December, 2011

Latest Casino News

Update: Online Gambling Liberalization Imminent in Denmark

The country is virtually ready for the new epoch, ID verification glitch aside It’s good news for online players in Denmark, as the country will enter its regulated market era from January 1 2012, providing punters with more competitive and diverse offerings. Apart from the ID verification technical delays, which will cause the full implementation of the ne...

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New Year Honours Listing for Online Gambling Queen

Valuable recognition for Bet365 founder and chief exec Denise Coates The current New Year Honours list, among other names, contains that of Denise Coates, the dynamic founder and chief exec of top UK online gambling group bet365, it has been reported this week and specified that Coates will receive a Commander of the British Empire (CBE) accolade for services...

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Update: Severe Opposition to Legalization in Utah

Online gambling not acceptable in the US State Although the DoJ's changed position on online gambling seems to be observed as an opportunity to raise additional revenues by many of the US states, it’s not the case with Utah, which still strongly opposes the pastime. Namely, an announcement arrived this week from Republican Congressman and member of the Utah...

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Hefty Online Wins in December!

Festive season brings lots of joy to online punters There has been a lot of luck going on this festive season, and the following couple of examples best illustrate it: The first big winner is an administrative assistant from Bermuda identified as Ann S., who on December 13 won $400,000 at the...

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Zynga's IPO a Huge Disappointment

According to observers possibly one of the worst IPOs in 2011 Forbes magazine and Renaissance Capital characterised Zynga's IPO as one of the worst IPOs of 2011. This is to add more struggle to the social games developer during a trying holiday period. This week Forbes reported: "Though Zynga is not included in Renaissance Capital’s year-end review – it did...

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Internet Gambling Developments in India

Associated central government legislation might be a problem Another step forward was made last week when the Sikkim Legislative Assembly unanimously passed the Sikkim Online Gaming (Regulation) Amendment Bill to regulate online gambling in Sikkim province of India. The provincial government has been considering the idea of such an initiative for some time...

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A Nice Christmas Pressie for Norwegian Punter

Mr. Green Casino pays out again It was two times luck for a forty-year-old Norwegian online player over the holidays at the Mr Green internet casino, when he first hit a jackpot worth Euro 137 000 on the Hall of Gods slot machine, and then won another Euro 34 000 on the Christmas Day when he was trying out a brand new...

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Intrastate Online Gambling Is Legal, According to the U.S. DOJ

More info arrives about the unexpected change of heart Ever since the Department of Justice announced its different position regarding the US Wire Act, the industry has been seeking more detail and more answers as per what such a sudden change of heart actually implies. The simplest answer may be – the DoJ assessed that individual states are allowed to lice...

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DoJ Change of Heart Does Not Remove Some of the Obstacles

States that wish to regulate the pastime will face hurdles Another analysis arrived this week regarding the effects of the US Department of Justice's dramatic change of opinion on online gambling and the Wire Act, reminding that the states that seek to legalize the pastime will still face obstacles before they manage to realize their initiatives. Namely, it...

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Update: Non-US Companies also Affected by DoJ Opinion

EU gambling firms’ stock prices grow asw well The first reports that arrived of the impact that the U.S. Department of Justice (DoJ) opinion on internet gambling had on a number of prominent US gambling company stocks were amended this week with news that the positive impact did not affect only the US market, but European and British ones, too. Some of the...

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DoJ Opinion Sends Up Gambling Stocks

Stake holders' reaction to Department of Justice's announcement Late last week, the U.S. Department of Justice has delivered a clarification on its position on internet gambling and therefore caused a boost in some prominent operators and suppliers' share prices this week. To mention some of them, Scientific Games Corp with significant 15.37 percent, Wynn R...

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NetEnt Introduces One of Its Newer Releases

Simsalabim” draws a lot of attention One of the latest online slots released by Net Entertainment is "Simsalabim" – a 5-reel, 25-payline slot that features a magic show theme which has already met good player response. The slot involves an amusing magician whose magic show includes rabbits jumping out of hats, card trick...

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Betsoft’s New Slots Releases

Another two fun themes featured in the latest online slots The latest news from famous software developer Betsoft Gaming involve two new online slots, “Madder Scientist” and &...

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New Titles from JPMi

Land-based releases go online An announcement came from the famous developer of amusement-with-prizes games, the JPM brand, that it has launched some of its most popular land-based games online, through its subsidiary JPM Interactive. The games are powered by JPM’s proprietary software, Gameology, and they include four slots. Hence, there is "Full House", a...

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The Isle of Man to Introduce More Options for Live Tournaments?

The jurisdiction seeks to expand revenue streams One of the Isle of Man Department of Economic Development’s plans for boosting the jurisdiction’s revenues is to amend its Casino Act of 1986 and the Gaming Bettin...

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Another Branded Release from Playtech

The Mummy” arrives into the world of online slots In its cooperation with Universal Studio, Playtech has released the second branded online slot "The Mummy", based on the famous movie of the same name. So far, the game has caused mixed feelings among both industry observers and players, to whom it brings a big range of special features (eight), including s...

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GoDaddy Reconsiders Its Position Regarding SOPA

US act continues to cause controversy Regarding the controversial US act titled Stop Online Piracy Act (SOPA), which has been facing a lot of public opposition thanks to its nature which could enable the internet censoring, a domain registrar GoDaddy has decided to take a step back and reconsider its position in supporting the measure. Namely, despite the f...

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Change of Heart in DoJ?

Great news for the online gambling industry Probably the best Christmas present the online gambling industry could have gotten is the news that there has been a dramatic change in the United States Department of Justice’s stand on online gambling. Namely, this week the body announced that the federal Wire Act of 1961 does not apply to all online gam...

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IPO Filing for Cantor Entertainment

Cantor Gaming’s parent company strives to settle debt and finance listing on Nasdaq A report arrived this week that Nevada-based gaming software developer Cantor Gaming and Wagering parent company, Cantor Entertainment Technology Inc, has filed for an initial public offering (IPO) with US regulators, in which it expects to raise up to $100 million. The fund...

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Great Interest in Spanish Liberalized Market

62 applications for license By the deadline for Spanish online gambling license applications, December 14, the country’s Ministry of Economy and Finance received 62 applications, of which 58 have been accepted for consideration. It has also been specified that 32 of those are Spanish-owned companies, some of which are major players in the gaming and media...

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