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Warren Cloud Dies Of heart Attack
Unconfirmed reports from several sources early Sunday morning are that online gambling casino owner Warren Cloud may have died on a boat off Ibiza, in Spain.
One of RTG's biggest online casino licensees, he is reported to have succumbed to a heart attack whilst out on a boat late Saturday evening.
The South African online gambling entrepreneur used several aliases and was also known as "Don Fortune," "Richard Brooks" or "Oliver Curran" to many. He eventually became the biggest and most successful of the Real Time Gaming-powered casino operators with venues like Crystal Palace, High Rollers Lounge, Vegas Riches, Golden Nile Casino, Royal Circus Casino, Vegas Frontier Casino and many other brands.
Starting out in Johannesburg, South Africa over nine years ago with an online casino powered by Korean software, Cloud was not initially successful and left many players unpaid when he relocated elsewhere, first to Australia and then London. However, his new businesses flourished - albeit with a questionable reputation - after he started using RTG software and based his operations in Costa Rica.
That success was so pronounced that he at one stage contemplated launching an IPO on the London AIM market worth GBP 120 million. This did not materialise, however, and there were rumours that Cloud had instead secured investment finances from a wealthy European businessman.
Often at the centre of controversial decisions to the detriment of individual players, leading to widely publicised disputes, Cloud had in recent times taken a lower profile, leading to speculation that he may have retired despite his relatively young age. He leaves a widow and one child.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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