Gambling News
Want to know what is going on in the gambling industry? We got the leading edge, delivering inside stories on land based and online casinos. Be in the know with local and international news that are making headlines.
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Gambling News
MGM Gets a Thumbs-Up for Online Licensure
On November 1, 2012, three more companies were recommended online licensure by Nevada’s Gaming Control Board: MGM Online LLC, Z4Poker LLC, and Cams LLC. Now that they have the Board’s recommendation, the next step is to hopefully join the 13 other gaming companies already in the ring. -
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Forget Federal Regulation; States Finding Ways to Form Partnerships
Legalized gambling is regulated in 85 countries around the world and pulls in almost $35 billion in wagers, some of that from US players.
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Kentucky Governor Pushes To Expand Gambling
Governor Steve Beshear doesn’t beat about the bush. In a Kentucky.com article, he stated “I don’t think it’s any secret that expanded gaming is one of the issues that I think should be addressed by the people of this state. And I am hopeful that we may be able to get a constitutional amendment passed in the upcoming session.” Whether or not it happens will depend on several factors, including approval by Kentucky voters. Since Gov.
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Pinnacle Sports Implicated in Illegal Betting Ring; 25 indictments delivered
Twenty-five people across five states were arrested, and over $7.6 million in cash and chips were confiscated, on Wednesday and Thursday in connection with a $50 million bookmaking operation that may or may not directly involve Pinnacle Sports, a online sports betting site.
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Zynga Reports Greener Earnings; Eyes Greener Pastures
Zynga‘s stock jumped an impressive 15% in early trading activity on Thursday due to its announcement that it topped its previously lowered 3rd quarter outlook. Originally reforecasted as between $30 and $305 million, the “Farmville” creator posted a revenue of $317 million this quarter, making it a 3% year-over-year growth.
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William Hill Announces Playtech Buyout, Awaits Numbers.
Several months ago, it was speculated that William Hill PLC could–and probably should–buy out Playtech’s stake in their joint-venture company, William Hill Online. This week, William Hill announced it intended to do just that. Playtech currently owns 29% of the business it founded with William Hill PLC in 2008. At the time, Playtech paid $319.7 million and provided the venture with software platforms and technical solutions.
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Gambling News
South Point Poker: Now Hiring
When you are the first real-money online poker site to launch legally in the state of Nevada, there are a few things you’ll have to do before you open your doors. Take down your free-play online poker site, which you wisely launched a year in advance to create interest and player loyalty.
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WMS expands reach with Betsson and Unibet
Williams Interactive, the internet gaming arm of WMS, announced this week that it has signed multi-year agreements with Bettson and Unibet.
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The iPad May Reinvent the Reel; Casinos Embrace Portable Technology
Photograph by Steve Marcus, VegasInc The Global Gaming Expo (G2E) has revealed several thoughts and clues to the future of gambling, both on and offline. Portable and touchscreen technology reigned supreme, highlighting the industry’s movement toward personal interaction and social integration. It’s like offline, online gambling.
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Zynga Lowers Expectations; Puts Eggs in Mobile Basket
Zynga says delayed game launches and disappointing reception of existing games are the reasons it is lowering its revenue expectations for the remainder of 2012. Reaction to the announcement that the company will come in anywhere between $90 to $105 million short has investors scurrying. In a press release, Zynga stated that the 3rd quarter continued to be a challenging one.
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Nevada Gaming Control Considers More Licenses
Three more companies have been recommended approvals by the Nevada Gaming Control Board: Golden Nugget Incorporated Golden Nugget Incorporated applied for a license to host and operate online poker.
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Casino Operators Like the Odds on Online Gambling
During the Global Gaming Expo (G2E) in Las Vegas this week, several representatives from some of the largest casino operators expressed their confidence in the future of the gambling industry. Continued expansion into global markets like Asia was one reason for the optimism.
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Lame Duck: Online Poker's Friend or Foe?
By definition, lame duck sessions are the remaining tenure of politicians who have chosen not to seek re-election, who have lost a re-election bid, or who have hit the term limit for their office.
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Bally Teams Up with GameAccount Network
In the recent Bally Technologies press release, Bally announced it would provide a “large selection of online and mobile gaming content” to GameAccount Network. Games will include Cash Wizard (TM) and Mayan Treasures (TM) as well as several others; we can expect most of them to soon be available as online video slots and HTML5 mobile games.
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Farmville Plays The Lottery
MDI Entertainment, a subsidiary of Scientific Games Corporation, has signed an agreement with Zynga Incorporated to license seven of its social and media gaming brands.The announcement, which came during the World Lottery Summit earlier this month, further solidifies Zynga’s efforts to expand its revenue reach beyond social gaming.
