Breaking News:Massive Mega Moolah Jackpot Hit
Approximately 15 hours before this article was written the Microgaming progressive jackpot Mega Moolah has been hit. One lucky player managed to win the incredible sum of $3.84 million. Once the compulsory issues are completed the winner will receive the full amount by a single check.
Since its release this is the tenth time the Mega Moolah progressive jackpot internet slot has been hit, all in all Microgaming could not have been more satisfied. The jackpot amounts won were over $6 million, one hit recorded more than $5 million, two hits of over $4 million and the latest hit well over $3 million. Many hits have been smaller than $3 million. At $1 million dollars the Mega Moolah jackpot resets itself. Presently the jackpot amount stands at $1.11 million, it already increased by more than $11,000 in half a day! This is excellent for a jackpot that has just been won.
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MGM Ventures Online
MGM Resorts chief exec, Jim Murren made an announcement on the 5th of October that his company is on the verge of venturing into the internet gambling market, by introducing a brand new social media game enabling players to build up a farmyard enterprise, comparable to Zynga’s Farmville.
The difference is that MGM’s farm will enable players to become virtual “casino moguls”. According to Murren, whose company is a staunch supported for the legalization of internet casinos in the United States, “The demographics of internet gamers are really right in the strike zone of the gaming industry.”
Another internet gambling venture surfaced recently – that of South Point Casino, it is owned by Michael Gaughan, announced the launch of a new “free-to-play” internet poker facility, its purpose is to propel the brand awareness and interest in internet poker, awaiting that internet gambling would be legalized in Nevada soon.
Presently, the site could …
Aristocrat Ventures Into U.S Market
Of late more gaming providers and internet casinos are bracing themselves for the day when internet gambling is legalized in the United States again.
Aristocrat signed an agreement with Maryland Live! land casino and tribal operator Island Resort and Casino whose ‘free-to-play’ virtual casino should be up-and-running in the second quarter of 2012.
In June 2012 Maryland Live! will open its doors for business and offer its customers an internet play-for-fun option that will be powered by the new Aristocrat internet platform. Aristocrat announced that its fully-branded play-for-fun virtual casino open in March 2012, offering Maryland Live! Casino games like poker, slots and skill-based games.
The reason why the virtual casino launch is planned before the real casino opening is that the site aims to upgrade the brand of Maryland Live! Casino and to attract numerous players even before the opening.
Rob Norton, Maryland Live! Casino President and General Manager, said, “We …
Paysafecard Option Added to Neteller
Neteller is one of the premier e-wallets that most internet casinos use as a deposit and withdrawal option to fund their internet casino accounts. The reason why customers like this payment option it permits their electronic wallet to be loaded using many payment options. In its latest e-mail newsletter Neteller notified its customers that Paysafecard is now available as a deposit option with Neteller.
In order to make a deposit with Paysafecard, an internet casino player must first visit his/her nearest Paysafecard reseller. Paysafecard has more than 400,000 retail outlets across the globe. A step by step guide on Paysafecard’s website guides the player. All a player needs to do is to slot in his/her address; the nearest ten locations will be shown. A player can then purchase vouchers and pay for them in cash if he/she so chooses. Players can purchase Paysafecard vouchers in values ranging from €10, €25, …
Piggs Peak Loses South African Court Case
In recent years the Piggs Peak legal case was one of the longer and much followed internet gambling cases in South Africa.
The first party was the Microgaming powered popular casino Piggs Peak which belongs to Casino Enterprises, a firm based in Swaziland. The second party was the state of South Africa represented by its National Gambling Board. In the Appeal Court in Bloemfontein the final battle was fought, since Piggs Peak internet casino lost in the lower courts.
The Appeal Court rejected Piggs Peak internet casino’s appeal heralding the end of a drawn-out litigation process. Casino Enterprises released a statement that reads like this, “With immediate effect Casino Enterprises (Pty) Limited trading as Piggs Peak Casino, Piggs Peak Poker, Piggs Peak Bingo and Volcanic Gold Casino will no longer accept bets from any players in South Africa. Should you have a positive balance in your Piggs Peak Casino account, …
Illicit Gambling Clamp Down in Asia
There have been numerous reports about the crackdown on illicit internet gambling operations from Asian countries like Malaysia and the Philippines of late.
