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Archive for December, 2011

Smart Phone Sales Drive Mobile Gaming Growth

Friday, December 23rd, 2011

Earlier in the year smart phone experts predicted that sales of mobile devices would exceed the sales of desktops this year. They also said that sales of mobile devices would be double that of the sales of laptop and desktop computers. A recent study by technology research firm Gartner confirmed the predictions. The Gartner research [...]

Is Online Casino’s Success to Be Overtaken by Online Bingo?

Thursday, December 22nd, 2011

Casino has been an extremely popular venue ever since it emerged, and not even prohibition, restrictions and various types of bans throughout the world managed to diminish its success. We’ve all witnessed the big boost in the online gambling industry with the entrance of online casinos in the market. With their variety of games, affordability [...]

Full Tilt Reaches $80 Million Agreement With the Department of Justice

Thursday, December 22nd, 2011

Internet poker players are painfully aware of last April’s seizure of four poker sites including Full Tilt Poker. After the seizure players at Full Tilt found their accounts frozen and had no access to their accounts. In mid November there was finally some good news for account holders at Full Tilt. It was announced that [...]

Betfair Says Football and Mobile Gaming Drive Earnings

Wednesday, December 21st, 2011

It’s no secret that mobile gambling is driving the growth of the internet gambling industry. Virtually unknown just a few years ago the advent of iphones and Androids have made mobile gambling applications possible. Just about any mobile device with internet capabilities can be used to gamble online. Recently Nokia, one of the world’s largest [...]

Bingo in the Trenches and Beyond

Wednesday, December 21st, 2011

Bingo was a popular pastime amongst soldiers in the First World War. Although playing any game for money was against the gambling law, at least for poor people, (it was perfectly OK for the rich to gamble) it was tolerated in the trenches. By all accounts it was not played entirely fairly. The games were [...]

Success Predicted For Liberalized Spanish Internet Gaming Market

Tuesday, December 20th, 2011

According to recent news reports Spain will be the next European nation to liberalize its laws regarding internet gambling. Legislation passed last May will take effect on January 1st 2012. The Spanish cabinet approved the legislation and the nation will now license and regulate internet gaming operators. Estimates say that about 80% of all internet [...]

Poker Site Ran ‘Ponzi Scheme’ Says Federal Prosecutor

Saturday, December 17th, 2011

Every American internet video poker player is painfully aware of the seizures of four poker websites back in April 2011. Many players were left in limbo without a way to recover funds in their online poker accounts. Preet Bharara, a district attorney in New York is the prosecutor behind the seizures. The events that led [...]

Spending on Gaming Exceeds $74 Billion in 2011

Friday, December 16th, 2011

A report by Gartner Inc. released earlier in the year shows that what they call the gaming ‘ecosystem’ is undergoing changes in technology and business models. Gartner predicts the changes will be ongoing until 2015. The report estimates that globally players will spend about $74 billion dollars by the end of 2011. The 2011 figures [...]

States Bet On Legal Gambling

Thursday, December 15th, 2011

Many states, faced with mounting budget deficits, are turning to gambling to fill the void. Many states are expanding gambling options and are liberalizing gambling regulations to encourage growth in the industry. Legal gambling has created thousands of new jobs and states want a piece of the gambling action. Not everyone is happy with expanded [...]

Connecticut Ponders Internet Gambling

Wednesday, December 14th, 2011

Occasionally in the world of gambling new games can cannibalize older ones.  In Connecticut lottery revenues declined after the introduction of parimutuel betting at a Plainfield dog track and jai alai frontons in Hartford, Bridgeport and Milford. When slot machines were introduced at Foxwoods casino in 1994 Connecticut’s share of pari mutuel betting declined from [...]