Gambling News 19th July, 2013

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DDOS A PART OF DOING BUSINESS IN ONLINE GAMBLING?

19th July, 2013 at 15:20:58
Bitcoin used for accepting extortion payments

The incidence of Distributed Denial of Services (DDoS) is sufficiently high in the online gambling business for some executives to feel it is part of doing business, reports the publication IB Times.

Full Story: Ddos A Part Of Doing Business In Online Gambling? »

SWIFT JUSTICE IN DUBAI

19th July, 2013 at 15:20:58
Online gambling operators sentenced to a year in jail

Justice is administered quickly in Dubai, it appears; four men recently arrested for operating an online gambling facility in the Jumeira Beach area (see previous report) have already been sentenced in the Dubai Court of First Instance.

Full Story: Swift Justice In Dubai »

MACAU HALF YEARLY NUMBERS IMPRESS

19th July, 2013 at 15:20:58
Revenues reach $21.5 billion in first half of 2013.

The revenue generating machine that is the land gambling industry in Macau turned in an impressive half year performance this week, according to official figures from the Macau Gaming Inspection and Coordination Bureau.

Full Story: Macau Half Yearly Numbers Impress »

BITCOIN CURRENCY ONLINE CASINO SOLD FOR $11.5 MILLION

19th July, 2013 at 03:15:13
Satoshi Dice transaction appropriately conducted in Bitcoins

The first major acquisition of an online gambling company accepting the Bitcoin virtual currency has taken place, with online casino firm SatoshiDice sold to an undisclosed buyer for 126,315 Bitcoins, or about $11.5 million, reports the publication TNW.

Full Story: Bitcoin Currency Online Casino Sold For $11.5 Million »