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Pokerstars has earmarked a massive $12 500 000 for sponsorship of a thousand seats at
the 2008 World Series of Poker, the company announced this week. For the next few months
leading up to the big event, Pokerstars will be running a diversity of tournaments and
qualifiers aimed at finding 1 000 top players who will each receive a sponsorship worth
$12 500.
The IPoker Network, to which our partnersite Titan Poker also belongs, is still recording a strong increase in the number of players and is already the third largest pokerroom - measured by the number of cashgame players.
MONTREAL, CA -- According to a report this afternoon, the Canadian government is thinking of ways to remove Internet gambling sites operating in the Kahnawake tribal reserve near Montreal. For years, companies have been freely hosting online poker and sports-betting sites on this reserve, without government intervention.
Gibraltar (PRWEB) March 24, 2008 -- 888.com, one of the world's biggest online gaming entertainment companies, launched its online sportsbook today. A localized sportbook was launched in the UK, Germany, Spain, Sweden, Denmark and Austria. This has completed yet another significant step in its objective to provide their considerable global client base with a one stop gambling solution
(March 24, 2008) Nearly 18 months after President Bush signed into law the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA), regulators are still struggling to come up with rules to guide financial institutions and payment processors in blocking payments to online gaming sites. And if comments from the financial industry are any indicator, theres still a lot of work ahead.
The liquidators of the Tusk online casino group, which went broke earlier this year leaving its online casino and poker players in the dark (see previous Online-Casinos.com/InfoPowa reports) have been hard at work this week, reportedly brokering the sale of Tusk's six online casinos to fellow Australian group Casino Rewards and assessing the extent of the loss on the poker sites belonging to Tusk, who's future remains uncertain
Gov. Deval Patricks casino bill, being given a hearing today on Beacon Hill, would make it illegal for state residents to play poker online - with penalties ranging from hefty fines to jail time of up to two years.
(PRWEB) March 21, 2008 -- 32Red have launched their latest gaming product today, adding online bingo to their expanding suite of e-gaming entertainment with 32Red Bingo. Powered by Microgaming -- industry leaders and technology pioneers -- 32Red Bingo is based on cutting edge technology and will be well positioned to acquire a substantial part of the considerable and growing bingo market.
With bookmakers being allowed to open on Good Friday for the first time, Hazel Mollison looks at the argument for keeping religious holidays special and whether increased opportunities to bet will create social problems for some people.
A compulsive gambler who lost a £2.1million High Court claim against his bookmaker is to appeal against the decision.
Graham Calvert, 28, claimed William Hill failed in their duty of care and let him bet after he "self-excluded" himself from his phone account.
Over the last five years online poker has been booming. Ever since Chris Moneymaker took out the 2003 World Series of Poker Main Event proving anyone can win big, interest in the game has grown at an exponential rate and with the proliferation of poker programs on television this doesn't look to be slowing down any time soon.
Prostitution is legal in the online gambling Mecca of Costa Rica. In fact, it has become one of the biggest employers of attractive women of all ages....and some who are not so attractive.
David Hood, the public relations director of William Hill, confided: "We could break through the £300 million barrier tomorrow. In horse racing, if you can extract a (profit) margin of somewhere between 12 per cent and 14 per cent, then you've had a good day. Do the math!"
RECORD PRICE PAID FOR GERMAN ONLINE GAMBLING DOMAIN
Danish company purchases Casino.de for $591 000
The Danish internet company Balslev Media paid what is believed to be a record price for a German online gambling Internet domain this week when it acquired Casino.de for Euro 400 000 (US $591 000).
Preliminary results from Sportech plc have shown an 18% increase in operating profit for the year ended 31st December 2007 to £18.3 million, from gross gaming revenues of £59.6 million, down 2% on the previous year.
Currently, you could go to prison and also pay a massive fine for indulging but Lady Luck may soon smile on you
South Africans indulging in online gaming in SA are doing so illegally even if the service providers are based in another country or jurisdiction, or hold a licence to operate from another country.
LONDON, Mar. 18, 2008 (Thomson Financial delivered by Newstex) -- Cryptologic (NASDAQ:CRYP) Ltd reported a 153 pct rise in fourth-quarter net earnings, ahead of its guidance and market forecasts, and said it expects continued growth in 2008.
SportingBet is back!
But only in Canada, eh? Pity. Obviously, they also take bets throughout much of the rest of the world...just not the USA.
SportingBet Plc has moved back into North American, but only for those in the Great White North. The publically traded company this week launched its new Canadian-focused sports betting website (See Website here), which will allow the UK-based company to offer its premium service to the ever-expanding Canadian sports betting market.
The world's largest provider of identity based information to the online gaming industry has called for an industry-wide "self-exclusion" process to tackle the issue of problem gambling following the decision by a gambling addict to sue a betting chain for losses incurred after he had 'self-excluded' from further activity.
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Tipp24 Net Proft Climbs to Tipp24, the online lottery specialist, has exceeded forecasts for the 2007 fiscal year with consolidated net profits of 6.3 million, according to the company's preliminary results released today.
Billings from mainly brokered lottery tickets rose by 31% to 346.8 million while revenues increased by 30% to 45 million, above the adjusted forecast for H1 2007. The increase has in part been attributed to a 32.4% rise in registered customers, 574,000 more than in 2006.
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