Casino News

News from Casino Rewards

August 24th, 2011  |  Published in Casino News

Casino Rewards is currently the largest network of online casinos and continues to grow. Over the past several months, the group has been acquiring a variety of brands for a total number of 30 online casinos. All brands are powered by Microgaming and licensed by the Kahnawake Gaming Commission. Each week a newsletter is released which announces promotions and other news. The most recent newsletter discussed the latest Casino Rewards mega promotion.

$10 Million Giveaway

The newsletter specifically states, “Week one of the $10 Million Giveaway has come and gone and we managed to give out an incredible $1.2 Million! We hope you were happy with your share from the weekly progressive draw.” This means for every $50 deposited between Friday, August 19th and October 12th, player’s share of winnings will increase. Therefore, players can control the amount of money they receive from this gigantic promotion.

Fighting Fish Online Slot Game

Another promotion that recently ran was based on the Fighting Fish online slot game. The symbols are comically crafted to feature an underwater boxing match and feature free spins and gamble games. Also, the jackpot is fixed at $5,000 coins. The promotional period began on Saturday, August 20th and ended the following day. On each of the two days, ten players were randomly selected to win $100.

Silver Fang Online Slot Game

The third major promotion offered by the casino is being played on the Silver Fang online slot game which features 1,000 coin jackpot and betting denominations of $0.01 to $0.05. The graphics and sounds give an eerie feeling which adds to the excitement. The promotion began Saturday, August 20th and will end Thursday, August 25th. The top five bettors each day during that period will receive $100 into their account.

Biggest Recent Wins

On a side note, during the last week the biggest wins at the casino have been on Multihand Spanish Blackjack and on Aces and Faces video poker. One player won 80,000 Euros at Spanish Blackjack at the UK Casino Club while two other players at the Golden Tiger Casino won 60,000 Euros and 30,000 Euros respectively.

There are many major promotions being conducted during the month of August at all Casino Rewards brands. The best aspect is they do not require a major financial commitment to win. These promotions have certainly increased the amount of traffic at all participating online casinos.

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News from the Italian Gaming Market

August 22nd, 2011  |  Published in Casino News

Several years back Italy opted for limited regulated online gambling regulations which focused specifically on online poker tournaments. In the middle of July 2011, the operators licensed by the Italian Regulatory Authority started delivering online casino games. Furthermore, November 2011 is the date for online poker cash games.

Turnover Tax

In the European Continent, regulatory authorities are levying a tax on the turnover of online gambling. The Italian regulatory body accepted the recommendation from the online gaming industry and enacted the 20 percent to gross profits. Analysts are closely monitoring the taxation policy to see if it generates the predicted revenue. If the revenues are not close to the predicted number, the regulatory body will switch to turnover taxation.

Rise in Gaming Volumes

Since the enactment of online gambling, Italian players have flocked to the activity in droves. Gaming volumes continue to increase between three and ten times higher per week than the past. Turnover estimates for the Italian gambling market for 2011 surpassed 10 billion Euros. For 2012, the estimates are at over 20 billion Euros. There are two contributing factors for the predicted success: launch of online slot games and entry of foreign operators.

Advertisements Boosting Participation

Immediately following the launch of online casino games, television and online advertising campaigns were released. This contributed to the significant growth of online gambling in Italy. Those operators who have already applied for the license are attempting to enter the market and immediately grab a large share prior to the competition.

Playtech’s Involvement

Leading online gambling software developer, Playtech, is now one of the largest companies in the Italian market. Playtech was the first online casino to complete the testing process for the online casino while complying with regulatory bodies. There are also several Playtech licensees operating in the Italian market including Buoniorno, Sisal, WHO and SNAI. Each casino delivers a variety of Playtech games to its players.

Additionally, Playtech has been offering online poker tournaments at these casinos since 2008. The success of these tournaments is attributed to the iPoker Poker Network. Beginning in November 2011, Playtech will be providing cash games.

The Italian online gambling market appears to be running smoothly with several important dates coming in the near future that will expand the activity. Also, with the entrance of foreign operators, taxation levels will rise for the country. Given the current financial landscape of Europe, this will significantly help the country.

