Online Casino News From Around the Globe

Big Fish Casino Adds Social Craps Game To Mobile App

Big Fish continue to solidify their position as one of the top social gaming producers. We reported their recent year end results which made for impressive reading. They continue to grow and have recorded no less than eleven years of consecutive double digit growth. They have distributed over 2 billion games to customers and most importantly have over 400 mobile titles that are available on all mobile platforms. Big Fish announced that they are adding a real-time social Craps game to their flagship Big Fish Casino suite which will give it the bragging rights of being the first digital casino to offer synchronous mobile Craps. Vice President Cary Dijulio said in a statement,” We’ve adapted one of the most social games in the casino and brought its liveliness to the mobile environment, retaining all the classic casino-style odds that attract high rollers and savvy shooter. Craps is a natural extension of the Big Fish Casino suite of products, which boasts an already high level of social interactivity and where more than 17+ million friend connections have been made to date.” The features in the game are varied and offer the player the chance to blow on the dices for extra luck. Should lady luck be on your side and you roll 16 times without crapping out your dice will be lit up in blue flames. This latest addition of Craps to the Big Fish Casino will further expand the variety of games on offer which already include Roulette, Slots, Blackjack and Texas Hold’em Poker to mention a...

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GSN Games Acquires Bash Gaming

SAN FRANCISCO – (Marketwired – Feb 25, 2014) – GSN Games today announced it has agreed to acquire Bash Gaming, the creator of breakout hit Bingo Bash — the leading social bingo game in the world with more than 4.8 million monthly active users (MAUs) playing across Facebook, iOS, Android and Kindle devices. “This transaction will not only strengthen the GSN Games portfolio, it supports our strategy of building a diverse business, operating across all major platforms, with a broad portfolio of titles in both social casino and skill tournament genres,” said Jeff Karp, executive vice president, mobile and social games, GSN Games. “With the Bash Gaming acquisition, we will expose our millions of social casino players to the Bingo Bash experience, while introducing existing Bingo Bash players to our highly engaging games including Wheel of Fortune® Slots and Deal or No Deal™ Slots. We will leverage the strength of our respective organizations, including talent, reach and technology, to build a gaming powerhouse.” “We’re excited to become part of GSN Games, one of the early pioneers in social casino who continues to lead the space today,” said Sumit Gupta, founder and CEO, Bash Gaming. “I’m very proud of what our team has accomplished, creating the world’s #1 bingo game, and with this new strategic partnership, we are poised to deliver our games to millions of additional players.” With the Bash Gaming acquisition, GSN Games will have two of 2013’s top 10 overall grossing iPad apps and a monthly active user base of nearly 10 million players. The multi-platform audience of GSN Games will also provide an opportunity for Bash Gaming to further scale its titles, reach new players, and integrate advanced user acquisition and analytics techniques. Adding the Bash Gaming lineup will further accelerate GSN Games’ reach on both iOS and Android. The addition of Bingo Bash will provide a deeper offering to advertisers, including increased attention and interaction from the high-value Bingo Bash customer base. GSN Games also plans to build on its leading skill games platform for real prize tournaments by leveraging Bash’s multi-player technology to create unique bingo experiences. Subject to receipt of any required regulatory and other approvals, GSN expects to close the Bash Gaming acquisition in mid-March 2014. About GSN Games GSN Games is a leading provider of cross-platform entertainment, including social casino games and skill tournaments designed to fuel every player’s inner winner. Founded in 1999 as skill games site WorldWinner.com, the company has evolved into a premier social, mobile and online games company. As the creator of GSN Casino, a top-ranked and top-grossing mobile app, and Games by GSN, a top-five virtual...

