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

March 10, 2012

Jackpots Soar And The Commerce Of Chamber Supports Casinos

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

Beach Life is offering a golden chance for online players to become overnight millionaires with just a single spin of online reels! A series of online games at the progressive jackpot Beach Life has amazing prizes up to about $6.2 million for luck-laden players. Players can access this jackpot at Playtech-run online casinos, including Europa Casino and Swiss Casino.

This progressive jackpot’s earlier all-time high jackpots were recorded at $4.3 million. But, this quickly became an old-time story as jackpots continued to soar at this online slot. Various online casinos are providing special promos to lure players to try their luck at the reels. The promotions, no doubt, have been fruitful because a large number of players have swarmed to this site in a bid to make fortunes.

In the past, the average size of Beach Life jackpot has been to the tune of $1.8 millions, which already was above the average. Other than Beach Life, other progressive jackpots like Mega Moolah (at 41.9 million), Jackpot Pinata (at $1.7 million), and Major Milions (at $1.7 million) have joined the league of jackpots spinning out outstanding hits.

For progressive jackpots, there’s no looking back. Payouts continue to rise and players show not an iota of doubt to lose. The online casino and gambling world has, indeed, become a place where challenges, bets, tactics, and money are all thrown in together to create an outcome of jackpots.

Progressive Jackpots are Flourishing

Brick-and-mortar casinos in the United States are basking under the glory of popularity. These progressive jackpots are doing as well as their online counterparts. One of the attributes to the growing number of amazing hits is the excellent promos thrown in by the casinos, both brick-and-mortar and online.

Most of the casinos provide the advantage of new player bonuses as well as generous reload bonuses that add to the players’ chances of winning. Although such bonuses come with certain conditions and restrictions, most of them are available at popular slot sites (one of them being Beach Life). They offer an ideal way to earn extra spins to grab a king-size jackpot.

In Support of Casinos

In the wake of climbing popularity of progressive jackpots, here is some more good news to talk about. The Greater Miami Chamber of Commerce has extended support to casino destination resort establishments located in south Florida.

But, the Chamber has put two limitations.

First, about 75 percent of the workforce in the establishments should be local.

Second, the state must allow the impacted communities to cast their votes on whether casinos should exist within their jurisdictions.

In the gambling discussion that lasted about 20 minutes, members of the Chamber also highlighted the funds that would be offered to local governments to diminish any impact on the surrounding communities and to strengthen the public infrastructure.

According to a recent Florida survey, a majority of voters till now have supported the concept of having three casinos in the area of Miami. Yet, there are always communities that find it hard to accept the change, especially in something that has been considered illegal for too long. It’s right to say that fingers are crossed for the next development in the world of casinos here.

March 6, 2012

Macau’s New Year Starts With A Roar!

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

The year 2012 has started off with a roar for Macau gamblers. According to reports, Macau’s January revenue from gambling is set to topple the record set in October 2011. The Chinese New Year is anticipated to provide an impetus to the revenues this month with casino operators and players witnessing a booming phase.

Reports say that the major casino floors on Cotal Strip and Macua Peninsula have seen a major crowd lately. It is expected that the occupancy rates will rise and the casinos will shift their minimum and maximum table stakes.

Competing with the Gaming Capital of the World

In October 2011, the gambling revenue of Macau was recorded to be about $3.4 billion. This is the same place that offset Las Vegas’ record in 2006 in terms of total gambling revenue. (Las Vegas is regarded as the world’s gambling capital.) Now, Macau is poised to overshadow the entire Nevada state!

Similar reports have been obtained from Singapore that shows double-digit growth in gambling revenues since last 2011. Macau as well as Singapore is expected to soar high in gambling business in 2012 and 2013. For the past several years, the Asian continent has proved its mettle in the casino and gambling industry. Millions of hard-core gamblers possess the ultimate gaming skill required to hit grand jackpots.

Although the grapevine from the Chinese government suggests a possible slowdown in the growth by making the availability of credit tougher, it has not slowed down the gamblers from visiting the casinos. Such is the bright prospect of Macau that several casinos from the United States, like MGM International, Wynn Resorts, and Las Vegas Sands, have been operating successfully here.

The gaming capital of the world might be situated in the West, but it’s the East that is moving the maximum currencies and almost giving the world a fierce competition.

