March, 2011

Latest Casino News



Jackpot Hit at bet365

GBP101 705 for a lucky grandpa Online gambling company bet365 this week reported a major jackpot hit on Playtech’s Wall Street Feve...

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Online 'Mini Casinos' Closed in Police Raid in Malaysia

Five internet gambling locations closed down In this week’s raid conducted by the Malaysian police in Kuala Lumpur, five “mini casinos” were closed down thanks to the discontent of the nearby businesses. Their owners reported that those “casinos” have worked 24/7 and that people there were very loud, hostile and were causing trouble and disorder. During the po...

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Russian Online Casino Gets Closed

Operator's identity is known but unrevealed to the public This week, it’s been reported that an unspecified Russian online casino was closed in a police action of the Interior Ministry “K” agency. On that occasion, the police seized computer equipment and 27 millions rubles in cash, which is around 1 million dollars. Since the authorities haven’t revealed any...

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Online Slot Players Strike it Big

Some even repeat success The past week was very lucky for some players, especially for the one identified as Armin B., who gave six online slot machines at JackpotCapital.com a try over a two-day period, and scored a win after each session, in the end boosting his bankroll with $139 957.77. He stated: “I had p...

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NetEnt Presents New Releases

Alien robots and Dallas-themed games Unibet online casino will enrich its offering this week, adding Net Entertainment's new game, "Alien Robots" to its offering. This is a 30 bet line with 243 ways to bet, and it features free spins, scatters, and expanding sticky wilds. Apart from this...

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Update: Legalization Shindig in The US

All the legalization developments in one brief article Much has been done since the beginning of the year in terms of online gambling legalization initiatives throughout the United States, with draft bills and proposals springing all around the country attempting to legalize the pastime at both state and federal level. The path favored by land gambling grou...

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US Punters Lose eCashUS?

The popular processor falls victim to another federal action? Despite the numerous online gambling legalization initiatives in the US, both on state and federal level, it seems like this popular pastime is still at the aim of the federal bodies, with another eCash processor going down this week. It’s still highly uncertain why the eCashUS processor, favored...

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Deloitte Adviser to Cryptologic

Is the games provider in trouble? According to a recent announcement coming from a well known online gambling technology and games provider Cryptologic, the company may be experiencing a serious financial crisis, which may even result in its sale. Namely, the company was forced to appoint Deloitte Corporate Finance as an independent financial adviser to assist...

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Update: Dutch State Council Rules in Favor of Betfair

Legal dispute between Betfair and the Netherlands government comes to an end Immediately after the Dutch government made a turn in regard to online gambling, it was reported yesterday that in the trial between the Netherlands’ government and Betfair, the Dutch Council of State adjudged in favor of Betfair, the world’s biggest betting community. The confrontati...

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New Releases Hit Online Gambling Market

NextGen Gaming presents new games A whole host of new games was presented this week by online gambling game developers NextGen Gaming, which decided to partner with bet365 in the launch of a numb...

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Ownership Change in eCOGRA

Management buy-out of the player protection, software testing and standards body The latest major industry buzz refers to the management buy-out of the London-based player protection and standards body eCOGRA, led by chief executive Andrew Beveridge. It has been specified that the new ownership structure will not include software or other service providers or...

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Update: Thursday Set As a Green Paper Day in Europe

European Commission is to release the long – anticipated Green Paper on Online Gambling European Commission is prepared to publish a long-waited Green Paper on Online Gambling on Thursday this week. This will start off an open public consultation process and one of the key goals will be a harmonization of individual and different laws on gambling in 27 states...

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VegasTech Presents Its New Release

Kanga Cash brings numerous winning opportunities It has been announced by online gambling software developer Vegas Technology that it has released a new 5 reel 25 pay-line game, titled Kanga Cash. This colorful new launch works on a theme from the land Downunder, and it provides a lot of winning opportunities. Namely, it introduces a number of special featu...

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Integra Gaming and Playtech Close Licensing Deal

Playtech an exclusive platform provider for Grand Duke Casino According to this week’s announcement made by software developer Playtech, the company has closed a new licensing agreement with Integra Gaming Ltd to become the exclusive platform provider for Integra's new online venture - Grand Duke Casino. The new casino is licensed b...

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Update: Bwin-Partygaming Merger Sanctioned

The deal to be completed The merger between PartyGaming and Bwin this week received an order of the Supreme Court of Gibraltar, which sanctions the merger, entering into force on 31 March 2011. Prior to this, Bwin announced “that the merger had formally been entered into the companies’ registry in Vienna, Austria by the Vienna Commercial Court,” that it rec...

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Rank PLC Gets Financial Boost

Big tax refund sees another obstacle Following the successive rulings of the First-tier Tribunal’s tax chamber (formerly the VAT and Duties Tribunal) and the High Court, the UK-based online and land gambling group Rank plc has received GBP 74.8 million in overpaid VAT from Her Majesty’s Revenue and Customs. The sum includes VAT paid on gam...

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No Changes in French Taxation Before 2012

Finance Minister: changes may come only after presidential elections It’s no news that the French online gambling market has been known for its excessive taxation rate, which according to the claims of the operators present in the market, diminishes their business success. And despite these complaints, and allegations that this issue will make it to the age...

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Israeli Police Strike a Blow at Illegal Online Gambling

Millions of shekels in the game, estimate Police The latest reports from the Israeli media include information about a police action in the Lachish region, which resulted in the arrest of fifteen people on suspicion of money laundering and ru...

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Update: Graf New Chairman for UK Gambling Commission

New appointment includes another role It was announced this week that the current Deputy Chairman of Ofcom, Philip Graf, has been appointed the new Chairman of the UK Gambling Commission, from the beginning of April, for a period of five years. This position also includes the role of Chairman Designate of the body which will be created by the merge of the Gamb...

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New Smartphone Release from IGT

Jacks or Better now available for smartphone platforms This week’s news reported of a recent venture into smartphone sector by a gaming developer, International Game Technology (IGT), whose recently launched "Jacks or Better" video poker is now available to all iPad, iPhone, iPod Touch and an...

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