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Sterling House Grows After Brick And Mortar Casino Giants Collapse

14 September 2006

Sterling House Casino this week informed about exceptional triumph in spite of an declaration from the probably closing Casino Atlantis about the extremely economical features of the virtual casino business. Casino Atlantis is the online version of the Casino Atlantis mega-resort located on Paradise Island Bahamas.
David Barker said, ‘We have a lot of successes in an industry where our competitors have gone bankrupt, and Sterling House is only a virtual casino company and this is our greatest plus. We possess the understanding of the business, the wisdom and the experience required to provide

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High Street Bookmakers Enjoy Fixed Odds Triumph

14 September 2006

The value of shares of British bookies from high street increased last week due to the legislation change approved by the government that enables running fixed-odds betting machines in the booking places.
According with the new law payout limit at any Fixed Odds Betting Terminals (FOBT) is £500 ($847) and there can be no more than four terminals of any type in one shop. The FOBTS were invented two years ago and now include among others virtual roulette and horse races. But before a number of taxes were put on bookmaking business mostly directed towards the

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The First License For e-Money in Europe

14 September 2006

Online bank Contopronto from Norway is the first bank in Europe that was granted the license for e-money which enables money payments and transactions to account in any bank, credit card by means of mobile phones from Europe. The license was granted by The Norwegian Royal Ministry of Finance. The conditions of newly-granted license enables Contopronto to develop in other countries its payment system using mobiles. This everything changes phone and virtual betting and also money transactions in Europe giving new opportunities 550 people living there.

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Record Hilton Incomings Due To Ladbrokes

14 September 2006

In Great Britain, Hilton made record profits in first half of this year. Earnings before tax were £170 million, much more than in 2003, where were £110.5 million. Analysts think that main reason of this economical victory is the incredible growth of Hilton owned company – Ladbrokes.
The betting industry has had a very successful year, caused mostly by the adding of online casino equipment to their betting places. Also Ladbrokes virtual poker division expanded significantly. Additionally Hilton hotels experienced profits growth. This everything cause the possibility of finish of cooperation between Ladbrokes and Hilton that is requested by part of

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New Name For Gaming Meeting

14 September 2006

Osney Media informed today that The Virtual Gaming Forum (VGF) will have a new name -  The Remote Gaming Forum. This decision was caused by the fact the meeting is about not only issues concerning online gaming but also the whole remote gaming business.
The forum, that will be held for the third time this year, is the largest place of debate for the European remote gaming market, mostly due to the exceptional atmosphere. Head of Marketing at Osney Media, Paul Osmond, believes that “The seminar around the table, jointly with our

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New Program From Grand Virtual

14 September 2006

One of the virtual casino software providing companies - Grand Virtual, initiated today the Grand Virtual Casino Alliance™. It is to be a partner program with the purpose of determining rules and procedures for casino operations, honest gaming, and reliance in the world of virtual gambling. All members of GVCA and their partners using technical platform from Grand Virtual will obtain special license enabling them to show the logo of GVCA on their sites (from January 2002) so the players can be sure that gambling on such a site is honest, secure and reliable. Therefore all members of Grand Virtual Casino Alliance have to fully comply with rules and procedures

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Cooperation Between Grand Virtual And Gaming Insight

14 September 2006

American Grand Virtual and British Gaming Insight have declared a collaboration program. This include supplying by these companies the software systems and facilitations for various famous brands like Harrods (current customer of Gaming Insight), that is the most recognized English department store that owns Harrods Casino Online - the MSN UK featured gambling website. According to Chairman of Gaming Insight, David Sanderson: “Grand Virtual has never had any problems with legal issues and it was the main factor we decided to co-operate with them. They create platforms specially designed for virtual gambling. They include thorough authority

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Casino Business For Everybody – From Konami

14 September 2006

Everybody who has dreamed about owing his/her own private casino will be able to do this. Not exactly. Konami, computer games provider, has just informed it will soon distribute its new game Casino, Inc. Before the game was kept as a top secret. More detailed information was not released, but the purpose of the game will be to create and operate own online casino. If you have always wanted to have your own casino, even better than these from Vegas strip then this is a chance for you. After construction your casino, you will have to do everything to keep it profitable. For this purpose you can use many tactics and not only inside your casino. They

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Punter wins a lot on ‘Virtual Horse’

14 September 2006

A truck driver from Scotland, Stuart Johnstone, won record prize of £84,198 ($133, 032) on a online horse races at British bookmaker Ladbrokes. To win this, he wagered only £7.50 at his regular betting place on four non-existing in reality horses. These all horses won, and now Johnstone doesn’t want to work any more and retire earlier. ‘Our company is glad that Stuart managed to find a place for himself in the record books,’ Warren Lush, Ladbrokes spokesperson said on Wednesday. ‘His prize was greater than all previous prizes won at virtual horse races bets.’ These bets began in May 2002, and now consist of 10 races a day shown live in ten

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Enormous Jackpot on Online Horse

14 September 2006

Is it possible to win something on horse that doesn’t exist? Yes, it happened to 59-years old Stuart Johnstone from Livingstone, Scotland, truck driver who now will probably become earlier pensioner. After placing a bet on an online horse racing at his favorite betting place - Ladbrokes on Wednesday, he won £84,198.50 ($132,460). Warren Lush – a  spokesperson for Ladbrokes, informed that Johnstone wagered only £7.50 pounds on four computerized horses, and every managed to be the best: ‘We’re glad that Stuart will be marked in the gambling record books, he was better than the previous winners of virtual horse races.’ Virtual Horse Racing have consisted

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