• Sumo Wrestlers to Grudge It Out At GIGSE

River City Group is planning a charity fund-raiser for Wednesday, May 19 (4PM-5PM) at the Metro Toronto Convention Center, Exhibit Hall C, as part of the Global Interactive Gaming Summit & Expo. The proceeds of this year's inaugural event will be designated for the U.K-based not-for-profit organization GamCare. GamCare has a "commitment to promote responsible attitudes to gambling and to work for the provision of proper care for those who have been harmed by gambling dependency" (http://www.gamcare.org.uk). Organizers River City Group have pledged a US$1,000 donation to kick off the charity event. Sponsored by Golden Palace, the Sumo wrestling card will include 5 "grudge" matches between various I-gaming industry leaders who will use this forum to settle some rivalries. They will wear the rubber sumo wrestling costumes and compete in best of 3 match rounds for this charity event.

> Read the full story here Source : GamblingLinks.com

• Three Key Post-Flop Questions

I have been trying to think of a sport/activity in which it is worse to finish second than it is in poker. I finally came up with boxing, in which the guy that finishes second may be unconscious. But even then, the guy who finishes second gets paid. In poker the player who finishes second loses the most money. It seems very unfair, but it is a fact of poker life we all must contend with. So, while we don't talk about it much, it is frequently better to avoid finishing second than it is to finish first. You understand this goes against the American Dream, as characterized in thousands of movies. In the movies, a person struggles against overwhelming odds, hoping, persevering, remaining optimistic, and, in the last reel, coming out victorious. Applause. Curtain. Ah, but in real life, a struggle against overwhelming odds is not always rewarded. And in poker, it is downright foolhardy. Whistling a happy tune will not make your draw to a straight come any more often. [...]

> Read the full story here Source : WinnerOnline.com

• CryptoLogic More Than Doubles Q1 Profit To US$3.8M

TORONTO (CP) - CryptoLogic Inc., which makes software for Internet gambling, says its first-quarter profit more than doubled to $3.8 million US. For the quarter ended March 31, earnings rose to 28 cents a share, compared with $1.8 million US of 15 cents per share a year earlier, Toronto-based CryptoLogic reported Monday. Revenue soared to $15.2 million US from $8.9 million. The company reports in U.S. dollars. The first quarter "is typically one of the strongest seasons of the year for online gaming," CryptoLogic said in a release. "Record revenue and strong earnings were driven by robust growth in both the company's core casino business and new product offerings, coupled with increasing contribution from international markets." [...]

> Read the full story here Source : Canada.com

• Las Vegas Woman Wins $11.2 Million At Golden Nugget

LAS VEGAS, May 12 /PRNewswire-FirstCall/ -- A new world record for Wheel of Fortune® slot machines was set this afternoon when a local woman won $11.2 million on a Wheel of Fortune® dollar machine at the Golden Nugget in downtown Las Vegas. The winner, who asked to remain anonymous, was quoted as saying, "I am the happiest person in the world. This will make a wonderful life. We can do anything now." The previous world record for the Wheel of Fortune® was $10.7 million that was won in October 2003. After today's jackpot, the Nevada dollar system reset at $1 million. To win the top award, a player must wager the maximum $2 bet. Wheel of Fortune® dollars is an annuity game that is paid in 20 installments. [...]

> Read the full story here Source : Yahoo.com

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