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Archive for June, 2008
June 28th, 2008
The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the USA just 2 years ago and since it came into force legal battles over its effectiveness concerning banning of online gambling in the country have been raging continually. From the very moment it was first appeared, the usefulness of the UIGEA has been brought into question. A lot of loopholes and faults in the law have been revealed since that time. At the moment, even government officials have recognized its shortcomings, and now serious talks on a total law reform as regards online gambling are being held.
The UIGEA was developed to forbid online gambling by restricting banks and credit cards from processing payments for online gambling sites. But, lots of aspects of the law were undefined or unnoticed, thus a great deal confusion was caused to the financial institutions. For instance, the UIGEA didn’t define what transactions were deemed to be illegal, it didn’t make a distinction between different types of online gambling either.
What’s more, the UIGEA also believed that foreign online casino gambling sites break the US laws by offering their services to US citizens. The EU court has recently declared that this violates World Trade Organization rules. In spite of the fact that the law has been causing considerable damages to countless companies and legislations, for example those filed by Antigua and Barbuda, the USA also failed to comply with the hearings reprimands.
Republican Barney Frank has been struggling for a legal reform for online gambling since the UIGEA’s introduction. His voice is being heard at last.

June 27th, 2008
Sitting down to play online games, Howard G. of Houston, Texas didn’t suppose that he could win. Playing his favorite game of “Victory” slots at the Bodog online casino he made several bets, hit the ‘spin’ button, and looked at the screen. Suddenly something began to happen, Howard couldn’t have his eye glued to the display in astonishment, the reels stopped spinning and there were four ‘captains’ and a ‘ship’ symbol at the screen. It is a winning combination of 10,000 credits. Matched with the bet of $5 it gave Howard G. $50,000 jackpot prize.
But it wasn’t all, Fortune’s wheel made one more turn to Howard that day. The game went on in a play round with a wild card kicking things into high gear. His 10,000 coins spin hit on a free spin round of play. Thus his already remarkable jackpot of $50,000 turned right away into an astounding $200,000 reward. It happened because a ‘ship’ icon took the place of other icons on the pay line, so it created a quadrupled line multiplier feature.
When Howard was asked what he felt after winning this amazing prize, he just said that all happened so fast that he didn’t have time to mare aware of the events.
Bodog is one of the most well-liked online gaming sites in the gambling industry. Technical Systems Testing and Gaming Associates certify all random number generators to be in valid working order. All this guarantees that Bodog players have a great time playing online in the securest and safest gaming atmosphere.

June 26th, 2008
Since all the countries within the European Union starts liberalizing online gambling laws, the government officials of Spain are examining one initiative cohesive set of regulations and taxation which could legalize the EU online gambling companies to operate in the Spanish gambling market (having one of the Spanish licenses). The present setup of the country’s gambling legislation permits all the autonomous provinces to adopt their own regulations concerning land-based and internet-based casino betting – the recently mentioned legislation could centralize the regulations into a clear federal legislation.
National Gambling Commission (LAE) of Spain would hold the new legislation to realize the licensing of new internet casinos. At the moment the government and delegates seem to be awfully positive about the forthcoming discussions relating to a nationalized online gambling industry. The advantages of national legislation are enormous; the government will have the power to actually control the policies to protect underage and problem traditional and internet casino players.
All the regional and the national authorities have prioritized the land-based and online casino issue. Since the discussions and talks go on the authorities will focus the debates upon how to implement country’s regulations, how the regulations will meet the EU free-trade policy, and procedures which will offer maximum protections to the land-based and online players and bettors in Spain.
It seems that the integrity of the European Union is turning towards the online gambling industry regulation rather than keeping state-run monopolies partly, because of the pressure from the European Commission to meet the policies of the EU. Spain and other nations were all drawing a thin line between breaking the EU trade policies; though, a perfectly licensed and regulated gambling industry complies with EU expectations.

