Casino Games

Update Filippijnen Voorlopig Verbod Toegewezen-Beschermingsrechten in Werking (Market Wire)

2011-07-01T21:57:00.000-04:00

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Winmedia Brings Live Poker Betting to Life With Radio Frequency Card Identification (Market Wire)

2011-06-23T18:50:00.001-04:00

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Poker Player Crowned WSOP Champion After Six-Way Deal

2011-05-02T01:10:00.000-04:00

Tom Crowe has become the latest World Series of Poker (WSOP) champion after a deal was struck with six competitors remaining at the table on the final day.

The US star was taking part in the $300 buy-in Omaha High-Low Split tournament – otherwise known as Event Three at the current stop at Caesars Palace in Las Vegas.

For his victory, Crowe took home a first prize of $9,766 (£5,914) and a coveted WSOP gold ring, the first of his career.

The top 12 finishers in the poker tournament won a cash sum, but only after the final six had come to an agreement over the result.

Crowe was playing in his hometown and may now be looking forward to the seven remaining WSOP gold ring events due to take place in the current run at the casino in Nevada.

WSOP will return to Caesars Palace next month when its end of season National Championship is held at the venue.

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Poker Player Details WSOP Warm-Up Events

2011-04-30T01:21:00.000-04:00

One of the world's top poker players has told how he will head to Madrid in order to prepare himself for the upcoming World Series of Poker (WSOP) championship.

Daniel Negreanu, writing his blog for Full Contact Poker, explained he is to travel to the Spanish capital for the European Poker Tour Grand Final.

Although he has never visited the city before, he has played in Barcelona and said he is hoping for a "similar vibe".

"While the US has obviously taken a hit in terms of poker, the game is thriving internationally and I expect to see a decent sized field in Madrid," Negreanu noted.

He went on to express his hope that the poker world will soon pick up and become more lucrative for both players and media staff as it is financially difficult at the moment.

WSOP is currently hosting a number of events at Caesars Palace in Las Vegas.

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Poker Player Randy Huberty Takes Down WSOP Event

2011-04-25T01:52:00.000-04:00

A 54-year-old poker player from the US has triumphed in the latest World Series of Poker (WSOP) event in Las Vegas.

Randy Huberty, from Kentucky, won the tour's $500 buy-in No Limit Hold'em competition at Caesars Palace in the Nevada city.

As a reward for his superb achievement, the poker star was handed a first prize of $29,047 (£17,882) as well as one of WSOP's coveted gold rings – the mark of a champion.

The top 27 finishers in the poker tournament took home a cash prize from the pool of $118,560, which was created after a promising field entered.

Indeed, the statistics show some 247 people took part in the event, up from 195 in the same contest last year, taking the total in the first two events of the stop at Caesars Palace to 695 players.

WSOP will be back at the venue in May, as it is also due to host the prestigious National Championship.

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River Rock Casino 'Is Bigger And Glitzier Than Rivals'

2011-04-24T11:48:00.001-04:00

A newspaper has looked back on the last ten years in British Columbia, during which time the province's most prestigious casino has been constructed.

The Vancouver Sun noted the River Rock Casino Resort in Richmond was designed to be "bigger and glitzier" than its rivals in the sector.

In many ways, the region is back where it started, as authorities are now looking to trump the development when they introduce the BC Place complex over the coming months and years.

Commenting on the extent to which bosses went to ensure River Rock was the best in the business, British Columbia Lottery Corporation president and chief executive officer Michael Graydon told the newspaper: "We didn't feel they had taken the finishing and the amenities far enough, so we asked them to go back and revise the planning on that basis."

In other casino news, the Sahara in Las Vegas is nearing the end after it was confirmed the venue will be closing on May 16th.

