• Golden Palace Raises the Bar With $5 Million Jackpot

ST. JOHNS, Antigua – (PRESS RELEASE) -- The biggest jackpot ever offered on an online casino slot machine is now available at Golden Palace, the #1 Internet Casino & Poker Room. Their new Five Million Dollar Slot Machine has been launched and players are already talking about it. The exciting new slot machine is an opportunity for players to literally become multi-millionaires in just one spin. "We've received tons of feedback from our players about our new jackpot slot," said Golden Palace CEO Richard Rowe. "They love the new $5,000,000 machine, because of the huge potential jackpot of course, but also because it has a unique twist that makes it more fun and interesting than a normal slot machine." All the reels on the new game have pictures of Golden Palace's wildly successful marketing campaigns such as the Virgin Mary Grilled Cheese Sandwich, Beckham Ball, Running of the Bulls with Dennis Rodman, and more. "In addition to the enormous jackpot, we wanted to make the game even more distinctive to Golden Palace," Rowe continued. "Since our campaigns have made headlines worldwide, we thought they would be perfect to brand this one-of-a-kind game." Established in 1997, Golden Palace is one of the pioneers of the online casino industry. Their software offers over 60 classic casino games, as well as the world's leading multi-player poker room.

> Read the full story here Source : Press Release

• US Has Until 04-2006 To Comply With WTO Internet Gambling Ruling

GENEVA (AFX) - The US has until April 2006 to comply with a ruling about US restrictions on cross-border gaming on the internet, the World Trade Organisation announced. In an arbitration decision, the global trade referee set the "reasonable period of time" for US to adapt its legislation in line with the ruling, which was issued in April this year after the tiny Caribbean state of Antigua and Barbuda brought the US before the 148-nation WTO. Antigua argued in the complaint it launched in March 2003 that US prohibitions were harming its online gaming business, which is aimed at reducing the island's economic dependence on tourism. Antigua is a centre for offshore internet gaming operations, attracting large numbers of US residents to its virtual casino-style games and betting services. US officials contended internet gambling is illegal if it involves activity on US soil, and have vowed to prosecute those involved in the practice. Both sides claimed victory in the dispute. In its ruling, the WTO accepted that prohibitions in some US states on cross-border gaming were valid and agreed with US' argument that some federal laws could "protect public morals or maintain public order." However, the appeals panel ruled that the US had not been able to show that US laws on horse-racing bets were applied equitably to foreign and domestic online betting suppliers, a key condition of global trade rules. Antigua has said it expects changes in US rules to unlock opportunities to advertise online gaming products on US Internet sites or media without the threat of legal action by authorities.

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

• I-Gaming Advertisers Face Canadian Cold Front

Advertising restrictions are nothing new for online gambling operators--especially those targeting North American players--but the latest crackdown places Canada on a battle front previously held firmly by the U.S. Department of Justice. In response to the recent barrage of dot-net promotional campaigns (in which online gambling operators draw players to their free-play sites), some in Canada are urging the government to impose a full ban on I-gaming ads on television. As is the case in the United States, Canadian broadcasters are enjoying an increase in ad revenues thanks to the influx of online gambling dot-net advertisers. The Criminal Code makes it illegal to advertise Internet gambling in Canada, but the dot-net ads are permissible because they are for "online services" instead of gambling operations; the play-money sites don't allow real gambling, but use e-mail to refer interested consumers to sites where they can actually gamble. Nearly all of the major players in the online poker industry, for example, have sponsored broadcasts of poker tournaments throughout Canada, gaining yet another entryway into homes across the country. The campaigns have been hugely successful, and now adversaries of I-gaming are calling for a ban on the free-play ads. [...]

> Read the full story here Source : iGamingNews.com

• GameAccount Launches Big Money Skill Gaming Tournament

August 18, 2005 (London, UK) – “SuperCash 2”, the world’s largest branded Hi-Lo Solitaire tournament begins today, hosted by leading online P2P and skill gaming provider GameAccount (www.gameaccount.com). The £20,000 / $36,000 / €30.000 / A$48,000 multicurrency cash pot will attract over 16,000 players from 130 countries to compete in 14 rounds of the popular card game Pyramid Panic. The unique tournament structure allows large numbers of players to participate, with minimum outlay and maximum chance of rewards. It costs only £2 to enter, you can re-enter as often as you like. The tournament offers bigger prizes with each round, paid out instantly and any player only needs to beat 14 opponents to win the Grand Prize. According to Meir Moses, Marketing Manager at GameAccount, the SuperCash tournament formula is proving popular across the gaming community, “Since our first successful SuperCash launch a month ago we’ve doubled the cash prizes available to players – who can’t get enough of the simple yet compelling game format. We see people winning prizes across the board and buying in again to build on previous instant winnings – hundreds of players walk away with several hundred dollars in total earnings. For many people there’s no real choice – the odds are always much better than choosing the lottery, casino or poker.” “We fully intend to make remote skill gaming the new poker, only more accessible and attractive to both the casual and the more serious gamer, whether male or female,” said Mr. Moses. “By the end of the year we plan to launch the first £100,000 skill gaming tournament, attracting not only our core players but also others who might want to try something new – and actually make some money.” For GameAccount, the Skill Gaming sector has been rapidly maturing in player size, revenues and cash prizes over the last 3 years; The company paid out over $2 million in cash winnings alone last month. The pioneering skill gaming provider has reported that next generation games and knockout tournaments are increasing average stakes and lifetime customer value and therefore greatly contributing to the booming online games market.

> Read the full story here Source : Press Release

• Neteller PLC Appointment And Investor Call Replay Details

NETELLER Plc today announces that Andrew Gilchrist, formerly an investment banker with Canaccord Capital (Europe) Limited, has joined the Company as Vice President, Corporate Development & Communications. Andrew will manage NETELLER's investor relations programme and will also use his widespread investment banking expertise to assist in corporate development initiatives for the NETELLER Group. Andrew was most recently a corporate financier with Canaccord, the Company's nominated adviser and broker, and has previously worked for Credit Lyonnais Securities, Bear Stearns and HSBC. Andrew qualified as a chartered accountant with KPMG in 1996.

> Read the full story here Source : iGamingBusiness.com

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