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Saturday 13 March 2010
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Betsson wins argue that Swedish lottery law is not compliant with EC-law
Swedish Lottery Inspection and government's Svenska Spel loses monopoly bet.
The Swedish Supreme Administrative Court revoked, until further notice, the Administrative court of appeal's ruling regarding Betsson's betting shop. Betsson did close down the betting shop last week as an affect of the ruling by the Administrative court of appeal, but as result of the Supreme Administrative Court, Betsson has re-opened the betting shop at Götgatan 37 in Stockholm.
Betsson argued the case of the Swedish Lottery Law not being compliant with the EC-law, and thereby the law itself is illegal. The EC-court has previously stated that a member state which actively through marketing encourage gambling through state owed gambling companies, cannot exclude private betting companies from the market.
December 29, 2009
PokerStars sets new tournament record
New record set with 149,000 players signed up in tournament.
As reported by PokerStars a new record was set on this last Sunday of the year with a total of 149,196 players signing up for the record breaking tournament. PokerStars added more than $150,000 in prize money, and with a one dollar sign up they did break last year’s result. To this the new Guinness World Record now shows PokerStars as holding the record for the biggest poker tournament ever held.
In the end oskar69 did beat the biggest field in poker history and as result he had a $50,000 payoff. Other tournaments held at PokerStars this Sunday was among others the Sunday Million where coach6999 walked away with a winning of $143,444.
December 28, 2009
Cryptologic launches games based on Superman, Braveheart and Forrest Gump
DC Comics' Superman and Paramount Pictures' Forrest Gump and Braveheart is now available to many of the world's Internet casinos.
The DC Super Heroes are not the only big entertainment brands making their debuts at Internet casinos this fall. CryptoLogic's other new games are based on feature film characters Forrest Gump and Braveheart, following a multi-year deal signed with Paramount Digital Entertainment.
The new game pack also features video slot games Just Vegas and Fumi's Fortune, a new table game in Perfect Pairs Blackjack, and the Asian influenced game Sic-Bo. Also introduced is a "Double Double Bonus" variant added to CryptoLogic's video poker line up.
December 26, 2009
Ladbrokes to enter Italy
Italian gaming market expected to show rapid growth.
Ladbrokes expects to launch online poker in Italy early 2010, followed by casino and bingo games. The classic bookmaker company will now focus on internet gaming in Italy and the first games out are Texas Hold'em and tournaments to Italian players, in compliance with Italy’s gaming regulations of Italy. However these rules are expected to change early in the new year with cash poker tournaments, which allows players to win pots based on the amount of money wagered in tournament poker, hence the winning pots will be based on fixed entry fees.
Italy is expected to be one of the most prosperous European gaming markets 2010 and cash poker is expected to rise the Italian poker market from €1bn to more than €3bn, and with gaming sectors such as online bingo, casino and VLT (video and lottery terminals) the Italian gaming market is expected to show a rapid growth and expansion in the new year.
December 25, 2009
Germans continue to play online
Despite being prohibited by the State Treaty On Gaming, a recent survey shows that around two million German adults play online.
The research, conducted by Forsa, shows that 300,000 women and just over 1.7 million men in Germany places their bets online.
They survey further revealed Lotto as the most popular game as it was played by 59 percent of the online gamblers, followed by poker with 22 percent and sports with 18 percent. Lotto is especially popular with women as 64 percent of the female online players revealed that they take part using the internet, compared to 57 percent of the men. Two-thirds of those taking part in the survey claims to spend less that €20 per month, while the remaining third said that they regularly spent more.
December 25, 2009
Rise in Gaming VC revenues
Gaming VC Holdings S.A. (AIM:GVC), announces a trading update mid-way through the final month of the trading year.
Accordingly to the press release Gaming VC continues to show strong revenue, as the average daily revenue for the fourth quarter 2009 have increased by 30 percent, compared to the same period last year. Excluding revenues from Betboo, the recently acquired South American online gaming business.
Gaming revenues in Q4-09 have been averaging €124k (Q4-08 €107k) while Sports revenues have been averaging €42k (Q4-08 €21k). Sports margins in Q4-09 have been averaging 29.5% (Q4-08 11.1%)
December 25, 2009
Eric Baldwin Player of the Year
It’s been a good year for Eric Baldwin to say the least, gold bracelet and new member of Team UB.
