No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Gambling: Ecash Processor in Trouble
Intabill, an Australian online e-cash processor owned by BT Projects Pty Limited, owes A$30 million, three million of this to four top online poker companies, the Aussie newspaper Courier-Mail reports.
Among those affected are PokerStars.com, Full TiltPoker.com, Golden Palace.com and Absolute Poker.com - all fortunately strong enough to withstand any financial backfires caused by Intabill's apparently parlous situation.
The Courier-Mail reports that the young entrepreneur behind Intabill is UK-born of Bulgarian parents Daniel Tzvetkoff (24), who enjoyed a meteoric rise in business but is now suffering the consequences of an equally steep fall as the company he majority owns struggles with its debts.
The newspaper comments that the sale of Tzvetkoff's assets will be a harsh reality check for the youthful businessman, who drove exotic cars, owned a massive boat, chartered executive jets, opened his own nightclub, Zuri, sponsored a V8 supercar racing team - and was busy amassing property and doing interesting side deals until his fortunes changed.
"Tzvetkoff hit the headlines last year after the mysterious 24-year-old internet entrepreneur had shelled out an impressive million to buy tourism entrepreneur Tony Smith's palatial mansion at Hedges Ave on the Gold Coast," The Courier-Mail reports. "In between driving the Lambo he got around in a Ferrari 599, an Audi S6, a Range Rover and a Ford GT40. During regular trips to Las Vegas, where he is rumoured to have a house, he was again spotted in a Lambo."
The newspaper claims that in some IT sectors he was and still is described as a genius who created an enviable business through his main Australian company Intabill, based in Brisbane, of which he owns a two-third's share and is managing director. That company is owned by BT Projects Pty Ltd, whose three shareholders are listed as Tzvetkoff, local lawyer Sam Sciacca and an Alberta, Canada-based company called Rendel Investments.
But apparently all was not well with the company. A few weeks back Intabill sacked 96 staff from its head office, with Tzvetkoff blaming the global economic crisis and promising to refocus the company. Barely a dozen staff remain. And the material symbols of Tzvetkoff's high life are dwindling, an Intabill insider told The Courier-Mail. "Basically everything is for sale," he revealed last week.
At the time, Tzvetkoff pointed out that the cost of funding in wholesale markets had dramatically increased in the present volatile market conditions, and that as a consequence his planned diversification into lending products had been terminated.
"In recent weeks we have come to the realisation that diversifying in these difficult market conditions presents too many risks and challenges," he said. "Hence we have decided to scale back our operation to focus on our core e-commerce processing platform."
In its early days Intabill claimed to be one of the world's top ten online payment processors, enabling more than a million transactions a month between websites, customers and banks. It originally had more than five thousand clients, mostly in Europe and North America, involved in everything from online gambling and travel websites to airlines and global banks.
About 50 percent of Intabill's business relates to online gambling, the newspaper reports.
Funds were sent to online poker houses often via a processing company or an intermediary - a Salt Lake-based independent company called Impact.
But today Intabill owes four of the largest online poker sites in the world a total of about A$3 million.
"The figure was higher but asset sales and "arrangements" put in place by Intabill and the sites reduced some of the debt," The Courier-Mail article reveals.
About a million dollars is owed to the world's two largest online poker sites, the Isle of Man domiciled Poker Stars.com and Full Tilt Poker.com.
The newspaper claims that PokerStars is owned by Isai Scheinberg, who is believed to be worth more than a billion US dollars.
Another million is owed to Absolute Poker and a further million to Golden Palace, a casino and online poker group.
It's understood that Intabill's troubles started to snowball when Impact became anxious about funds owed and pulled the plug on Intabill's processing operation.
Other insiders blame the loss of customers on increased "charge backs" - or R10s as they are called in the trade - where consumers complain about their credit card or direct debit charges.
Exclusive Bonus - Limited Time - Claim our exclusive 125% bonus to Slotsplus Casino. Its easy to do. Visit Slotsplus and before making your first deposit use our exclusive bonus code OFFSUIT in the cashier before your first deposit. Visit Slotsplus Now.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.