Eric Hollreiser, Head of Corporate Communications released the following statement to PokerUpdate,
"The Rational Group intends to expand our product offering to include casino style games on Full Tilt Poker. While adding new games, we remain committed to building our leadership in poker with PokerStars and Full Tilt Poker and continuing to deliver the highest quality poker experience to players.
These new games on Full Tilt will provide more gaming options with the same high quality player experience, integrity, security, safety and support that players have come to expect from our brands. PokerStars will continue to offer a Poker-only experience.
Online poker report broke the news that Full Tilt Poker would rebrand as “Full Tilt Gaming”. Clearly Rational Group have decided that the Full Tilt brand must diversify and differentiate if they want to thrive. It's fair to say that despite gaining a strong level of liquidity since re-launch, Full Tilt Poker hasn't been able to reach its traffic levels of pre-black Friday. Rational Group made the decision to effectively cannibalize Pokerstars traffic by sending players to Full Tilt - a move which many viewed as a desperate attempt to return the brand to its former glory.
Perhaps this bold move to add casino to its product will give the brand a better sense of direction in future. On a speculative note, the addition of an online casino offering would set up the brand nicely to establish a network.
Full Tilt Poker to Launch Online Casino | PokerUpdate
SkyCity, a public company which owns another casino in the resort and owns and operates casinos in Auckland, Hamilton, Adelaide and Darwin, said it would rename the venue SkyCity Wharf Casino.
Otago Casinos is owned by Singapore-based Lasseters International Holdings and operates the Wharf Casino and another in Alice Springs.
SkyCity chief executive Nigel Morrison said the purchase of the casino, in the Steamer Wharf complex, was part of SkyCity's strategy to invest in Queenstown, which the company believed had ''huge potential for tourism growth''.
''We are focusing on upgrading our VIP offering in Queenstown, so we have an offer to complement our Horizon VIP offering in Auckland,'' Mr Morrison said.
SkyCity senior communications adviser Kelly Armitage, of Auckland, said it was too early to provide details of any upgrades or improvements planned for the Wharf Casino.
SkyCity purchased Otago Casinos Ltd, which holds the licence for the Wharf Casino, in May for $5 million, subject to regulatory approval from the Commerce and Gambling commissions. The purchase was cleared by the Commerce Commission on Tuesday.
Its licence allows for a maximum of 74 electronic gaming machines and six gaming tables. Commission chairman Mark Berry said it was satisfied the acquisition would not have, or would not be likely to have, the effect of substantially lessening competition in the national market for gambling entertainment for premium gamblers or, in the Queenstown market, for ''ordinary gamblers''.
''This was an unusual application because gambling is strictly regulated in New Zealand,'' Dr Berry said.
''The removal of competition between the two Queenstown casinos would not materially impact on competition given this high level of regulation and other constraints SkyCity would continue to face.
''There were also likely to be improvements to the gambling facilities in Queenstown and SkyCity proposed to upgrade the Wharf Casino.''
The Companies Office shows Otago Casinos Ltd was 100% owned by Lasseters (NZ) Ltd and was formed in February 1997. Financial statements for the year ended June 30, 2012, show it had total revenue of $3,178,403, comprising gaming revenue of about $2.08 million and bar revenue of about $1.1 million, but made a loss of $412,346. It spent $2,979,432 in ''other expenses'', which included $1,578,625 in staff salaries and wages and $375,063 in the rental and operating lease cost.
Its financial report said its ability to operate as a going concern depended on its ability to raise additional funds from shareholders or external sources. Late last year, SkyCity assumed full ownership of SkyCity Queenstown Casino and it is part of a consortium that is the preferred group to build the proposed Queenstown Convention Centre.
SkyCity confirmed to buy Wharf Casino | Otago Daily Times Online News : Otago, South Island, New Zealand & International News
Say you raise preflop with AK. You get one or two callers and the flop comes K74 rainbow. You bet say a 2/3 to a full pot. Both calls.