June 25th, 2008
If you’re a US citizen who is in search of an internet casino which will accept your registration, in that case stop seeking. The online casino that you want to go to is Centsports.com. This casino is operated from the USA. The site is absolutely lawful for gamblers and it is grounded on the requirements set by the US government that determines what a gambling website should be. The three parts are a reward for players, the randomicity in choosing a winner, and consideration by gamblers.
This basically looks like this: gamblers give money to play; they may win or may not. Centsports doesn’t charge their clients anything, they let them register and play without cash deposit. The site offers their players money to gamble with and lets them keep it if they happened to win. If they lose, they begin without risking their own money.
Centsports.com has a wise management which allows them to offer the US online players the opportunity to play. Every player gets 10 cents to begin with and they may use those 10 cents to stake on any of the online games. After a player’s account has reached $20, he/he can lawfully withdraw the cash in increments of US$10 or all of it right away. There’s a set total payout here and gamblers at Centsports who win need to fight for the community pot. Large winners receive priority on the community pot.
How does the site do this? Centsports.com receives their funding by selling advertising and permitting companies to make a more extensive audience than they could earlier. Up to now there’re 20,000 registered US players who are playing online legally.

June 24th, 2008
Soon New Jersey are going to celebrate the 30th anniversary of casino gambling in the state, and the Richard Stockton College that is in New Jersey will be carrying a new research centering upon the casino gambling effects in Atlantic City. They’ll be working together with the Rutgers Center to conduct a research into urban policy, and with the Spectrum Gaming Group to consult.
Last week J. Saatkamp Jr., the Richard Stockton College President, released a statement that the study would be conducted to reveal all the important changes which had happened for the past 30 years as casino gambling result, and give opportunities for prospect operations.
The study on casino gambling will embrace a lot of issues, including the economic influence of lawful casino gambling, transportation and infrastructure aspects, qualities of social services, tax consequences, communal issues and predictions about the prospect landscape of casino gambling. The first results can be expected to have appeared by the end of this year.
Brendan Bryne, the ex-governor of New Jersey, was pleased to learn about the research, noting that as exactly he permitted casino gambling in Atlantic City, it’ll be very exciting for him to know how the gambling industry has developed and influenced the society.
Stockton has already taken part in a variety of casino gambling projects, such as the Governor’s Advisory Commission for Gambling of 1998, the creation of the Institute for Gaming Management, and the New Jersey Center for investigation in Hospitality and Tourism.

June 23rd, 2008
Everybody could make money in the online gambling industry and you shouldn’t run an online gambling to earn money actually. Online gambling portals and information sites are awfully popular in the world. Indeed, the big portals deliver quality and very useful content to the players. The Online-Casinos.com development team has just released a new program designed specifically to drive more traffic to the website at the same time as supplying internet casinos with a number of very useful tools.
Jan Balslev, the site’s Webmaster, is a Web entrepreneur who centres on the internet casino gambling industry. Balslev together with his team provide an information portal in English that really helps online players find trustworthy sites, detailed reviews of online casinos and the latest news. At the moment the site is offering gambling sites calculating programs free of charge. They offer 3 new programs: Blackjack Strategy Creator, a Progressive Jackpot Tracker and Visual Tutorials. But there is a trap there: then the internet casinos have to connect to the website as the price for utilizing the software.
They have designed the new programs for the casino sites to make traffic to both sites by means of a link to the site and finally to drive more traffic and users. Balslev says that his development team and he have invested a considerable quantity of effort and time in the products that have proved out to be effectual attractions for players and traffic builders for websites. These programs obviously benefit to the gambling sites.

June 21st, 2008
The year 2008 is a profitable year for Net Entertainment. The online casino software provider has launched successfully its CasinoModule to gambling companies and boutique betting all over Europe. NetEnt launched the CasinoModule software early in the year and it was launched with only one licensee, but it has recently been announced a number of new product licensees. Besides 2 new CasinoModule licensees that are planning to launch internet casinos and betting sites in the third quarter of 2008, NordicBet renewed its licensing deal with Net Entertainment.
In the third quarter some new sites are planning to be launch into the European online casinos market. Betbull and William Hill anticipate going live as do the two new sites powered by CasinoModule. Two new licensing deals of NetEnt are Starpriceonline,the Austrian sportsbetting site together with Intragame, a new brand in the internet gambling industry. These two sites will exclusively provide the CasinoModule gaming platform that guarantees tracking ease and high-quality backend navigation, together with regular new game releases for those who like playing online.
With respect to the announcement of NordicBet, Lars Söderlund, the Business Development Director at the online gambling company reported concerning their renewal of the license that NetEnt provides not only high-end entertainment but also regular games releases. The online gambling industry is very competitive and quality software is a necessity to be a success.
With these two online casinos launching and the continual deal with NordicBet, Net Entertainment holds a beneficial position for the current fiscal year.