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The Happenings at Casino Tropez

August 17th, 2011  |  Published in Casino News

Casino Tropez recently released a statement suggesting to its players to wager on new and old blockbuster games. To motivate players to do so, the casino offered an attractive set of bonuses. Simultaneously there is the Elite Challenge tournament in progress to add more excitement to the casino.

Mr. Cashback Online

There have been several new games released at Casino Tropez for the summer vacation. One of the most popular is Mr. Cashback online slot game. A unique feature of the game is if a payline does not win over 50 consecutive spins, the player will automatically receive cashback of 50 times the wager.

Scratch Card Games

Another popular item at the casino is scratch cards. Casino Tropez recently release three new cards, two of which are based on the popular branded slot games Iron Man 2 and Kong. The third new scratch card is 3 Clowns. Additionally, there is a new blackjack variant titled, “Perfect Blackjack” which delivers several exciting side bets to increase the summer fun and winnings.

Golden Tour Slot Game

One recommended older game from the casino is the Golden Tour slot game. The game features excellent graphics, an exciting golf theme and five reels. Line payouts are made from winning to the left and right on the reels. The bonus game requires the player to select the correct golfing equipment and take a drive on the green. Additionally, there is a Dollar Ball progressive jackpot that can accumulate to a high amount.

Bonuses

The bonuses were as exciting as the games. On Sunday, August 14th, Casino Tropez offered 30 percent matching on all deposits with no maximum. Therefore, each player had the option of depositing an amount they can afford while reaping the entire benefits of the promotion. However, there were wagering requirements that players found at the Casino Tropez website.

Elite Slots Challenge

Additionally, the Elite Slots Challenge offered players a chance at an $8,000 prize with no entry fee. Players were added to the leader board as a result of the amount of money they wagered on slots games throughout the promotional period. The first place player received $2,000. All prizes were distributed the following day.

Casino Tropez often has a variety of challenges and promotions running simultaneously. However, the 30 percent matching bonus with no cap is extremely generous. Stop by the Casino Tropez website in the future to take advantage of the numerous bonuses and tournaments that regularly occur.

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New Lobbying for Online Gambling in the U.S.

August 15th, 2011  |  Published in Casino News

The current structures lobbying for a regulated online gambling environment in the United States have not yet been successful. Therefore it comes as no surprise that a new initiative has been released. This initiative is a combination of many existing ideas for the activity. However, only time will reveal whether or not the proposal is successful.

Advisory Board

Aptly named, “FairPlayUSA”, the new initiative is described as an advisory board based out of Washington, D.C. The objective of the group is to educate policymakers on the need to change the current federal gambling laws. There are three primary areas that will be targeted by FairPlayUSA; strong law enforcement and strict regulation, rights of adults to engage in online gambling and consumer and child protection. This will focus solely on online poker.

The Board

The board of the advocacy group includes some of the best-known personalities. For instance, American lawyer, Parry Aftab, is well-known for his knowledge with regards to Internet privacy and security law. Also, former Secretary of Homeland Security and Governor of Pennsylvania, Tom Ride is on the board. Professional poker player Greg Raymer will represent the poker community. Finally, the Executive Director of the board is Marisa McNee.

Educating the Risks of Illegal Gambling

To achieve its primary objectives, FairPlayUSA is planning to incorporate poker players, law enforcement officials, Internet consumer protection advocates and many others involved with the risks of illegal online gambling that occurs around the country. The funding for the group was provided by Caesars and MGM. Caesars has been a major voice for advocating a federal online gambling environment compared with intrastate legislation.

First Step

The initial step taken by the group has been through a petition from its website which calls Congress to focus on the many problems associated with offshore online gambling. Also, the petition calls for giving law enforcement officials the tools to eradicate the activity on illegal sites and then establish a regulatory infrastructure to ensure the highest integrity and safety are followed.

Laying the Foundation

There are currently several bills working toward establishing an online gambling environment. However, FairPlayUSA does not support any specific legislation but aims to lay the foundation from which future legislation should be based. This will include the formal definition of what is illegal, who can prohibit the activity and how the player’s deposits will be maintained. Although there is much work to be done, it looks as if the U.S. is headed in the right direction.

