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Archive for the 'Gambling News' Category

Zynga Takes A Closer Look at Internet Gambling

Sunday, January 22nd, 2012

Gaming industry experts are keeping a close eye on social media gaming giant Zynga. Recent reports indicate that Zynga is discussing the possibility of entering the lucrative internet gambling market. The maker of FarmVille and Zynga Poker created a stir in the internet gaming world when the San Francisco based company issued the following statement [...]

Internet Poker Players File Lawsuit Against Ultimate Bet

Friday, January 20th, 2012

Eight internet poker players say they are victims of a cheating scheme on the Ultimate Bet website. The players are suing a Canadian company and several unnamed individuals. The players say that the company violated US gambling laws designed to combat organized crime. They also accuse the popular internet gambling site of defrauding players and negligently [...]

Interpol Warns of Possible Olympic Cheating

Thursday, January 19th, 2012

Placing a bet on one of the many Olympic events can be difficult. Even Las Vegas sportsbooks do not take bets on the Olympic Games. Sports betting is illegal in many countries and in other the laws are ill defined baking betting risky at best. Some experts say the ban on Olympic betting is to [...]

India’s Egaming Market Shows Great Potential

Wednesday, January 18th, 2012

Internet gambling experts have discussed the potential of new markets such as Asia, Latin America and South America but there is one potential gaming market that is rarely mentioned; India. India is the second most populous country in the world after China. India has about 1,200,000,000 people so the potential can easily be seen. In [...]

Asian Internet Gambling Market Expanding

Tuesday, January 17th, 2012

Asian countries have a centuries old gambling culture. In most Asian countries gambling is socially acceptable pastime and the popularity of gambling in Asia includes most age groups. Recently poker mogul and gambling expert Calvin Ayre said that Asia is a young and upcoming market for internet gambling. He also said that the Asian gambling [...]

2011 Not A Good Year For Gaming Stocks

Sunday, January 15th, 2012

For publicly traded gambling companies 2011 was not a good year. A majority of the gaming sector saw daily stock prices take a nosedive during 2011 despite signs of recovery in most gambling markets including Las Vegas. According to Las Vegas based financial consultant Applied Analysis seven out of ten casino operators and slot game [...]

Gaming Experts Urge Caution on DOJ’s Internet Gambling Stance

Sunday, January 15th, 2012

Federal prosecutors have opened the door for individual states to operate internet gambling sites without the need for federal legislation. Gaming experts are divided; some say that allowing individual states to operate internet gambling sites without federal regulation will create a hodgepodge of confusing policies and laws. Other experts say that if enough states launch [...]

Betfair Reaches Agreement With International Olympic Committee

Friday, January 13th, 2012

The UK is making preparations for the 2012 Olympic Games which will take place in London this year. Part of those preparations are preparations by the UK government to counter the threat of attempts to bribe athletes participating in the games. Hugh Robertson, the minister for sport told reporters “You cannot underestimate the threat this [...]

Massachusetts Tribes Mull Internet Gambling

Friday, January 13th, 2012

Recently Connecticut Governor Dannel P. Malloy said that because of a recent Justice Department internet gambling in the state was ‘inevitable.’ The DOJ memo opened the door to intrastate internet gambling for several states. At least one of the two Native American tribes operating casinos said that the state will have to create a new [...]

Internet Casino to Release Anna Nicole Smith Slot Game

Thursday, January 12th, 2012

She’s back. The online casino Golden Palace is releasing a new Anna Nicole Smith slot game. Smith died from a drug overdose in 2007. Smith was only 36 years old at the time of her death. In 2006 Smith allowed herself to be painted in gold for a series of publicity shots promoting the casino. [...]