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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.
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
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Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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