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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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