Online Casino News From Around the Globe

New Jersey’s Online Gambling Launch Set For Nov.26

New Jersey is currently one of three U.S. states that have legalized online gambling. Recently Gov. Chris Christie suffered a setback with losing a decision by the 3rd U.S. Circuit Court of Appeals in Philadelphia which put plans for online sports betting on hold. The good news however is that they are to launch online gambling shortly. Nevada was the first to offer real money online poker with the launch of Ultimate Poker in April. Residents of Delaware are just around the corner with an expected launch in the coming months. The launch of internet gambling in New Jersey has been confirmed to begin on Nov. 26 which will be preceded by a five day test phase from Nov. 21.According to a report in the Associated Press the state Gaming Enforcement Division the 12 Atlantic City casinos will commence the “soft-play” period on Nov. 21 for invited guests. Of course one of the requirements for legalized online gambling in New Jersey will be that gamblers will have to physically be present within the state boundaries. This is the same regulation as Nevada but there are hopes and expectations of states creating compacts which would allow cross-state...

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Gambling Sites Accesed 700,000 Times By UK Parliamentary Computers

Whether it be in the U.S. or the UK politicians are always looking to portray themselves in a positive light despite the fact that a lot of people treat them with a degree of mistrust. While the Government is in shutdown mode in the U.S. a new report from the UK sheds some interesting light on what out hard working politicians are doing in the UK. In figures released from the Freedom of Information Act it showed that betting sites were a firm favorite with politicians as betting sites were accessed seven hundred thousand times by MP’s via their parliamentary computers in a year. In fact was particularly popular as it received over 16,000 clicks from parliamentarians in a single month. These alarming figures of just how much time is squandered by our representatives has got many up in arms with voices like Robert Oxley of the TaxPayers’ Alliance calling on the parliamentarians to concentrate on working and not betting sites. He also pointed out what many feel in that it is an unacceptable situation whereby taxpayers are funding these staff who should be working to on behalf of their constituencies. These infuriating figures only add salt to the wounds as a recent report in the Mail showed that a website aimed at assisting married people to conduct affairs was accessed nearly three hundred times a day by our diligent Westminster Staff. The site Out of Town Affairs has since been blocked but was clicked on over 50,000 times in a seven month period. In an attempt to defend these scurrilous accusations a spokeswoman from the House of Commons explained that these figures were inaccurate as many of betting sites were picked up as spam and not actually clicked on by members. Let’s hope that whichever part of the globe we live in our elected officials will stick to the job they are paid and elected to do and keep the gambling for off duty...

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King.Com Looks To Succeed Where Zynga Failed With IPO Filing

Social gaming generates billions of dollars as millions of us enjoy playing these addictive games on Facebook and our mobile devices. Candy Crush Saga is one of the current global hits with over 46 million Monthly Active Users. Developed by King, Candy Crush Saga has managed to surpass the legendary FarmVille 2 as the most popular game on Facebook. The London Based is now one of the hottest gaming companies around. While founded in 2003 they have now overtaken Zynga who were once considered the main player in the social gaming arena. In line with their current success they are reportedly in the process of making a confidential IPO offering. It remains confidential as any company with less than $1 billion in revenue are permitted under the JOBS Act to keep filings confidential until shortly before their actual offering. According to an analyst from Wedbush Securities in Los Angeles the IPO offering is set to be based on a value of $5 billion to $7 billion. According to Pachter this value is justifiable as King have proven their staying power with four global hits. This is borne out by their sales that were up from $500 million in 2012 to $1 billion this year. Anyone indulging in social games on Facebook or mobile devices will be familiar with King’s major hits like Candy Crush Saga and Pet Rescue Saga which both enjoy the top two spots on Facebook’s monthly active users. It also features among the top downloads on mobile platforms like Apple’s iOS and Android based devices. Another interesting aspect to consider is the restructuring of Zynga under newly appointed CEO Don Mattrick.While the seemingly endless obstacles Zynga have faced since their IPO launch in Late 2011 are well known, their share price has rebounded 63% this year. While the road to the top of the social gaming leader board is tough for them, it would be foolish to rule this out. In the meantime the shifting tides are with companies like King who seem to be on a winning path. Following their IPO will be educational for all and it remains to be seen if they live up to the hype and remain top dogs or like Zynga plummet after reaching the...

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