Why did the villains called the preflop raise in the first place? Do they call every raise or only when they have something good?
Why did they call you on the flop? Do you almost always c-bet on the flop or do you only bet when you hit something?
What type of hands would the villains call the flop bet with? Would they raise with two pair or more, would they raise a draw? Would they fold if they have less than any of the above? Would they call down to the river with any two cards?
How big are the stacks?
What do they think you have, based on this play and earlier hands?
How are you going to continue on the turn and river when something that completes a draw comes. When a blank comes?
This things and much, much more should be constantly going through your mind every single hand you play.
It's not easy, but you really have to think about what you and the other players are doing and act accordingly. Then you have to decide if you are going to fold, call or raise. And if you decide to bet: bet the amount that accomplishes your goal for the given hand. No more, no less.
I am tired so I write way too much instead of trying to answer your question in a simple way :-)
Don't fall in love with your two cards! In my experience TPTK and similar hands, shouldn't be played as the nuts. I have lost a LOT of money on those hands, before I realized that people very rarely make big raises against the preflop raiser(me) on a board where it's obvious that I have TPTK or maybe even an overpair. If I meet too much resistance with a TPTK-kind of hand without much additional outs, and I have no specific reads that tells me that the villain is a complete idiot, I'll try to get out and wait for a better situation. This have saved me a lot of money.
Why did the villains called the preflop raise in the first place? Do they call every raise or only when they have something good?
Why did they call you on the flop? Do you almost always c-bet on the flop or do you only bet when you hit something?
What type of hands would the villains call the flop bet with? Would they raise with two pair or more, would they raise a draw? Would they fold if they have less than any of the above? Would they call down to the river with any two cards?
How big are the stacks?
What do they think you have, based on this play and earlier hands?
How are you going to continue on the turn and river when something that completes a draw comes. When a blank comes?
This things and much, much more should be constantly going through your mind every single hand you play.
It's not easy, but you really have to think about what you and the other players are doing and act accordingly. Then you have to decide if you are going to fold, call or raise. And if you decide to bet: bet the amount that accomplishes your goal for the given hand. No more, no less.
I am tired so I write way too much instead of trying to answer your question in a simple way :-)
Don't fall in love with your two cards! In my experience TPTK and similar hands, shouldn't be played as the nuts. I have lost a LOT of money on those hands, before I realized that people very rarely make big raises against the preflop raiser(me) on a board where it's obvious that I have TPTK or maybe even an overpair. If I meet too much resistance with a TPTK-kind of hand without much additional outs, and I have no specific reads that tells me that the villain is a complete idiot, I'll try to get out and wait for a better situation. This have saved me a lot of money. sure hope to have replays
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"US Behind Eight-ball"
"What we have here is a free-for-all," Senator Kelly Ayotte (R-NH) said at the hearing of the Senate's Commerce, Science and Transportation subcommittee hearing, the first meeting on the topic of online gambling since the states of Nevada, New Jersey and Delaware approved Internet gambling bills.
A number of Democrat senators agreed with their Republican counterpart's contention that the federal government's failure to regulate online gambling encourages "money laundering, terrorism and drug trafficking." Sen. Richard Blumenthal (D-Conn.) was one of them, arguing that human traffickers and pornographers take advantage of legal uncertainties to shift money around through online casinos.
Among those who argued for federal regulation were Fraternal Order of Police National President Chuck Canterbury and Washington attorney Jack Blum. Canterbury told the committee that "we're always behind the eight-ball on technology", adding: "local law enforcement won't be able to attack money laundering and terrorist activity with 50 [separate state] laws."
Gambling Industry Applauds Senators
The American Gaming Association applauded the Senate for bringing attention to the importance of effective regulation of online gambling. It said in a press release that reports suggest an "alarming number" of Americans spend billions of dollars annually on illegal Internet gambling made possible by foreign companies that fail to verify age and offer basic consumer protections.