Online Gamblers Get a Chance to Rake in Millions!

Now this is what you actually call changing the wheels of fortune. Real Time Gaming has recently announced that its progressive jackpot “Jackpot Pinatas” has crossed the million dollar mark. The jackpot is available at its licensee casinos (except for a few).

About the Game

This million-dollar game has a Mexican theme and is a 21-line online slot. It has wilds, free spins, one bonus game, and substitutes. Players need to provide symbols of Bull Pinata on any of the pay line to grab the magnificent prize. Players need to wager just 25 cents for each pay line to hit the jackpot.

It’s not just the usual combinations of two and three figures that will bring players at the verge of hitting the big grand. In order to start the bonus round, players can obtain three symbols of Dog Pinatas on their screen. Once the players enter the bonus round, they pick two piñatas out of the three to unveil their wins.

The year 2012 has, indeed, started off with surging hopes and amazing wins in the casino and gambling industry.

March 4, 2012

Now The Gaming Industry’s Latest Focus Is Facebook

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

Social networking sites have, for a long time, entertained players with their gaming networks and have given one more excuse for the world to come together. As gaming and networking fever gripped at the same time, the leaders of the gaming industry quickly grabbed the golden chance to make the most of this lush scenario.

Joining the league of big online casinos that are busy buying virtual property for providing gaming platform to Facebook users is International Game Technology (IGT). It is about to buy Double Down Interactive, which is one of the top Facebook game developers.

The agreement between IGT and Double Down Interactive is anticipated to involve about $500 million. IGT will pay an initial amount of $250 million, followed by the rest of the payments later. The rest of the payment mode and transaction agreements have not been made public till now.

More About International Game Technology

IGT is famous in the world of online gambling for creating successful games like Vegas Blackjack 20+ Bonus, 50,000 Pyramid, Bitten, Cleopatra and Cleopatra II, White Orchid, and Wipeout. The company is also into developing mobile gaming software. IGT is also known for acquiring companies that assist them in gaining greater control over the gaming market.

More About Double Down Interactive

Double Down Interactive is one of the largest companies involved in providing free-to-play casino games on Facebook and other social networking sites. Double Down Casino is their chief product. This is a free-to-play casino offering several attractive promotions as well as prizes. Being the biggest free-to-play casino game company makes the deal with IGT all the more important. Fingers are crossed over the outcome of this deal between Information Game Technology and Double Down Interactive.

Even as Facebook becomes the new muse of gaming companies, mobile casino tournaments are in full swing this month at Bet365 Casino. The casino is offering a series of attractive tournaments for slots as well as roulette. The Mobile Roulette Tournament commenced on January 10. It features a cool $1,000 prize that is divided among the best 15 players. The player in first gets $200, at the second position gets $150. Third place gets $120, and the fourth and fifth positions get $100 and $80, respectively. The rest of the prize amount is distributed among the remaining 15 players.

The Mobile Slots Tournament began on January 17. It features a similar prize structure. Mobile gaming has already become the rage among die-hard players. It has also attracted a new breed of gamers who believe in playing games everywhere they go. People who never gamed before have started using mobile gaming services to get a taste of the online gaming world.

Now, with Facebook almost becoming the lifeline of millions of Internet users, the time is ripe to reap the benefits of launching exciting online games on this site. The deal between IGT and Double Down surely raises hopes to take the gambling and casino industry to the next level.

February 29, 2012

Can Las Vegas Keep Up With America’s Changing Gambling Scene?

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

The gambling scene in America is displaying fierce competition. Several states are looking upon casino projects as their “messiah” to make their fortunes in troubled economic times.

The state senate panel of Florida has approved a bill this month to build three casinos, one maybe in Miami.

In New York, thanks to Governor Andrew Cuomo, the proposal for expanding casinos at the Aqueduct Racetrack located in the borough of Queens has sent ripples of joy among racers and gamblers. Also, a constitutional amendment to legalize gambling in the state is in the pipeline.

In Illinois, lawmakers have proposed a casino in Chicago.

Massachusetts has a new law that allows a maximum of three resort-style casinos and one slots parlor. Boston may have one as well.