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WMS Gaming Awarded Nevada iGaming License
WMS is an Illinois-based company that designs, manufacturers, and distributes digital and electronic games and gaming machines for the casino industry. With a list of trademarks hundreds of names long, WMS has come a long way since it changed the game of pinball in the early 1940’s. In July 2012, WMS launched Williams Interactive, an iGaming subsidiary. The purpose of this company arm is to focus primarily on worldwide growth of its online, social, and mobile gaming initiatives.
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IGT Shuts Down Entraction Poker Network; Moves On
International Game Technology, a Las Vegas-based computerized gaming equipment designer and producer has announced it is putting its recently acquired Entraction Poker Network to rest.
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Second Wave of Charges Hit Full Tilt Directors
It’s been one year and five months since online poker’s “Black Friday” event that changed the course of online gambling and online poker in the United States and the world, and the chips are still falling. Today the US Department of Justice handed a second amended civil complaint against Full Tilt Poker directors Ray Bitar and Howard Lederer, claiming that the duo used the ‘illegal proceeds’ from their online poker room to make personal property purchases.
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Zynga Bolsters Real-Money Initiative; Adds Online Gambling Expert to Team
Zynga, the provider of social games services to over 240 million average monthly users around the world, pressed forward in its quest toward real-money gaming apps with the appointment of Maytal Ginzburg to its executive team.
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Gambling News
The Role of Technology in Online Gambling
I know, I know, it should go without saying that technology is vital to online gambling. After all, what is online gambling without the ability to get online, to play virtually anywhere, and to access some of the most sophisticated networks and security options the world has known? What’s interesting is not that online gambling needs technology, but rather how technology shapes and drives online gambling as it evolves.
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Is US Online Poker Doomed Before It Can Even Begin?
As if online poker didn’t have enough hurdles in its race towards becoming a legal US pastime, now it also has to beat the clock. The window of opportunity that opened when the Federal Wire Act of 1961 was re-evaluated on December 23, 2011 may be closing, particularly because Congress has yet to make a decision on anything, let alone the federal regulation of online poker.
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Gambling News
Real-Money Online US Poker Approved
With unanimous approval by the Nevada Gaming Commission, South Point Poker LLC became the first U.S. casino to be licensed to operate a real-money, intrastate poker website. What makes this inaugural member so special? Because South Point Poker is not only the developer of its own online poker software, it is also holding current licenses as an interactive gaming manufacturer and as a service provider.
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Dominique Named in CAP's Top 40 Women of iGaming
GamesandCasino.com’s very own Dominique has recently been selected as one CAP’s recently appointed “Top 40 Women of iGaming“. Described as “powerful” and “persuasive”, Dominique has been involved in the online gaming and online gaming affiliate industries almost since their inception, and she had a hand in developing a lot of what we know to be standard practices today. Dominique is no stranger to iGaming industry awards.
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iGaming Business Takes to the Floor at the 2012 G2E
The Global Gaming Expo is coming up, and it comes with the recent announcement from iGaming Business that it will again sponsor the iGaming Zone at this year’s event. Running from October 1st through 4th, the Global Gaming Expo, affectionately referred to as the “G2E” for those in the know, is one of the planet’s biggest events for the gambling industry. Now in its sixth year, the G2E is poised for the future of online gambling.
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Gambling News
Kahnawake Gaming Commission Update: Absolute Poker Awaits Settlement
In a recent press release, the Kahnawake Gaming Commission provided an update regarding the civil proceedings between the United States Attorney for the Southern District of New York (Manhattan) and Blanca Games, Inc (and its related companies, Absolute Poker and UB.com).
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Loto-Quebec Poised to Sell Online Lottery Tickets
Loto-Quebec, a Canadian state-run provincial lottery operator, is well on its way to providing an online portal for its gambling customers to buy their quick fix tickets.
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William Hill Strikes Again; Signs Deal With Las Vegas Plaza Casino
UK’s largest bookmaker, William Hill, has agreed to a long-term deal with the Plaza Hotel and Casino in Las Vegas. What may seem like a notch on the belt of this sports book giant could mean the start of a needed transformation in downtown Las Vegas. As a result of William Hill’s new involvement, major renovations to the downtown Las Vegas hotel and casino are in the works. New video displays, new seating, and a complete lounge redesign are just some of the improvements.
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William Hill Stirs the Pot; Appeals Judgement on Horseracing Levy.
Who is William Hill? Some say he’s a British bookmakeer, a gambling giant both on- and offline. Some say he’s a pot-stirrer. On July 20th, the High Court ruled in favor of the Horserace Betting Levy Board, agreeing that at customers of betting exchange users may not be liable for paying towards the Horserace Betting Levy.
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Poker Stars Agrees to Buy Full Tilt; Settles with DOJ
After a meeting of the minds today between federal prosecutors and three large Internet poker companies, the first step of actual progress has been made since the historic “Black Friday” over a year ago.
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Zynga is optomistic, poised for real-money games
Zynga, the American social media and gaming company that brings the world Farmville and Draw Something, released its half-year earnings this week as well as the company’s plans for 2013.
