Posts Tagged ‘UK casino news’

Gala Coral Moving Offshore

Tuesday, February 21st, 2012

The UK Gambling Commission has just received word that Gala Coral is planning on taking its online gambling operations offline. The company has recently announced that it simply cannot compete with existing offshore gambling operators and have decided to bite the bullet.

This will mean that the last major UK gambling operator has finally left the market. Ladbrokes, William Hill and now Gala Coral will have now left the country for greener pastures. This comes as a huge disappointment to the UK Gambling Commission; however, it seems to be the motivation that the government needs in order to ensure that the government passes its new laws concerning the taxation of offshore operators.

Local reports indicate that, because the UK government does not tax offshore operators, the country is missing out on over £300 million gambling tax revenue. Because a portion of these profits go to social programs, the country as a whole is losing out.

The new legislation aimed at taxing offshore operators will receive a second hearing on March 30, 2012. With the news of Gala Coral leaving the country, it is likely that the bill will receive a great deal of support.

Genting to Work with Fournier for Poker Series

Thursday, February 16th, 2012

The Genting Poker Tour is one of the most exciting events in the UK poker world, attracting a wide range of players from across the country. The tour hits a number of stops around England and Ireland, offering players a chance to compete for amazing cash prizes.

When it comes to behind the scenes action, however, the biggest winners are those that partner up with poker tournament operators. As such, one of the most profitable deals a card manufacturer can take part in is one with a casino operator like Genting.

Genting has announced that Fournier will be the official supplier of cards for the upcoming tournament, an exciting deal for both parties. Fournier was a front-runner for the position, as the company already supplies cards to Genting’s land-based casinos, offering them a competitive edge.

Fournier has proven itself to be a trustworthy brand over the years. Genting reports that the cards they’ve used have never been faulty or defective. In large tournaments, this is very important, as marked cards can lead to cheating.

The next leg of the Genting Poker Tour will take place on March 25 at London’s Fox Poker Club. The tour will also hit stops in Edinburgh, Sheffield and Stoke.

PokerStars Launches Mobile Gambling Application

Tuesday, February 14th, 2012

Today, PokerStars has released a new mobile poker application, available for a wide range of smartphone and tablet computer devices. It is the first real-money application of its kind, making PokerStars somewhat of a revolutionary in the mobile gaming market.

Zynga and other online gaming operators have previously launched mobile poker applications; however, none of them offer players the ability to play for real cash prizes. As such, PokerStars’ app is the first real-money mobile poker application, providing players with the ability to win real money while playing games on their mobile phones.

Several different games will be available on the application, including Texas Hold’Em and Omaha. Pot Limit, No Limit and Hi Lo variations will all be available to users. Players will also be able to take part in tournaments.

Players can also access some of PokerStars most useful online features, including hand histories and multitabling. As such, PokerStars had made it so its mobile application is no different from its mobile application. Of course, there are still some features that have been left out, but as it stands, the new mobile application is a great mobile substitute for online play.

UK Gambling Commission Requests Changes to ‘Red or Black’ Gameshow

Tuesday, February 7th, 2012

Simon Cowell’s new television gameshow ‘Black or Red’ has come under fire recently for glamourizing the activity of gambling. The UK Gambling Commission has thus requested that a few changes be made to the game’s format.

‘Red or Black’ premiered last year on primetime television. Competitors gained the chance to play the game live on television by purchasing lottery tickets for just £1. Once one the show, the competitors witnessed stunts and situations and were required to guess the outcome: either Red or Black.

Over the course of the show’s first season four people walked away with the £1 million grand prize, a fact which caused the UK gambling commission to worry. Participants were not required to do or risk very much in order to win these generous prizes, casting an unrealistic light on the world of gambling.

As such, the UK Gambling Commission has requested that the show change its format before beginning to film the next series. The commission hopes that the show’s producers will require players to show some degree of skill in order to win prizes; otherwise, legal action may be taken.

Investors Told to Take Caution With Gambling Stocks

Wednesday, February 1st, 2012

The UK’s online gambling market is expected to see a great deal of changes this year. The introduction of a new tax will see profits decline for UK-based companies that have recently moved offshore, analysts to caution investors against putting too much faith in gambling stocks this year.

Ladbrokes, William Hill and Betfair are three companies listed on the London Stock Exchange. Over the course of the past few years, however, all three have moved to offshore locations to avoid paying steep gambling taxes to the government. While the move initially helped to improve their profits, the UK Gambling Commission has found a way to close the loophole by requiring offshore operators to obtain new licenses.

This is likely to have a detrimental effect on these companies and their profits, and the turmoil is likely to travel down into the pockets of investors. With profits expected to wane as a result of the new taxes, investors are have been warned against working with gambling stocks.

Already, prices are beginning to drop, as Ladbrokes has seen a 2p decline and William Hill has dropped by at least 4p. Things aren’t looking good for UK gambling stocks this year, since the year has already gotten off to a bad start.

