th 2008

Clarity is necessary

Four American politicians are really making a stir after they supported openly the online casino gambling industry in a way. Judy Biggert, Christopher Shays, Jim Gerlach, Kevin McCarthy, Republican representatives, do not oppose the notorious Unlawful Internet Gambling Enforcement Act completely but they answered the questions that can cause the UIGEA to continue to stumble. In the fact the UIGEA is completely defective and unenforceable. There isn’t any clear understanding of what the UIGEA means under the words “illegal online gambling.” The banning act was designed to halt offshore internet casinos but it allows some forms of online gambling activities based in the US. As a result, the American government got a confusing set of online gambling regulations.

At the end of the last year a set of draft regulations for the gambling banning act was released by the Federal Reserve Board and the Department of the Treasury of the USA. These disputable regulations resulted in debate and concern from those who supported the online gambling industry and the US financial institutions. The four Republicans sent an official notice to Chairman Bernanke and Secretary Paulson in relation to the online casino regulations.

A specific and justified request is included in this letter. It requests that the two federal agencies withhold the online casino gambling regulations release till they define clearly the exact meaning of “illegal online gambling.”

After passing the UIGEA, the US and world’s online casino gambling got many problems and the controversial regulations are only one of them.

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August 16th 2008

$235,853 Jackpot was hit at CSCasino

CSCasino has the history of some of the biggest jackpots in online gambling. And recently another lucky player has become rich after winning a jackpot of $235,853.00 on the well-known Progressive Slot called Rags to Riches.

This winner of the jackpot is Canadian Nadine T., a CSCasino member. She has been regularly playing the Rags to Riches for ten years. Her devotion to the game was certainly paid after she put some of her money into the slot and quickly won a $235,853 jackpot.

Rags to Riches slot machine is highly popular among players of CSCasino, that is why the game is highly loaded and always have big jackpots. As a result, the online casino members often hit large jackpots. Additionally to the recent jackpot of $235,853, the jackpots that were previously won at CSCasino were $152,000, $404,273, and the casino also paid out $414,119, one of the biggest jackpots in online casino history.

Johnny Jordane, pit boss at CSCasino said that they felt that somebody was going to hit the jackpot soon as Rags to Riches progressive slot machines are very popular among the players because of the fact that CSCasino players win frequently on them.

Now CSCasino will offer their online players more incentives to play the Rags to Riches slot. They offer a $100 slots bonus when playing on all their popular slots such as the popular Marvel slots, Bejeweled slots and the Millionaire’s Club progressive.

It isn’t surprising that CSCasino and their parent company have won a lot of gambling industry awards. Gambling Online Magazine awarded the casino “1st place for Progressive slots” and Strictly Slots Magazine gave it “Best Customer Service”.

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August 15th 2008

The acquisition of Cantor Gaming

Cantor Fitzgerald group, based in New York, is already in a good proprietary technology position in the new mobile gambling market on licensed brick-and-mortar casino premises. Some time ago it acquired Michael “Mickey” Wichinsky’s family of businesses by Cantor Gaming, its subsidiary.

Cantor Gaming, an affiliate of Cantor Fitzgerald LP, is considered to be a unique gambling development company that is based outside the USA because it manages to circumvent successfully all the controversy which surrounds the online gambling industry in the US. Cantor Gaming is even supported by much of the land casino gambling industry. It launched a ground-breaking on-premises gambling device at Las Vegas land gambling casinos and is going to launch the on-premises mobile gambling devices at all the land casinos in the country. With this acquisition Cantor Gaming gets one of Nevada’s biggest portfolios of games, developed more than 50 years.

They developed the mobile product in order to allow land casino players to use the mobile devices to play and bet from any place on the facilities of the company. Such devices can be used by the swimming pool, in the cafe or in the hotel room.

