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

November 6, 2011

Halloween Releases

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

In the run up to Halloween, online casinos everywhere try to give their players more opportunities to celebrate this festival of fun. There are several online promotions and game releases that take place during this time. In keeping with this trend, the casinos powered by the software provider Playtech announced the arrival of a new online slots game called the Halloween Fortune just before Halloween trick or treat holidays. The typical symbols of Halloween are witches and pumpkins and you cannot expect to have a slots game without these essential symbols in it. So this 20-paylines slots contains characters like ravens and black cats, cauldrons and magic potions, a Halloween Fortune logo, and others.

The pumpkin of course plays a pivotal role as the wild symbol while the scatter symbol happens to be the Halloween Fortune logo and the Witches Brew bonuses are triggered off by the cauldron symbols. These bonuses for obvious reasons make this game more popular among gaming enthusiasts at Playtech-powered casinos. When two cauldron symbols appear on the reels, the Witches Brew Bonus rounds begin, although both symbols must appear at the same time. In the second screen bonus games, players must select one of the three witches who will then gift them free spins. The numbers of free spins vary according to the selected witch. With free spins, players get multipliers for which they must choose magic potion bottles. To see how big the multiplier is that he has won, the player must pour this potion into a cauldron. There is a Gamble Feature which makes this online casino slots more popular. When players can view five pumpkins on reels, the wild symbol awards them fixed jackpots. The logo of this game is the scatter symbol and players win large payouts through it. To be a winner, you must have been able to get at least three of them on the reels.

Devilish Draw

As part of the Halloween-themed promotions going on at the All Jackpots online casino, the Devilish Draw is the title given to the final event. This is scheduled to begin on October 25th, whereas the other two events had begun earlier. This is expected to be the most thrilling of all three events and larger payouts are anticipated. This is basically a lucky draw promotion and players must deposit 50 credits to take part in it. Additional entries can be earned for every such number of credits deposited. Players can make these deposits throughout the promotional period. The prize pool is such that 500 credits can be won by the first ten players each. The following 25 drawn names can get 100 credits each, whereas the final 50 names get to win 50 credits each. Players can place bets and earn credits of their selected currency. The most commonly used currencies are the Euro, the British Pound, and the US Dollar. The remaining two events in this trilogy of events are the Generous Jacks and Free Spins Reloads. The more players play at the casino, the higher are the chances of becoming eligible for the lucky bonuses. This casino is owned by the Jackpot Factory group and powered by Microgaming software provider.

November 2, 2011

Bids Received For Maryland Sites

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

On Friday Maryland got bids for operating casinos in two separate locations: western Maryland and Baltimore. But, they proved not easy to get ever since the state introduced its slot-machine gambling program about three years ago. The program has had a number of setbacks, but this latest development may mean that it has a full set of operators by 2012.

There are a number of organizations interested in the move, including one group connected to Caesars Entertainment. They will all need to undergo background checks and there is no guarantee that they will be granted a license.

The Chairman of the commission that picks the state’s slots operators, Donald C. Fry, said at a news briefing, “The encouraging thing is it gives us applicants for all five sites.”

Baltimore site

The Baltimore location is to the south of the M&T Bank Stadium. Bids have been submitted by two groups and authorization has been given by the state to build a casino which consists of up to 3,750 machines. But, it will be beaten in size by a casino which is currently being built in Anne Arundal County at an outlet mall.

Only the Caesars affiliated group has come up with the $22.5 million license fee. It was indicated by Fry that the second bidder would probably end up being disqualified.

Rocky Gap site

The smaller casino at Rocky Gap Lodge and Golf Resort in Allegany County has received bids from three applicants. One bidder is Nathan Landow, the former chairman of the Maryland Democratic Party and a Montgomery County developer. At this casino, 1,000 slot machines will be permitted. But, the real number looks set to be more between 200 and 850.

Current casinos

To date, two of the five casinos being built in Maryland have now opened. One is the Hollywood Casino Perryville which contains 1,500 machines and is based in Cecil County. The other is the casino based at Ocean Downs, located next to a Worcester County horse track, which contains 800 machines.

