Archive for March, 2009

California the Next Hub for Online Casinos?

Monday, March 30th, 2009

While LA and California are already a central hub for so many things that are extraordinary and out of the norm, they may soon have yet another item to add to the list. These items being none other than having the state enter the world of online gambling.

With online gambling and the regulation of the industry being all the hype throughout the US as well as the remainder of the world, several large political figures are now behind the bill that could be the rescue that the American economy is looking for.

And while allowing online gambling certainly won’t cure all the problems that the country is experiencing, it could definitely create that boost that is really needed in order for things to begin to get back on track.

While the UIGEA is a policy that is a blanket policy covering all the US there are laws that govern individual states as well and make it possible for the states to make their own decision with regards to online gambling and certain parameters surrounding the issue at hand.

While the decisions can be made and the states can move forward, the law may still interfere with payment processes that are involved in making deposits and withdrawals for US customers.

Chances are the first type of online gambling that will be regulated will be online poker allowing US poker rooms to pop up with access to those within the state of California.

Various Industries Cash in on Online Casinos

Thursday, March 26th, 2009

Sure seeing three magical symbols on a row of slot machine line up on your computer screen is a happy occasion but everyone knows that while winning a big jackpot at either an online casino or a land based casino is a dream come true and a possibility it also happens to be a bit unlikely, so people all over the world are finding other ways to cash in from online casinos throughout the world.

There are so many ways to work with online casinos these days, and people all over the world are jumping at the opportunity to get into the industry before it completely caps off and becomes insanely over saturated.

Online casinos work in many different levels. Firstly, there are many players that take place in contributing to the construction of an online casino. This includes creating software for the online casinos, making adjustments and consistently renewing what is available to online casino members.

There is also a large element of user interface development as well as graphics and programming. After that there is also a large market of Affiliate programs which make money by referring people to certain online casinos throughout the web. If a player follows a certain link to a particular online casino that online casino will pay the person in charge of the link origination.

There are also other ways to cash in with regards to the online casino industry. In fact it is still a growing industry that will experience a lot of growth and modification throughout the next several years. So if you plan on getting a piece of the action, there is no better time than now.

Online Casino Operators Await Franks New Plan

Wednesday, March 25th, 2009

Mostly everyone that has one thing or another to do with the online casino industry is awaiting the new action plan from Finance expert Barney Frank. The US government official will be responsible for what is likely to take place next in terms of action with regards to online casino legislation in the US market.

The US representative told news agencies as well as the public that a decision with regards to legislation surrounding online gambling within the US is due out by the end of this month. As we are approaching the last few days of March everyone is anxious about what may or may not occur.

The EU has already investigated the potential violation of the trade agreement that disagrees with the UIGEA which is the act that make online gambling in the US unlawful. The EU has allowed for a grace period with respect to timing for the US to overturn their current decision and allow the European (along with the other countries) to enter back into the online landscape of the US.

There are many transaction performed between several countries on a daily basis but at this time online gambling in the US is not legally one of them. While there are surely still Americans playing at online casinos that dare to accept US transactions, there are a majority of online casinos that forbid US players altogether.

Players in the US aren’t Feeling the Love from Online Casinos

Monday, March 23rd, 2009

While online casinos do not get to choose who wins or loses at their online gambling websites, US players overall have reported less and less wins in recent times. Most likely a thing of coincidence but still leaving the US players wanting more or at least wanting to hear of a fellow American taking home a large jackpot from online casinos.

And while US players may feel that since many online casino players do not accept their transactions, this may actually be the reason for less wins in recent times. Statistically there are more players that play at online casinos from all over the world other than from the US and so since there are more players that are playing there will likely be more winners from these other places as well.

Online casinos powered by Vegas Technologies are currently one of the major companies that does allow and encourage US transactions. However, on the contrary there are many online casino software companies at this time that simply will not license an online casino that has recently or plans to process a transaction that is against the law in that particular country.

So if you are a US player looking for some action that results in a big winning jackpot and you may need to look just a little harder than before as online casinos are currently in fear of the law and are just waiting for the new laws to pass in favor of online casinos saturating the US markets once again.

Online Casino Software Provider Stock on the Rise

Thursday, March 19th, 2009

The online casino software provider known as Playtech has seen their stock in the green after a deal was made with online casino called Casino Gran Madrid. The stock price has been growing in recent times even through the down turn in the remainder of the stocks that are traded on a regular basis.
The software provider is definitely showing their competition CryptoLogic that they are a force to be reckoned with as one company keeps pulling a one up on the other with deals that are happening in their industry.

After Playtech announced their deal with Marvel, CryptoLogic came back stronger with the announcement of their new deal to showcase online casino games that feature characters from popular Hollywood productions. Playtech did not let their rival bask in the glory for too long as this new announcement comes only hours later.
The online casinos that are powered by either of these companies have been happy with their services but some have tried the services of both these companies and are happier with one versus the other.

Playtech says that they will continue to have a strong year in 2009 and promise to have new cutting edge games and software available to their clients in the online casino world.

CryptoLogic while running new software and launching games seems to have some troubles lurking in the waters as well as yesterday came an announcement about their latest earning show casing a large loss over recent times to the tune of over $33,000,000 dollars but promises of a stronger 2009!

