Online casino changing minimum buy-ins – Online Casino News

Posted by admin | Casino News | Wednesday 31 March 2010 11:17 am

Leading Curacao-licensed online poker room CakerPoker.com has announced that it is set to increase the minimum buy-in for its no-limit hold’em games from 20 big blinds to 30.

The change will take effect from April 8 with CakePoker.com stating that its new policy will help to minimise short-stack play in order to increase fun and competitiveness on the site.

For players who enjoy playing short-stack games, CakePoker.com announced that it would continue to offer tables with low-stake games for 20 big blinds.

“We realise that the issue of ‘short-stacking’ is a contentious one,” said Lee Jones, Card Room Manager for CakePoker.com.

“It’s completely within the rules of poker to play a short-stack as long as you buy in for at least the minimum amount. Read the full post …

GameAccount UK licence suspended

Posted by admin | Casino News | Wednesday 31 March 2010 5:23 am

The UK Gambling Commission has commenced a review under section 116 of the Gambling Act 2005 and, under section 118 of the Act, has decided to suspend that part of Operating Licence number 000-002604-R-104107-004 issued to GameAccount Global Limited relating to remote casino activity, whilst the review takes place.

The suspension is an interim measure, the need for which will be kept under consideration during the review.

The Commission will make no further comment until the review is complete.

GameAccount Global Limited is a mainly skill games operator that has online (remote) gambling interests in the CasinoRip online blackjack site.

According to section 120 of the Gambling Act of 2005, the Gambling Commission may suspend or revoke an operator’s licence if ‘a licensed activity is being or has been carried on in a manner that is inconsistent with the licensing objectives’.

Read the full post …

Call Of Duty 4 Slots At Virgin Casino

Posted by admin | Casino News | Friday 26 March 2010 9:04 am

Virgin Casino is running a new promotion called Warfare bonanza which will run all of this week (Monday 29th March until Sunday 4th April).

As part of this fantastic promotion, Virgin casino is giving away three Sony Playstation 3 games consoles plus a game of your choice!

The warfare bonanza is a prize draw which will be held on Monday 5th April and to enter all you have to do is wager £50 or more on their Call of duty 4 slots game. For every £50 you wager you’ll receive another entry into the draw.

If you manage to wager £3,500 or more on the call of duty slots game by Sunday Virgin casino will give you 100 extra entries into the prize draw!

Call of Duty 4 is one of Virgin Casino’s most popular online slots games amongst both gaming enthusiasts and jackpot seekers! The ga

Read the full post …

Music society sings the blues over UIGEA as payments are blocked

Posted by admin | Casino News | Friday 26 March 2010 4:32 am

On June 1st, the postponed regulations supporting the Unlawful Internet Gambling Enforcement Act come into effect, obliging financial institutions to block financial transactions with ill-defined “illegal” offshore gambling sites.

Read the full post …

32Red Adds Rummy to its List of Impressive Online Games

Posted by admin | Casino News | Sunday 21 March 2010 10:19 am

The popular online casino has added the classic card game – enjoyed by many families at Christmas, Easter, and on other similar seasonal holidays – to its roster.

Keep granny happy is also reflected in 32Red jumping on the bingo bandwagon, as it tries to give its loyal army of casino-loving followers a fully-packed and detailed list of potential and possible gaming options where they can enjoy some safe and secure wagering with a reputable and highly regarded business that recently won the casino of the decade accolade .

32Red knows that Rummy is a niche enterprise but it is happy to embrace the new software and the new technology.

Read the full post …

Dancing With The Stars Season 10 Betting Off The Charts

Posted by admin | Casino News | Sunday 21 March 2010 3:47 am

The amount of people looking for Dancing With The Stars Season 10 betting odds has been astronomical, according to Gambling911.com Senior Editor Payton O’Brien.

"We had a few thousand people searching for Dancing With The Stars odds yesterday alone and mostly through Bing.com," she confirmed.

Among the online gambling websites offering Dancing With The Stars Season 10 betting is BetUS.com (see website here). 

That company initially listed Nicole Scherzinger  (+175 odds) and Evan Lysacek (+200 odds) as the co-favorites. 

This year’s contestants are like none other. Ka

Read the full post …

Business: Pinnacle Entertainment gets new Chief Executive

Posted by admin | Casino News | Tuesday 16 March 2010 9:18 am

Casino conglomerate Pinnacle Entertainment announced that Anthony Sanfilippo has been appointed president and CEO. The company operates several casinos around the US, including Lumiere Place in St. Louis, Missouri, and L’Auberge du Lac near Lake Charles, Louisiana. Last November, CEO and president Daniel Lee resigned after an incident with St. Louis County Council members over new zoning laws that could have an effect on the location of a new casino in the area.

According to local media reports, Lee confronted St. Louis County Councilman Steve Stenger about a proposed competing casino in North St.

Read the full post …

Chartwell releases first quarter 2010 results

Posted by admin | Casino News | Tuesday 16 March 2010 4:15 am

The Calgary, Canada-based online gambling software developer Chartwell Technology has released its financial results for Q1, 2010, a period ending January 31, 2010. Revenue dropped to $3.5 million compared to $4.2 million for the same period a year earlier, generating a net loss for Q1 of $800,000 compared to a net loss of $100,000 from continuing operations and $700,000 after discontinued operations in the same quarter of the last fiscal year.

Cash flow from operations before working capital adjustments similarly declined from $600,000 to cash used in operations of $400,000.

Q1 software development and support expenses increased 13.2% to $2.4 million over the same period of fiscal 2009.

Read the full post …

In Las Vegas NCAA Tournament Really is March Madness

Posted by admin | Casino News | Thursday 11 March 2010 10:25 am

BY Rich O’Malley, NY DAILY NEWS STAFF WRITER

Last year, for the first time in six years, I did the responsible thing.

I stayed home.

Every year since 2003, I had religiously made my pilgrimage to Las Vegas – including once BY MYSELF when everyone bailed on me – to watch the first weekend of the NCAA Tournament at various sportsbooks along The Strip.

But last year, I purchased a house with my wife, so I did what any sane, married 30-something who had just bought a house would do.

I broke the streak.

What a mistake!

(Just kidding, honey!

Read the full post …

Nevada May Want To Cut Off WSOP Online Poker Sponsors

Posted by admin | Casino News | Thursday 11 March 2010 4:18 am

The World Series of Poker may find itself in yet another setback.  Following legislation passed in October 2006 that essentially made it illegal (or at least difficult) for banks to transfer funds between poker players and online poker rooms, the World Series of Poker witnessed a sharp decline in participants from its 2006 peak.

Now comes word that Nevada regulators are looking to clamp down on contractual relationships between the state’s casino operators and nongambling arms of the Internet gaming industry.

Such a move is almost guaranteed to cut off a significant revenue stream for the WSOP and other poker tournaments that take place in the state.   A large number of poker tournaments are now sponsored by online poker ventures such as PokerStars and UB.com.  In fact, UB.com just announced the cancellation of its well received Aruba Classic Poker Tournament in order that it may enjoy a greater presence at existing poker events, presumably some of which take place in Vegas.

Gaming Control Board member Randall Sayre said he is drafting a letter the gaming industry in hopes that guidelines would be set.  He stopped short of declaring that such relationships should be completely abolished. 

"We don’t have a policy and clearly the board needs to boil down exactly what that policy needs to be," Sayre said. "S

Read the full post …