"Internet poker is a reality that is here to stay," said Geoff Freeman, president and CEO of the American Gaming Association. "The question is whether Congress will ensure minimum regulatory standards of online poker, protect consumers, exclude bad actors from the American market and provide Native American tribes with an appropriate regulatory framework."
Regulation on the Horizon
Senate Majority Leader Harry Reid (D-Nev.) and Sen. Dean Heller (R-Nev.) have said they may introduce new legislation on online gambling this year.
Reid and Sen. Jon Kyl (R-Ariz.) drafted a bill last year to amend the Wire Act by regulating poker at a federal level and banning most other forms of online gambling. However, that bill was never introduced, and was criticized heavily by state lottery officials who feared that they wouldn't be able to sell their games over the Internet.
US Senate Calls for Online Gambling Regulations - Commentary - Onlinecasinoreports-com
Gross win has risen 17% in the same period to £16.9 million.
The CEO at 32Red, Ed Ware, has said that he is pleased with the performance, “We have maintained our clear focus on providing a high-quality experience for our players which is underlined by our trading performance.”
Ware went on to say that the casinos performance is reflected in the results of a recent market survey. “It is also supported by the results from the recent Mystery Shopper examination undertaken by etruvian across the industry. The survey identified the 32Red customer experience as the very best in the market.”
However, the casino is still struggling to penetrate the Italian markets, “As with a lot of other new entrants to the Italian market, we are finding progress slower than expected. However, we remain confident that this will develop into an important and lucrative territory for 32Red.”
32Red Enjoys Record Revenues - Online Casino Archives
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Gambling Online Magazine | News | All Slots Casino goes live in the App Store
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The Horseshoe Casino Cincinnati may disagree, however, as Saturday at the gambling venue proved a very lucrative day to specifically be called Kevin Lewis. You see, by chance, there were actually two unrelated Kevin Lewis’ in the casino that night, but by the time the casino realised it had handed out its ‘Summer Giveaway’ prize worth $1 million to the wrong one, he had already collected his money, spoken to the media and accepted congratulations from his fellow guests.
Nevertheless, after such an embarassingly monumental howler it didn’t take long for the Horseshoe Casino Cincinnati to bite the bullet and decide to grant both Kevin Lewis’ the huge jackpot. As the casino’s Senior VP Kevin Kline, explains: ” This was our blunder. So, consistent with our commitment to do the right thing for our guests, Horseshoe awarded a $1 million dollar prize to each of the men.”
The $1 million prize was actually part of a ‘$3 Million Summer Giveaway’ promotion organised by Horseshoe casinos in Cleveland and Cincinnati, in which each city will hand out three $1 million prizes over the summer season. With the bizarre mistake made by the Horseshoe casino, however, its Ohio properties have upped the promtion and will now be offering a total of seven prizes instead of the planned six.
The two Kevin Lewis’ of Cincinnati now join Reatha Jenkins as the state’s newest millionaires, with the final drawing taking place on Sunday, September 1st.
“We’ll be giving away a final million dollar prize over Labor Day weekend as promised at the beginning of the Summer Giveaway promotion,” explained VP Kevin Kline. “No matter what your name is, it’s not too late to enter!”
Punter Keeps $1m Casino Prize After Names Mix-up
The CFO of IGT, John Vandemore, said that gaming operations is “the one that feels the brunt of consumer discretionary challenges the most. People aren’t spending as much as they used to on gaming-related activities.”
Net income rose to 25 cents a share ($65.7 million) from 16 cents a share a year earlier ($46.6 million). The results show that the company made the right decision to move into online gambling. Last year IGT bought Double Down Interactive, a maker of social casino games.
Daily active users of Double Down has risen 25% to 1.7 million and revenue per user rose by 60% to 40 cents a day. Furthermore Vandemore said that mobile revenue is now comparable to that of desktop computers.