GUKPT 2012 Promises Excitement

Monday, January 23rd, 2012

Today, Grosvenor Casinos kicked off the 2012 season of the Grosvenor UK Poker Tour in Manchester. This year’s event promises a great deal of excitement for all runners and spectators, introducing two new legs and lucrative new events.

Traditionally, the GUKPT has stayed within English borders, never venturing outside of the area. This year, two new legs will see the tour expand across borders into Ireland and Belgium. Legs 5 and 6 will take place in Dublin (May 6) and Brussels (June 3), adding a bit of international flavour to the tournament series.

The tournament itself will also undergo some changes with the addition of four new Main Events. These events will include two deep stacks and two £500 six-max tournaments, adding a great deal of excitement for all those involved. Winners of this year’s events will also be granted seats in all of next year’s Main Event games.

The GUKPT’s next stop is in Walsall on March 3, and promises to be an exciting event. From there, the GUKPT will travel at least once a month to a new location across the UK. The final will take place at the Victoria in London sometime in December.

Ladbrokes Makes Move Into American Online Gambling Market

Friday, January 20th, 2012

Operators across Europe are working hard to get into America’s online gambling market. Ever since the Department of Justice announced that the Wire Act would no longer apply to most forms of online gambling, gaming companies have been scrambling to become a part of America’s online gambling world.

Ladbrokes is the latest company to attempt to enter the American gambling market. The UK-based operator recently spent £2 million on a 65% stake in Stadium Technology Group. The company is responsible for the IT departments in some of Las Vegas’ biggest casinos, including Treasure Island and the Golden Nugget.

Working with an American company seems to be safest bet for international operators. By entering the market on their own, they could face isolation and even legal repercussions. Companies like PlayTech and IGT have also gone this route.

This puts Ladbrokes in the perfect position to enter the American online gambling market. Las Vegas is one of the states that is closest to offering online gambling, and Ladbrokes will be in the ideal place at the right time.

UK Government Concerned About Gambling Ads

Monday, January 16th, 2012

The UK Government is none-too-pleased with the amount of gambling ads that air on television each week. Tessa Munt, a Liberal Democrat, has recently made her concerns known, asking Prime Minister David Cameron to intervene.

She recently presented her case to Prime Minister Cameron, presenting statistics which demonstrate just how saturated the UK television market is with gambling advertisements. Munt stated that in just one week, 36 hours of gambling advertisements aired. This means that almost 20% of what is being broadcasted on television is gambling ads.

David Cameron seemed to agree with her point-of-view. He called the advertising tactics of gambling operators “aggressive”, stating that it may be irresponsible of them to bombard the television-watching public with so many advertisements about gambling.

Gambling operators would have to disagree, however. Popular gambling operator Paddy Power claimed that its tactics were more ‘entertaining’ than ‘aggressive’, but the government still seems quite shocked with the amount of ads being shown by gaming operators.

What this means for the casino marketing industry remains to be seen. Some believe that it may result in a cap on the number of advertisements a casino may show, while others believe that the government simply will not intervene.

Live casinos are an exciting new trend in online gambling

Thursday, March 24th, 2011

Last year over 90 live dealer casinos were introduced making live casinos one of the fastest growing areas of the online gambling industry. Unlike computer simulations in regular online casinos, live casinos have living, breathing dealers in charge of the games. A steamed video link allows players to watch the dealer roll the dice, spin the wheel, or deal the cards and by using an instant messaging chat function, players can interact directly with the dealer or pit boss and other players online.

In keeping with this exciting new trend, Right Casino Media has just introduced a new website, LiveCasinos.co.uk. Right Casino Media based in the UK provides casino reviews and advertising solutions to some of the largest online gambling companies in the UK such as Ladbrokes, William Hill, 888 Casino and Bet365.

The new website will operate as a live casino review site and target players in the UK market. Online gambling experts will contribute their expertise to reviewing the best and worst live casinos, provide information about available games and live dealers, payout rates and live casino bonuses. Currently, LiveCasinos.co.uk. operates twelve live casino sites created to help players find reputable online casino sites that are safe, enjoyable and government regulated.

New Games at All Slots

Thursday, January 6th, 2011

All Slots is ringing in the new year with a brand new set of online casino games that are sure to keep players captivated for the month of January.

Hot Ink is the most exciting of the new titles from All Slots, featuring a unique tattoo parlour theme. The game’s symbols are drawn in a very stylized mode, with a vintage feel to them. Not only are the tattoos designed like Sailor Jerry’s from the 1950s; there are also pin up girls on the reels to add more of that retro feel. The game runs on a 4×5 grid, allowing players to take advantage of over 1000 ways to win, and there is also a ReSpin feature.

The next game to be released at All Slots is Monkey King, which presents a modern take on traditional Chinese folklore. The game features characters from the tale’s many chapters, including Budda, Yama and Siddharthain. There are 30 paylines on this brand new online slot and players are presented with several fun bonus rounds that can be used to pick up extra cash.

Finally, there’s Private Eye, and the theme is exactly what you would expect it to be. Set in the 1940s, the game follows a detective as he solves a crime. Private Eye is an All Pays slots game, which gives players 243 chances to win.