Online Casino News From Around the Globe

Macau Tackles Deadbeat Gamblers With Name and Shame Tactics
Aug29

Macau Tackles Deadbeat Gamblers With Name and Shame Tactics

As we reported Macau is the largest gambling spot in the world and is the only place in China where gambling is allowed. Macau generated over $38 billion in revenues last year with over 70% of that coming from the VIP sector. While high rollers are what most casinos wish for, their unpaid debts can be a major headache for casino operators. The problem in Macau is now being dealt with in a controversial manner as it involves naming and shaming those with gambling debts. With the help of a website called Wonderful World those owing casinos cash could find themselves starring on the website accompanied by photos, date of birth and even their marital status being displayed. The website claims to have recovered over $8 million so far. This is a lot as it only started publishing a blacklist of gamblers two months ago. The information is apparently given by creditors and the website itself does not get any piece of a recovered debt and offers this service to increase traffic to their website which is an entertainment and news based site.While seemingly effective in combating deadbeat gamblers, this interesting strategy is under police scrutiny as well as the watchful eye of the Chinese Authorities for possible legal...

Read More
Playtech Reports 13% Earnings Increase For First-Half 2013
Aug29

Playtech Reports 13% Earnings Increase For First-Half 2013

The gaming software developer Playtech have just released their first-half earnings for 2013. Due largely to a rise in their online and mobile gambling sectors they reported a 13% rise in first-half earnings. Total revenues were up by 15% at €176.8 million while adjusted net profit was up by 11% to €69.7 million. Playtech also announced that Roger Withers who served as chairman for seven years would be stepping down in October to be replaced by senior non-executive director Alan Jackson. Other date released showed at average daily revenue increase over the first sixty days of the third quarter to be up by 10% from the same period last year. Withers was quick to point out the contribution that mobile gaming had on the results,” As online gaming continues to focus on mobile, it is pleasing to see our investment in this increasingly important market paying-off across many product areas.” Playtech has had a solid year with shares rising by 85% from last year. The company is currently valued at £1.94 billion with the share price trading at 660.5 pence on...

Read More
PFA Chief Gordon Taylor Will Know If He Gets The Boot Today
Aug29

PFA Chief Gordon Taylor Will Know If He Gets The Boot Today

Illegal sports betting has been in the headlines a lot of late. Whether it be cricketers or footballers the problem is rife and seems to reach the highest echelons of power. This is borne out with the sensational story of Gordon Taylor, the PFA chief executive who has in the past come down heavily on football gambling. Taylor is alleged to owe more than a £100,000 to a bookie and is said to have placed over £4 million on 2,000 bets. Some ore even asking the question if this is the tip of the iceberg. You would think that Gordon would do the only thing possible and resign as it seems impossible he can act as an enforcer of anti-gambling regulations while he himself is up to his neck in bets. Taylor is certainly not in need of extra cash as he earns over £1 million a year. On Wednesday he was locked in what was called “emergency talks” with his high ranking PFA official in Manchester. The man himself had the gall to declare that the PFA would adopt a zero-tolerance approach to gambling. An announcement regarding Taylor’s fate is expected today after a vote of the union’s management committee. Apparently Taylor has being making desperate efforts to explain his version of events. If the management committee disagrees with his version his is likely to face a no-confidence vote and will most likely be booted...

Read More
888 Holdings CEO Plans Further Expansion In US Online Market
Aug28

888 Holdings CEO Plans Further Expansion In US Online Market

888 Holdings is aggressively pushing to expand their share of the US online gambling market. While currently heavily present in the UK and Europe markets, the US is seen as a prize worth fighting for according to CEO Brian Mattingley. With the US market slowly opening up after the 2006 internet gambling crackdown the race is on to get a piece of the online gambling pie. While currently only three states have in theory legalized online gambling there are over nine other states that are considering the issue. One of these is the hugely lucrative California market which is without a doubt the top prize. The boss at 888 Brian Mattingley admitted that the hold ups have been “frustrating” but expects their tie-up with Las Vegas Hotel Caesars to go live anytime now with New Jersey and Delaware to follow in the next six months. Mattingley announced his ambitious plans to expand in the US after 888 released a 41% rise in first half profits for 2013 to reach $35.5 million before tax. This rise was largely due to a rise in the use of mobile devices and tablets. Mattingley showed understanding for the US regulators hesitance which has led to a slow but steady pace towards a firm online gambling policy,” It really is new territory for them [the US regulators]. It’s been a long slow journey but it’s getting...

Read More
Google To Ban Gambling Apps From Google Play
Aug28

Google To Ban Gambling Apps From Google Play

Anyone using an Android mobile device is familiar with the”open policy” of Google Apps. Unlike Apple Google Play have earned a reputation of offering a wider and much more open choice of apps to download. The problem however has been with the many apps that seem to get through the quality control net. These annoying apps often make unwanted changes to your device, install pop-ups and are often mislead the user. Well Google is cracking down and has sent an email to third-party developers informing them of the new content policy for the Google Play store. Developers will have 30 days from the date of the mail to clean up their apps and conform to the new policies or else get kicked out of the store. While these changes are aimed at protecting the user from dangerous and malicious apps, the Google “cleanhouse plan” is also set to affect apps associated with online gambling. In terms of the new policies Google Store will be banning gambling apps which ,” including but not limited to online casinos, sports betting and lotteries, or games of skill that offer prizes of cash or other...

Read More