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Tower Gaming Shuts Down

Friday April 26,2013 : TOWER GAMING SHUTS DOWN
 
Acquired by Cake Poker and Jetbull
 
After seven years in the online casino and poker sector Tower Gaming announced Thursday that it is calling it a day.
 
No reasons were given for the decision, but the company disclosed that it had been purchased by Cake Poker and Jetbull Sportsbook.
 
Players were advised that their accounts had been moved across to the new owners, whilst affiliates were asked to re-register, with Jetbull.com taking over casino and sportsbook clients and CakePoker.eu assuming responsibility for poker.
 
Jetbull Sportsbook is  a us online sports book using Oddsmatrix software, licensed in Malta, owned by Jetbull Ltd., whilst Cake Poker is well-known as an online poker network.
 
In a website message to its players, Tower Gaming declared that it had become apparent that "...we’re no longer able to provide you with the level and quality of customer service we’d like to offer and you deserve."
 
The communique goes on to inform players about the purchase, promising that Jetbull offers a range of games three times bigger than Tower, along with games from Microgaming, Play'nGo and IGT and live betting, bigger prizes and jackpots. Cake Poker is praised for its tournaments and bonuses, and both new owners commended for good support.
 
Tower assures players that secure account information, funds, bonuses and even levels and player points will all be maintained.
 
In related news, it appears that the recent volatility of the virtual currency Bitcoin has proved too much for the small sportsbook start-up Blockbet.net, which has closed after only three months of operations.
 
The site used the virtual currency to accept wagers on NBA, NFL and NHL games and European football leagues, but several days ago owner-operator "Paul" posted:
 
"I think the time has come for me to retire Blockbet. Obviously with the NBA and NHL heading into the playoffs and soccer leagues with their summer breaks, there will be less games to cover over the summer, and I've made nothing but losses on baseball up to this point.
 
"It's been a great experience and a lot of fun, but it's also been a full-time job with no days off, so a small break from everything will be welcome. Also the sportsbook game is a lot more crowded than it used to be, and let's face it, some of these new guys can offer more features than we do.
 
"I knew from the start that it won't take too long for guys with more technical knowledge and more time to invest to come along, and I wish nothing but good luck for them. The sportsbooks offerings are now a lot stronger that what they used to be, and I'm glad to have been a part of that process.
 
"I'm gonna stay involved with Bitcoin, I have a lot of faith in the currency. I also have a couple of other ideas that I want to work on."
 
He promised to work on pay-outs and the return of outstanding NBA bets, and then closed his site down.



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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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