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Archive for May, 2010

Triogames named as third Estonian online gambling licencee

May 30, 2010 Leave a comment

The Baltic state of Estonia, which recently commenced regulating and licensing online gambling operators has named its third licensee. Triogames has been given the Estonian Tax and Customs Board’s nod of approval to operate online casino games and an online lottery under its Triobet brand.

Underlining its commitment to the enforcement of its regulatory regime, the Board at the same time announced that the number of blacklisted internet gambling sites on Estonian ISPs has now reached 300.

Triogaming is a subsidiary of the Nordic Gaming Group.

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Online gambling under the spotlight in Australian media

May 30, 2010 Leave a comment

The weekend has seen a surge in mainstream reportage on internet gambling in newspapers across Australia; most of it related to the conclusions reached by the government’s Productivity Commission. The report has broadly suggested that the regulation and licensing of online gambling better serves the protection of Australians than trying to stop the thousands of online websites on the Internet from accessing gamblers from Australia.

Several reports point out that Australians using internet gambling services will lose A$1 billion this year on sites that are unregulated and operating illegally from an Australian perspective.

The use of poker sites is growing at a rate of 20% a year, other reports reveal, supporting the need for a cogent regulatory approach that ensures reputable and professionally operated sites are available to the Aussie market.

Predictably, there is strong anti-gambling opposition to the idea of regulation and licensing, based mainly on fears that it will increase the dangers of problem gambling in a society that has proved more prepared than most to wager on the outcome of sporting events and casino games.

Current laws allow online gambling sites for sport and racing, but prohibit sites for poker, bingo and casino games. Companies operating or advertising these products in Australia are theoretically subject to fines of up to A$1.1 million a day.

But punters who play these games are doing nothing illegal.

The Age newspaper claims that despite 17 referrals from other agencies since 2001, Australian federal police have failed to lay any charges against suspected illegal operators.

The newspaper reports that Full Tilt, Poker Stars and 888 are becoming “increasingly brazen in their marketing, despite a ban on advertising in Australia.” Poker websites now sponsor rugby league teams and free pub poker leagues, and employ sports stars such as Shane Warne and Brendan Fevola to promote their products.

Gaming industry lawyer Jamie Nettleton told The Sunday Age that legalising internet gambling would bring tax revenue onshore and was ”inevitable because it’s generally recognised that any form of prohibition is not going to work”.

Others, including Betfair Australia CEO Andrew Twaits, say it would be easier to minimise harmful online betting if the sites were legal, because owners could track the spending patterns of problem gamblers, and shut down accounts if necessary.

Complicating the task of the Rudd government, which has been studying the Productivity Commission’s report, is the news that independent senator Nick Xenophon has ready a private member’s bill that would ban Australian credit card companies from processing payments to offshore gambling websites.

The Age reports that new figures from international industry consultants Global Betting and Gaming show Australians are expected to spend A$968 million in 2010 on online casino, poker and bingo.

Local bans do not appear to have been able to stifle industry growth, with the Commission’s report showing that in 2008, about 700,000 Australians played online casino games – twice the 2004 figure.

Online poker is driving this growth, with Australian visitors to poker sites increasing by about 20% a year and an estimated A$329 million flowing offshore this year from Australian online poker players alone.

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Live online gambling ring bust in Philippines

May 29, 2010 Leave a comment

Police in Manila, Philippines have busted an illegal online gambling operation in which live dealers interacted with Internet players of casino games. Seven arrests – three Filipino women croupiers and four Koreans – were reported by the police, who raided a Manila video streaming apartment equipped with gambling tables and hi-tech streaming equipment which connected to mainly South Korean punters over the internet.

Bank wires were used to deposit and pay out winnings, the police chief inspector in charge of a special task force revealed to reporters. He added that gambling tables, LCD computer monitors, computers, video cameras, telephones and other equipment relevant to the charges had been seized.

The special police task force conducted the late night raid after securing a search warrant based on undercover surveillance of the illegal facility in a luxury apartment block. The facility was apparently set up several months ago by a South Korean national, aided by local IT specialists. It is not known if he is among those arrested.

Police investigations continue as officers search for four other suspects who managed to escape from the raid.

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Man scoops $1.8m Gold Mega Party Casino slots jackpot

May 29, 2010 Leave a comment

Online gambler ‘Arkry222’ is probably still celebrating his good fortune after hitting a $1.8 million slots jackpot win at Party Casino earlier this month. The 48-year-old player, who works on a horse ranch, won $1,888,198 on the internet casino’s Gold Mega Jackpot slot – all from just a two-dollar spin on its Super Star game. And because the Gold Mega Jackpot was tied into the Grand Win Auto leader board promotion, his fortune saw another player rewarded with a new Maserati Gran Tourismo car.

“It was a Friday night and I wasn’t far off going to bed and I was sat at the computer,” said ‘Arky222’ this week.

