Archive for February, 2012

As the Chips Go Down – Online Gambling Stocks Soar

February 24th, 2012

The knock-on effect of the US Department of Justice’, more relaxed stance regarding online gambling, has seen global online gambling businesses’ share prices soar. The chips are quite literally down, and while the DoJ has declared that only online sports betting is illegal, hopes are being raised that they mean what they say. This is the only online gambling news in the news currently, and although much of what we are seeing is only conjecture, the hitch in share prices seems to be saying it all.

According to Panmure Gordon; the new DoJ interpretation of the Wire Act and UIGEA ~ “Potentially it opens the way for gambling services to be provided from offshore.” And this is massively significant.

The apparent change of heart makes the online gaming group – 888.com one of the biggest beneficiaries. As US law regarding online gambling now appears to only apply to sports betting, this means lottery ticket sales, online poker, bingo and casino games operators may perhaps be able to ply their trade to what is deemed to be one of the biggest gambling marketplaces in the world. 888 Holdings also recently saw fit to enter into a commercial relationship with Caesars Entertainment, and this stands them in even better stead to do US business.
This upshot of this is that share prices for 888 have been flagged as a ‘buy’ and upped from 60 – 63p on the London Stock Exchange. But they are not the only online gambling group seeing their shares moving sharply in an upward trend. Bwin.Party Digital Entertainment jumped 23% to 160p; they have JV agreements in place with two Las Vegas live casino operators – MGM Resorts and Boyd Gaming. Playtech traded up sharply and William Hill perked up too.

Should the new opinion from the DoJ open the doors to online gambling fully in the USA, many of the big operators are ready to hit the ground running. Nevada is already looking at license applications for intrastate online gambling, which their State legislature has made legal. But the absolute piece de resistance would be for the Federal Government to legalize and regulate the online gambling industry on a nation-wide basis. There seems to be no good reason for this not to take place now. Although some anti-gambling (of any kind) protagonists are saying that this is a popularity pitch for President Obama, prior to next years’ presidential elections.

The DoJ decision is massively relevant at this time for the State of Nevada as their online poker regulations were passed into law last Thursday. There has been some question about the fact that the Wire Act and UIGEA could override the creation of these new laws.

We in the online gambling industry, and many players feel the same way – don’t care if it is a political popularity pitch – we care about being able to compete in this industry on a global scale. Online gambling is a mainstream industry, it is not going to go away, and the confidence shown in share prices jumping, only confirms this fact even more.

Play only on the best online casino

February 20th, 2012

Today, online casino games are a popular form of entertainment for many gamblers around the world. However, some players, especially beginners, show some distrust about the idea of finding the best play room in which they can play with confidence. Effectively, it is true that on an online casino, you will have to proceed to the creating of your account. This is why you should tell them your personal information and bank account to let the operator of the casino to ensure your transactions on the site. Unfortunately, many players have already been victims of fraud and dishonesty from some online casinos. So to find an online casino where you can play with confidence, you must use a search engine on the internet and and also take a look on online forums about the opinion of other players about a casino and understand the views of players who have some experience of online casinos.

Net-Entertainment Casino’s – Members Bag Life-changing Wins

February 17th, 2012

Net Entertainment has more than 60 online casinos that use their software module. To some, this may seem a little, considering the many thousand of Internet casinos we find online. That this software is a superior product is without doubt, but in the past few months, the brand has also proven that their progressive jackpot network may turn out to be even bigger and better than the massive Microgaming.

Firstly we have to take our hats off to this brand and the lucky Betsson Casino; there is no better publicity for an online casino site, than that provided by a big win. But this was not only a BIG win, it was a World Record creating win, and not only for the online casino industry – just simply – a Guinness World Record for the largest ever jackpot payout, and Betsson online casino has the certificate to prove it.

The lucky winner is a young (20 years old) male student who received a prize of €11,736,375. That is a prize of £10,272,600 or $15,844,900!!

