The Financial Times, in the U.K has become a solid promoter it seems of online gambling. In an editorial opinion the word is that online gambling will definitely have investment potential because of a number of factors in play within the industry and within the political attitude that is changing in the European Union. An accelerated liberalization and opening of the market in Italy, Denmark, Belgium and Sweden, with some signs of positive change in Germany are positive signs for sustainable growth.

Since the ban on online gambling in the USA and the demise of some of the top earners in the US market coupled with the enforcement by countries like the USA to prosecute those executives who were in violation of rules within some of those countries, there was an element of risk for the industry. Banks and financial institutions which were targeted as the means for restrictions in the USA, stayed away from anything connected with web based gaming. Now as consolidation continues to be the way forward online gambling operators are seeing the light at the end of the tunnel.

Technology that gives the gambling public a full range of gambling products in their own home has driven an expanding market. The recession has caused the travelling public to diminish and land based casinos are suffering with the web based operators picking up the slack. Non smoking policies has also driven attendance down in Bingo Halls and Casinos only to have online sites excel. Broadband proliferation in Central and South America twinned with newest available mobile technology will propel online gambling to even bigger markets on those continents. Some of the most successful and largest land based casino industry leaders see the writing on the wall and are moving ahead to solidify their positions in cyberspace. While the opening of the USA market is a long time off some say it is still a possibility. China on the other hand is still too tough a nut to crack for the time being. Optimism is based on facts and in the case of online gambling the facts support the trend.

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The Prime Minister of Poland, Donald Tusk is dead set on making online gambling a thing of the past in the nation. Poland which has been a member of the European Union since 2004 has been embroiled in political scandal for several weeks now. Legislation that will prohibit outright any form of gambling other than that in land based casinos will be presented as a first draft in about fourteen days. The reformed laws will also place a bigger tax burden on existing forms of gambling that are currently legal in Poland.

Polish customers of web gambling sites don’t feel too threatened by the latest news that their ability to play online will be banned if the legislation passes. The Polish punters have seen restrictions come and go before in other E.U. countries. This proposed removal of all forms of internet gambling comes after the Prime Minister has lost much of his government over a gambling scandal.

Four high officials in the Polish government have been forced to submit to public scrutiny and resign their positions after being accused of letting the gambling industry sway the decisions of their related departments. The former Minister for Sport, Miroslaw Drzewiecki, was a suspect in an investigation into alleged political corruption. The investigation dubbed ‘Operation Blackjack’ also brought down the Minister of Justice and the Deputy Prime Minister.

There have been just a few rumours floating that Poland needs more money from the proposed surtax on the existing land based casinos, to shore up it’s finances as it comes time to co host, with the Ukraine, the 2012 European Football Championship. Efforts have been accelerated to get things finished on time. Online gambling regulations with appropriate taxation would achieve the same thing but the Prime Minister is trying very hard with his tough stance to regain some credibility for his government.

 

 








 

 

 

 

 

 

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Bingo it seems is getting a lot more attention than usual these days with online versions coming on very strong. Now from the Costa Rican jurisdiction the oldest and one of the most established North American online bingo sites, paying out over $100,000 per day in bingo jackpots across its six bingo rooms, 123Bingo has announced it will launch the new 'Million Dollar Bingo Room. This new product will offer a million dollar jackpot to players everyday, on all bingo games.

Manuela Stephan, the general Manager for 123Bingo said about the launch recently,"123Bingo has always given its players a reason to rejoice, be it the launch of 123 Treasure Island featuring all new casino games, or facilitation of online bingo community on Facebook or the launch of the Million Dollar bingo room." Stephan went on to say, "We always claim an edge over competition- the million dollar prize money is the biggest online bingo jackpot in North America!" The million dollar bingo room at 123BingoOnline is accessible to all depositing players. In addition to that, all the games are coverall, which means the players will need to mark off all the numbers on their cards to win. The site does not offer play to those from Armenia, Azerbaijan, India, Indonesia, Israel, Malaysia, or Turkey. Nor from it's host jurisdiction Costa Rica. Europeans will be not allowed from the countries of Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Hungary, Latvia, Lithuania, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, or the Ukraine.

This bingo web site is ranked third of three hundred and five in English speaking bingo halls, fifth of two hundred and twenty six Costa Rican sites and fifty ninth of the over two thousand online gambling sites.

 

 

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There are dozens of card counting systems out there for Blackjack, systems like the Red Seven or the KO Count don't require a true count conversion but the Hi Lo Card counting system takes a bit of learning. In the movie '21' students from MIT the well known academic institution in the USA decided they would learn the Hi Lo system and play at the Las Vegas casinos and try their best to beat the dealer.

Now as we all know movies are movies and are not always as factually accurate as we would like. All card counting systems rely on statistics to provide a player with the advantage over the house. When there is a greater chance of getting high card from the shoe, the player gains the advantage. The casino must hit below 17 and has a greater chance of going bust if there is a high percentage of ten cards in the shoe. Card counting seeks to capitalize on this fact by keeping a simple history of the cards played. The idea is to bet more when you have the edge.