“I actually had the volume turned down on the computer as I had the television on. I was playing Super Star and all of a sudden these squares came up. I hit ‘complete’ and the screen lit up in loads of colour. Then the number appeared on the screen. I have never seen so many numbers in my life; it was like an international phone number!”

As the realisation seeped in that he had just won a life-changing sum of hard cash, the player stare at his computer screen in disbelief. “I was numb,” he recalls.

“I was on a different planet. It was then that I realised that I had missed a call from the VIP team at Party Casino and it started to sink in a little bit more. I hadn’t been feeling well all week but now I was just in this strange kind of happy limbo. I went back into my account and there it was, over $1.8 million.

“I think I am going to have to spend the money on a holiday, a new car and a new house,” Arky222 told casino management. “It will also allow me to be become more flexible with my working hours as I am going to go freelance.”

The Grand Win Auto leader board promotion was due to run from May 6 to 19 and was based on the concept that the player sitting at the top of the board when the Gold Mega Jackpot was hit would be awarded with the new Maserati car or a cash equivalent.

“It didn’t hit me until the next day that by winning the Gold Mega Jackpot someone else had won a Maserati,” said ‘Arky222’. “All I can say is to enjoy your drive, mate, and get in touch. Fancy taking me for a spin?”

Categories: Gambling News

Klub8 Casino to close its virtual doors by end of June

May 28, 2010 Leave a comment

After an operational life of around 2 years, the management at Klub8, a Playtech-powered online casino and poker room, has advised players that it is to close at the end of June this (2010) year.

The notification did not provide any reasons for the closure, but it is known that the enterprise involved Curacao-licensed Osmila NV and a Cyprus company titled Resume Investments, which at one time had an association with Asian Logic. Other online operations owned by these companies include Perla Casino, Turkiye Online Casino, MegaSport Casino and Dafa Poker; it is unknown whether these venues are affected.

The communication to players read:

“Unfortunately, Klub8 Casino will be closing down at the end of June. You may now start to cash out your remaining balance. All withdrawals will be accommodated until June 30, 2010. Again, thank you for your time with us. Should you have any questions or concerns, please do not hesitate to contact our Klub8 Casino Support Team is available 24 hours, 7 days a week at support@klub8.com”

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Microgaming teams with 888 to apply for French gambling licenses

May 28, 2010 Leave a comment

Veteran online gambling software provider Microgaming has announced the submission of three significant operator applications to the National Regulatory Authority of the French online gambling market the ARJEL, two of which are in collaboration with 888 Holdings plc.

Roger Raatgever, CEO, Microgaming said: “At Microgaming we stay ahead of the market and are delighted to announce that following the recent signing of a joint venture with 888, we have combined our efforts and successfully submitted operator license applications to the ARJEL. This is a milestone for us and marks the beginning of our first wave of applications, which we believe will see us rapidly establishing ourselves as market leaders in France.”

“The submission of these applications marks a step towards our launch in one of the strategically important European markets,” said 888 chief executive Gigi Levy. “We look forward to developing the synergies of Microgaming’s brand presence and 888’s premium offering.”

Microgaming and 888 are continuing to work with a number of other operators.

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World Cup offers from CentreBet.com – Online Casino News

May 27, 2010 Leave a comment

The online sportsbook at CentreBet.com has announced a trio of new promotions for players in advance of the start of the action from the 2010 World Cup in South Africa next month.

The Bet That Can’t Lose promotion from CentreBet.com will give players a free wager worth $20 if they enter the code ‘LIVEWC’ in advance of their first live gamble of at least $20 on one or more matches.

The Score Big Money Back offer applies to every World Cup game and provides players with more chances to recover a lost bet. This promotion from CentreBet.com will refund all losing correct score wagers on any match if the selected score is beaten after 87 minutes. The online sportsbook stated that it will also refund all losing first goal scorer bets on any match that finishes without the ball being put into the back of the net in addition to every losing last goal scorer wager if the selected player scores but is not the last.

The third promotion from CentreBet.com, the Multi World Cup offer, is giving players the chance to win $10,000 in cash, thousands of dollars in free bets or a trip for two to London for the 2011 FA Cup or Champions League Final.

“The World Cup presents an incredible opportunity for affiliates,” said Melissa Claronino, Affiliate Manager for CentreBet.com.

“We are dedicated to providing them with the player promotions, tools and support they need to maximise their earning potential during one of the most exciting sporting events of the year.”

CentreBet.com stated that affiliates would be able to take advantage of a series of banners to market its World Cup promotions and earn up to a 40 percent share on all revenues from new players.

“2010 has been an excellent year for CentreBet.com so far in terms of original player promotions,” said Nicky Senyard, Chief Executive Officer for Income Access, which powers the online bookmaker’s affiliate programme.

“It continues continue to innovate, providing great value for players and, consequently, affiliates as well.”

CentreBet.com has also launched a special micro-site dedicated to the 2010 World Cup complete with tournament information, match previews, live scores, latest odds, and daily commentary from Australian football pundit Neil Evans.  

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