CasinoEuro has added its latest instant millionaire to its list of instant millionaires! Monday was most probably the luckiest day in the life of a retired carpenter from Norway who won an incredible €4 million at CasinoEuro. The 69 year old man who won the jackpot by betting a meagre €30 is the third person to be made an instant millionaire by CasinoEuro.

Kevin Saliba, Business Area Director for CasinoEuro, was notified of the win only a few minutes after the jackpot had been dropped.  “I am incredibly happy for the winner’s sake and I wish him all the best and may he pursue his”. The jackpot winner is a retired carpenter from the Hamar region.  He won this incredible jackpot by playing Mega Fortune, where the lowest bet amount is just €0.01. The jackpot amount has been accumulating for a certain period now.

In an interview the winner said …

Within the next few years the online gaming industry will see many of biggest gaming vendors amalgamate. This will leave many smaller operators exposed, said the Industry’s biggest players at the European iGaming Congress (EiG) in Copenhagen.

Gigi Levy,  888’s CEO, made the prediction that eGaming business deals within the next couple of years will become larger between major industry players like the Bwin/Party merger. Currently there’s way too many small businesses and good buyers are far and few in between. This will cause smaller operators to become “bottle necked” and they don’t possess the resources nor capabilities to expand.

Mangas Gaming CEO Nicolas Beraud is in agreement with Levy, fewer operators will survive but they will be significantly bigger. He also said that the majority of European countries would be regulated and countries outside of Europe too. In turn this would have created an extremely competitive environment by 2015 where internet …

Internet cafes have been keeping authorities busy throughout the U.S, the latter acted as a sanctuary to illegal internet gamblers where they could wager illegally at internet casinos.  A jury based in Marion County has found Jaeneen Cristante innocent on accounts of two charges brought against her.

The charges that have been brought against Cristante claimed she owned and ran a gambling house as well as being in possession of several slot machines.  She was apprehended the previous year and her legal team mounted a defence claiming that she was not guilty and not in contravention of any gambling laws at her establishment.

Cristante is adamant and claimed she utilised electronic sweepstakes to advertise her phone card business.  In her defence she said that her clients would purchase time on the phone cards and in turn would indulge in computer games where cash prizes could be won instead of money. …

HONG KONG—Sands China Ltd. is set to get the go-ahead from the Macau government later this month to employ five thousand foreign labourers to start building its $4 billion prodigious construction project.

New labour legislation has been imposed by the Macau government requesting that one local construction worker be employed for every worker outside Macau.  A shortage of labour in the Chinese territory had earlier pressed investors to import many of their construction workers from somewhere else especially from mainland China.

Sands China suspended its construction project in November 2008 at the pinnacle of the global financial recession , however the developer has started building earlier this year and it plans to open the casino in the third quarter of 2011.

According to the latest press release the company has notified its shareholders that a further delay is to be expected on the project, due to a lack of labour …

Four years ago the US Government outlawed gambling online. There are still government leaders propagating its legalization, since they reckon it would be advantageous to the US economy.

“Sue Schnieder of eGaming Brokerage.com said that Internet gambling is not going to be legalized this year in the U.S.  She’s regarded by many as an industry expert. Since 1985 she’s been keeping close tabs on developments and reckons regulation is a long shot.

To be honest, chances are slim anything could happen in the lame duck sitting after November 2nd election. Internet gambling could be allowed again, said Schnieder. Republican Barney Frank is still championing its legalization and introduced the Internet Gambling Regulation Consumer Protection & Enforcement Act. The Internal Revenue Service will receive the go-ahead from the companion bill that will impose taxes on licensed casino holders and profits. $42 billion in gambling revenue could be harvested within the next …

There are strong parallels between crime and gambling, this has been confirmed by a state sponsored research team that helps gambling addicts.

Inmates of approximately a thousand at the Orient Road Jail in Tampa had to fill in a gambling related questionnaire. This questionnaire has given researchers some indication with regard to the nature of problem gambling in the State.

Disconcertingly those who council problem gamblers have indicated that the amount of casinos where people can wager have increased exponentially during the last couple of years; this in turn has increased the amount of gambling addicts as well.

Certain questions were levelled at inmates in The Hillsborough County, if they ever had the urge to wager more and more cash and if they have ever lied to their loved ones in terms of how much money the lost during one of their gambling sprees.

With regard to the above, there …

The collection of the small islands aptly named Macau is not dubbed the “Vegas” casino of the East for nothing.

Macau is renowned for the invigorating energy it exudes and it never sleeps!   The fulcrum of all its activities is centred on entertainment constitutes a vital business region in the ostentatious Chinese Special Administrative Region.  A frenzy of activities and events goes on round the clock – a conspiracy, it seems, to make sure you stay just one more day, and then another.  Although gambling constitutes as the major activity, this year has seen the revenue of Macau increase by a staggering 40% in the third quarter alone.

At The Venetian a US$2.4 billion (S$3.06 billion) casino resort managed and owned by Las Vegas Sands – Cirque Du Soleil’s first resident show in Asia “Zaia” has a show every night. “Zaia” depicts the tale of a girl who sets out …

Singapore is regarded as Asia’s new gambling Mecca of the world and its thousands of miles from Las Vegas.

The city boasts two colossal new casinos the Resorts World Sentosa and the Marina Bay Sands.  Singapore offers a touch of exclusivity than your normal run-of-the-mill “hustle and bustle” of Vegas casinos and other exotic gambling destinations.  One thing a stranger will note is the absence of blinking lights, elegant drinks and various other features that make Vegas a fascinating location for many guests.  Visitors will come across an array of family-friendly activities and shopping, buildings that are architectural marvels and some that are still under construction.

Authoritarian lawmakers of the city-state have promised to attract an international elite clientele presenting a different gambling style that would be devoid of the social ills normally associated with it.  The challenge that confronts them is to keep out criminals and problem gamblers in …

Probability has seen its iPhone gaming revenues increase, in its latest press release it mentioned that it would change its jurisdiction from Alderney to Gibraltar for tax purposes within the next couple of years.  The company is also listed on the AIM and has notified its shareholders and clients that it will move its operations from Alderney to Gibraltar once the market is” more conducive”.

According to the company’s latest press release it mentioned its innovative new Touch Casino product specifically designed for the iPhone range, it’s set to take the market by storm and seen as one of the main contributors in increasing its overall gaming revenues”.  Last month alone saw iPhone clients constituted 12.3% of all cash deposits; the company has launched this service in July only.

A free download Android App has also been introduced by Probability this month.  Potentially wise the Android device’s current market potential …

Online gambling as a business has grown incredibly both in the United States and in various European countries during the last five years. According to The American Gaming Association’s findings, $5.4 billion in revenue was generated by offshore US companies alone and $25.8 billion in 2009 worldwide.

There’s still a lot of power struggle going on in the US with regard to the legalization of sports betting.   A number of laws have been propagated by US lawmakers in favour of internet gambling in the hope of making it legal again.  To date all their efforts have been in vain. The only organizations that benefitted from this legislation is offshore casino vendors and the last few years has seen a significant spike in their gambling revenues.

In the Unlawful Internet Gambling Enforcement (UIGEA) Act of 2006, clause number VIII makes it virtually impossible for cash transferrals from a financial institution in …