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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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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

Red Riding Hood Online Slot Launched - The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.

Super Heroes Slot Launches - When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.

SIS Stream To Deliver racing games to online customers - Online and retail betting industry provider SIS has signed a multi-year deal that harnesses the power of its SIS Stream product to deliver 49s-branded racing games to online customers.

Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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