Internet Gambling News Europe
The German state of Schleswig Holstein decided to pursue its own internet gambling ventures when it decided to break away from the other states. Recently it announced its license fees ahead of accepting new license applications in January 2012.
Operators will have to fork out €15,000. Yearly fees will cost in excess of €15,000 to €150,000 pending on revenue. Hopefully, this proposal will be ratified before the end of October, 2011. Close sources within the state administration notified Cassaon-casino that prominent European sites have shown significant interest in this proposal.
At this stage Denmark is one up on the German state of Schleswig Holstein. The Danish licensing authority disclosed that it has not received feedback from internet gambling operators concerning its proposed offer. So far the response has been met with mixed feelings, since some operators claim that the criteria were harsh in conjunction with an exorbitant tax rate. 43 …
Minister Says Gambling Illegal in South Africa
Rob Davies, South African Minister of Trade and Industry recently said that internet gambling is still an illegal activity in South Africa, and it is within the rights of banking institutions to question South African residents any net winnings from internet gambling operators.
He also mentioned that just because the Gambling Review Commission proposed the legalization and regulation of internet gambling it does not mean that internet gambling is now legal.
“If you’re a South African and you participate in internet gambling and you win, your winnings are the proceeds of an illegal activity,” he said, pointing to the last year’s ruling by the Northern Gauteng High Court which outlawed internet gambling operators to advertise their services in South Africa, even if their servers are hosted in another country.
He underlined: “Unless or until we take a decision that we run a license (permitting internet gambling) and in what form …
European Union Addresses Internet Gambling
The European Gaming and Betting Association and The Parliament Magazine organized this week’s debate, by gathering some of Europe’s most influential politicians and industry experts, some of them have different opinions when it comes to internet gambling regulation across Europe.
John Penrose, the UK tourism and heritage minister also participated in the debate. Penrose, who is responsible for the British gambling portfolio, said that the EU should consider the individual rights of each member state at national level to regulate internet gambling, especially when it comes to the various cultural norms and traditions in Europe. He added, “In the UK we have light touch regulation and an open market but member states such as Poland and Portugal have more conservative views on gambling and their legislation is more restrictive.
“These differences have deep roots and spring from fundamentally different religious traditions and managing the always-fuzzy dividing line between things which are harmless and enjoyable …
Trump Lucrative Gaming Market
Some of the most influential land based moguls made news this week since they’re aiming to enter the online gambling market in the United States. Many experts believe the way events are panning out so far that it’s just a matter of time before internet gambling is fully legalized and regulated in the U.S.
Trump Entertainment Inc. along with the Avenue Capital Group already filed statutory documents with the Securities and Exchange Commission to establish a joint internet gambling operation. Trump Entertainment filed for bankruptcy in 2009; it was taken over by global investment firm Avenue Capital Management.
In Trump Entertainment a 22% stake is held by Avenue Capital, while Donald Trump still holds on to a 10% for the right to use his name. The executive vice president of development and acquisitions of the Trump Organization is Donald Trump’s daughter Ivanka Trump. She said in a recent interview to …
Riviera Riches Big Wins Mummy’s Gold Casino
Mummy’s Gold is one of many online casinos within The Palace group. Its software provider is Microgaming and it is licensed by the Lotteries and gaming Authority of Malta.
It so happens that certain slots offer numerous payouts in quick succession. Consecutive payouts can’t be guaranteed since the outcome of a win is determined by the software provider‘s RNG. However, some players from the United Kingdom experienced a marvellous stroke of luck with Riviera Riches at Mummy’s Gold.
The winning streak on Riviera Riches started on 15th at Mummy’s Gold internet casino when a player won £10,641. Two players also won on this internet slots. One of them won £11,635 and the other won a handsome payout of £14,931. Another win of £12,804 was recorded on 17th October and on 19th October a win of £12,039. Players from the United Kingdom managed to amass a small fortune of over £60,000 …
September Winners Fortune Lounge Casino
Microgaming powers the casinos within The Fortune Lounge group. They are licensed by the Lotteries and Gaming Authority of Malta. The popular Spooktober mega promotion is now live and invites all players to participate.
