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29
Oct
Author: Chris // Category: Casino Games
Many online gambling companies have been working together with sports leagues and other international sporting events to regulate wagering on sports. The largest concern by these venues is that the outcomes will be tainted by the sports wagering. Anytime that you open the door for the possibility of foul play, someone will take advantage of it therefore many companies have been set up to protect these sporting events and provide a service that will allow the fastest line of communication when there is a threat of inconsistent wagering. According to the gambling commission in the United Kingdom, there have been many instances where improper activity has been stopped and prosecuted due to the careful nature of protecting sporting events.
A report was recently released stating that 56 cases of suspicious bets on sports have been spotted since September of 2007 in June of 2009. Although the number seems high, it shows that the forces in place are being meticulous about their jobs and protecting the safety and the environment for the rest of the sports fans. Another positive note is that the gambling operators themselves have been active participants in assisting the commission in order to prevent improper wagers. Out of these 56 cases 39 of them were reported by the operators and 17 came from sources outside such as the sporting leagues themselves. Included in his 17 were hit by the media as well as the general public who blew the whistle on some irregular activity.
At this point we cases are being brought forth for the full length of the investigation while 21 cases are being considered a little more closely with the potential of moving forward. 27 of these cases have yet to create any movement, and will most likely sit by the wayside unless more information develops. The top games for this type of irregular activity in the United Kingdom begins with football and horse racing but many other sporting events following.
08
Sep
Author: Chris // Category: Casino Games
Once you add super something, you know that it has to be backed up by quality and excitement. We’ve seen examples of this in super heroes, sports such as the Super Bowl, and many other activities where the word super is used to describe it. Now, iGaming is repairing the launch and activity concerning interactive gambling and gaming known as the Super Show.
The show isn’t interactive conference for gamers that includes interactive gaming exhibitions, and gaming magazines and other online events. This show will launch in 2010 will be a chance to learn more about interactive gaming suppliers as well as a chance for operators to learn more about affiliates and network to create better advertising and marketing throughout the online gaming industry.
The exhibition and conference will tackle two different aspects of the online gaming market. The first aspect will focus on global regulation, the legal issues involved in online gaming and the best methods suggested for online operating, marketing and advertising. Through these tried-and-true techniques visitors will be able to learn more about putting their best foot forward in the online gaming market.
The second aspect of the exhibition and conference will be to work with operators in order to create a stronger affiliate marketing program. Many professionals such as SEO affiliates will be on hand to discuss the necessity of affiliate programs within the online gaming industry. Operators will then have the opportunity to not only talk with and network with these affiliates, they will also be able to implement some of their marketing and advertising while at the conference.
iGaming we use this exhibition as a showcase of those that are unfamiliar to the iGaming brand and will focus on drawing any attention of the global market for affiliates, marketing and advertising. The iGaming brand utilizes affiliates and operators do their iGaming community and now will bring this online networking to one localized location.
03
Aug
Author: Chris // Category: Casino Games
Today will be an exciting day in Tulsa, Oklahoma. The Hard Rock Hotel and Casino and also will officially open today to become the second Hard Rock Hotel and Casino in the world.
The Hard Rock Casino and Hotel will launch at 1:30 PM in the grand lobby. There will be many Casino executives as well as Cherokee representatives on hand to witness this event. Keynote speakers such as Cherokee Nation Principal chief Chad Smith, Cherokee Nation entertainment CEO David Stewart, Hard Rock Hotel and Casino representatives and Toby Keith. Toby Keith will also be opening a restaurant bar and Grill in the casino of Hard Rock.
The Cherokee nation will be the sole owner and operator of this particular hard rock Hotel and Casino. The facility will offer hundred 25,000 ft.² of the casino floor, 350 hotel rooms and suites, five dining venues, five nightclubs and 2500 seat event venue that is set to open in 2010. This plus other amenities are drawing in gamblers all over the United States as they opening day. This is the first hard rock Casino in middle America, therefore they’re hoping to bridge the gap from the East Coast and West Coast.
