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Caribbean Gaming and Casino group has announced what it boasts is a "revolutionary" online Texas Hold 'Em gaming deal as part of a joint venture agreement it has signed with the Tradewinds Broadcasting Corporation.  The objective of the partnership is to introduce live online wagering during poker games beamed over the Internet from a Caribbean island.
 
Company spokesmen said this week that Tradewinds Broadcasting Corp. will deploy technology "...that allows online viewing and betting of live Texas Hold Em tournaments and permits online wagering on the live players themselves. This new technology will stream real time images of games via broadband public internet, accompanied by opportunities to wager on the outcome of individual hands, individual players and the outcome of tournaments."
 
Steven Swank, president of Caribbean Gaming and Casino Corp., said: "The difference is like watching a live sporting event instead of a time delayed game with a determined outcome. It is an interactive experience never offered before now. We hope to have this up and running by late 2009."
 
"Integration of live play and online wagering on the players themselves brings a whole new dimension to the rapidly growing number of Texas Hold Em fans," commented Allen Engebretsen, a director of Tradewinds Media. "We are seeing the same kind of excitement as when I was setting up local pub tournaments to feed championship players in to the big tournaments such as the World Series of Poker. The potential for this technology is absolutely amazing."
 
The Caribbean Gaming and Casino group is based in Tamarac, Florida and is currently building a new gaming and entertainment facility branded Sosua Bay Grand Casino, which is located in the heart of Sosua, Puerto Plata in the Dominican Republic. The project is scheduled for completion in August 2009 and will comprise a three storey entertainment complex overlooking the Sosua Bay Resort, beach, and Sosua bay. The 36 000 square foot building will house a casino, a nightclub, convention center, spa and fitness centre. The company holds appropriate licensing in the area.
 
Swank has been conducting business operations in the Dominican Republic since 2003, including the ownership of a hotel in Sosua and the operation of Texas Hold-Em poker tables through his company World Poker Tour S.A. which has been acquired by the Caribbean Gaming and Casino group. He is joined in CGCG by Armando Casciati, the owner and operator of the $40 million dollar waterfront resort Sosua Bay Resort and the new building being constructed for the Sosua Bay Grand Casino. He is a fellow entrepreneur and a large residential and commercial property owner in the region.
 
Casciati will oversee the casino operations whilst Swank will be responsible for management of the nightclub on the property, the convention centre and the spa.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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