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Posted 3/15/11 : Irish beginnings for new online gambling venture
Our readers may have picked up on recent references to a company titled Casino Broadcast Network, which is facilitating live dealer action using technology from the United States-based hi-tech company Kx to broadcast live casino games on the internet.
This week the Belfast Telegraph threw some light on the man behind CBN Gaming, the 44-year-old Irish entrepreneur Michael O'Neill.
Formerly the chief operating officer of financial software company First Derivatives plc, O'Neill claims he can offer the most powerful technology for bricks-and-mortar casinos to operate online.
Using the Kx technology, live games from land casinos can be syndicated to online operators like Paddy Power and Ladbrokes for 'real money' action by their players. CBN then retains a small percentage of the operator's profit.
"Those online profits continue to climb aggressively - even in the present climate - a decisive factor in my decision to back the [online gambling] industry," O'Neill told the newspaper, adding that major companies in the space have already attributed much of their recent growth to online gambling operations.
The Irish entrepreneur's career started when he qualified as an actuary and worked at Lloyds Abbey Life before he joined First Derivatives in 1997.
He launched CBN Gaming at ICEi 2011 in London, and says that his board includes Israeli i-gaming expert Nicolas Fleiderman, former chief executive of BetnGo.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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