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Gambling: Dominican Republic based company has a land casino

The Caribbean Casino and Gaming Corporation was in the business news for the second time this week, having earlier announced that live betting cameras and software will be installed over table games, including Texas Hold 'Em, at its Sosua Bay Grand Casino in the Dominican Republic within the next two weeks for Internet live betting purposes.
In its latest announcement, CCGC advises that it has entered into a six month online test simulcast broadcast agreement with Kenilworth Systems Corporation to support its recently signed agreement with Trade Broadcasting Corp to offer Texas Hold Em Tournaments throughout the Caribbean Islands.
CCGC plans to relocate its smaller Grand Casino to an adjoining 250 room hotel that will include a disco, four (4) restaurants, three (3) pools and a vastly expanded casino to accommodate Caribbean Stud Poker and Texas Hold Em tournaments. Kenilworth will complete the test before the Grand Casino is relocated.
Kenilworth owns patents filed in the U.S. and in fifty-one (51) industrialised countries including China, Japan and Russia in which are located 2 151 land casinos. The patents are for systems and methods for playing casino table-type games such as roulette, dice and baccarat in an interactive manner at sites remote from the actual casino table at which cameras follow the live game that is being played in strictly regulated casinos. This allows players to wager as if they are in the actual casino playing at tables rather than virtual or number generated casino games from studios.
The patented technology includes the use of lottery-type terminals that accept cash deposits while managing the wagering by using lottery data systems that can easily identify problematic gamblers and limit or shut down their compulsive gambling habits and also prevents underage participation when state operated lotteries become involved.
Herbert Lindo, Chairman and Chief Executive Officer at Kenilworth, explained: "Simulcasts of remote casino table games to homes, cell phones, public gathering places such as cafes, hotels, resorts, horse race tracks and selected restaurants and bars is the direction of the future.
"Denmark, Sweden, Poland, Switzerland and France have either passed or are preparing legislation permitting only remote live games from their own casinos with the same tax benefits, halting virtual wagering and number generated games along with studio games. The reason we are developing the software and the required equipment is to market the live game broadcast technology together with licensing our patents."
As part of the test agreement, among other considerations, Kenilworth will pay one half of one percent for a period of ten years, from the net, net win earnings from an estimated annual $500 billion worldwide market in the not too distant future (up to an estimated $2.5 billion annually). Kenilworth's software and technical personnel will assist Caribbean to complete the Texas Hold Em tournament broadcast system.

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Gambling News :

Coral Launches player proposition betting product - Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.

Oshi online casino now accepts fiat currencies - The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.

New Standards for UK Online Gambling - Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.

Pennsylvania Gambling Bill 1887 returned with additions - The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

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