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• GAMBLING NEWS ARCHIVE (Dec, 6 - Dec, 13) Jackpots :


• Video Poker Offers Best Online Winning Potential
LONDON -- Video Poker, a game usually associated with nickel stakes at the casino's bar, has been given a technology makeover at InterCasino, allowing players to play 10 hands simultaneously. The multi-hand game offers players the advantage of holding their preferred cards from their first hand across the other nine, bringing the house edge down to 0.5% and offering the chance to win the kind of MEGA-jackpot normally reserved for progressive games.

InterCasino player KeyRock is one of the first players in the world to win a MEGA-jackpot on a non-progressive online casino game. After 30 minutes battling on InterCasino's Jacks or Better, the gambling gods laid the highest-possible hand, a spades suited royal flush (A,K,Q,J,10), on KeyRock's first hand's first round deal.

KeyRock simply held all five cards for a guaranteed Royal Flush across all ten hands. Betting $5 a hand on all 10 hands meant that KeyRock had just won a $20,000 a hand for the guaranteed total MEGA-jackpot win of $200,000 that entered him into that elite circle of poker aces that have pulled off Video Poker's "Perfect $200,000 Hand."

"It is an amazing thing to be dealt the 'Perfect $200,000 Hand.' It is the gambling equivalent to a surfer catching the perfect wave or a salesman landing that once-in-a-lifetime deal," said the jubilant InterCasino manager Ryan Hartley. "We are so happy for KeyRock and his 'Perfect $200,000 Hand' that I have decided to give-away $1,000 a day, at random to players in the casino, for the entire holiday season," proclaimed the magnanimous Hartley.

> Read the full story here
Source : InterCasino.com

• A Call To Action In The US Advertising Crisis
The ongoing Internet gambling advertising crisis in the United States was a hot topic at the Interactive Gambling and Entertainment forum in the Bahamas, a legal and tax conference that concluded this morning.

The matter has been a top concern for the I-gaming industry since the publicizing in September of subpoenas issued by a U.S. attorney in the Eastern District of Missouri to Web sites that carry advertisements for online gambling services. In short, the Department of Justice has told U.S. media outlets that running I-gaming ads is against the law; media outlets have responded by ending relationships with I-gaming clients, creating a panic in an industry that was already under siege.

Lawrence Walters, an attorney for Weston, Garrou & Dewitt, has been at the forefront and was on hand in the Bahamas to offer his assessment. Walters has contested all along that the government has no grounds to deny media outlets the right to carry advertising for online gambling services and reemphasized Monday that its actions amount to a "censorship campaign." [...]

> Read the full story here
Source : IGamingNews.com

• New Effort With Card Wins Little Credit
Park Place Entertainment Corp.'s latest marketing program -- a Caesars Entertainment-branded MasterCard -- debuted Monday with many credit officials and gaming foes attacking the bank-casino company partnerships.

The new MasterCard offers "comp" rewards to customers of Caesars, Bally's, Paris, Flamingo and Grand Casinos resorts that can be used to pay for hotel rooms, dining, show tickets, spa services, golf fees and other amenities at 15 casino resorts in Las Vegas, Atlantic City, the Mississippi Gulf Coast and other Park Place markets.

"We're not looking to make money from the card. We're looking to drive more trips," explained Steve Rosen, the company's senior vice president for marketing.

"How clever of them," said Durand Jacobs, a clinical professor of psychological and behavioral sciences at Loma Linda University Medical School in California.

> Read the full story here
Source : ReviewJournal.com

• World Poker Tour To Develop New WPT Satellite Events
LOS ANGELES--(BUSINESS WIRE)--Dec. 10, 2003-- As the WORLD POKER TOUR emerges as a smash hit on television and becomes the engine driving a huge increase in customers to poker rooms and casinos across the country, those not currently on the roster of WPT Tournament Member Casinos are asking how they can get in on the action.

The WPT now has an answer. The WPT and Lakes Entertainment, which owns 80% of the venture, have formalized a WPT Satellite program designed specifically to encourage casinos and online poker rooms to run low cost satellite events that will feed directly into the season-ending World Poker Tour Championship, April 19-23, 2004 at Bellagio, Las Vegas, where the total prize pool is estimated to reach over $5 million.

"Now that we have proven this successful formula works for our member casinos, we feel it is time to expand participation to other casinos in the poker industry," says Steve Lipscomb, founder and CEO. "By joining together we achieve many goals, not the least of which is the synergy that will enable casinos to improve the appeal of the game and draw a new generation of poker players." [...]

> Read the full story here
Source : Yahoo.com



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