In the Hi Lo system you begin a running count at zero when the cards are shuffled and placed into the shoe. For each card played, you add a corresponding point value to the running count. For the Hi Lo Card Counting system, the points go as follows, card face value of 2 through 6 = -1 point, card face value of 7 through 9 = 0 points, card face value ten through king, and the ace cards = +1 point.

With the Hi Lo Card Counting system, you must convert the running count to a true count. You calculate the true count by dividing the running count by the number of decks left in the shoe. The true count is what you use determine when you adjust your wager. To determine how many decks are in the shoe, you estimate the number of decks in the discard pile and subtract that number from the number of decks in play. Really, card counting offers only a slight edge over the casino. The best way to learn to card count quickly and for free is to go online and let the computer teach you card counting while you play.

 

 

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The London International Gaming Expo, ICEi is coming up soon in January of 2010. Plans are in place to host the Gaming expo and it is attracting a greater percentage of online gambling operators than ever before. Veteran gaming expo presenters Clarion Gaming expects IGE’s remote gaming exhibition participation to grow by 13.4 percent over last years stats.

This coming January from the twenty sixth to twenty eighth, the Earls Court Exhibition Centre will be the scene for one of the online gambling industry’s biggest events. Organisers from Clarion Gaming report that the event already has seen no less than forty four companies from twenty jurisdictions confirming show debuts at ICEi. That’s a big difference in numbers from 2009 say event promoters.

These newcomers will join a wide range of blue chip brands in remote gambling adding that extra portion of excitement to an already established event. New exhibitors will include Apex Asia, Auctionbringer, Betgenius, Betradar.com, Bettracker, Big Bang, Blue Ash Holdings, Certus, Contact Advisory Services, DOW Networks, Ecapay, e-Management, eToro, Euro Engineering, Everymatrix, Fair Champions, Fenlex Corporate Services, Gaming Solutions, Glue Finance, Iforium, Income Access, inpay, JBC, Kahnawake Gaming Commission, Laverock Von Schoultz, Living It Loving It, Mamo TCV Advocates, Numbers Play Hungary, Otto Malta, Pan-Index, Press Association Sport, Random Consulting, RSM Malta, RunningBall, Safenames, SecureBet, SGS Universal, Sherriffgaming, Star Partners, Studio 7 Productions, Tote Direct, UGSPay.com, Vasco Data Security and Vuetec. Some of these new kids on the block are possibly going to be up there counting their lucky stars and making a lot of the gambling public happy they came on board.

The Expo will give these groups valuable contacts and networking knowledge that only an international gathering can provide. The expert advise from the older established online operators is invaluable and time saving for those looking for answers to all their operational questions.

 

 

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Sometimes lightning does strike twice in the same place. That’s the case for the latest lottery winner in South Africa. A South African businessman has found that lady luck smiled on him two times in seven years. The married thirty four year old gambler took a huge 30 million SA Rands home after coming up with the winning combination of numbers in the recently introduced Powerball lottery. The once in a lifetime experience was not so for the winner, who wishes to remain without an identity for now, as he won the Tatta Ma Chance lottery just a lucky seven years before. That eleven million SA Rand went to reinvesting at least 100 SA Rand a month on lottery tickets.

The mega win was one that defies logic as the odds were massive for a second time win. Taking home the first big win was one that over came fourteen million to one odds, but the second win was pegged at twenty four million to one odds. Spectacular really and case of what some are calling real luck. The lottery office in Johannesburg welcomed the winner and was surprised to hear he had beat the huge odds before. The quick pick ticket with a random selection of seven numbers was checked first at a local Limpopo province outlet. The now rich person said he would be securing the future for his four children and would then hopefully spend a portion of the prize in establishing a charity to help poor and hungry Africans. A spokesperson from the lottery corporation commented

"We offered to pick him up, but he decided to drive to our headquarters. We couldn't believe how calm he was.” Most people hope they win but to win twice in seven years that’s a different score. It is good to know the money will go to aiding a worth while cause.
 

 

 








 

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Playtech the world’s largest publicly traded online gaming software supplier, that offers cutting edge, value-added solutions to the online gaming industry's top operators. is based on a deep and stable partnership foundation with success based first and foremost on a commitment to achieving excellence through cooperative discourse with clients. They believe that the practice of fostering open channels of communication with licensees is the best means of generating profitability, as it enables them fine tune  management tools and product lines to suit the customers’ specific requirements. Playtech has established its presence in growing markets both geographically and in terms of product development by delivering comprehensive best of breed solutions to its market and developing a dynamic and diversified business model. The client-centric design of the Playtech gaming system provides operators with added value, and facilitates the optimization of their business performance.

Now Playtech will power a new casino 21 Nova Casino which will replace old favourite 32Vegas Casino. 21Nova Casino has much more to offer with a top-class customer-loyalty scheme that rewards gamers for each bet carried out and unbeatable welcome bonuses. Roulette, baccarat, black jack and more, together with a wide range of slot machines and video-poker, and live dealer games are all available through the new 21 Nova Casino.