“Entertainment in Tulsa is now synonymous with Hard Rock Hotel & Casino,” says David Stewart, CEO of Cherokee Nation Entertainment. “With the Cherokee Nation’s commitment of $155 million in developing the new resort and the branding opportunity with Hard Rock, we have made a long-term investment for our community and state. This venture brings together a unique blend of Cherokee culture, Oklahoma’s rich musical history and classic rock and roll. We’ve created an experience that cannot be duplicated anywhere else.”
“Cherokee Nation Entertainment has always been the industry leader and the first to bring resort style entertainment to the market. We continue this fine tradition by now bringing the Hard Rock Hotel & Casino brand to Tulsa,” adds Stewart.
23
Jul
Author: Chris // Category: Casino Games
GTech Corporation and Supreme Ventures Limited (SVL) have recently signed a contract placing some of the top online lottery games in Jamaica on mobile devices. They’ll online players can access the lottery from a brand-new telebetting feature.
The new online system will utilize the new technology for Gtech’s known as ES Connect. The system will allow online to gamble by placing wagers and collecting winnings through the telephone. Cellular devices and land lines will be able to access this technology to a lottery agent.
Alan Eland, Senior Vice President for GTech Americas stated, “The launch of the new telebetting feature in Jamaica is a result of GTech’s continued commitment to providing innovative products and solutions to help our customers successfully grow their businesses.”
As the online gambling world continues to grow, so does the need for speed and efficiency for placing wagers. “With the security and reliability of our ES Connect system, buying a lottery ticket in Jamaica is now as easy as making a phone call.”
“Mobile phone use in Jamaica is increasing and, now with GTech’s advanced technology and security system, we are able to offer our games to a new player segment that might have not otherwise considered buying a lottery ticket,” said Brian George, President and Chief Executive Officer for SVL.
“This is an exciting new avenue that will potentially help us expand our player base and raise more revenue for our good causes.”
Gambling, no longer requires signing into online casinos are going to land-based casinos in order to place wagers. A new brand known as Go Play will link to players phones and monitor all transactions within one account. The lottery games such as Lotto, Pick 3 or Cash Pot will now be available through this new technology for players all over Jamaica. A minimum of $1.12 is required for the opening of a telephone account, then players will access a toll-free number in order to place wagers or check previous transactions.
14
Apr
Author: Chris // Category: Online Casino News
Sometimes assistance comes in the most unusual places. Tasmania officials have agreed upon a set of new means for handling problem gambling. This Australian state decided to attack the problem of gambling after a recent Social And Economic Impact Study.
Michael Aird, the treasure of Tasmania revealed that after communicating with the community and industry groups these new methods will be applied. Included in these measures are the amendments to the Gaming Control Act of 1993.
“These new measures will ensure Tasmania has the best harm minimisation practices in Australia,” said Aird. “The consumer protection measures are aimed at protecting all gamblers not just problem gamblers. The current voluntary code of practice for gambling will be replaced by a mandatory code.”
In their attempt to be proactive, will the government has taken strict measures to restrict minors from gambling, restrict access to cash, and put into place mandatory codes which should in effect better the gaming facilities.
In order to implement these measures, the government has also realized that it is important to strengthen the process of training for gaming staff. The staff responsibility will now include identifying problem gamblers, making game information available, as well as informing players of the restrictions on the games.
Further restrictions will be put in place in order to control the flow of output from the machines. The maximum cash payout of $1000 will be imposed on all Keno And EGM winnings.
There will also be limitations on cash input. $500 will be the maximum input for EGM’s, and bet limitations will be reduced from $10-$5 on machines used for gambling. In an effort to further assist gamblers, the government is also going to review the effectiveness of the states gambling support helpline.
The government has been proactively seeking these new measures in order to assist problem gamblers in an effort to provide preventative maintenance as well as prevent problems in the future.
“We support the principles behind smart technology and machine intervention strategies,” said Aird.
10
Apr
Author: Chris // Category: Online Casino News
BettorLogic, a comprehensive sportsbetting analyst firm out of London, has plans to introduce two new major products for soccer match bettors. Included in the plans are BettorLogic’s very first business-to-consumer subscription product called Form Lab Pro. The gambling product is targeted specifically for high-end soccer bettors. The software provides plans and contingencies for almost any pre-game or in-play situation and takes into account, teams and players from every major European soccer league. In addition, bettors can get answers to specific questions like ‘what’s Valencia’s win record when drawing after 60 minutes against top-half teams’ or ‘what’s Everton’s away record under manager David Moyes when they’ve just lost at home’.
