China Chinese officials have been slowly interfering with residents ability to gamble online. Their latest attempt could be a major blow to people who are engaging in online gambling.Beijing has now prohibited residents from using virtual money to buy goods. That is a major blow to the Internet gambling industry, who was giving out the virtual money, and players were then able to use that virtual money to buy all sorts of different goods. They were even allowed to exchange the virtual money for real money.Virtual money will now only be used for virtual goods. The more pressing issue is [ Read More ]
Archive for June, 2009
This past weekend, the Vegas Technologies network of online casinos hosted a successful online slots tournament and it’s about to wind down. With less than twenty-four hours left in the tournament, the top spot is still up for grabs. Most weekend online casino tournaments have one player with a commanding lead before the tournament is over; such is not the case with the $50,000 30K Plus 20K bonus bucks freeroll at Online Vegas. Right now there are three players battling for top spot in the online slot tournament. Ayers41 is the current leader with a balance of $40,043.50, trailed closely [ Read More ]
As the World Series of Poker winds down toward the US$10,000 buy-in World Championship No-Limit Hold’em Main Event, the established pros continue to rack up some great results. Event: US$5,000 buy-in No-Limit Hold’em Shootout While the final table in this event is devoid of bracelet winners or big-name pros, Phil Ivey continued to prove his dominance this year by finishing in eighth place, winning just over US$16,000 and making his fifth cash finish in this year’s Series. With this finish, he ties four other players with five cashes and takes the lead in the WSOP Player of the Year race. [ Read More ]
June 26 – Net Entertainment’s progressive jackpot "Mega Fortune" has been won by a lucky Unibet Casino player at 4,345,183. The lucky Dutch woman reaped the benefits of one of Net Entertainment’s progressive jackpots winning one of the largest jackpots in the history of online gambling. The sum of 4,345,183, which will be paid out in one single payment, is a truly a "life changing" win. Petter Nylander, CEO at Unibet comments; "It is a true pleasure to congratulate a Unibet player on winning one of the largest jackpots in the history of online gambling. A bet [ Read More ]
As we all know, Congressman Barney Frank of the House Financial Services Committee introduced a bill to overturn the anti-gambling law, the UIGEA, unfortunately the economic crisis has thrown a monkey in the works, because the voting for the law is delayed. The Bill, HR2267, the Internet Gambling Regulation & Consumer Protection Enforcement Act (IGRCPEA), will license and regulate online casino gambling in the US. Since the bill was introduced in May, the legislation has gathered support from various politicians, Barney Frank now has 35 co-sponsors for his proposal to regulate online gambling. The online casino industry had high hopes [ Read More ]
Online Poker The world of online gambling was thrown into a frenzy the past couple of weeks with the US government seizing bank accounts that held funds to pay out online poker players. Late this past week, however, many of the top online poker sites in the world were back to accepting US players.The poker players themselves were hurt more by the seizure than the sites. Over $30 million was frozen, leaving many players to wonder if they had seen the last of their winnings. At the very least, the players had been inconvenienced.“I was worried not because I had [ Read More ]
Starting in September, Italian gaming companies in conjunction with the state’s gaming regulator (AAMS) will enter a new phase in their videolottery campaigns. This phase features improvements and expansions in the popular slots market. The biggest change comes in the form of a new videolottery machine that offers more games and more money than the existing slot machines. The improved machines also introduce a new network jackpot feature and promise players a payout percentage of at least 85%—a 10% improvement on older games. The plan for implementing these changes is still in development and awaits final ministerial approval, but industry [ Read More ]
The worlds of politics and poker will meet next week when former three-term New York Senator Alfonse D’Amato visits the World Series Of Poker (WSOP) 2009 in Las Vegas in order to take part in Event 43. D’Amato is the current Chairman of the Poker Players Alliance, a non-profit organisation set up to help protect and fight for the rights of poker players in the US, and will arrive at the Rio All-Suite Hotel And Casino on Monday to hold a morning press conference. He is then scheduled to take to the tables at noon for the Seniors No-Limit Hold’Em [ Read More ]
Following in the footsteps of fellow Poker Pack member Steve Sung, JC Tran captured the second World Series Of Poker (WSOP) bracelet of his career over the weekend by winning the $2,500 pot-limit Omaha event. The Poker Pack is a team of specially selected players of Asian origin that serve as ambassadors for the Asian Poker Tour. Comprised of Tran and Sung as well as Nam Le, Quinn Do, David ‘Chino’ Rheem and Kwang Soo Lee, the Pack has combined live tournament winnings of approximately $24 million and will be attending the Asian Poker Tour event in Macau from August [ Read More ]
Golden Casino Golden Casino is one of the top online casinos powered by Vegas Technologies. The month of June has been particularly good for online players that choose to play at Golden Casino.The casino has paid out over $10,000,000 in cash on their slot game bonuses. For those who understand how hard it is to get into a bonus situation on a slot game, the $10,000,000 seems like an outrageous figure.“I play the slots all the time online,” said player Becky Neeber, “sometimes I play for three or four hours and I don’t even get into a bonus round. To [ Read More ]