IGT Enjoys Increase in Profits Thanks to Online Slots - Online Casino Archives
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All Slots Casino Unveils New Website - Gaming - Onlinecasinoreports-com
When Lin hit the jackpot on the slot machine last Wednesday., a casino security employee looked at his identification and believed it to be fake. He then asked state police to check it out, police said. The state police noticed the photo ID failed to match Lin’s face, and arrested him.
120 individuals have been arrested in Pennsylvania for underage gambling since casinos first opened up in Pennsylvania in 2006. Since a casino is liable for allowing underage individuals to gamble, they have been fined $1.6 million in penalties.
This was the third time the Sands has been fined for allowing underage gambling or drinking. In 2010, it paid a $48,000 fine for allowing six incidents; the Sands paid another $48,000 fine in 2012 for four incidents; and earlier this year paid a $68,000 fine because of six underage patrons who did not gamble but were served alcohol, according to Pennsylvania Gaming Control Board spokesman Doug Harbach.
In most cases, the incidents are investigated by the board’s Bureau of Enforcement and casinos negotiate a consent decree in which they agree to pay a fine.
It’s unclear how much, or even if, Sands will be hit with another fine for the latest incident, Harbach said.
“There’s no set fine,” Harbach said. “Each incident is investigated based on its own individual circumstances.”
It is unclear how much the jackpot that Lin hit was worth, but it was at least higher than $1,300. That’s the cutoff at which casino officials check a gambler’s identity at the payout and take personal information for tax purposes.
Sands Bethlehem Winner Charged With Underage Play « Online Gambling News
William Hill the Gibraltar based iconic gambling services provider has decided they have had enough and have pulled their online gambling business out of China. This affects Macau, Hong Kong and Taiwan as well and the company maintains the problems associated with doing business in the jurisdiction was "beyond our control."
A recent message to affiliates revealed, William Hill was suspending all accounts for mainland China, Macau, HK and Taiwan starting on August 19. It clarified that from this date, members based in those locations would not be able to use their account to access the company’s online sportsbooks or gaming rooms.
The message went on to say, "Bettors will be able to check their accounts and withdraw any outstanding balance at any time, unless we notify you otherwise in the future, by logging in, selecting "My Account" and then "Withdraw" to request a return of their outstanding balance.
Although the withdrawal from the Asian jurisdictions mentioned may sound as if the company is giving up it is not the case for the largest bookmaker in the United Kingdom plans for the American market. William Hill US is planning on being a major player in the newly opened market in Nevada and Delaware.
William Hill is partnering with a leading games supplier Bally Technologies in the U.K. and the USA to deliver the wide variety of top online gambling games to those markets. The withdrawal form markets in China may allow William Hill to concentrate on the American opportunity with Bally and secure a better foothold in a very competitive new market.
Advantages to the move will be felt as their relationship with the regulated market in Nevada and possibly New Jersey develops.
William Hill Online Gambling Services Gone From China
From Baltimore, Maryland the social and mobile game developer PlayScreen, now a leader in casual casino gaming, recently announced the release of Slots Cash for iPhone and iPad in the United Kingdom with real-money play powered by Betable.
The focused is on gaming for real funds Slots Cash will give U.K. located customers the ability to experience exciting and well made virtual slot machines, designed by top experts in the field. PlayScreen entered into an exclusive partnership in 2013 with Betable which takes care of the financial aspects of the games, including compliance, fraud prevention, identity checks, wagering and the results of play online.
Sherri Cuono, the CTO of PlayScreen, commented, "We've applied our years of experience to create an amazing casino experience for real-money gamers" adding, "Our goal is total quality. Quality graphics, quality user interface, and an app that is true to the game of Slots."
Betable, provides the license, support and infrastructure that allow developers to legally integrate real-money gaming into their own mobile and social games. Betable is dedicated to providing players with world-leading security, player location and identity verification to keep their funds safe and to ensure responsible gaming. The company is privately held is headquartered in London, England and has an office in San Francisco, USA.
