The Manila-listed online gambling technology provider PhilWeb Corporation scored a significant coup this week, inking a joint venture agreement with the Cambodian firm 5P Corporation with the goal of breaking into the online and mobile gambling sector in the country, which boasts a population of some 15 million. 5P has influence arising from principal shareholder Hun Sun Ny, the sister of Cambodian prime minister Hun Sen. “The Cambodian joint venture is consistent with PhilWeb’s focus on an international expansion strategy,” read a statement from the Manila-based firm. “PhilWeb is also working to obtain gaming licenses in other countries including Laos, [ Read More ]
After recently settling with the state of Missouri over a casino license issue, Pinnacle Entertainment announced that it was canceling plans to expand its L’Auberge du Lac casino complex near Lake Charles, Louisiana. The project, named Sugarcane Bay, carried an estimated cost of US$305 million and would have included a new riverboat casino to go alongside the land-locked L’Auberge resort. Instead, the company announced that it would focus on its other Louisiana properties, including its Boomtown casino in Shreveport. Pinnacle also announced that it would continue with plans to develop a casino resort complex in Baton Rouge, which would include [ Read More ]
TOKYO (AFP) – One of Japan’s top sumo tournaments began in Nagoya Sunday without live TV coverage and with fans staying away in disgust at a scandal over illegal gambling. The 15-day event opened only days after police raided 13 sumo stables and dozens of offices and houses for evidence linking wrestlers and stablemasters to gambling on baseball organised by yakuza mobsters. In Japan, betting is permitted only on horse racing, bicycle races and some motor sports. Hundreds of would-be spectators cancelled their tickets to the Nagoya tournament, one of the six competitions held every year in Tokyo, Nagoya, Osaka [ Read More ]
The Isle of Man-based internet gambling software provider and games developer Microgaming has announced a partnership deal to provide internet games content for PhilWeb’s new online casino venture, Vibrant Vegas, which launches this week through the Pagcor e-Games (PEGS) café network. Manila-based PhilWeb is the first and largest listed internet company in the Philippines by market capitalisation, and the dominant technology-based gaming firm. The company recently released excellent first quarter results for 2010 which showed a 52% growth in net income. Its latest venture in bringing the Vibrant Vegas online casino to market is a vital part of its ambitious [ Read More ]
While many states are attacking and raiding Internet cafes, the state of New Hampshire has decided to take the idea and make it work for them. Starting July 1st, online gambling will be offered in the state where lawmakers recently rejected casino gambling. PlayNowNH will offer customers the opportunity to buy $100 worth of credit at lottery retailers. The gamblers may then take that credit and go online to pick which of the games they would like to play. The games all play out similar to scratch off tickets. The determination of a win or a loss is made when [ Read More ]
BEIJING (Xinhua) — China’s Ministry of Public Security has vowed to crack down on domestic and foreign online gambling organizations as a number of football gambling web sites were discovered online following the start of the World Cup in South Africa. "Currently, police departments at all levels should focus on the World Cup and keep close watch on domestic and foreign online gambling groups. Dig deep for the violators behind them, seize evidence and give a hard blow to online football gambling," urged vice minister Huang Ming at a meeting Tuesday. Figures from the ministry show that Chinese police shut [ Read More ]
Online gambling software provider RealTime Gaming has launched its latest video slot, a 5 reel 25 pay-line game in the Real Series with an undersea theme titled Ocean Dreams. Down in the ocean depths a variety of sea creatures are featured on the reels with the Orca, or Killer Whale, acting as the Wild, and an additional golden version appearing on reel 3 that doubles winnings. Other symbols such as the tropical island award between 10 and 100 Free Spins in which rewards are doubled for the player. Five Orca symbols in an active pay-line pay a jackpot of 10,000 [ Read More ]
Australia enjoys a largely positive history with our Greek friends. But, in recent years Intralot has impacted Australia’s gaming sector in a less than stellar fashion. Media Man and Gambling911 investigate and probe seeking answers …..sounds like Greek or not… Intralot Australia in quite a pickle, has borrowed multiple millions of dollars to attempt to care card of business down under in Australia. It’s still weathering the storm from its ill fated entry into the Australian instant lottery market circa 2008 with machines that "spoke" (read) in Greek tongue. The roots go back in history to Athens… its birthplace. Maybe [ Read More ]
Bwin are known for their fearless innovation within the online gambling market, and recently have expressed this by taking out a majority shareholding in UnitedGames, the EU Massively Multiplayer Online Game developer & Publisher. This deal follows closely the recent deal carried out with Gioco Digitale, the Italian Poker & Casino operator and is Bwin’s first entry into the MMOG industry, giving Bwin access to UnitedGames profile of 17,000,000 players in over 178 countries. UnitedGames is based in the Netherlands and was founded in 2007 and provide marketing, translations, community support with localization services. Chief Executive Marjin Hanrick has commented [ Read More ]
Vienna-listed online gambling group Bwin has scored a major coup and some formidable positioning in the Italian market following an agreement to acquire the Italian group Gioco Digitale. With hopes high for an imminent and positive regulatory system in Italy the agreement is especially valuable and significant. Closely held Gioco boasts it is Italy’s first independent online gaming site and offers mainly poker, betting and skill games, but there is clearly good potential for expansion into other genres under the Bwin banner. A timeframe for the takeover has yet to published, and the terms of the deal have not been [ Read More ]
