The unexpected news has shocked the South American gambling market. Formoapuestas has been a reliable online casino with the good reputation working in Argentina for several years. But suddenly the players have known that the company stopped working, thought it had a license to offer online gambling service. It has been licensed by the Microgaming that is one of the most well-known and reliable software companies operating all over the world. It’s really strange that even the managing director hasn’t been informed about the problems until the license has been recalled.

The internet site has been just shut down and all the gamers haven’t had the opportunity to know the reasons, the Loteria Nacional in Argentina has withdrawn the license without any explanation. Nobody knows for sure why it has happened, but some experts suggest that the Loteria Nacional has decided to do it, because the provincial government of Buenos Aires may ban online casinos.

The new legislation has been already discussed and very likely it pushes through, the aim of this new law is to decrease the huge number of gambling sites which have flooded the South American market, because of the recent wave of online casinos ban all over the globe. Probably the new legislation will affect only the provincial area of Buenos Aires, but not the whole region. But in any case we can’t guarantee that Formoapuestas will be able to reopen the business and continue their work, even in a case if the law will not affect it.

The new technological achievement has been demonstrated to the public. The absolutely new program will allow the gamblers to take part in the twenty-four-hour live dealing of playing hand from one of the Irish casinos. For competing with this technology Mirada Gaming offers the new kind of entertainment. Mirada Gaming declares that its Virtual Dealer Roulette is the new level of the game and can be licensed all over the world, it allows multiplayer roulette games, which are played from the previously recorded video.

This idea seems really interesting and the number of gamers will probably increase if this technology will be available to the public and Mirada Gaming will decide to continue the expansion of the new market segment and will renew the collection of video clips. But on the other hand some gamblers may decide that such kind of game is rather boring and even more – useless, because the clips will be recorded and the end of the game can be predicted. Although Mirada Gaming assures the players that Virtual Dealer Roulette has a special mechanism and all the clips will be pulled in random. By that mean each game will safe its unique, unpredictable character and will base on the completely chance base.

We can surmise that this Mirada Gaming new feature maybe becomes extremely popular. At this moment all the main online gambling companies try to find some advanced technologies or pioneering ways of the gambling industry’s development, some peculiarity of the new game which will attract people and allow to the site, performing it to the public to be the real leader.

Cryptologic, the top software developer, has announced that at the moment they are discussing an agreement with ‘another big poker network’, PartyGaming. The two companies are going to pool their online poker businesses together in order to save costs during the current economic crisis. CryptoLogic and PartyGaming are trying to keep their high positions in the online casino gambling industry.

After the news about that this November WPT Enterprises were closing their real money poker site WorldPokerTour.com. Some time ago CryptoLogic also lost the Will Hill license to Playtech. So, it is clear if they want to keep being financially strong any further they should make a new partnership. The deal with PartyGaming must mitigate the blow of WPT shutting and losing the Will Hill.

Online market share of PartyGaming has decreased to 8.5% from 40% over the last two years. The main reason of this abrupt loss is the UIGEA passed in October 2006. The company lost one of its most profitable markets in the USA after they had to close their doors to all American residents.

CryptoLogic is trying to decrease their annual operating expenses by $12 - $15 million. The agreement with PartyGaming is a five-year licensing deal on online casino games.

CryptoLogic is also going to continue their business and management of their investments in Asia, namely in China, Singapore and Korea. They are also providing India-based Khel Galli with online casino games, one of South Asia’s fastest growing gambling companies.

Jim Ryan, CEO at PartyGaming, considers that the agreement with CryptoLogic and the new suite of games they will be able to provide will help improve their own market leading position.

Recently Will Hill, one of the top UK online casinos, and Cryptologic, the leading online gambling developer, have broken off their relations. And after that Will Hill and Playtech, the biggest world’s provider of online gaming software, have signed a five-year software licence for casino and poker operations.

According to the agreement between Playtech and Will Hill, William Hill Online will be created, a subsidiary that will be controlled and operated by William Hill. Playtech will hold a 29% stake in it. The both companies expect that transaction will require limited up-front cash with capital expenditure, integration costs and transaction costs of about £24 million.