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RUMOR: Clive Owen To Take Over As James Bond After Next Movie? - Comic Book Movie

2011-01-16T20:24:00.000-05:00

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Casino-cheating leader pleads guilty to conspiracy - TheDay.com

2011-01-15T19:20:00.001-05:00

The co-founder of a criminal enterprise known as the "Tran Organization" pleaded guilty Friday in San Diego to conspiring to participate a scheme to cheat casinos across the country, including Foxwoods Resort Casino and Mohegan Sun, out of millions of dollars.

Van Thu Tran, 45, admitted that in approximately August 2002, she and co-conspirators Phuong Quoc Truong, Tai Khiem Tran and others created the Tran Organization for the purpose of cheating at casinos across the United States. She admitted that she and her co-conspirators unlawfully obtained up to $7 million during card cheats and as part of her plea agreement, agreed to forfeit her interests in various assets, including jewelry.

At her April 11 sentencing, Van Thu Tran faces a maximum penalty of 20 years in prison, a $250,000 fine and payment of restitution to the victims.

"Today's guilty plea by the co-founder of the Tran Organization marks the final chapter for a group that targeted as many as 29 casinos in the United States and Canada in their card cheating scheme," said Assistant Attorney General Larry A. Breuer.

To date, 42 defendants have pleaded guilty to charges relating to the casino-cheating conspiracy.

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Saskatchewan Exploring Online Casinos In Canada

2010-09-16T15:17:00.001-04:00

SaskatchewanThe British Columbia government started online gambling in North America, but other provinces in Canada have already caught on to the idea. Ontario has announced plans for online casinos, and now Saskatchewan is looking into the plan.

Online gambling has become a cash cow for countries that have regulated the industry. Saskatchewan officials were careful to acknowledge a definite move to online casinos, but they did say they would study how the gaming works in other provinces.

Opposition to online gambling almost immediately popped up after the announcement. Those opposed believe much more research should be done to ensure that all of the social ills that could come with the gambling are covered.

"all these things that are unknown should be examined closely before wasting a considerable amount of taxpayer money,' said Kevin Yates, House Leader for the NDP. "Without any of the work done, we shouldn't undertake going there."

The pro-online casino legislators are eyeing the millions of dollars that would be generated from the online casino. Supporters believe that the millions of dollars would far outweigh the start-up costs associated with creating the online site.

While Canadian provinces are moving swiftly, they may not be moving quick enough. Lawmakers in the US are pursuing legislation that would regulate online gambling in the country. If that were to occur, it could take much of the business away from Canadian online sites.

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Shakeup At CryptoLogic After Large Second Quarter Revenue Decline

2010-09-14T08:37:00.001-04:00

CryptoLogicIt was not a good second quarter to the year for online casino software provider CryptoLogic. The company experienced record losses in the quarter, and it has caused a major shakeup at one of the top online software providers in the world.

The first quarter of 2010 brought a loss of $3.4 million. That was a poor performance, but one that was forgiven. The record $12.7 million that was lost in the second quarter, however, cost one of the top executives his job.

CEO Bryan Hadfield walked away from his position after the figures for the second quarter were released. Chairman of CryptoLogic, David Gavagan took over the role on an interim basis that Hadfield has left behind.

The record loss had a variety of factors that created the poor result. The operating costs of the company were up, while the revenue from poker and other sources dropped. William Hill had been a big contributor to CryptoLogic's revenue in the past, but partnered with Playtech back in 2008.

Huw Spears is one of the people being brought in to help turn things around. Spears will be the new Chief Financial Officer starting this week, although that deal was announced back in May, before the second quarter figures were released.

CryptoLogic has created some of the top branded games on the Internet gambling market. The company's branded games continued to provide a revenue boost in the second quarter, jumping from $1.3 million to $1.5 million.

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Ontario Lottery Moving Into Online Casino Business

2010-09-08T18:02:00.000-04:00

OntarioOntario waited only a couple of weeks before deciding that if online casinos are good for British Columbia, then they are also good for Ontario. Finance Minister Dwight Duncan announced on Tuesday that the province will be entering the world of online gambling.

