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Online Poker and Gambling News |
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The following gambling news is updated hourly, so please come back often to keep up with the latest poker and casino news. If you have an event or a story you would like our team to cover please contact us at email.
Bingo For Ladies - 888Ladies, a bingo site that is part of the Gibraltar-based online gambling group 888, announced the launch of its Caribbean Bingo Cruise exclusive promotion this week.
FTOPS 9 MAIN EVENT PAYS WINNER $432 400 - The current ninth edition of the Full Tilt Poker Series main event lived up to its previous record for big names, large entry fields and top prizes this week, with 4 880 players entering the $500+$35 buy-in online spectacular, each hoping for the biggest possible slice of the guaranteed $2.5 million prize pool.
Dwan and Galfond top 'nose bleed' list - Renowned internet poker players Tom 'Durrr' Dwan and Phil 'OMGClayAiken' Galfond have both made more than $1 million playing high-stakes cash games so far this year.
European Poker Tour Awards voting underway - Members of the public are able to vote in the Poker Writers and People's Choice categories, while the other five accolades will be decided by a four-person judging panel featuring Lee Jones, Victoria Coren, John Caldwell and John Duthie, Poker News reports.
IN-GAME BETTING COMPANY IN TROUBLE - Bad news from Global Interactive Gaming Limited parent group Interactive Systems Worldwide Inc (ISWI), this week is that the company cannot file its quarterly report for the period ended 30 June 2008. The company cites a lack of financial resources and the anticipated expenses associated with the preparation, independent auditor review and filing of the report as the cause.
GIG's SportXction in-game betting software is used by several of the big sports betting names in UK gambling, yet the parent company is clearly struggling to make ends meet in a tough market, and will soon cease trading on the OTCBB, although it will be quoted on the Pink Sheets.
If and when a quarterly report becomes possible, company statements indicate that it should show that Interactive Systems Worldwide believes that it achieved an increase in revenues and a decrease in net operating loss for the three months ended 30 June 2008 when compared to the same period in 2007.
If the company is not able to find new financing or enter into a strategic transaction, it may have to cease operations. However if its financial condition improves sufficiently, the company intends to file Form 10-QSB and regain compliance for quotation on the OTCBB, CEO Bernard Albanese has indicated.
MORE U.S. SUPPORT FOR ONLINE GAMBLING - Andrew Curtis, probably the most recognised and quoted general Las Vegas expert around, carried out a poll on Internet gambling earlier this month on his popular Las Vegas Advisor.com website, attracting 5 000 voters who overwhelmingly supported legalised online gambling in the US.
PHARAOH'S TREASURE DELIVERS AT WILL HILL - Peterborough, UK online gambler SophieM was kissed by Lady Luck this week when she hit the GBP 102 718 progressive jackpot on William Hill Casino's online slot 'Pharaoh's Treasure'....on a GBP 4.50 bet.
Party Poker breaks the badbeat record - Thursday saw a new world record for an online poker Bad Beat Jackpot created at Party Poker.com when a bad beat payout on an online table reached $1 013 381 and change, surpassing the previous record of $992 000.
Versatility of collaborative fraud management system showcased - While many people are under the impression that online fraud activities are confined largely to fraudulent use of credit cards resulting in chargebacks, Ethoca points out that precautions against this sort of dishonesty can also include other forms of unwanted activity that impact the bottom line or the integrity of a service offering.
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