The Star Online of Malaysia reported that the chief assistant commissioner of CID, Zakaria Ahmad stated that 820 people have been arrested and 4,036 computers were confiscated during the course of nine months, this is a significant increase if compared to the 724 people arrested and 2,388 computers confiscated in 2010.
The perpetrators have been brought to book under the Common Gaming House Act 1953 and the Entertainment and Places of Entertainment Enactment 1997. More than half of the people that were taken into custody are repeat offenders. Fifty premises used in illegal internet gambling operations’ electricity is going to be cut off must still be investigated. Cyber cafes are under investigation as well in order to ensure that they are not used as vehicles for internet gambling …
Gambling Senator Lambasted for Racial Slurs
An influential Republican leader in the Alabama Senate blundered away on Tuesday when he referred to blacks as “aborigines” ( the earliest population of a region) on recordings played during a federal gambling corruption trial.
Sen. Scott Beason of Gardendale said his racial slurs “were careless and unnecessary” and he wants to set things right. In the meantime the Democrats said he must resign as chairman of the Senate Rules Committee, even though the Republican Caucus said he must stay on board. Beason’s comment about gamblers in the predominantly black Greene County was recorded, whilst aiding the FBI investigate claims of lawmakers being bribed by gambling interests to pass a bill legalizing video poker games.
In one transcript, Beason with two other Republican legislators discussed economic development in Greene County and the customers at one of its largest employers, Greenetrack Casino in Eutaw. That’s y’all’s Indians,” one Republican said. Beason …
RGA Proposes Regulation Guidelines
With offices in London and Brussels the Remote Gambling Association (RGA) is one Europe’s principal and most reputable operators.
Members that form part of RGA are software giants like Microgaming and Playtech and internet casinos such as Virgin Games. RGA aims to promote a regulated and unbiased environment for responsible licensed egaing sites.
Many European countries so far established the necessary regulatory mechanisms whilst others are thinking of it. Not only do these mechanisms differ but some of them are not in compliance with the European Union’s (EU) provisions.
To introduce its latest publication RGA used EiG expo recently held in Milan as a launch pad, a guide titled “Online Gambling: Key objectives for a successful regulatory and tax framework”. The publication stipulates key areas that governments and regulators must keep in mind when establishing the necessary framework for the internet gambling private sector.
RGA chief executive Clive Hawkswood said …
EC Favors Internet Gambling in Denmark
The European Commission (EC) ruled in favor of Denmark’s internet gambling proposal by dismissing the complaints lodged against it. The Danish land casino and the Danish slot machine association initially filed the complaints.
The gist of the complaint was that they were paying gross gaming revenue taxes in excess of 45% and 71%, whilst licensed operators only pay 20%. They felt this breached State Aid rules. The EC dismissed the complaint and stated the following, “This is because the positive effects of the liberalization of the sector outweigh potential distortions of competition.”
The good news is that the Danish internet gambling proposal will be written into the law books as of the 1st of January, 2012. From this date the first licenses will become operational. Two different licenses could be used by internet casinos. The first type is for internet and offline sports betting such as fixed, pool, spread and …
Microgaming Signs Deal with Italian Operator
Through a range of subsidiary organizations Spiral Solutions Limited supplies solutions for the internet gaming industry.
Spin3 is one of them it supplies mobile casino games from Microgaming. Spiral Solutions through Spin3 signed a business deal with Nexigames to launch Gioca Casino in the Italian internet gambling market operating under a license from the regulator AAMS. For its mobile operations within the next couple of months Nexigames will obtain a license for mobile operations. To expand into the mobile gambling arena Gioca Casino will forge a close-knit working relationship with Spin3.
Spiral Solutions provides top-of-the-range service to Nexigames, it aims to be a competitive brand to maximize the advantage of being one of the first AAMS-licensed operators within the regulated market in Italy. Matti Zinder, head of Spiral Solutions said it is imperative that internet casinos like Nexigames to perpetually improve its current brand equity and corner market share before …