Duncan explained that the future of business is on the Internet and that the province will now spend the next eighteen months working on developing the online casino. Once complete, the casino could generate millions of dollars for the local economy.

"Across Canada and around the world, online commerce is part of our everyday lives and OLG (Ontario Lottery Corp.) is excited to start the consultation process for online gambling and growing its marketplace in the future," said OLG Chairman Paul Godfrey.

The budget deficit facing Ontario lawmakers has grown to an unmanageable level, and moving in the direction will help fund some of the programs that may have been cut without Internet gambling revenue. It is estimated that over $400 million currently leaves the country for offshore online gaming sites.

"Many provinces in Canada are starting to see that there is a tremendous opportunity to not only bring millions of dollars in tax revenue, but to also set regulations that will protect their residents against corruption within the online gaming industry."

British Columbia has already launched their online casino, but they were forced to shut the site down after security issues. B.C. has opened the door for other provinces who did not want to be the first to regulate online gambling.

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Harrah's Begins Promoting Online Casino In US

2010-09-07T01:10:00.000-04:00

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Caribbean Hold'em Poker Jackpots Hot This Week At Online Casinos

2010-09-03T05:22:00.000-04:00

Online Casinos Return To Normal Business After Busy US Week

2010-08-31T05:05:00.000-04:00

DiceIt has been a long couple of weeks for online casinos that are watching legislators discuss online gambling law changes in the US. With the issue expected to be put on the back-burner for a while, casinos returned to normal business by weeks end.

Representative Barney Frank proposed legislation that would overturn the Unlawful Internet Gambling Enforcement Act of 2006, and last week a hearing was held in regards to Frank's bill. This past week, the markup stage of the process took place in the House Financial Services Committee.

At the end of the markup, the Committee voted in favor of the legislation. Now, however, there may be a gap of several months before the issue is again debated. Lawmakers will be leaving for their break soon, and when they come back the election cycle will have begun.

Online casinos have been watching closely, and one key amendment that came out of the House Finance Committee was that any gaming site that has been in violation of existing US laws will be disqualified from receiving consideration for an online gambling license.

Two major online casino groups, PartyGaming and Bwin, decided this week to merge. If the merger is accepted by shareholders, the new company would become the largest in the industry. The two company's will continue to offer their services to customers throughout the merger process.

Among the games that would likely be regulated in Frank's bill is approved are blackjack, roulette, craps, Caribbean stud poker, war, and bingo. It is expected that Las Vegas gaming company's will get the first opportunity to obtain an Internet gaming license in the US.

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Private Investigation Launched Into B.C. Online Casino Site

2010-08-29T18:45:00.001-04:00

PlayNow.comIt only took a couple of hours before questions started arising about an online casino site in British Columbia. The B.C. Lottery Corp. launched PlayNow.com, and security was an issue. The website was shut down shortly after it was launched.

Now, a private investigation is taking place and the website will not be allowed to re-launch until the investigation is complete. Information and Privacy Commissioner Elizabeth Denham is in charge of reviewing the potential breach in protection.

Customers started complaining that their private information was being shared with other players at the online casino. That is one of the biggest concerns among online gamblers, and one that is supposed to become better with regulated Internet gambling.

"Customers are expecting that a government regulated website would come with maximum security for their information," said Gaming Analyst Noah Black. "That apparently was not the case with PlayNow.com."

The Gaming Policy and Enforcement Branch is working with Denham to determine why the security breach occurred. Once a determination is made, the B.C. Lottery will move forward with deciding when to re-launch the site.

Thousands of online gamblers were excited to join PlayNow, and originally it was reported that the traffic to the site was the reason for the crash. Later, it was revealed that the security issue was the reason the site was shut down.

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2010-04-28T19:03:00.001-04:00

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2010-04-23T05:36:00.001-04:00

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2009-09-09T04:18:00.000-04:00

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2009-08-31T04:51:00.000-04:00

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2009-08-21T16:46:00.000-04:00

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2009-08-20T21:15:00.000-04:00

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