32Red Launches 5 New Online Casino Games

Monday, March 16th, 2009

The online casino 32Red has announced that they are launching 5 new games this month after a successful month last month for several big jackpot winners at the online casinos as well as some honorable awards received this past January from a Casino Awards recognition program.

The online casino will be launching four new slot based games as well as another game that is a table game and is based on the popular Texas Hold’em game this game will be called Triple Pocket Hold’em Gold. The slot games that are launching will be called Kings& Queens, The Fighting Fish, The Rat Pack and Beach Babes.

All the slot games are sure to be a big hit as new slot games that are introduced always create a lot of hype and are quite popular with players that are looking to learn about a new game, change their luck or just mix it up a little bit.

The online casino is very excited about these additions but is also currently promoting their traditional and most popular slot game called major moolah as the progressive jackpot is now over 5.6 million which is an amount that is rarely found on an online casino progressive slot game and it seems as though this particular jackpot is ready to blow at any minute.

The online casino also continues to bring new and exciting bonuses and membership advantages to their player base new and old. The current bonus allows players to double their money just for signing up so there is no better time to take advantage of signing up.

Many Win this Week at Online Casino on American Idol Vote off

Friday, March 13th, 2009

There have been many winners this week at several online casinos that take bets on the stars of reality TV show. The most popular wager to place on reality TV this week was that of American Idol. This week there were to people voted off , one being a younger contestant named Jasmine and the other named Jorge.

With a new element to the show called the “judges save“ many can place a bet that they right contestants will surely stay on that stage as long as they belong. The judges save allows the panel of four judges to rescue a contestant that has been voted off and keep them on the show but will result in an additional vote of for the week to follow.

Idol believes that in the past there have been several contestants let go simply due to a rough performance or inadequate voting.

Online casino players that places a wager on an Idol contestant this week were an overall happy bunch as most agreed with Americas decision to vote off those that had left the show this week.

Many players have their money set on a few crowd favourites such as Danny, Adam, and Lil Rounds.

Making a wager on reality TV shows has become quite popular at online casinos that will accept the wager as more and more people are turning to their TV for entertainment in a down economy that leaves less expendable income for entertainment outside of the home and makes people turn to making some money versus spending some.

Online Casino Lawsuit with the US

Thursday, March 12th, 2009

The ever popular online casino group PartyGaming has announced that they are nearing a settlement in an ongoing lawsuit with the US government that began when the company was accused of participating in online gambling transaction with the US population after the US government had regulated the industry and pronounced any activity associated with online gambling to be illegal.

The initial settlement for the activity was said to be upwards $300 million dollars and is now calculated to be closer to $150 million dollars being owed by the company to the US.

The online casino continued to offer online poker access to US players after the laws came into place in 2006. It is important to note that while they stayed in the US for a short while, once the law was passed they quickly wrapped up shop and closed the online casino doors to their US customer base.

The courts have been processing this case for several times now and the word is that they are nearing an agreement.
Rumour has it that if the law that Barney Frank proposes to the US government with regard to regulating online casinos and online gambling in the US does pass than PartyGaming will be one of the first online casino companies to jump back into the US market and try to capture as much market share as they can before new players in the industry (mainly companies based out of the US) try to grab those players and members that belonged to the well known online casinos in the past.

Software Company List of Online Casinos is Growing

Wednesday, March 11th, 2009

The software company Playtech is very well known in the online gambling industry for their cutting edge technology, growing game availability and their long list of popular online casinos that use their service to foster their business and get them to the top of the member list where they are today.

The popular software company has just added yet another large online casino to their client list as Untied Casino now joins the group of other online casinos that are powered by Playtech. Both companies are quite happy with this new relationship and are both hopeful that it is a lucrative one on either end.

The online casino claims that they will now be much faster to the end user as well as offer many more games for players to choose from when playing at this online casino.

The plan is stay current and keep the strategy moving along as the market evolves. The online casino offers players a multitude of games to choose from including a variety of table games as well as a variety of slot games for those looking to hit a big jackpot and press their luck.

The online casinos promises to continue with great customer support and quick resolutions and turnaround time for anything that need adjusting.

Along with this new relationship the online casino has launched several new bonus offerings in the hope of creating more buzz and acquiring some more customers throughout this transition to a better online casino for the current members and the future members to come.

Online Casino Becoming Activity of Choice during Recession

Tuesday, March 10th, 2009

It is becoming very hard for some households to maintain their entertainment habits during these tough economic times. Online casinos have always been a good form of entertainment but a study that was completed by a worldwide organization reported that for the first time ever in 2008 the online casino industry reached an income value of over 20 billion dollars making this the year that has had the largest total amount of money made.

With the recession people are trying to find forms of entertainment that are less costly and trying to save on things such as gas and travel and other costs associated with going out and finding something to do that is outside of the home.

And while it may seem silly that people turn to an online casino at a time when money is tough, there were also questions that were answered to the tune of people hoping that they will be the next big winner so that these hard times become a little easier.

Online casinos can also offer hours of entertainment at a very little cost or even for free. There are plenty of sites that allow members to create play money accounts and play for free. There are also many options that allow players to play with minimal amounts of money like pennies slots and even poker rooms that have limits as low as 2cents and 4cents.
Whatever the reason this is a great time for online casino companies as they continue to thrive in a time when almost every other industry is lucky to stick around.