Henry Birch, the former CEO of Leisure and Gaming will lead the new branding. Moreover, without any doubt Playtech has such asset that can bring great knowledge about the online casinos which are powered by the company and its experience having obtained in European marketing as well as its software operations and customer retention. Thus, it is obviously that Will Hill is looking forward to becoming one of the top online casinos, poker and sports betting sites in Europe. Ralph Topping, the current chief executive of William Hill, said that the company would surely become the online leader among the UK casino gambling operators.

The five-year agreement includes an option according to which Playtech can lift its stake entitlement up to 32% if further conditions are reached. Will Hill also can buy the stake of Playtech on an independent fair value price basis after four years.

The online gambling industry is going to change the gaming platform for the new one from the Castle Technology, but the internet sites and software companies would like to have a little bit much time for it. The Castle is base out of Washington State, it has recently declared that all the preparations and tests are up to the end and everything is ready for the global launch. The fact is that all the foreign companies can’t have an access to the online casinos based in the USA, and it probably will cause some difficulties for such companies.

Because of the well-known USA ban on the offshore gambling sites attracting American players which had started two years ago, many international software development companies had to leave the market. Certainly this process influenced much on these companies, they had to find new ways of development, and they changed the whole strategy and all the global plans. They offered other variants of the games for the sites working at the markets of South America and Asia. The main difficulty which faces the companies which has been pushed out of the US is the poaching business of the American companies.

In all probability this new company will be able to join the industry, Castle Technology announces that their latest software is really unique and differs much from the games which are offered to the players now. Buy we should say that the USA market is a very complicated part of the global gambling industry for each company working more than two years.

Microgaming seems never to exhaust ideas of new casino slots and other games. The company releases a new suite of games monthly as part of their campaign called “New Games Rollout”. Microgaming is the most fruitful software development company in business at the moment. October has not become an exception the company has announced that they are launching another game.

The recent online games release is well-timed. You know Halloween is celebrated at the end of this month, so Jonny Specter online casino video slot summons ghostly spirits. Reminiscent of an 80’s movie classic, Jonny Specter is a hero who catches ghosts. The slot has a wild symbol, an expanding wild, free bonus spins and multipliers. It is the classic American/Australian slot that is rolled into one.

Bob’s Bowling Bonanza slot is similar to Jonny Specter but less scary. The slot has 5 reels and 30 pay lines of fast-paced action. The game features wild and scatter symbols, bonus round and a unique gamble feature. If the Strike symbol appears on reels 1, 3 and 5, the reels transform into virtual bowling lanes. If a strike is bowled in the bonus round, you can get up to 20x winnings.

Spike’s Nite Out is the third new online slot launched in October. The game is designed for dog fans and has 15 pay lines and 5 reels of dog symbols. This entertaining slot has wild and scatter symbols. There are also bonus opportunities in this slot. The game is a great play for low-rollers, a minimum bet is $0.01 and maximum $0.20 and the maximum bet is $30.

Moreover Microgaming has recently released a new addition to the Gold Series.

The online casino gambling industry is considered as potentially very dangerous if it remains unregulated and without very prominent player advocacy organizations in the industry. And now the ultimate industry’s safety seal goes to online casinos that meet the strictest standards of eCOGRA. eCOGRA has grown over the past few years to meet the online gambling industry demands. The company gives an eCOGRA “Safe and Fair” seal to online gambling sites if they permit the Association to investigate the company policies, the company’s practices and standards, and safeguards to protect gamblers. The “Safe and Fair’ accreditation seal is accepted everywhere in the gambling industry. The accredited site is always honest, reliable, and has notable business experiences.

After the 32Red online casino gambling site had passed the Associations inspection and testing process it was accredited by eCOGRA some time ago. Thus 32Red came out to the higher level with the accreditation. It is a huge success for the gambling site. Though 32Red casino is well established in the gambling industry and has a good reputation for safe and honest transactions, the “Safe and Fair” seal is an ensured way for 32Red to stand out from the hundreds of other online casinos which have no accreditation.