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The Return of Playtech

August 5th, 2011  |  Published in Casino News

Listed in the AIM exchange, Playtech is one of the leading online gaming software providers. However, toward the end of 2010, beginning of 2011, the company took a brief hiatus where they did not release any games or have any new developments for several months. However, Playtech recently released the second quarter financial results which are excellent and prove the company left off where they began.

Improved Figures

The software provider recorded revenue increases in all gaming categories except poker. Total revenues increase to 39.6 million Euros with casino revenues increasing 27.3 million Euros. As a result of these incredible quarterly results, it is clear Playtech remains the market-leading software provider for the industry.

Ventures and Developments

From a business development standpoint, in the second quarter Playtech engaged in a joint venture entitled, “SciPlay” which was chosen by the California Online Poker Association to provide an intrastate online poker platform. Also, the company entered the Spanish gambling market in partnership with Casino Gran Madrid. Furthermore, Playtech completed a deal with PT Turnkey Services. These recent developments reflect the success of Playtech’s ongoing investment.

Long-term Developments

On a more long-term note, Playtech announced the purchase of mobile gaming specialist Mobenga as well as a 10 year licensing deal with Gala Coral. The latter is one of Playtech’s largest contracts ever which is expected to award Playtech 5 million Euros per year. The deal involves Playtech supplying Gala Coral with a variety of online gambling products including its IMS platform and Virtue Fusion Bingo network. The current software suppliers to Gala Coral include:

  • Ash Gaming
  • Betrade
  • Game Account
  • IGT
  • Ongame
  • Jadestone
  • Geneity
  • Chartwell
  • Cryptologic
  • Evolution

No Objections from Other Partners

Ironically William Hill Online, a joint venture partner of Playtech, did not raise any objection to the new relationship. This is surprising because of the legal battle they enacted for Playtech’s attempt to create a contract with Ladbrokes. The main difference between the two is Ladbrokes was a joint venture and Gala Coral is a supply agreement.

Playtech has really kicked back in to gear with new games, new deals and exciting new developments for online players. Once Playtech gets on a role, the online gambling industry should expect big things in the future. Perhaps the hiatus was to concoct a robust strategy and explode back into the online gambling industry. If that is the case, their strategy is working.

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Bodog Online Gaming Exiting from U.S. Market

August 3rd, 2011  |  Published in Casino News

Owned by Calvin Ayre, the Bodog gaming brand has been an institution in the online gambling marketplace for many years. The casino used to operate through the Morris Mohawk Gaming Group (MMGG) from Kahnawake. Bodog’s most recent announcement to let their current license with MMGG expire at the end of 2011 has taken the online gambling industry by surprise. No license with the gaming group equates to an exit from the U.S. gambling market.

Focusing on the United Kingdom

It is evident that the primary focus of the Bodog brand will be on the United Kingdom and other emerging markets in Asia and Europe. Philippine-based brand, Bodog88 has already been established and is a leading brand in Asia. During the third week of July 2011, the company announced it had received a license from the U.K. Gambling Commission.

Building Credibility

During that time the CEO of Bodog UK stated that the license shows trust and credibility to the Bodog brand. As a result of the trust, new customers will be drawn to the brand while attracting the best talent in the industry to work for the organization. To reap the most benefits of the U.K. license, the company must eliminate any negative connotations that may have arisen from the events that occurred on Black Friday.

MMGG Launching its Own Brand

Beginning January 12th, 2011, customers will be unable to access any Bodog brand website. In a recent statement from the casino, the understanding is that the MMGG will implement and launch its own brand under the Kahnawake Gaming Commission in 2012. Therefore, Bodog players will be able to transfer their funds to this new casino or withdraw them.

The Final Statement

The statement to their players ended, “This decision presents a fresh direction for the Bodogbrand.com as it looks to create a new chapter in its history. The move will enable the Bodog brand to continue its growth and expansion and maintain its position as the world’s largest gaming brand.”

Pushed out of the U.S.

This decision certainly was not easy. Essentially the U.S. forced the company to withdraw from the market. The passage of the UIGEA terminated Bodog’s U.S.-based operations and sold the business to MMGG while preserving the brand name. This was followed by a lengthy legal battle for patent infringement which was settled out of court.