Christopher Griffin, Chief Executive Oficer & Founder of Betable commented on the announcement, "It's exciting to see our partners deliver incredibly polished and entertaining experiences," Griffin continued, "PlayScreen's impressive background in real-money casino games shines through in the quality and excitement of Slots Cash."
Online Mobile Gambling Slots Developer Focuses on iOS
As CEO of Mr Green, Mikael Pawlo, explained following the announcement of the company’s impressive numbers: “The underlying reason for the continued high growth is Mr Green’s ability to provide players with a stimulating gaming experience in combination with the positive reception to the launch of the casino on new platforms including table computers and smart phones.”
During the reporting period, the company revealed it had signed a deal and introduced a range of games in conjunction with US gaming supplier Bally Games, in addition to launching a new Live Casino product. Currently, Mr Green boasts around 64,000 active online customers, a number CEO Mikael Pawlo believes will appreciate greatly as new members are attracted to the site.
“Through a carefully planned investment in smart phones and tablet computers with a firm focus on the gaming experience, the online casino Mr Green has good potential to continue to outgrow the market,” added Mikael Pawlo.
Mr Green’s H1 results represent the company’s first interim report since it listed on the Swedish stock exchange in June this year. Following announcement of its H1 2013 results, shares in the company rose to a new high and share prices are now up by almost 13% overall.
Mr Green Casino Revenue Up 64% To $34.3m In H1
"GGAM has not spent any material time in attending to the management of Solaire and has failed to perform its obligations and deliverables under the MSA (management service agreement)," the disclosure stated.
"However, many members of existing management team are very capable and will continue to manage Solaire effectively without GGAM and its representative," it added.
Bloomberry said it will now hire an "experienced casino hotel executive" to replace Solaire Chief Operating Officer Michael French, who is GGAM's representative in the venture.
Reacting to Bloomberry's disclosure, GGAM said via e-mail: “Bloomberry Resorts Corporation’s assertions regarding GGAM’s performance of its obligations under the Management Services Agreement have no factual or legal validity. Bloomberry has materially breached that agreement and GGAM is pursuing its rights under that contract in arbitration in Singapore.”
Last year Sureste Properties, Inc. and Bloombery Resorts and Hotels, Inc.--the operating units of Bloomberry--signed a "five years plus five years term" deal with GGAM, which will provide the management services to Solaire. In exchange, GGAM will be compensated with 2-6% of the EBITDA generated by Solaire facilities.
Opened last March 26, Solaire is the first of four integrated casino complexes set to rise at the Bagong Nayong Pilipino Entertainment City near Manila Bay.
Solaire, which sits on an 8.3-hectare lot, consists of an 11-storey, 500-room hotel atop a three-level podium, seven restaurants, three bars and lounges, a 18,500-square meter casino and gaming area containing 1,200 slot machines and nearly 300 gaming tables, and a 10-storey parking building.
The second phase, which is in the works to be opened next year, will feature a 300-suite hotel; a shopping center with about 40 luxury brand stores; a 2,000-seat entertainment theater for Broadway-type shows; 3,000 parking spaces; a night club; as well as dining venues.
Bloomberry Resorts changing casino management | BusinessWorld Online
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August was a good month for All Slots Casino player Vanessa S., who won CAD 75,400 in the progressive jackpot Tunzamunni.
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Canadian Player Wins Over CAD 75,000 at All Slots Casino - Gaming - Onlinecasinoreports-com
The German player known as Gabriel L was at Spin Palace playing the Mega Moolah slot when he hit the life changing jackpot. The safari themed online slot is unique to Microgaming casinos, with the highly regarded progressive network having now paid out over €375 million in total prizes over the past few years, more than €15 million of which has been to mobile players.
Commenting after his incredible piece of good fortune, Gabriel L said: “I simply couldn’t believe it! Especially seeing that I won it playing on my mobile phone. I still can’t believe it. Thank you Spin Palace!”
