Phantom Fiber Corporation, one of the largest supplier of mobile solutions, announced that Golden Palace Casino signed a five year contract with the Company. Golden Palace will use Phantom Fiber’s advanced wireless framework to offer wireless casino games to its world-wide clients.
“We feel that wireless gaming is imperative in delivering a complete solution for our customers and will further serve to increase our market leadership in the industry. Golden Palace became the Internet’s best casino because we have always maintained an aggressive and unique marketing strategy and event-based public relations”, said Richard Rowe, CEO of Golden Palace.
Expanding its Online Casino platform into the mobile gaming market, Golden Palace projects to continue its aggressive advertising strategy and become leader in the wireless gaming industry. Players will play at Golden Palace mobile casino games using more than 400 Java-enabled phones.
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Since the online gambling ban was announced few weeks ago in USA, eGaming companies are exploring merger possibilities and the actual US legal situation may have accelerated strategies in the industry. PartyGaming’s shares have fallen by over 75% in four weeks, and 888 Holdings’ shares fell by 25%.
The Telegraph reported on Sunday that these two online gaming operators, Party Gaming and 888 Holdings, have started preliminary talks about a possible merger to create a new online giant. Party Gaming is the world’s biggest online poker group, while 888 Holding is the owner of one of the most famous and reputable online casinos, 888.com.
Mitch Garber, the chief executive of Party Gaming, is on holiday in Israel, and announced further talks within the next week.
Industry experts report that online gaming companies are now looking to acquire rivals that have a strong European or Asian presence. Party Gaming has also started a deal to buy Gamesys, a well-known and estabilished European operator, and Victor Chandler, an online bookmaker with a big player base in Asia and Europe as well.
SportsInteraction announced that its Online Casino, poker room and sports-betting platform has switched from the Playtech software platform to that developed by Microgaming.
The decision was taken after Playtech’s decision not to accept US players anymore, and follows other similar changes of software providers decided by several other online gambling operators (read Betsafe choose Cryptologic)
SportsInteraction players in the United States will not be able to make any further deposits using the Playtech platform, but all accounts have been migrated to the new system, and they can continue to use the same account information and passwords.
Players who have already been registered at SportsInteraction group will have their account and password information working with the new software. The group is already hosting the new Microgaming software and US players can already open new accounts.
Ladbrokes, one of the most important companies among the online gambling industry, has criticised the US Unlawful Internet Gambling Enforcement Act (UIGEA), saying that any kind of prohibition isn’t the right approach and the UK government is right to regulate the online gaming industry instead of applying a ban.
On October 31 will have place the Gambling Summit at Ascot Racecourse (UK), and politicians coming from over 30 countries will debate about regulation of the online gambling industry.
Ladbrokes said they support the approach taken by the UK government. Spokesperson Ciaran O’Brien said:”The attempt to prohibit online gambling in the United States it’s something that is going to fail. Over 20 million people play online poker in the United States and they will continue to play and there are sites willing to accept them. Unfortunately many of these sites will not adhere to standards of social responsibility or player protection”.
O’Brien said also that gambling was a huge industry in the United States and added: “The UK Government is taking the right approach enforcing high standards of regulation. This will ensure that online gambling is kept free from crime, is fair to the consumer and protects the vulnerable and under-aged”.
Microgaming will be releasing a further 7 new games on October 31. These casino games are 3 new slot machines, 1 new muti-hand blackjack and 2 new poker games that will be released on online casinos powering Viper software.
The company provide reliastic Online Casino games with perfect graphics and sound effects, which allows innovative game features like Auto-Play and Auto-Hold. Microgaming has developed over 300 casino games since 1995, including a wide number of slot machines, progressive Video Slots, video poker and all classic games.
The new games Microgaming will launch next week are Pharaoh’s Tomb Video Slot, Flying Circus Video Slot, Dog Father Video Slot, Double Exposure Multi-Hand Blackjack, All Aces 10 Play Power Poker, 3 Card Poker Gold.
Poker Room says in a statement that in the light of the Unlawful Internet Gambling Act (UIGEA) signed on last october 13, it has decided to stop accepting new US players from October 25, and starting from November 6, it will no longer accept US real-money players.
“We regret that the U.S. has taken this step to make it virtually impossible to offer real money entertainment to U.S. customers, and we believe that a properly monitored regulation would be much more effective than this general ban”, said a spokesperson from PokerRoom.com.
PokerRoom.com website is closing their games to American players starting from November 6. This announcement was highly expected as Ongame was acquired this year by austrian company Bwin, which has already closed their bets to the US market. (more…)
An incredible $1,218,306.82 jackpot at King Cashalot progressive slot was won. The lucky winner, Tim F. became millionaire playing at Jackpot City Casino, a Microgaming Online Casino part of the Belle Rock Entertainment and the Jackpot Madness network.
King Cashalot was launched in July 2004 by Microgaming and is now accessible in more than 50 Microgaming online casinos.
Francine Haliva, spokesperson for Jackpot Madness, said about this jackpot winning: “This is the first time King Cashalot, a relatively new 5-reel 9 payline progressive, has made a player an instant millionaire, exactly what Microgaming imagined when they crafted up this medieval themed game. We’re thrilled that King Cashalot can now be included in this realm”.
The online gambling software developer Cryptologic has reached an agreement for the next three years with the top Scandinavian online poker room Betsafe. Cryptologic’s subsidiary Wagerlogic will provide an online poker package to Betsafe players within the end of this year.
Cryptologic has a solid reputation on the european market, and Lewis Rose, company’s President and CEO, said: “Thanks to a five-year focus on international markets, CryptoLogic’s software now powers the world’s largest shared poker network that doesn’t need US players”.
Andre Lavold, Betsafe’s CEO said that “We wanted a trusted software provider with a reputation for liquidity, stability, quality and integrity. CryptoLogic offered all this - and more”.
Betsafe will join the poker network that includes William Hill Poker, Interpoker, Littlewoods Poker, Sun Poker, Pokerplex, UKbetting Poker, Classic Poker, and soon, the new Playboy poker room.
The most famous scottish football team, Celtic FC have announced a partnership with FCPokerRoom and they will become the latest football club to open their own online poker room, Actually there are no details about the software that they’ll use.
The new poker room will offer exciting promotions and tournaments, where players will be able to form poker teams and play against each other as well as Celtic football heroes. High part of the income will help to finance a new training facility and the club’s youth development.
“Players will soon be able to play against teams from other Scottish Premier League football clubs in a new online poker tournament which could culminate in a Scotland poker team playing against an England poker team”, said FCPokerRoom’s director Andy MacDonald.
Hibernian and Kilmarnock are the other Scottish clubs affiliated to poker sites, but Celtic are the first to have their own site.
After the passing into law of the Unlawful Internet Gambling Enforcement Act (UIGEA) on October 13, Betcorp decided to sell its entire online gambling infrastructures in Toronto and Antigua to Bodog Entertainment Group SA for $11 million.
Betcorp took the decision to remove the company from the US market entirely, which means the 85 percent less of the company’s total online gambling revenue.
In the last few days Betcorp had to suspend all players accounts of United States players in response to the new law signed by President Goerge W.Bush and the company stock has fallen 77% in less than five days. Betcorp is only one of a high number of public companies in the online gambling industry that have seen their share prices and values dramatically decrease in the last few weeks.
The company is expected to receive a cash consideration of $9 million from Bodog.com, the giant Costa Rica-based company founded by Calvin Ayre.
