• PWC Reports Bring Credibility To Online Casinos

Few businesses can boast a full-on professional review every month, but it's happening routinely at quality online casinos. Most online gamblers have seen the detailed monthly reports of percentage payouts for individual casinos, but many do not realise how valuable this information is, or how much time and professional care goes into its preparation. The pioneers of the process, called Total Gaming Transaction Review (TGTR)©, were multi-national professional services group PricewaterhouseCoopers (PwC) and turnkey software provider Microgaming. The process was subsequently adopted by other software providers such as Boss Media, Casino On Net and Cryptologic. The program is well named because it requires the independent collation and full analysis of all game transaction data, for all games on each casino and for all currencies. Rigorous validation and balance checks authenticate the data throughout the process. [...]

> Read the full story here Source : WinnerOnline.com

• Poker Hotting Up

Next week sees a flurry of activity on the tournament poker scene with six-figure sums on offer both in England and Spain. The Grosvenor Casino Walsall hosts the Blue Square Grand Prix - a unique event that has only become possible because of relaxations in the gaming regulations. Until a couple of years ago satellites - qualifying competitions for big buy-in events - were not very effective in boosting field sizes. The reason was that casinos had to offer the winners the option of taking the money rather than a seat in a tournament - and many of them took the cash. Now, however, the rules have changed and players take part in qualifiers knowing that they can only win a seat in a larger event. So the Grand Prix concept became possible. In the two months run-up to the final in Walsall on 6 and 7 September, seven Grosvenor card rooms in various parts of England have been running pounds 100 buy-in pot limit hold'em satellites. The top 15 per cent of the players in these qualify for the final. Re-buys, the opportunity to remain in the competition by paying an additional pounds 100, are allowed. [...]

> Read the full story here Source : ATEOnline.co.uk

• Florida Attorney Convicted In Major Internet Gambling Ring

David Hampton Tedder of Winter Park, Florida will no longer be working as an attorney. The 56-year old has been convicted of felony charges for his involvement in an offshore Internet gambling ring based in South America. He was sentenced to five years in prison Friday and fined more than $1 million by the U.S. District Court in Madison and convicted of four felony counts, besides forfeiting $2.8 million in laundered proceeds and sentenced to three years of supervised release post prison-term. The disgraced attorney was also banned from practicing law in 2001 when he was to resign his law license in California. [...]

> Read the full story here Source : OnlineCasinoNews.com

• G2E Gears For Its Third Year

September is only a few days away, and in the gaming industry, that can only mean one thing: It's time to pack your bags for Las Vegas. Global Gaming Expo (G2E), the leading trade show and conference for the worldwide gaming industry, will open its doors to the international gaming trade Sept. 16-18, with an additional day on September 15 devoted to the G2E Training & Development Institute, at the Las Vegas Convention Center. Featuring more than 750 exhibiting suppliers and 13,000 attendees from across the globe for 2003, G2E's four-day forum will provide all-inclusive industry access to the latest products, technologies and legislative developments impacting the industry in 2003 and beyond. Now in its third year, G2E has grown both in terms of floor space and educational opportunities. As AGA President and CEO Frank J. Fahrenkopf, Jr., noted at the end of last year's event, "Attendance figures for G2E 2002 increased more than 50 percent over the previous year, a reflection of the overall health of gaming entertainment. More importantly, these numbers continued to include the quality of attendee so important to promoting long-term business growth." [...]

> Read the full story here Source : IGamingNews.com

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