As custom with most operators, the names of their recent winners are posted on their virtual walls. We might add that the Fortune Lounge group leads the pack in this department. It has quite a few different classifications.
There are players who’ve won on progressive jackpots, top weekly winners, latest big winners, mobile winners and the promotional winners. The latest winners list includes players who won 10,000 credits or more on a single game in a day. The September 2011 big winners list has just been released and quite interesting since wins were recorded on not so popular games.
No Worries Slots Features
On 3rd of September, Shelley C recorded a huge win at Vegas Palms. …
Israeli Staff Walkouts Ill Omen William Hill
Newspaper headlines reported recently that well known British internet and land gambling group William Hill plc experienced a stroke of bad luck when approximately 200 of its staff members walked out their offices from the company’s support centre in Tel Aviv, Israel.
A senior staff member, Eyal Sanoff chief marketing officer in Israel also resigned from his position. Apparently the walkouts is a major headache for the company at the moment, as a result a couple of big wigs from William Hill flew out to Israel to “wave the olive branch”. Hopefully they’ll be able to prevent any further problems for its vital internet division, since its marketing and customer support is handled mostly in Tel Aviv.
A plausible cause for the walkouts is that Israeli staff members caught wind that William Hill is on the verge of moving its Israeli functions to the United Kingdom or Gibraltar. A staff member said to Internet Casinos, “Everyone’s worried. The …
European Casinos Hunt Software Providers
Certain European countries are on the verge of legalizing and regulating egaming. One of the reasons why they’re signing up new software providers. This week’s industry news is from Spain, Greece and Denmark.
The globe’s premier software provider Microgaming released a press statement that it signed a deal with CIRSA. CIRSA is well-known in the Spanish gambling market.
With legalization looming just around the corner in Spain, CIRSA was in pursuit a B2B partner. It chose Microgaming since it has a standing reputation and excellent gaming collection. Microgaming will equip CIRSA with casino, poker and bingo software in conjunction with administrative services. A representative of CIRSA said, “We are delighted our players will be able to enjoy the world’s most popular and exciting games and look forward to a long and happy working relationship.
” CEO of Microgaming, Roger Raatgever expressed his satisfaction as well. He said during the course of …
Microgaming QuickFire Signs Red Star
One can only applaud QuickFire if one looks at the way it’s been accumulating new business partners and casino games of late.
From its headquarters in the Isle of Man it released a statement that it signed an agreement to be Red Star Casino’s gaming software provider. Red Star Casino is the internet casino gaming service of the Red Star Poker portal. It services both English and Russian punters and runs on a multi-lingual platform.
Maxim Brovko, the Director of Operations at Red Star internet casino said the reason why we’ve partnered with QuickFire is that we want to be one of the leading internet casinos. We were in pursuit of a software solution that offered minimum downtime, and at the same token offered appealing branding opportunities.
QuickFire fit the bill perfectly; in the end it was an easy decision to us and it leads the pack when it comes …
IGT Signs Deal With Holland Casino
IGT signed a LOI (Letter of Intent) with a Holland casino recently. This deal is regarded as a watershed land casino deal in Europe. IGT leads the market when it comes to land casino gaming machines and systems.
During the global expo in Las Vegas the LOI was signed by the CEOs of IGT and the Holland Casino. The deal entails the development and execution of Holland Casino’s new MOSAIC project.
“The MOSAIC project involves the modernization of systems and integration of Holland Casino’s casino management tools across all of its properties in the Netherlands using IGT’s Systems solutions,” IGT’s latest press release read. IGT will equip Holland Casino with a high-tech membership and loyalty system enabling punters to enjoy fast, reliable rewards and coinless gambling.
IGT will speed-up operational processes and focus on providing excellent customer service. The company acknowledged that responsible gaming policies will be implemented and that …