The CEO of Microgaming, Roger Raatgever, seemed equally delighted to announce the winner and highlight the importance of mobile gaming to the company, stating: “It is so exciting that a staggering £3.7m has been hit on our HTML5 client. I am particularly proud of our mobile product as we roll out new content every month and currently offer 103 mobile games, which is the most in the industry. This win will be paid out to Gabriel L in one single payment so he can enjoy the winnings immediately. Watch this space for more exciting developments from Microgaming’s mobile offering in the near future!”
Did you know that £3,744,513 may be the largest amount ever won in mobile gaming history, but the biggest jackpot ever won online occurred on Sunday, 20th January, 2013, when a middle-aged Finnish player won a staggering €17.8 million ($22,974,400) while playing the Mega Fortune slot at Paf-com. On land, however, the biggest slot-machine payout in history was won by a 25-year-old software engineer from Los Angeles, who released a progressive Megabucks Jackpot in Las Vegas worth an incredible $39.7 million.
Biggest Ever Mobile Slots Jackpot Hit For £3.7m
Three Types of Payment Methods
The three most commonly used payment methods are: credit card, debit card and e-wallet.
Credit cards are cards such as Visa, Mastercard and American Express that most online casino customers should already have access to. In short, they are payment cards issued to users as system of payment, that allow the cardholder to pay for goods and services - everything from paying for your weekly shopping at the supermarket or mall to making an online casino deposit.
Debit cards are also usually issued by banks, but differ from credit cards in one important way: when you pay for a good or service (such as casino deposit) with a debit card, the value is deducted automatically from your account. When you pay by credit card, you may rack up a continuing balance of debt, subject to interest being charged.
E-wallets (or digital wallets or web wallets) are an invention of the online era. They are electronic devices that allow users to make e-commerce transaction, such as purchasing good or services online or in-store. These are now the number one option for online gamblers, as they cut out the middleman (the banks) and ensure that none of your personal or banking information is shared with your online gambling operator. Some of the more common e-wallets include: Skrill (Moneybookers), Ukash, and Click2pay.
Choosing Which Is Best for You
As a general rule, e-wallets and debit cards are safer and easier to manage than credit cards, although credit cards often win out for convenience. To choose which of these three options is best for you, you should always read up about the deposit methods used at your specific online gambling operator and the rules of the country in which you reside (for example, casinos can't accept credit card payments from residents of certain countries). If you are in doubt, contact your online casino's customer support (usually available 24/7 via phone, email or live chat) to find out what type of payment methods they accept.
Which Is Most Popular in Your Country?
Visa and Mastercard are the most popular online gambling payment methods worldwide, most likely because they are offered by banks and accepted in (almost) every country around the world. However, research shows that certain countries favor certain methods. Just see these countries as examples.
In the UK, NETeller is the most popular e-wallet, followed by Skrill and UKash. Across the water in Ireland, Skrill is number one, followed by NETeller and CitadelDirect. In Canada, E-Check is most popular, followed by InstaDebit and UseMyBank. In Australia, it is: UKash, Envoy and NETeller. In New Zealand, it is the same three, but Envoy is more popular than UKash.
For many Asian countries, credit cards aren't even an option for your online gambling payments, which means customers there rely almost exclusively on e-wallets. In Singapore, Skrill and NETeller are the most popular online casino payment options, In India NETeller and Entropay stand out, and in Philippines Entropay is number one.
For residents of a few unfortunate countries, online gambling operators actually won't accept e-wallets. In Jamaica, for example, gamblers are generally restricted to using credit card options such as Mastercard or Visa.
Time to Withdraw?
Okay, so now that you've won your share of money, you're ready to withdraw your winnings. Even if you've chosen an "easy" payment method such as e-wallets, you still might be required to provide additional information and submit additional forms before withdrawing your money. Make sure to check with the individual casino to see if they have separate requirements upon withdrawal.
Special Report: Payment Methods - Special Reports - Onlinecasinoreports-com