Online Casino Edition – Casino News News about online casinos and gambling

May 2, 2011

Australian Senator Speaks Against Online Gambling

Filed under: Casino — Tags: , — OCE News @ 12:00 am

Nick Xenophon, the infamous anti-online gambling advocate who is also an independent senator in the Parliament, came up with a novel idea for exercising greater control over online gambling. This was done to stop illegal betting that is carried on online and the attempts by losing players to avoid making credit card payments. He advocated stringent controls regarding advertising for companies having wagering products. Although laws in Australia ban online poker rooms and online casinos, as many as a billion gets wagered every year and there are hardly any persecutions related to such crimes.

Slots in the City

Quicksilver launched its latest release named “Slots in the City” which is currently active on its website. This is a multi-line game which blends the lifestyles of New York and Las Vegas and is at par with popular games like Le Posh Nosh, Maxamillion, Top Banana, etc. This new game comes with sophisticated graphics and stunning animations with 3D animated characters all in the midst of a busy city life. The classy New York lifestyle gets reflected in the yellow cabs, cocktails, and killer heels images. The game features a triple progressive jackpot which is not linked to the betting amount. The three random jackpots can be won through any paid spin at any time and playing with any amount.

Microgaming Withdraws

Microgaming has decided to leave the US casinos and all Microgaming powered games have been withdrawn with effect from this month. The Department of Justice made its decision leading to casinos barring Americans from playing there like the Royal Vegas, Vegas Palms, Fortune Lounge, All Slots, and Rich Reels- the list just keeps getting longer. In view of this ironical development, the US players are likely to resort to less trustworthy gaming sites that may not be able to protect player privacy or abide by professional ethics.

European Commission Turns Down Greek Request

The European Commission yet again turned down the request by Greece to consider its online gambling rules at a time when the politics and economy of the state are already in jeopardy. Some consideration is expected during June beginning and reports suggest that Greece’s ambition to implement reforms and generate tax revenues may not materialize in the end. The ruling party had claimed that such proposals would turn the already economically challenged country into a huge casino which is why the laws need to be revised.

The draft law is expected to generate as much as Euro 700 million every year through regulating the online gambling market. However, soon after the Minister presented the draft law to party members, fears of this law leading to gaming overabundance were voiced to the press.

Arrest of Poker Room Executives

Executives of three large online poker rooms were accused of frauds and money laundering in Manhattan and have been arrested for violating gambling laws in the United States. Nearly eleven people have been charged with which includes distinguished men like the Poker Stars founder.

These executives allegedly bribed banks to ensure that financial transactions declared illegal by the UIGEA to and from their sites continued unabated. The civil law suit amounts to nearly $3 billion and the accused may have to face thirty years of imprisonment if found guilty.

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