Days after he received the award Player of the Year by Card Player Magazine, Baldwin also signed a sponsorship deal with Ultimate Bet. Baldwin will become a member of Team UB, joining poker professionals such as Phil Hellmuth and Annie Duke.
Baldwin says that he is flattered to have been offered the deal and is looking forward to all the opportunities ahead. Baldwin won the 2009 POY award with an outstanding performance, stacking up 6,994 points as he made it to an impressive 17 final tables during the year and he has won four poker tournaments in 2009, including his first gold bracelet in World Series of Poker, event #34 and $1,500 no-limit hold’em.
December 23, 2009
Mobenga expand to Australia with TOTE Tasmania contract
Swedish mobile gaming and content enabler Mobenga has partnered up with Agility Interactive leading provider of advanced technologies for media, gaming and technology to enter the Australian and Asia Pacific market.
The partnership has already produced very positive results and has lead to Mobenga having been awarded with a contract for providing full mobile services to TOTE Tasmania. Mobenga will supply a mobile horseracing and sports betting product that will enable TOTE Tasmania to launch one of the first mobile betting services in Australia. The service is due for launch in 2010 and will feature downloadable JAVA applications, mobile Internet and iPhone specific versions.
December 22, 2009
Net Entertainment moves to Nasdaq OMX Stockholm MidCap
Nasdaq OMX Stockholm has decided to move Net Entertainment (NET B) from the Small Cap list to Mid Cap. The change is effective January 4, 2010.
December 18, 2009
Mangas Gaming takes over Everest Poker
Mangas Gaming acquires 60% of Everest Gaming from parent company Giga Media Limited.
Accordingly to industry news the deal is another step for Mangas Gaming to strengthening their presence on the European market. Previously they have acquired other major operators such as BetClic, Bet-at-Home and Expekt, and recently they expanded operations with a Maltese gaming license.
December 18, 2009
PartyGaming and Bwin talk merger
This past weekend Sunday Times reports that PartyGaming and Austrian betting powerhouse Bwin are discussing a merger.
This news is a big reason both stocks jumped early Monday as talk of the creation of a $2 billion gaming powerhouse spread among investment groups with PartyGaming jumping 2.5 percent and Bwin gaining 4.1 percent. Considering that Bwin is one of the world's leading sportsbooks and PartyGaming is the fourth-largest poker site, this looks like a match made in heaven for the investors. It does raise some questions, however, including whether this is really a big deal because online sites frequently discuss possible mergers. Also there is a question as to whether the possible merger with the sportsbook would hinder or help PartyGaming's attempt to move into the U.S. if the UIGEA is repealed.
December 15, 2009
Jersey to set up gambling commission
Jersey opening doors to gambling.
For many years, the attitude of Jersey’s authorities towards gambling has been slightly cautious. The states of Jersey have already a strong reputation as a financial services centre but are in the process of analysing opportunities for economic diversification through the development of a local gambling industry. In this regard, the members of the States Assembly have approved the principle of the setting up of a Gambling Commission.
December 14, 2009
Account closed and money lost in grab and run?
Pitbull Poker on the run, players losing their funds?
Accordingly to industry news it would appear that another grab and run have taken place and that no money is to be found? It is poker site Pitbull Poker, and where poker professional Sami Querdani has reported to have lost well over $10,000. In an attempt to recover his fund he says that he has followed instruction on Pitbull Poker's website, but where communication with the brand appears to be a one-way-street as no representatives are responding when players attempts to cash out.
December 10, 2009
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Games Directory Check out the games directory, game rules, tips and odds for new players, semi-pro and pros...
Poker Tips "When holding a winning hand in hold´em and you check... You´re giving opponents a free card without risk"
Texas Hold'em The pots are bigger in Hold’em than in a stud or draw game and hands per hour often double in comparison. This gives a player twice the chance and makes Texas Hold’em the most popular game of poker.
Seven Card Stud Seven Card Stud is a popular and well known form of poker and is played with up to eight players. Using one deck of cards (52 cards), with jokers excluded, the player is dealt a total of seven cards.
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