However, Cantor Gaming isn’t satisfied only to launch the on-premises mobile device. So it has also designed a mobile gambling device which is similar to the mobile internet gambling in the United Kingdom (the difference is that Cantor Gaming mobile gambling device may pass through the US law that does not allow foreign online casinos to operate in the American market).

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August 14th 2008

Seizing Online Casinos

The Bodog Entertainment online poker gambling group has been penalized as it has been using its payment processors inside the USA after passing the UIGEA that provoked a two year investigation into the online casino. $24 million is the sum that was seized from the Bodog payment processors, in spite of the fact that all the player funds were given back smoothly and quickly after the ban had come into force.

According to Alwyn Morris, the CEO of Mohawk Gaming Group, Bodog paid out money to all the players in the end and all these transactions were safely made. He said that outsourcing to third parties payment processing functions is an ordinary aspect of the online gambling industry, and that the single reason they’ve been so much rebuked is the unsteady legal background for online gambling in the United States.

However, the agent of the investigation submitted an affidavit in support of the casino payment funds seizure, stating that the Bodog Entertainment sent payments to the US-based money processing entities in order to keep on making payouts to its clients. He explained that such processors operated under a series of different business names, for example, dba ZipPayments.com, EGALO, etc. The agent discovered all this after he had gone undercover as a gambler at Bodog and playing more than $3500 for two years. Then he claimed back $1500 of the above mentioned sum from the Mercantile Bank that bounced and the Bodog Entertainment had to replace it with a new cheque.

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August 13th 2008

UK Online Betting Statistics

The Gambling Commission of the UK with the ICM Research help gathered data to measure the long term and immediate effects of a liberalized gambling sector which includes currently internet gambling regulation and additional land casinos.

Following the survey data for this April, the July report shows that there was not a spike in gambling activities - to the disappointment of anti-gambling advocates otherwise hoped to defend their position. Since last September, the Commission has been getting sufficient information through the surveys to trend data figures for every quarter. And the tendency is that casino gambling in the United Kingdom is under sufficient control.

With increased land and internet-based casino gambling options you have been able to face a justifiable uncertainty to a little extent. However, the Commission as well as gambling experts has been confident from the beginning saying that regulation causes better scrutiny and protection of the gambling industry.

According to the latest survey, last year 8.8% of the UK adults took part in one form of remote betting as a minimum by means of a PC, mobile phone or interactive TV. The most interesting fact is that almost half of this number was adults participating only in National Lottery games through remote means of betting.

The average internet bettor of the United Kingdom is a grown-up male of 18 - 44. Though there were not any statistics specially taken concerning online bingo, we could assume that the bigger piece of internet bingo activities is made up by female bettors. Online gambling by means of PC remains the most favourite form of remote betting (almost 7% of the surveyed), then goes betting by mobile phones and interactive digital TV.

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August 12th 2008

New design of BetUS

All the internet-based casinos are always trying to find new ways to have an advantage in the competition and one of the best way to do this for some companies is to redesign older sites in order to revive interest in their company and their online gambling products. BetUS is the latest site that has announced a new modernization and redesign. BetUS is quite a famous and established name in the world’s online gambling industry. Also it is a well-known poker site. In addition it offers a top sportsbook product. Players who decide to gamble with BetUS have an enormous selection of online gambling opportunities. And at the moment they are sure to be able to find the right games even easier after the site’s redesign.

The new site is smoother and has in mind the end user all through. The BetUS gamblers can navigate the new BetUS site simpler and also transit seamlessly to other BetUS online gambling products from the casino tables to sportsbetting, the website provide their gamblers with a wide choice.

Already the lobby at the online casinos of BetUS is going over positively with the online players who took part in the beta testing launch of the site. Now any BetUS player can enterthe site and surf through the new interfaces.

The majority of the new options are available to online bettors rather than online casino visitors. For online bettors the smooth redesign is an opportunity to view instantly the upcoming games, the currency for the bets, the odds, and a great deal of new extra features.

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