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World Poker Fund Holdings Expects to Generate almost 150 Million

Tuesday May 10,2016 : WPFH BULLISH ON UEG REVENUE FORECASTS

First in-flight online real-money casino gaming.

Social gaming platform developer and operator World Poker Fund Holdings (WPFH) says it expects to generate $143 million in revenues from the first ever in-flight online casino assets and contracts stemming from its 49 percent acquisition of Universal Entertainment Group (UEG).

According to a press statement, the Iowa Tribe of Oklahoma PokerTribe.com/.gov gaming portal is scheduled for launch in the next 90 days initially offering live online cash-casino, cash-bingo and cash-poker games to international (non-U.S.) players.

In-flight cash gaming is anticipated to launch during the first quarter of 2017 on selected international airline flights, cruises and other forms of transportation.

The in-flight international gaming offerings will be offered through InSkyCasino.com to eligible passengers aged 21 and over once an international flight in excess of two hours reaches cruising altitude.

Passengers will receive complimentary Wi-Fi access for the duration of the flight for a minimum deposit of $25 into their online, real-money play, casino account offered by InSkyCasino.com, operated by PokerTribe.com/.gov and software/support provided by UEG, through its contractual arrangement with the Iowa Tribe of Oklahoma.

"We are proud to be working with World Poker Fund and The Iowa Tribe of Oklahoma on this project,” said Universal Entertainment Group spokesperson Christina Fallin. “It is an extraordinary time for the State of Oklahoma. The recent federal court ruling granting the Iowa Tribe the unique gaming licenses will generate significant revenue potential that will directly benefit the people of Oklahoma through tax revenues and The Iowa Tribe and its partners. It's a win-win all around."

WPFH said 3.5 billion passengers are expected to fly in 2016 and more than 3 billion of those are projected to be non-U.S. passengers. WPFH and its market partners through PokerTribe.com/.gov, initially will have access to 180 million of those international passengers through a single in-flight Wi-Fi provider, which controls the entertainment content on its partner airlines.



Gambling News :

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

NHL Odds: Pacific Division Foes Face Off in Edmonton - The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.

Bingo Cataratas Offers Unique Spin on Classic bingo - Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.

NBA Odds: Hawks-Pacers in Regular-Season Finale - Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.

Microgaming April 2017 new games - Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.

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