Gambling News 04th September, 2012

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DOUBLE DOWN CASINO IN HARD ROCK CASINO DEAL

04th September, 2012 at 10:49:45
IGT's online social gaming property partnering with iconic Las Vegas casino resort

International Game Technology announced Tuesday that its online social gaming subsidiary Double Down Casino has inked its first agreement with a land-based Las Vegas casino in a partnership deal with the iconic Hard Rock Hotel and Casino.

Full Story: Double Down Casino In Hard Rock Casino Deal »

BINGO.COM BACK IN THE DOLDRUMS

04th September, 2012 at 10:49:45
Q2-2012 contributes to a year-on-year decline of 4 percent

The relief of Bingo.com investors, who earlier this year celebrated a 64 percent year-on-year rise in revenues at the famously unsuccessful operator, was short-lived following the recent news that Q2-2012 revenues fell to $347,743, contributing to a 4 percent year-on-year decline so far.

Full Story: Bingo.com Back In The Doldrums »

WHY TRUSTS FOR SEGREGATED GAMBLER ACCOUNTS ARE SO IMPORTANT

04th September, 2012 at 03:51:17
Full Tilt, Purple Lounge and 5050 Poker are but recent examples of what happens when operators dip into player funds

The recent publication of Nevada's rigorous requirements regarding the use of trust funds to segregate poker player deposits and accounts from operator funds has highlighted once again the importance of this player-safety measure, and with the recent debacles at Full Tilt, Purple Lounge and 5050 Poker still fresh in the memory the US state's insistence on strict compliance will be widely applauded.

Full Story: Why Trusts For Segregated Gambler Accounts Are So Important »

BORNEO POLICE IN ONLINE GAMBLING BUSTS

04th September, 2012 at 03:51:17
Arrests and seizures in raids on four internet gambling dens

The police in Borneo resumed their anti-internet gambling drive Monday, raiding four premises in the Miri region after tip-offs that the occupiers were running internet gambling operations.

Full Story: Borneo Police In Online Gambling Busts »