The Playtech software’s sophisticated technology which ensures players can enjoy complete transparency and security during their time online; safe in the knowledge that cards are dealt randomly, slot machine line combinations are totally random, and it is the same for all available games. A product range of more than 90 games with more being added constantly this new casino deserves a try.

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Ladbrokes has been around in the world of gambling for a long time now and is now also being recognized as a good sustainable business. Ladbrokes has been ranked as a world leader in sustainability by the DJSI. Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Based on the cooperation of Dow Jones Indexes, STOXX Limited and SAM they provide asset managers with reliable and objective benchmarks to manage sustainability portfolios. Currently more than 70 DJSI licenses are held by asset managers in 16 countries to manage a variety of financial products including active and passive funds, certificates and segregated accounts. In total, these licensees presently manage over 8 billion USD based on the DJSI. SAM is a Swiss organization that takes care of billions of Euros in funds that was the first carbon neutral company in Switzerland since 2001.

Ladbrokes was one of three hundred and seventeen companies recognised in the index. Corporate governance, risk management, branding, climate change mitigation, supply marketing standards and labour policies are all part of the criteria used by the DJSI to judge participants in the index. Using the Industry Classification Benchmark as a baseline general and industry specific sustainability issues are analysed in the 58 sectors defined. Ladbrokes was praised in the index for its human resources practices, anti-money laundering and crime prevention policies and security systems, promoting responsible gambling and eco friendly operational standards. One of only two online gambling operations listed in the index Ladbrokes has come out on top in the world wide competition.

Chief Executive Officer of Ladbrokes Christopher Bell commented on the recognition from the DJSI. "Corporate responsibility runs through everything we do and I'm pleased that Ladbrokes has been recognised as the top ranked gambling company in the world in this area."

 

 

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Gov. Jon S. Corzine has decided he won't give up the fight to bring legalized sportbetting to New Jersey despite his recent loss to Republican rival Chris Christie. A federal judge allowed Corzine until Nov. 12 to file a complaint against a 17-year ban on sports betting, overruling resistance from the Department of Justice. “We’ll continue to move forward and file the necessary court papers by the due date,” said Robert Corrales, a spokesman in the governor’s office. adding, “It will be up to the incoming governor to decide if he would want to proceed.”

The now former governor Corzine filed a motion last April in support of a lawsuit arguing that a federal ban on sports betting in New Jersey and 45 other states is unconstitutional.

State Sen. Raymond J. Lesniak, the Interactive Media Entertainment and Gaming Association, and three horse racing groups filed the original motion in March. Corzine stated then “We must do everything in our power to ensure both the casino and horse racing industries in New Jersey remain competitive, especially during the national economic recession,” The motion suggests that the federal Professional and Amateur Sports Protection Act puts New Jersey at an economic disadvantage. Allowing sports wagering would garner more than $100 million a year in revenue for the state, besides jobs and a boost for tourism at its casinos and racetracks.

Sports betting is permitted in Delaware, Montana, Nevada and Oregon the chairman of the Washington, D.C.-based Interactive Media Entertainment & Gaming Association Inc. Joe Brennan Jr., said, adding, “New Jersey could potentially become a hub for online gambling in the U.S.,” and that sufficient demand for such recreational activity has so far been “off-shored.”

Brennan pointed to the example of San Jose, Costa Rica stating it has become the “the Silicon Valley of Central America” Hundreds of online gaming companies and related activities like processing and network technology have created tens of thousands of jobs.

“They certainly can do that in New Jersey,” Brennan said, adding that the state could tap into its “well-educated and technically trained work force, and access to the financial center of New York City.”

 

 

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Virtue Fusion the software company from Aldernay is a little surprised at their recent loss of an important account. Winner of the Best Bingo Software 2009 accolade Virtue looses out to Microgaming as the software provider of choice for Jackpot City Bingo. Virtue Fusion develops Bingo and networked gaming solutions for the online gaming industry, primarily contracting with existing online gaming operators, bookmakers, land-based operators and media companies. Virtue Fusion Alderney is one of the world's leading developers and licensors of Internet bingo products. It has a big network of key operators and peak traffic of over 7,000 concurrent players driving over €100,000,000 in total stakes per month.

Jackpot City hasn't really changed much from the pastel pink design concept other than of course the new Microgaming software and the generous welcome bonus package for new players who are now being treated to £25 free and a 200% bonus, up to £200 on initial deposits. Repeat deposits are now also rewarded with a 25% reload bonus every time.

"Everything we do at Jackpot City Bingo is designed to create a fun and exciting bingo experience based in an unrivalled community. Microgaming offers industry-leading features and functionality. They offer more chances to win. Basically, they’re our ideal partner, offering the technology needed to enhance our community and our reputation as a great place to play online bingo." The Jackpot City Bingo spokesperson stated.

The CEO at Virtue Fusion, Bob McCulloch, said in an nice way, "It is always sad to see an operator go, but we are very happy with our product range and have signed some of the biggest names in the gaming industry in the past six months. We received the Best Bingo Software prize at this year’s Annual Bingo Summit and deals with the likes of Endemol and Mecca have enabled our clients to show case the best bingo products anywhere in the world. We enjoyed a good working relationship with Jackpot City and wish them well for the future."

 

 

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