June 20th, 2008
These days Casino Bellini celebrates its first anniversary on online gambling market! The casino is celebrating its birthday by offering massive bonuses on all the deposits that are going to be made during its birthday weekend from 19th to 21st June.
Casino Bellini is an attractive internet casino which offers the players a safe playing experience online. The casino provides a Welcome Bonus of 100 percent up to €103 to new players. Besides the welcome bonus it provides other rewards such as Loyalty and VIP programs. Casino Bellini is powered by the hottest in Playtech software’s advanced technology. Euro Partners promotes the casino, they have the largest online gaming affiliate program in the world.
The online casino has been a great success during its first year of operation on the gambling market and shows a huge growth not only because of its stylish branding, but also due to its exceptional Loyalty and VIP programs.
The fashionable online casino offers attractive and regular promotions to potential new gamblers as well. For example, recently Casino Bellini has launched a particular promotion, the “Summer Madness” campaign. This promotion guarantees all new players of Casino Bellini €20 Free Spins during the whole month of June.
These €20 Free Spins will be automatically credited to the player’s account upon his/her first deposit and the gambler can play with it on any of fifty slots in the casino, as well as the 25 slot machines which offer Dollar Ball side games and progressive jackpots.

June 19th, 2008
On Wednesday a PricewaterhouseCoopers LLP report was released. According to it, an annually compounded rate of world’s gambling revenue has grown at 6.5% per year. It is expected to reach US$155 billion by 2012 if it continues increasing this way. It is expected that gambling revenue increases from almost $114 billion in 2007 due to new casinos and upgrades appearance all over the world.
According to the annual report made by the financial consulting company, the Asia-Pacific region is the fastest growing gambling area in the world with new resorts in Macau, Singapore and Thailand generating increase of 15.2% per annum. The Asia Pacific region revenue could top $37.2 billion by 2012 in relation to $18.3 billion in 2007.
The report showed that the US total gambling revenue would remain ahead of other places, rising at 4% annually from $60.3 billion for the last year to $73.3 billion in the year 2012. But because of hard economic times revenues will decline in 2008 and 2009 in Atlantic City, N.J. and Nevada, in accordance with this report. Mary Lynn Palenik from PricewaterhouseCoopers noted that the mortgage crisis and high travel and gas prices will lead to the decrease.
New casinos and licenses for internet casino gambling and sports betting in Europe, Africa and the Middle East are expected to bring revenues in this region up to 4.9% per year from US$30.3 billion for 2007 to $38.4 billion in the year 2012. Canadian gambling revenue is rising to US$6.2 billion from $4.6 billion. And, gambling revenues in Latin America are expected to rise up to US$514 million from US$297 million.

June 18th, 2008
CryptoLogic, the leading online gambling developer has recently announced that it has signed an agreement with Betjack, an Ireland-based new online gaming site, according to which CryptoLogic acquires the exclusive rights to be the sole provider of online casino and poker software to Betjacks. The agreement, signed by WagerLogic Ltd. of CryptoLogic subsidiary, will see the new brand that is planned to be launched this autumn. The new brand will target the UK, Irish, Canadian and South African markets.
Conceived in 2006 by Brian Nesbit and Eamon Garland, Betjacks.com has made gigantic strides forming partnerships with blue-chip online gaming and service developers like CryptoLogic. BetJacks is said to have developed the first online gaming and betting platform dedicated to Ireland, that will feature rich media and peer-to-peer gaming applications that will be all completely integrated with key networking features of next generation.
According to Brian Hadfield, President and Chief Executive Officer for CryptoLogic, this announcement expresses CryptoLogic’s strategy to bring their online casino and poker products to new places and new people. He said, “CryptoLogic and Betjacks will work together in order to develop a thrilling new site which provides a greater entertainment experience for players all over the world.”
Betjacks will feature non-downloadable and downloadable online casino and poker software of CryptoLogic which won a lot of awards. In 2009 the online gaming site will also integrate white label brands into online casino, poker and proprietary eCash of the company.
Brian Nesbit, Betjacks managing director, stated that when they decided to launch their new online gaming site, they wanted a respected partner who would share their integrity and innovation vision.

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