A team of developers, modelers, and bettors worked to develop Form Lab Pro to provide cutting-edge analysis of the soccer game for bettors. And according to BettorLogic, the research is paying off. Form Lab has already been integrated into multiple major online sportsbooks.
BettorLogic’s other new product is Trader Lab – a novel concept aimed at major sportsbooks compilers. The trading product (BettorLogic’s first) analyzes individual players, player combinations and team formations. The gambling software utilizes never before used analytical techniques to determine team’s best defensive combination or to give bettors secrets to beating lower ranked teams.
“BettorLogic’s ‘white-label’ Form Labs have proven extremely popular with sportsbooks and their customers since their launch in October,” said Mike Falconer, Chief Executive Officer for BettorLogic.
“Our Pro and Trader range take us into two additional and important markets and allows us to broaden the ways we can apply our analytical expertise and technology. They’re another example of the new standards we’re trying to set for sportsbooks, media-owners and bettors alike.”
BettorLogic is owned by Andrew Black, the co-founder of Betfair, and by Nigel Payne, the former Chief Executive Officer for SportingBet. The company signed a partnership agreement last month with Sportradar AG, a leading sportsbook services supplier. Sportradar AG will distribute BettorLogic’s new products throughout their large consumer network.
10
Apr
Author: Chris // Category: Casino Games
Easter weekend is now upon us, and to continue to draw in new players, many companies are increasing their online incentives. Bodoglife.com has begun (as of 8:30 PM Eastern Standard Time) to offer an additional $31,000 to the final prize money at the five tournaments happening this evening.
These competitions require a $60 buy in has increased its payout by $3000. The 3000 chips will be included in the twelve minute levels. The excitement also has the players buy in matching the start time of the tournament.
This competition will run through Sunday and a Turbo Hundo Tournament. This tournament begins at 2 PM and will add an additional $2000 to add to the pot. In this particular tournament there is a $109 buy in and the levels will consist of 6 minutes, and 3000 chips to begin play.
As the Easter festivities continue, they will move into the Easter Sunday Special which will consist of an additional $20,000 added to the pot. This particular tournament will be comprised of 15 minute levels and once again 3000 chips. This is sure to bring gamblers out of the woodworks to try and capitalize on the special bonuses.
Six Hundred and sixty-six players have purchased the $109 buy in, and are ready to compete for one of the highest stakes in online poker tournaments.
Bodoglife.com has seen many winners each month totaling approximately 5 million dollars in cash prizes with each month.
Some of the more resent winners are:
‘KCannon’- First Place – $23,600
KoolP456’ –Second Place- $13,600
‘kingkai’ – Thrid Place-$9,100
‘DrDandy’ – Fourth Place- $7,000
‘hornight12’ – Fifth Place- $5,700.
‘killer21′ – Sixth Place- $4,500
‘gangstergabe’ – Seventh place- $3,300
‘12443267’- Eighth Place- $2,200
‘Longhorn_99′- Nineth Place- $1,300.
These winners took out the online casino competition and walked away with cash prizes from the guaranteed $100,000 tournament. The tournaments end late Easter Sunday, so there is plenty of time to cath up with the excitement. Simply go to Bodoglife.com.
07
Apr
Author: Chris // Category: Online Casino News
Bally’s sportsbook has had a shocking change for some of its gamblers. The sports book where gamblers would go to place their wagers on the horses, suddenly is no longer. A sign hung on the premises stated that any gamblers wanting to participate in sports betting should direct themselves next door at the Paris, Las Vegas.
“The Paris sports book is in such close proximity (to Bally’s) that we didn’t think it would inconvenience our guests to filter them over to Paris for the time being,” said Deanna Pettit, a spokesperson for Bally’s. “It’s a captive group within Bally’s and Paris, so we should be able to service our guests with the Paris sports book.”
One gambler flew from New York to Vegas for this specific sports book, and was very disappointed to find out it no longer existed. “It was almost like the ‘Twilight Zone’ seeing the place closed,” said Harvey Cherches. “You don’t expect to see a big hotel race and sports book that’s been there for so many years just close like that.”