Bodog have been a major player in the U.S. gambling market. Many players will be sad to see the company eliminate its presence from the country. Hopefully once online gambling is legalized in the U.S., Bodog will return.

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All Slots Casino Releases Android Gaming App

August 2nd, 2011  |  Published in Casino News

All research conducted on the online gambling industry indicated that the greatest growth will come about in the mobile gaming arena. This new technology allows players to place bets while on the move. In modern online gambling, most casinos offer some type of wagering through mobile phones. All Slots online casino has been one of them for the past year and has recently announced the launch of two new Android apps.

Mobile Applications for Android

Mobile industry analysts are insinuating that the Android platform is overtaking the iPhone for the top smart phone infrastructure on the market. As a result of these studies, All Slots mobile casino has added these new gaming applications at an advantageous time. The two new additions are the All Slots Blackjack app and the All Slots Casino Lobby app. These are free to download directly to Android devices.

Zero Advertisements

Both applications support free and real-money games. The greatest advantage is the applications do not contain any advertisements. The All Slots Blackjack application allows players to participate in classic Blackjack which features a single deck and the lowest house edges.

11 Mobile Casino Games

The All Slots Casino Lobby app features 11 casino gambling games for play on the Android device. These games include Mega Moolah and Major Millions (two progressive jackpot slot games) as well as Tomb Raider, Thunderstruck and Mermaid’s Millions which are 5-reel slot games. The five aforementioned games are some of the best Microgaming slot games available.

The Games

The table games include European Roulette and Classic Blackjack. Similar to Classic Blackjack, European Roulette offers an extremely low house edge due to the single-zero roulette wheels. The variant of video poker in the application is Jacks or Better. Additionally, the All Slots Casino Lobby App has added instant win scratch cards Dragon’s Fortune and Bingo Bonanza. The final game found in the app is a horse racing game entitled, “Royal Derby.”

Game Features

All the games feature vivid graphics and crisp sound effects while being easy to navigate. Also, each game has All Slots casino’s infamous game play. The casino claims that players will feel as if they are playing the game right from their computer. All Slots has done an excellent job of transitioning some of their best desktop-based games into the mobile arena. In the future, players will definitely see more mobile gaming from All Slots.

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Gambling Policy Conference in Europe

July 29th, 2011  |  Published in Casino News

While back the European Commission (EC) chose to create a report with regards to the current state of online gambling in Europe prior to developing a regulated system. The Commission requested interested parties to provide input as a segment of the consultative process. The deadline to provide this input is less than a month away. However, many parties publicly voiced their opinions at the European Gambling Policy Conference in Brussels.

Cohesive Regulation

Once such speaker was a politician from the European Union (EU), J. Creutzmann. He felt that regulation of the online gambling industry across Europe is the best and only solution as to how to eliminate the current confusion in the market. Unfortunately, national regulation will be unsuccessful in a growing marketplace.

Supporting Arguments

This same opinion has been mentioned by several industry executives, representatives from the European Gaming and Betting Association (EGBA) and other observers. Since there is a lack of standardized regulations between the Member States and the EU, costs continue to increase and fraud and unlicensed gambling are flourishing. The EGBA has highlighted the level of fragmentation of the industry into 27 independent markets with varying taxes and other fees.

This highly discourages responsible gaming organizations from entering the market allowing for less reputable unlicensed owners to move in. In the end, the player will suffer the most. Also, the lack of standardized regulation pushes potential customers to unregulated markets in places like China. A synergized regulation would help eliminate corruption by increasing enforcement.

Sports Corruption

This viewpoint is also consistent with sports. For example, fixing a matching or event in Spain and the United Kingdom is highly illegal. However, in Bulgaria there is a no law against the actions. This has occurred because the EU has not taken upfront action and allowed the burden of regulation to fall with governments in specific markets.

Opposing Arguments

The opposing individuals believe that most Member States of the EU do not want a standardized regulation so they can keep the money within the country. Many also do not want large gambling markets for religious reasons. A representative from the Association of Charity Lotteries agrees with this point of view.

