Archive for the ‘Casino News’ Category

The Kentucky Supreme Court continues to investigate the Internet gambling case from iMEGA, a company who is in a court battle over domain names. This case still stands strong in court, pending a decision as to whether they owned the name, or seized it from another company. This legal name battle began in March of 2010 when the state of Kentucky asked iMEGA to present proof that one of their clients was using the name. They presented Yatahay Limited, the owner of TruePoker.com who swore on an affidavit to show that they were legally members of iMEGA.

Pending a Supreme Court decision, Kentucky filed another charge against Pocket Kings, who run Full Tilt Poker. Later, on the 11^th of August, 2010, they filed changes and also added PartyGaming, another site’s activities prior to the point in 2006 when they stopped providing gambling online services to Americans.

Why include PartyGaming in their suit? Some people argue that they have an inside deal to settle with the Federal Department of Justice, resulting in a milder point of focus or discipline for the state. Also, PartyGaming is a large company that has shareholders and may be seen as more credible and easier to sue than smaller, unknown companies.  In fact, two of the largest shareholders named Russ de Leon and Ruth Parasol will not settle with the state for their individual involvement in online gambling activity – the state of Kentucky may be trying to pressure them. iMEGA head Joe Brennan feels that the government may find PartyGaming to be an easy target because they are about to merger with another gambling company.

Lawyers for Kentucky’s government (a frim named Hurt Crosbie and May) notified CEO Jim Ryan of PartyGaming that there is an upcoming lawsuit based on activity up to October 2006. Under the law in Kentucky state, online gambling transactions are illegal and the state is allowed to recover these losses for its citizens. There has been no comment from the head of PartyGaming, although Jim Ryan has officially said he sees no challenges to getting the proper license once the government puts together market regulations.

Unlike Party Gaming, Pocket King still operates in the States and is a large part of the Poker Player’s Alliance who are trying to stop legislation against online gambling.

Many countries have come to the recognization that online casinos are some what inevitable and are just another harmless pastime. For this reason, is there really any reason in trying to stop the online casino industry? They don’t think so, and instead work to facilitate the online gambling world as best possible. Other countries however don’t acknowledge online gambling as an acceptable and legal pastime. These nations work hard to try and ban, filter and block online casinos from being accessed. However they also institute gambling monopolies. Some countries even penalize online gamblers, but all these implementations fail to reduce online gambling successfully.

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New Jersey is trying to put life back into the diminishing gambling revenues of the casinos in Atlantic City.  The state is trying to increase the revenue by discussing the ability to gamble online and bet on sports.  There will be a vote to put a proposal into force in autumn. Some legislators are against a bill of the nature and do not want to promote the use of casinos online. The politicians have also put together their own preferences regarding the issue to try to cash in on the benefits.

The Casino Association of New jersey prefers not to have a law that allows gambling on the internet but is still considering the possibility of allowing this and the benefits it may hold. Voters will decide if the federal law should be overturned in the state. Many voters will also submit their opinions on their gambling preferences and what they would like to see take place. There opinions will be collected to decide whether expansion of gambling is ideal or not.

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According to the hype, the 2010 FIFA World Cup will be the most widely-watched sporting event the world has ever seen. The 64 matches will see more than 30 different countries battling it out – all of which can be seen in the three daily broadcasts and extensive internet coverage.

Captains of industry are therefore concerned about the effect this will have on worker productivity. This has led to some companies seeking solutions to combat the imminent distractions.

The Employee Monitoring, Reporting and Surveillance Software promises to provide just the answer. The company responsible for the software, Spector 360, warns that the World Cup is likely to reduce productivity, profitability, and company security in five specific areas. These include sporting bets made during office house and other online gambling.

President and founder of SpectorSoft, C. Douglas Fowler, says, “Business owners should take note of the business risks before the World Cup begins, and establish an ‘acceptable use policy’ that allows for employee flexibility without compromising productivity or security,”

A recent study found that half of local UK employees were intending to stream World Cup games from their work computer. In addition, social networking sites such as “Sports on Facebook” provide additional time-wasting opportunities by encouraging participation in its leader board that ranks teams by popularity, passion, region, intensity and group.

The Spector 360 software will ensure that managers are aware of their employees’ behavior thanks to reporting features which include simple reporting tools and detailed snapshots of employees’ screens. The software also provides the ability to gather information relating to what someone did on their computer, and the precise order in which they did it.

More than half a million people have already purchased the software, as have fifty thousand government organizations, businesses, law enforcement agencies, and schools. In addition to preventing World Cup time-wasting, the software can protect children online and prevent bandwidth drains and spikes in corporate networks.

Countless of traditional gambling companies sat on the sidelines as the Internet grew, and uncertain to take advantage of the new technology for their businesses. It wasn’t until 1996 that the first online casino was opened. Once the first online casino site had opened, other companies started rushing to join in on the action. Online casino continued to grow at a tremendous rate until the October 2006. At that time, a law was passed in the United States that made it difficult for Americans to access the money they had in the online casino accounts. This law caused many online casinos to go out of business, and the gaming companies affected by the law saw their shares drop drastically in price. Most of the online casino companies affected by the new law were located in the UK.

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If you are hoping to win a seat in the main event in next month’s Asian Poker Tour (APT) Macau Festival then you have one last chance to do this. This weekend there will be a series of satellites at PokerParty.com and the iPoker Network where you can try to win your seat.

The Asia’s original poker tour, the Asian Poker Tour, today kicked off its record-breaking 12-day festival at the StarWorld Hotel and Casino in Macau. With the main event scheduled from August 20 to 23, the first 8 days of the festival are devoted to an world-class set in line of satellite and side events, with guaranteed prize pools bond to kindle the interest of all poker players of all levels.

With a buy-in of an excessive of $4,438, the Asian Poker Tour (APT) Macau Festival is not going to be accessible for everyone who claims to be a fan of online casinos and poker room competitions.

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