He was playing the ‘Mega Fortune’ slot game from his home in the community of Hordaland in Norway, on 24th September 2011. When he was contacted by Betsson, the player said that he could not sleep after a night out and decided to play a few games. It was probably Lady Luck who was not letting him sleep, because he still did not get any sleep after winning that amount of money! The comment from the man was ~ “I need to try calm down before even thinking of what I’ll do with the money!”

Not even two months after this new World Record was created, Net Entertainment was in the news again. On 25th November 2011 at a casino called – Mr. Green – another life-changing win took place on this jackpot network. This time the Arabian Nights™ jackpot slot paid out €1.9 million to a fortunate 52 year old Swedish woman. She was playing the game on auto spin, and suddenly noticed that her balance had increased by €1.9 million. It is a good job she noticed before auto spin ate up all of her winnings. LOL!

Arabian Nights, Mega Fortune and Hall of Gods video slots, all form part of the of Net Entertainment progressive jackpot network. Basically this means that they pool the liquidity of players across all of the sites on the NetEnt casino software module. This also includes several of Europe’s largest (most popular) online casinos.

The best recommendation any brand can get is a winning recommendation, because it creates a win-win situation. But seriously speaking, we have always been a fan of this brand, they manage to combine no download innovative functions and features, with high entertainment value, rich graphics, intriguing skill-based bonus rounds, entertaining animations and let’s not forget the life-changing prizes – these are not just video slots games, they are brilliant video slots games.

If you have ever by-passed a Net Entertainment online casino in favour of a bigger brand software name; you might just feel differently now.

Team PokerStars Pro Pius Heinz Wins the WSOP 2011

February 15th, 2012

Just last week the November Nine gathered in Las Vegas and the WSOP Final Table got underway. After three and a half months of waiting it’s all over now and Pius Heinz has been crowned the World Series Of Poker Champion for 2011. He is a Team Poker Stars German Pro.

After starting as one of the shortest stacks in the game he played solidly to win a Main Event $8,715,638 prize pot. Aged only 22 years old – barely legal to play in Las Vegas, this is undoubtedly a life-changing win for Pius Heinz. The win also almost instantly made him one of the highest-earning poker players of all time!

The road to the November Nine began this year with a battle through a field of 6,865 players back in June. He was required to fight over eight days of play and 84 hours of grueling poker to win his seat at the Main Event table, but his hard efforts paid off rather handsomely wouldn’t you say? The guaranteed a minimum payout was $782,115 with minimum of $8,711,956 waiting for the eventual champion.

The Final Table had a distinct international flair which contrasted quite dramatically to the traditionally US dominated fields we generally see. One fact which appears to remain constant however, is that youth is beginning to dominate the scene, and the average age of players this year was just 28 years old.

The blinds started with $250k/500k and a $50k ante, and players were stacked as follows:

1: Martin Staszko, aged 35 – Czech Republic (40.175m)

2: Eoghan O’Dea, aged 26 – Ireland (33.925m)

3: Matt Giannetti, aged 26 – USA (24.85m)

4: Phil Collins, aged 26 – USA (21.425m)

5: Ben Lamb, aged 26 – USA (20.725m)

6: Badih Bounahra, aged 49 – Belize (19.95m)

7: Pius Heinz, aged 22 – Germany (16.475m)

8: Anton Makievskyi, aged 21 – Ukraine (15.325m)

9: Samuel Holden, aged 22 – England (13.725m)

While a great deal of media focus was placed on US player Ben Lamb, despite his short stack – this player did enjoy an unprecedented run throughout the entire WSOP tournament. In fact he cashed five times at WSOP 2011, and prior to the November Nine, had already amassed $2,113,947 in total winnings from this single tournament. It became blatantly obvious that there was a promise of much more riches to come. Lamb made it to final three together with Pius Heinz and Martin Staszko in the final battle to glory.

Phil Collins a USC grad, with an 800 SAT score and rock-star name almost went to law school, but then turned poker pro, was also a favourite to win. Being the only married man at the table – considered to be the antithesis of a typical poker player; he was also believed to be the most level headed player, and have less holes in his game. Nevertheless, it’s all over now until next year, and when asked what he would do with his winnings; Pius Heinz replied – “I don’t know, but I guess the family will get a few presents!”