Also most European countries have a fairly robust online gaming regulatory system. However, this proves that there a long way to go. Both sides make compelling arguments so the decision to make a standardized regulatory system will be difficult.

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Payments Resume at QuickTender Payment Processor

July 28th, 2011  |  Published in Casino News

Owner and operator of UseMyWallet, QuickTender is an online financial payment solution provider that services the United States. QuickTender was significantly affected by the events that occurred on Black Friday because one of its primary financial payment processors, Chargestream, was indicated by the Department of Justice. As a result, the company stop payments for a short time and have moved the funds to European bank accounts.

Moving Funds to European Banks

QuickTender has contacted American players confirming that their funds are safe in European bank accounts that would pay in Euros. However, the company also stated that it will need some time to develop the mechanics of the system. Despite these assurances, many U.S. players continue to worry as to whether they will receive their money back. Luckily, the future is bright for these account-holders.

QuickTender Dispensing Funds to U.S., U.K and Canadian Players

There have been reports from a few online forums that QuickTender has begun paying customer balances. The company sent an email to its customers regarding repayments on June 23rd, 2011 indicating that players who wanted access to their accounts were required to wait until August 15th. However, those players with accounts in the United Kingdom, United States and Canada have already begun receiving funding.

Balance Scenarios

Currently, only the players that had balances held by the payment processor following Black Friday are being paid. Those with funds in transit continue to be held up. These specific transfers were released by QuickTender by remained in the accounts of Chargestream during the indictment process. Therefore, since Chargesteam was indicted by U.S. authorities, it is unlikely those players will receive their money.

Next Steps

Unfortunately players who withdrew their balances from online casinos are required to resend their banking details to the QuickTender electronic wallet through customer support. QuickTender asked customers to utilize a bank account that is in Euros in order to successfully receive their funds as U.S. Dollar transfer was not a viable option. Those balances in Dollars would be converted to Euros and transferred.

Online American players should appreciate the careful steps QuickTender has taken to retrieve their money. If the payment processor continued to dispense funds as a result of the continued pressure from its users, more funds would have become frozen. There is no doubt that players currently receiving their long-awaited funds feel it was well worth the wait.

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Promotions from Vegas Palms Blog Site

July 27th, 2011  |  Published in Casino News

Vegas Palms online casino is a member of the Fortune Lounge group of casinos. The satellite company participates in all promotions provided by parent company. During the week of July 18th, 2011 the casino successfully launched the Bank Job promotion which ended on Sunday, July 24th. In addition to the corporate promotions, Vegas Palms also provides separate bonuses through its blog site which is directly linked from the home page.

Search Engine-based Promotion

The newest promotion announced on their blog site rewards players that are linked to the website through search engines. When a player accesses the Vegas Palms homepage through a search engine and make their first deposit, the casino will credit them ten free spins on the Mad Hatters slot game. Also, a second deposit will award the player an additional 20 free spins on the game and the third deposit gives new players 30 free spins.

Overall, players have the opportunity to receive a total of 60 free spins on the Mad Hatters slot game. The number of bonuses is sure to fuel a spike in the number of players at the casino while the 500 available games will give players the platform to select an online experience.

The Weekend at Tuscany

Another promotion entitled, “The Weekend at Tuscany” will end July 31st, 2011. The winner will receive a trip for two to enjoy a relaxing weekend at Villa Bordoni in Tuscany. To be eligible, players must participate in the competition’s each week to advance to the next round of the bonus. Competitions include live slot tournaments, invite-required events, lucky draws and the highest wagering contests.

Additional Opportunities for Bonuses

In addition to the incredible vacation offering, other prizes include Diamond player’s status for life in the loyalty rewards program, a share of 16,000 Euros or Diamond status for an entire year. To remind players of the first-place prize, the casino says, “Tuscany is famous for the picturesque villas, the rolling countryside, and sumptuous food. This is of course not to mention the delectable Chianti wine.”

Vegas Palms Company Information

Powered by software from industry-leading developer Microgaming, Vegas Palms online casino is licensed and regulated by the Lotteries and Gaming Authority of Malta. The casino has been deemed fair and safe by the eCOGRA organization. These promotions are an excellent way to give back to their players while drawing more traffic.

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