Maryland Live! is set to open in June 2012. It is being constructed in a parking lot based at Arundall Mills mall. According to The Washington Post, Baltimore-based Cordish, the casino’s developer, is currently in the process of asking for funding from the casino’s Chinese investors.

Previous attempts

Due to the limited amount of money available for similar projects, it has been hard for the state to get businesses interested in the Rocky Gap and Baltimore sites. The first round of bidding went ahead in 2009 and only one applicant could be found for the Baltimore location, Baltimore City Entertainment Group. But, the applicant was later rejected due to concerns over whether they could actually afford the project.

The group subsequently filed two lawsuits: one against the decision reached by the panel and the other accusing the process of reverse discrimination.

Despite Fry saying that they could submit a new bid, the group said that they would continue down their legal route and have accused the panel of “mismanagement.”

Debate Heats Up Over Proposed Miami Casinos

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

South Florida civil society is dividing into two increasingly polar camps over the introduction of gambling-enabled “destination resorts” in the Miami-Dade and Broward area.

One group is in the favor of the new entrants, hoping their presence will rejuvenate the frozen economy and job market. Others are skeptical about the locals’ chances of getting any significant piece of the profits; not to mention the potential changes to the socio-cultural and business environment in the city. But, neither party can afford to deny the truth of the other’s arguments.

Casinos will Bring in Much Needed Income

There is no denying that things have slowly gotten better for residents in the Miami-Dade and Broward counties, with unemployment levels steadily dropping. But the state’s economy is still a long way away from a healthy, long-term prosperity.

Many of the jobs on offer continue to be seasonal in nature, making recurrent unemployment a potential problem. New job creation measures have failed to take off as expected by state planners and economists. Despite significant drops over the past couple of months, Florida’s unemployment rate (currently 10.6 percent) is still higher than that of the rest of America, which is around 9.1 percent at this point.

It is not surprising then that the Genting Group received such a warm welcome when they announced their plans to build three major gambling sites in South Florida in an effort to make it the new gaming mecca for well-heeled gambling enthusiasts from Europe and Latin America.

The proposed “destination resorts” (as the Genting Group lobbyists are billing these huge casinos) are going to be colossal in nature – mini-cities capable of catering to hundreds of thousands of well-to-do gaming enthusiasts and their families.

According to Genting’s America’s president Colin Au and the two representatives planning on sponsoring an omnibus pro-gambling bill in the 2012 session of the Florida Senate: Fort Lauderdale senator Ellyn Bogdanoff and Miami representative Erik Fressen, the millions of dollars worth projects will help put the stagnant economy back on track while, at the same time, creating more than 100,000 permanent new jobs for locals.

Locals Remain Skeptical

Despite the fabulous promises, and some massive PR work by lobbyists, they are likely to have a tough time pushing through the proposed project. Florida civil society has a definite anti-gambling record, having thrice rejected various pro-gambling bills. Also, a significant and powerful portion of the local population is already organizing against the planned development.

Key members of the opposition include the Florida Chamber of Commerce, Orlando’s attractions, the Florida Restaurant and Lodging Association, and the No Casinos group (that has started reforming in response to the bill). They cite solid reasons for being wary of the bill, including the chance of mega-casinos ruining Miami’s growing status as an international business center. They point out that despite the thriving tourist trade, only 11 percent of the population in Miami works in the hospitality industry. The rest of the area’s population may well experience job loss if hotels and resorts overtake other businesses in the city’s economy.

In short, battle lines are drawn in the Sunshine state as pro- and anti-gambling groups prepare to duke it out in early 2012.

October 17, 2011

EU And Online Gambling Laws

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

There has been a long raging debate on whether every state of the European Union should have its own laws on gambling or whether all gambling related decisions are to be left to the European Commission. To get the best possible solution, the European Parliament has been involved in debates for quite some time now. A vote has been scheduled for the month of September on this topic. Earlier this year, a green paper was launched which voiced this concern. A liberal member of Parliament, Jurgen Creutzmann from Germany, suggested that the European Union should take over all decision making power regarding gambling laws. He is not in favor of a single law for governing gambling in all member states but he is in favor of closer cooperation amongst them.