By announcing that 32Red got the accreditation eCOGRA reasserted its policies concerning the constant monitoring of gambling sites with “Safe and Fair” seal. eCOGRA regularly checks these sites to make sure that management has wholly transparent policies concerning the finances, integrity of playing statistics, problem and underage gambling policies in place and lots of other requirements.

Governor of Kentucky, Beshear has caught all the world’s headlines while making his plans to ban online casinos and poker rooms at his state. Kentucky’s Governor has been trying to seize 141 gambling domain names in his state. The state itself supports gambling, it is known as one of the biggest horse race betting states in the US and the state tries also to get land casinos there, but the Governor is absolutely against online gambling, Beshear thinks that online casinos do not pay tax revenues, do not provide jobs for the state. At the point, Kentucky has temporary seized those 141 names.

Reacting to this, Golden Casino, one of the popular online casinos, has moved to a new domain name that is NewGoldenCasino.com now, the site has transferred their software and has fixed their links to the new domain. The event has made the online casino members question what is going on. Some of the members are from Kentucky and the site, like others, has not accepted the state’s players due to the Governor’s actions.

There are a great number of e-mails from players to online gambling information sites. The decision of Golden Casino to move was abruptly, but it is quite understandable. While the result of Kentucky’s request is still pendent, the management decided not to run any risk. The suddenness of the move, though, has made online casino members and the community on the whole wondering whether they were being tricked into going to a false online casino website with viruses and other horrible computer bugs.

However, the site is legitimate and gamblers can go there, no worrying about it.

No long ago some rumors that the Mansion gambling group would be leaving the Gibraltar jurisdiction to relocate is online operations somewhere else appeared. However, recent reports state the contrary. According to the Gibraltar publication reports except for a few staff reduction, Mansion is not planning to go anywhere.

It is really good news for Gibraltar, taking into consideration that the online gambling group employs about 150 people in the British territory. And this is, honestly speaking, is good news for Mansion. Gibraltar is among the strictest and most respected online gambling jurisdiction in the world.

There were a great number of the rumors. They said that Mansion was going to move its headquarters to Singapore and Israel. The choice of Singapore seemed rather reasonable since Mansion greatly cater to the Asian gambling market. And taking into account that, in Singapore the tax rate is low, only 8%, this fact could draw any online casino operator.

But, the rumors about Mansion intention to operate out of Israel have been much exaggerated. Israel is quite inimical toward online gambling and in spite of the fact that it has some great excellent technological innovation in the online gambling, Israel couldn’t be ideal for an online gambling company with Mansion’s status.

At the moment Gibraltar has the good news, because some time ago 888 and Party Gaming made some heavy cutbacks in the Gibraltar jurisdiction, and now Mansion can branch out while keeping its position where online gambling regulation is, so it’s the best for the company at the moment.

If the economic crisis has not influenced much on Las Vegas, Sin City feels its influence on local casinos, tribal venues, and, especially, internet gambling sites. In spite of the fact that the UIGEA acts in the USA and most gambling websites do not accept American gamblers, there is a slump in players in Las Vegas. If Las Vegas plans to compete with the online casinos, they have to advertise their great offerings as lure and not as a separate revenue source.

The gambling industry has always been considered as recession-proof. But the current crisis is making the industry feel the heat. The casino owners and managers of Las Vegas have been facing a problem when trying to realize to deal with the flagging economy, the revenue, and the decline in players who come to the casinos to play and have a good time. They should find a method that will work to advantage for everybody and if they do not solve the problem soon, Las Vegas may become a ghost town.

Sherman Bradley, the senior gambling analyst at the Online Casino Advisory, developed a theory that explained why the economic crisis has hit Las Vegas so heavily. Everybody has been using the ‘Bradley Theory’ to explain other industrial declines that have happened in connection with the troubled economy.

Richard Abowitz (the Los Angeles Times) developed the cornerstone of the theory and his conclusions tell Las Vegas casino managers and owners exactly what they need to draw their players and other visitors back to their establishments.

Casino owners should go back to providing their guests compensations and other privileges luring their visitors back to their casinos.