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Las Vegas From Home Entertainment enters social gaming

03/15/2012 :  LAS VEGAS FROM HOME LAUNCHES NEW FACEBOOK CASINO PRODUCT
 
Industry veteran gets into the social gaming sector
 
Online gambling industry veteran Las Vegas From Home.com Entertainment Inc. has entered the social gaming scene with the launch on Facebook of Real Vegas Casino.
 
A company spokesman said that LVFH will launch additional games under the Real Vegas Casino brand shortly, coinciding with a specialised marketing campaign.
 
To view the social game application, https://apps.facebook.com/realvegascasino/.
 
The new product provides players with a selection of social features combined with quality casino games for free, with virtual currency in the form of Facebook Credits available to extend and enhance game play. All pay-outs are in virtual currency to keep the business legal.
 
The software presents the casino action in1080p High Definition, with a games inventory that includes interactive casino games such as blackjack, roulette, Texas Hold'em and video slots.
 
According to a recent report released by BI Intelligence, the US social gaming industry will pass $5.5 billion in 2015, fuelled primarily by the sale of virtual goods. Top companies in the social gaming market have launched games that currently have millions of monthly active users, generating substantial revenues, and a growing number of major gambling companies are moving into the sector.
 
LVFH president and CEO Jake Kalpakian has also given an update on the company's Mexican transaction with EMEX. Apparently good progress is being made, and there has been growing interest including enquiries from an as yet unidentified but reportedly major group.
 
EMEX's gaming permit issued by the Mexican General Office of Games and Drawings/Lotteries, and is valid until May 24, 2030.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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