Jun 15

According to IDC research, online gambling is going to expand its activity over Asia. The development of the online entertainment is very strongly connected with the broad access to the internet and computers. This access is becoming easier and easier because of the lower costs of producing and maintaining the hardware. It is estimated that in the area of South Korea the number of computers will increase to 100 million and the number of mobile phones - to 400 million (in 2003). Although the telecommunication industry had some problems during the previous year, the situation will change thanks to the investors contribution. The same situation will take place in the Asia Pacific where the communication technology is going to develop extremely fast.

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Jun 15

For many Australians gambling is a big problem. Even 60 suicides annually are caused by gambling problems, according to Gary Banks, Chairman of Productivity Commission. Banks claims that new laws are necessary in order to reduce this worriedly high number. 300,000 Australians are said to have serious and 130,000 – very serious gambling problems. Since 1997/98 there has been a 15% increase in money spent on gambling. There has also been a 5% increase in the use of poker machine. An average of gambling spending per adult amounts to $1,000 a year.

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Jun 15

EmailProtect is a good solution for people who do not want their email boxes to be littered with unwanted emails. ContentWatch Inc. developed this program with computer users who receive porno or gambling sites in mind. Jerry Ropelato, Chief Operating Officer of ContentWatch, claims that EmailProtect can block emails according not only to their senders, but also their types. What is more, the program also prevents spammed porn (“sporn”), which amounts to 2.5 billion emails per day. Gambling sites often send a lot of graphics to their customers. The graphics occupy much inbox space. That is why EmailProtect enables only casino info to get into the email box, but makes the same impossible for the graphics!

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Jun 15

Capital punishment for six gang leaders and either deth with probation, life sentence or one to twenty years in jail for twenty other members are the result of trial in Hainan, South China. Criminals were accused and proved guilty of possessing and trading firearms which they also used to kill five men, and seriously wound other five, during keeping their illegal casino and lottery. They gang was also proved to be forcibly running local fishing industry.

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Jun 15

Lately, a new guide to the World’s crowned 50 gaming companies was introduced by the UKs’ Betting and Gambling Consultants. Results of  close, one-year long research, have showed that the following companies surpassed the FTSE 100 by 57% as well as the Dow by a 48% margin. As says Warwick Bartlett, the company’s creator, “We are going to write to all the leading financial institutions to see if they would like to set up an investment trust or a unit trust because the performance is pretty impressive.”. The top of the list belongs to three following companies: The Las Vegas Slot machine broker (prized above $5 billion), International Game Technology, and MGM Mirage and Harrah’s Entertainment, US operators (prized more than $6 billion). Moreover, the resort Casino, Boyd Gaming, Continue reading »

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Jun 15

The House have approved a law intended to prohibit gambling and prevent any money filtering  behavior. In fact, passing the Senat this year is a real slim chance. There are other priority that the Senat is about to attend to e.g. a financial plan or a pending the situation in Iraq. ” I don´t see the bill having a chance this year.”  said Sen. John Eisen. The new prohibition affects offshore online gambling domains under the aegis of service providers. It induces authorities to cut that kind of Websites, credit card practice and cash tranfser systems that concern online gambling purposes. However, Nevadan Casinos are not included into the bill. Nevadan Casinos are able to open online casinos only in case of a total lawfulness. All in all, if the bill is not approved by both of offices of Congress, legislators would have to go through the process again and present its submission next year.

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Jun 15

According to a bill that has been pushing by U.S. senators that bar online gambling, on Wednesday Barbuda and Antigua, the twin Caribbean islands, declared that they will protest against that kind of law. They believe that the bill will have bad influences on market and will cause huge unemployment. The Islands’ government has taken some special steps to prevent the bill from being passed.

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Jun 15

Tower Casino group has recently been acquired by Stanley Leisure. Leisure is a leading casino operator placed in Liverpool. The worth of Tower Casino is approximately $67.3 million cash. Leonard Steinberg is a chairman of 5 Tower casinos (the group of casinos that include Tower Casino). Two of 5 Tower casinos are placed in Birmingham. Three others are located in Reading, Blackpool, and Derby. 5 Tower casinos will increase Stanley’s acquisition by 40 casinos, 3 of which are in London. Leisure’s profit skyrocketed by 42% bringing pretax profit up by $53.2 million. What’s amazing is that five years ago Stanley Leisure had a betting business with some casinos on the side. Now things have changed and these casinos are of a very good quality.

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Jun 15

On Monday the main gaming entertainment company, Boss Media, announced new plans with two fine-situated Online gaming places. As Victor Chandler Casino and Super Vegas Casino were up and running, Boss Media´s popularity maintains a steady growth. The Victor Chandler Casino is run by the Victor Chandler Group (a well-known book maker around for over fifty years) and the U.K.´s chief sovereign book maker. The Super Vegas Casino is controlled, among other book producers, by Sportingbet.com - a chief online and phone sports betting service and Casino company  (around 450,000 players). The Victor Chandler Group also presents a variety of sports gambling in twenty-three countries worldwide.

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Jun 15

Results of a new gaming study conducted by Goldman Sachs & Co. were revealed last week. They showed that “cashless” gaming is preferred by Las Vegas inhabitants. Players are compensated with tickets rather than coins when using the “coinless” machines.
Three hundred Las Vegas residents took part in the study. 60% of the participants have played with the “coinless” machines, 59% favored them. It’s believed that as the casino industry becomes more and more involved with cashless gaming, the patented Scan After Print technology should become a standard option on every slot printer installed in the future. The Scan After procedure guarantees a precise bar coded ticket found at the slot machine and cashier spot.

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