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• GAMBLING NEWS ARCHIVE (Oct, 30 - Nov, 6) Jackpots :


• Gambling.com To Discuss The Post-UK Gaming Reform EU
November 5, 2004 (London, UK) - Gambling.com was the first major international Gambling firm to launch in the UK following the publishing of the Gaming Reform Bill in October. With their footprint now firmly in Britain, being one of the most visited gambling sites in the UK, Gambling.com are looking towards Europe and the opportunities that UK Gaming Reform Bill provides throughout the rest of the EU.

EU legislation requires free trade between EU member states. British gaming legislation therefore influences gambling regulation in all EU member countries, and benefits interactive gaming companies by providing a comprehensive rule-set which begins to open markets across Europe.

Gambling.com will send a representative to attend the European Interactive Gaming Summit in Sitges, Spain next week. European regulators and the International interactive gaming community will attend the conference in hopes of divining a clearer picture on a post-Gaming Reform Europe.

“The UK opportunities which exist for interactive gaming could subsequently be reflected across Europe, generating as much revenue, for UK companies, as the Las Vegas-style land-based resorts planned for Britain. Online gaming is already a global-wide multi-billion pound industry, and as such the UK could also soon be in a position to benefit from this in terms of entertainment, jobs and revenue,” said Tim Rosenberg, International Spokesman for Gambling.com.

> Read the full story here
Source : Press Release

• Jackpot At 30,000 Feet?
A friend of mine has often regaled me with the tale of his trip to Germany: the beautiful scenery, the historic castles, the Munich beer halls, and two days wedged in an airplane seat with nothing for entertainment but an endless cycle of the movie Bedazzled -- which he still will not watch to this day. Fortunately, Ryanair Holdings (Nasdaq: RYAAY), Europe's leading low-cost airline, is developing another form of entertainment for the weary traveler -- in-flight gaming.

Apparently, management at the Dublin-based company is mulling the idea of offering gaming options to passengers through seat-back consoles, in addition to the company's current pay-for-entertainment lineup, which includes movies, cartoons, and music videos. Ryanair has already placed an order for 5,000 additional consoles. The concept may or may not get off the ground, though, as the technology needed to expand the systems to include credit card-funded gambling is still in the near future. However, if rival Virgin Express can safely carry passengers on suborbital flights, then Ryanair should have no trouble finding a way for its fliers to unwind with a video poker machine. [...]

> Read the full story here
Source : Fool.com

• 6 Minute-Old Online Gambler Wins $286,609!
November 4, 2004 (London, UK) - It’s a record jackpot at InterCasino, not because it’s their biggest winner ever, but because no one has ever won a MEGA-Jackpot so quickly. A just-out-of-the-box online gambler going by the username Silvana3, registered at InterCasino two weeks ago, on the 18th of October, but didn’t start her real-play until yesterday.

The two-week wait between registration and play was well timed, because Silvana3 beat the progressive slot machine Rags to Riches after just $13 dollars in play. How much did her $13 investment net her? $286,609! That means that Silvana3 has netted a remarkable 22,046 times return on investment.

Ryan Hartley, the normally collected casino manager at InterCasino, was barely able to catch his breath when asked about Silvana3’s jackpot. “We’ve been watching the Rags to Riches progressive jackpot grow and grow since it hit $250,000. We knew that it would bust at any time, but we never expected a player that had only played $13 to be the lucky winner. We have had people hit Rags to Riches twice, we have had players who hit it on the first spin of the day, and we’ve even seen people who have never bet slots win on Rags to Riches. But we have never had someone who’s never gambled before in her life win over a quarter of a million dollars! In fact, I don’t think anyone has!”

45-year old Canadian born Silvana3 proved that lady luck could strike at any time, and InterCasino was happy to usher her into her life. “If Silvana3 can win at InterCasino after $13 of cumulative gambling, I guess anyone can!” Hartley concludes with haste.

> Read the full story here
Source : InterCasino

• The Gambling Federation Joins iGGBA
UK -- (PRESS RELEASE) -- iGGBA is delighted to announce that Gambling Federation has joined its ranks and become the most recent of 50 members. Gambling Federation is an independent offshore company focusing on the provision of unique gaming experiences and complete operational services for the online casino industry.

Arguably one of the fastest growing players in the industry, they bring together all aspects of successful online gaming – casino software, operator management & marketing tools, customer & licensee support, financial, billing & payment services, and hosting & technical support.

They operate in 15 languages including most European and Asian languages, and feature multiple currencies. They work directly with companies who are interested in licensing the software platform and operating an online casino.

iGGBA believes that by supporting a broad and diverse membership base, reaching from content developers over testing companies and law firms to operators, every necessary aspect can be considered in the interplay between the different parties. This premise has proven especially helpful in iGGBA's latest efforts liaising between industry and government to further the developments of the UK Gambling Bill.

Flaviano Foglio, CEO of Gambling Federation, comments the membership: "We are delighted to join the iGGBA, an organization dedicated to improve the gaming industry. We look forward in working together to ensure that the industry achieves its true potential."

Andrew Tottenham, chairman of iGGBA states: "I am delighted to add the Gambling Federation as a member of iGGBA which represents the ranks of the responsible companies who have chosen to work towards a sensible framework for regulation of the remote gambling industry in Great Britain and Europe".

> Read the full story here
Source : iGGBA.org.uk



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