This Parliament member held the view that while member states are not capable of regulating all areas of gambling on the Internet, there remains the need for unity among national regulatory bodies. Currently all member states of the European Union have their own independent laws on online gambling. However, borders cannot define gambling online. It is better that all the gambling that takes place within European Union states abide by certain common standards.

On the other hand, there is a group, which sees no need for any common regulation by European Union members and they are in favor of unregulated gambling. Some other sections strongly object to Internet gambling having been limited. They are of the opinion that gamblers must be given warning messages while there are some other sections who want restrictions to be imposed on online players. Following the September vote, a subsequent vote is expected to be conducted in the subsequent month.

Neteller and its new payment mode

Neteller has always been one of the most secure and trusted ways of withdrawing and depositing funds used by online gamblers. There are many members who have signed up with this online payment solutions mode and who recently have been informed about the introduction of Neosurf. This new method of monetary transaction called Neosurf is however not open to all European nations currently. This is available for players only in countries like Italy, Belgium, France, and Spain. This new method allows players to buy the Neosurf prepaid card. Through this card, they can deposit funds into their Neteller accounts at once. From this e-wallet account, the players can then make their deposits to the casinos they prefer. In those countries where the Neosurf card is already being bought, the players can get them from any authorized Neteller retailer.

Once this card is bought, the players must register themselves in their current Neteller accounts. When they want to deposit funds, they can choose the Neosurf option and deposit any amount ranging from 20 to 4,000 Euros. To do so, they must use the PIN printed at the back of their Neosurf card. The amount then is deposited in their accounts and the players can thereafter make their deposits to their favorite casinos. The Neosurf customer care support team is always available to assist players in case of any problems they may face in depositing funds.

September 29, 2011

Full Tilt On The Lookout For Buyers

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

Full Tilt which is one of the popular online poker sites is now facing a crisis. They are now on the lookout for potential buyers. Rumours are on that lot of people are looking to buy it and negotiations are still on. Full Tilt was the number two online Poker site in the year 2011. Due to sudden developments and changes in regulations by the US Government, Full Tilt is witnessing a reversal of fortunes.

What Happened to Full Tilt?

Full Tilt had received the gaming license Alderny which does not require an online casino to keep enough funds as reserve. Full Tiltt suddenly stopped US players from playing in the online casinos and it was not able to refund the deposit amount given by US players. This led to a major chaos and the US Government took action against Full Tilt and cancelled their gaming license. Ultimately, they had to close down their online casino. The case has been going on since April and in late June, the site had to be completely shut down.

Current Status of Full Tilt

The former second top Online Poker site, Full Tiltt is now put up for sale. However, there are not many potential buyers and negotiations are still going on. The main reason for this is that the site owes nearly $150 million to US players which is an enormous amount. Buyers will have to think twice before taking up such a huge debt. Added to this are the legal formalities and uncertainties associated with buying Full Tilt. The company’s US operations are under the threat of legal consequences and their inability to pay off the money has made it difficult for them to get a virtual buyer. Full Tilt is now desperate to find a buyer who can take up both the high debt and also face the legal hurdles.

Due to lot of online casinos coming up, Full Tilt is also losing its reputation. Any company who is going to take over Full Tilt will have to build it up from scratch. The online casinos sector is facing huge competition with a number of new players entering the industry. The industry is also becoming a little insecure and the necessity for stringent rules and regulations has become indispensable for ensuring a better gaming experience that is both safe and secure. Measures like immediate cancellation of licenses help boost the confidence of gamers as this gives them the feeling that everything is under control.

It is also worth mentioning that Full Tilt owes millions of dollars too many US players. All these people are waiting for someone to take over the online site. Only when this happens will their money be refunded but according to rumour mills, it is not going to be easy to find a buyer for Full Tilt. All these players will have to wait for some more time to get back their money. Some of the potential buyers of Full Tilt include Playtech, bwin.party and 888.

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