The Debate to Legalize Gambling Continues

America is reeling under the heated debate of casino legalization. The argument rests on the ability of casinos to create new jobs as well as tax revenues. Though some gambling analysts don’t find any long-term financial stability from the casino and gambling industry, states still want to dig their heels into the “murk” of gambling to change the economy scene.

For the players who have won huge fortunes through gambling, “murk” might not be an appropriate word to describe the casino and gambling industry. It may be true that gambling gives players an addiction, yet it’s not a murky deal. For many, it is light at the end of the tunnel.

Will Las Vegas Lose Its Casino Dominance?

Hollywood flicks like What Happens in Vegas and The Hangover add to the justification of legalizing the casino and gambling industry. The irony is this: Both the movies are based on casino life of the City of Sin—Las Vegas. Yet, with a series of proposals doing the rounds across America, Las Vegas may have to gear up to keep pace with the fast-brewing competition from other states.

Recent reports suggest fluctuating business revenues generated from about 41 casinos along the Las Vegas Strip. But, they were able to redeem that spark within 12 months.

Several industry experts and analysts are of the view that mushrooming casinos across America may not hurt Las Vegas’s gambling future as feared. For example, states like Pennsylvania and Connecticut getting casinos may impact neighboring states like Atlanta but not touch Las Vegas.

With a series of astounding changes in the scenario of gambling in America, Las Vegas might have to work harder to maintain its casino sheen, yet it may take a long time before other states take the plunge into gambling and overshadow the City of Sin.

According to industry experts, feats like building the biggest convention center in the country at a race track might attract more tourists to New York. Yet, the biggest threat to Las Vegas comes not from the changing gambling scenario of America but from Hollywood making lesser movies about the glamor and night life of this city.

It’s important to maintain the “hangover” of gambling in the audience’s heads and continue to update them with “what happens in Vegas!”

February 17, 2012

How SOPA And PIPA Can Change The World Of Internet Gambling

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

Internet freedom is likely to be threatened by two enactments namely the PIPA or Protect Intellectual Property Act and the SOPA or the Stop Online Piracy Act. Although these two actions had been temporarily shelved, it would indeed be interesting to analyze the consequences that they could have otherwise had if they were made legal. There are no chances of there being an immediate voting on these proposed enactments and it is possible that they would be significantly changed eventually before voting takes place.

The effects of these laws on online casino gambling sites will not be felt at once; however, the fact remains, that when the laws get altered, they may lead to future problems for the casino industry flourishing in the country. This is because these laws will bring them a degree of censorship which is likely to revolutionize the ways of the Internet as it functions today and this was bound to have far reaching consequences.

Had these proposed enactments been passed as laws, the US Attorney General could get court orders forcing servers, payment processors and advertisers, blog sites and search engines to blacklist those websites which were suspected to be violating or infringing copyright laws. So this measure would have effectively given third parties like Internet Service Providers and financial institutions, the power to police the Internet gambling world.

Such stringent measures had earlier been adopted to block some gambling websites. This kind of censorship on the Internet may spell doom for the gambling industry in the course of time. These bills, according to Chief Legal Officer of Google, could make it simpler to sue all law-abiding American companies. Moreover, this measure was not enough to eliminate pirate sites because these websites could simply alter their addresses to continue their illicit activities.

Gambling in Asia

Gambling on the internet has become a rage all across the world, whether in countries which have legalized it or in those that have not yet regulated or legalized it. Although there are many nations where internet gambling has been held as illegal, thousands continue to participate in these games. So, there are efforts being made by these countries to at least regulate internet gambling since this has not been legally accepted.

In the Asia Pacific region as well, internet gambling has witnessed a sporadic growth and the PWC report recently came up with certain fascinating facts. The report by Price Waterhouse Coopers reveals the possibility of the Asian gambling industry growing from a $34.4 billion industry to a whopping $79.3 billion industry in the next five years. Given this figure, there is the need to legalize online gambling in some of the Asian countries.

A gaming analyst, Jonathan Galaviz, feels that since people would, in any case, practice illegal gambling, it was wiser to tax it instead of letting unlicensed operators amass all the revenues. He mentioned that in Singapore for instance, although online gambling was illegal, it had grown remarkably in the past year. Therefore, according to him, the time has arrived for governments to engage in researching this issue deeply and come up with thoughtful discussions on gambling policies.

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