Pettit disclosed that the sports book closure, and relocation to Paris is a temporary move. This 285 seat sports book is scheduled to reopen in September according to Pettit. Although she did not comment on the reason for the closure, she did say that remodeling was not a factor in the decision. Therefore, in the fall it is predicted to open in the exact same location.
The move to Paris from Bally’s was an easy adjustment for the casino since both properties are owned and operated through Harrah’s Entertainment. The problem here lies with the customers. Their loyalty does not necessarily mean they will stick with the same company.
In fact, as Cherches stated, “…it’s just as easy for me to get across the street as it is to walk over to Paris, and Bellagio is nice.” The paris sports book is also a smaller venue than the Bellagio and the Bally’s, therefore it will deter some of the gamblers to go to larger venues.
07
Apr
Author: Chris // Category: Las Vegas Casinos
Once again, Las Vegas is being hit hard by the crushing economy. The third large gaming company in the last 12 months will be forced to file bankruptcy. The Riviera Holdings Corporation is set to file for bankruptcy in the upcoming week.
Last Monday it was reported that the Riviera did not complete a $4 milllion interest payment that was due. This has been a common theme as of late in the casino market. Although the company has a grace period of 3 days in order to complete the payment, the casino operator has revealed that they have no intentions of making the payment.
The $245 million dollar credit is through Wachovia Bank, and without intent to pay, the bank will be forced to default the Riviera. The Chief Executive Officer, William Westerman stated that they decided not to make the payment in order to maintain more liquidity. Many casinos have gone this route in order to try to keep their business going as long as they can, all the while fighting the banks about their debt.
Westerman claims that the lack of company revenues is due to competitive room rates, and falling numbers in convention attendance in Las Vegas. Even with the current situation, Westerman maintains that he “is confident that we will maintain sufficient cash flow to meet our operating obligations and maintain our properties.”
The Riviera is located on the actual Las Vegas Strip, and employs 1,137 workers in the casino. Last year they suffered revenue drop in hotel rooms by 12.5 percent. This was due to occupancy dropping 9.2 points from the previous year to 83.8 percent. The Riviera will continue to struggle for some time, as the fourth quarter statements show a net loss of $12.7 million which equates to $1.02 a share.
Mike Sullivan, a finance professor has stated that Wachovia has the ability to dictate to the Riviera what is in their best interest. “Wachovia is probably deciding what they want to do and how to structure things,” he said. “Are they better off going through a formal Chapter 11, or are they better off restructuring the debt at this point?” said Sullivan.
07
Apr
Author: Chris // Category: Casino Games
As we have seen in the past, one surefire way to draw in the casino players is to offer incentives to bring the players to the table. That is exactly what the Golden Tavern Group has decided to do.
This group is bringing out its Golden Rewards benefits to all of its northern Nevada locations. These locations include: Sierra Gold, Sparky’s Sports Bar & Grill, Sierra Junction and Gold Bar Casino.
As the largest tavern operator, The Golden Tavern Group has created a tierd rewards program for its Golden Jackpot. These bonuses will benefit the eligible card players based on the tier they have reached when they hit a royal flush, card of the week, or non poker jackpots. This bonus will effect the entire tavern of gamblers, because every eligible card player will have free play dependant on their specific tier.
There are three types of rewards players: 24 karat, Gold Level and Silver level.
The 24 Karat is the highest ranking reward level, and will award the gambler with $50 for a Royal Flush, $25 for a four of a kind, and $25 for a non poker jackpot. These prizes are awarded when hit by any player in the tavern while the rewards member is playing.
The Gold Level is the second tier and will receive $25 for a Royal Flush, $20 for a four of a kind, and $20 for a non poker jackpot.
The Silver Level is the third tier, and will award the gambler $20 for a Royal Flush, $10 for a four of a kind, and $10 for a non poker jackpot. Once again this goes for anyone in the tavern who hits the jackpot as long as the eligible rewards card member is playing.
“The new Golden Rewards benefits and the Golden Jackpot tiered rewards program serves as the ultimate method to reward and incentivize players,” said Christopher Abraham, vice president of marketing for Golden Gaming. “Our revolutionary tavern rewards program continues to raise the bar within our industry. We are happy to offer these great additions for our valued players.”
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