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Mt. Gox Bitcoin Exchange Seems To Have Disappeared In Cyberspace Black Hole

The woes of Bitcoin seem to be never ending. There is rumor and speculation that one of the biggest Bitcoin exchanges is could be out of business for good. Mt. Gox has been in the headlines for the wrong reasons of late and the latest news could be the last nail in the coffin. As we post this article Mt. Gox seems to have disappeared into a black hole in cyberspace. Anyone attempting to access the site gets a blank page without an error message. As of now the founder of Mt. Gox is not available for comment and their Tokyo offices are empty. Besides the panic amongst investors in Mt. Gox the more serious question is if the problem is a local one related to mismanagement at Mt. Gox or a more general problem with Bitcoin? As reported earlier this month, Mt. Gox suspended withdrawals after some “unusual activity”. There are wild rumors of a report circulation on the internet which claims that due to security problems over 744.000 Bitcoins were ”missing due to malleability-related theft.” The solvency of the company is been questioned as currently Mt.Gox has only $37.75m in assets and over $174m in liabilities. Whether this document is genuine or not, the site been down and business offices empty are not a good sign. Attempts to reach Mt. Gox via telephone or email were unsuccessful. Angry virtual currency traders hare protesting outside Mt. Gox’s offices with one trader been quoted as saying,” It looks like that’s disappeared.” As a result of this Mt. Gox’s “Houdini” disappearance act the virtual currency is down more than 22% as we post this article. We will continue to update this story as it...

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Online Betting Upgrade Expected To Hamper Ladbrokes First Half Earnings

The second biggest British bookmaker Ladbrokes is preparing shareholders for the expected disappointing first half operating profits in 2014. With over 2,300 retail shops, Ladbrokes are still playing catch up with the largest bookmaker in Britain, William Hill. As we reported last year the mobile sector and online sports betting is where Ladbrokes are falling short of their competitors and as a result have invested heavily on changing their platform. Ladbrokes had a difficult 2013 as their partnership with Playtech is taking longer than expected to implement. Playtech are a leading software developer and specialize in  mobile gaming which is vital for Ladbrokes’ future growth. Chief Executive Richard Glynn is under increasing pressure and the figures for operating profit in 2013 will make things worse. According to Ladbrokes annual operating profit fell a whopping 33% to £138.3m in 2013. The market which took the biggest hit was its UK retail business that was down 26%. Profits in their digital division were also down 74%. Timing is critical for Ladbrokes as the World Cup in Brazil is around the corner. Although the figures are bad, they are in line with market forecasts due to the change in systems. The Playtech upgrade is expected to be fully up and running by the time of the World Cup which will see an expected increase in mobile profits. In a statement Ladbrokes said,” Completion of the remaining platform, product and capability upgrades means first-half 2014 group operating profit is targeted to be ahead of second-half 2013 but down on the comparative period, with further growth anticipated through the second half of...

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U.S. Supreme Court Declines To Get Involved In Poker Debate

The legalization of online gambling in the U.S. is an ongoing battle for both legislators and gambling companies pushing their products. The status quo of three states offering limited online gambling could swing either way. Nevada for example is currently allowing online poker only while New Jersey is less restricted. Online poker enjoys a unique status from other casino games as even amongst opponents of gambling there is more of a consensus that skill and not only chance play a part. This has led to groups like the Poker Players Alliance insisting that poker be classified in its own class as a game of skill and not chance. We reported back in August 2013 on the rationale of classifying poker as a game of skill and therefore does not violate Federal laws. The case of Lawrence DiCristina was discussed as a good example of how the definition of poker can mean going to jail or remaining a free man. Basically in August last year the 2nd U.S. Circuit Court of Appeals in New York reversed a decision that stated that DiCristina could not be prosecuted for holding a game of poker in a warehouse in Staten Island which was promoted by word of mouth and sms as it was a game of skill. The law in question was enacted n 1970 with the aim of fighting organized crime. The latest blow to DiCristina came on Monday when the Supreme Court declined to involve itself in the debate over whether poker is a game of skill or chance. This in effect leaves the door open for people like DiCristina who organize games to be prosecuted under Federal Law. This latest development is bad news for DiCrisitna and could mean that he could face up to 10 years in...

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