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• GAMBLING NEWS ARCHIVE (July 30 - August, 6) Jackpots :


• Player's Edge Online Magazine - Get Premiere Issue For Free!
Read the Premiere Issue of "Player's Edge" - covering the Online Gaming industry, courtesy of WinnerOnline.com.

This entertaining publication looks at the casino, poker and sports betting sectors, with advice, strategy, NFL picks, plus other great features, including Trivia Contests, Top 10 lists, Player's Edge Awards, and much more.

> Read the full story here
Source : WinnerOnline.com

• Gambling To Go Wireless In Nevada
CARSON CITY, Nev. - It won't be long before gamblers are shooting dice while queued up waiting to see their favorite comedian. Or playing poker and roulette under a poolside umbrella. Even a trip to the buffet will no longer keep casino patrons from playing slots. A law signed last month by Gov. Kenny Guinn made Nevada the first U.S. state to approve the use of wireless, handheld gambling devices at its hotel-casinos.

It's a small step forward for casino companies aching to offer Internet-based gambling who are watching offshore competitors reap huge profits from a business that federal law bars them from entering.

"I think every major casino company wants to get into online gaming but without access to the U.S. market it becomes a costly venture," said Deutsche Bank gambling analyst Marc Falcone. [...]

> Read the full story here
Source : MSN.com

• Monte Carlo Millions Poker Tournament Guarantees $3M Prize Pool
LAS VEGAS, July 6, 2005 (PRIMEZONE) -- The Prima Network, the world's largest online poker network, has guaranteed the largest prize pool in European poker tournament history. Monte Carlo Millions, the world's most exclusive poker tournament, will offer a $3 million prize pool with $1 million designated for the champion. Last year's Monte Carlo Millions is currently broadcasting on Poker Zone TV -- Sky Channel 226 in Europe and Kanal5 in Sweden and Denmark. Additional broadcast partners in the U.S., Canada and Australia will be announced shortly.

Only poker's best and brightest players will fill the 120 seats available at the luxurious Sporting d'Hiver in Monte Carlo, Monaco from November 20-23. The tournament attracts top professional, celebrity and online players from around the world by bringing together the enchantment of the French Riviera, the extravagance of Monte-Carlo and the excitement of poker. In 2004, the Monte Carlo Millions played host to such poker idols as Phil Ivey, Howard Lederer, Dave Ulliot, Chris Ferguson, Phil Laak, Tony Bloom, Mel Judah, and The Hendon Mob.

Seats at the Monte Carlo Millions are acquired in only one of two ways: by personal invitation from world-renowned Tournament Director, Matt Savage, or by winning a satellite tournament. The online tournaments are available now on Prima's network of card rooms through www.montecarlomillions.com. Monte Carlo Millions satellite winners are treated like royalty with a $30,000 package including round-trip airfare for two to Monte Carlo, a five-night stay at the exclusive Hotel Hermitage and the $25,000 buy-in to the Monte Carlo Millions tournament. The tournament, a cross between the World Series of Poker(r) and "Lifestyles of the Rich and Famous," will be broadcast on top sports networks around the world.

"There is nothing comparable to playing poker in Monte Carlo," said Tournament Director Matt Savage. "Monte Carlo Millions puts you eye-to-eye with the best players in the world, competing for the biggest prize pool in the most luxurious and exciting setting in Europe. It's everything you ever dreamed poker could be, and more."

Amidst the action of the Monte Carlo Millions will be the Second Annual Transatlantic Poker Cup, where some of Europe's finest players will square off in a heads-up poker tournament against America's best. Last year the Americans trounced the undefeated Hendon Mob, 3-1, but the battle for one's country and the coveted Cup will continue again this year in Monaco.

Savage will also host the Consolation Tournament, giving all players who have not made the Monte Carlo Million's final table a chance at a prize pool in excess of $250,000, guaranteeing everyone a cash prize. Go to www.montecarlomillions.com for more information and to access satellites to win your seat online.

> Read the full story here
Source : Press Release

• InterCasino Proves There's Over A Million Reasons To Play
July 29, 2005 (London, UK) – Sometimes when you number’s up, it’s up. And it certainly came up in a big way at 11h10 on the July 27th for new millionaire Richard R., the lucky winner of a staggering $1,067,836.00 on the Millionaires Club Slot game. This winning game, developed by Cryptologic the largest publicly listed gaming company, is found on the industry leader site, InterCasino. The payout is one of the largest in the history of online gaming and the biggest to date awarded by InterCasino which, unlike most other online casinos, always immediately pays out in full. A practice appreciated by their thousands of regular players who value a land-based gaming feel while playing online.

“All I can say is “Yeah Baby! I still can’t believe this is real,” said the grateful 49 year-old winner who has been an InterCasino regular for the past two years. “I have watched this jackpot for a while and every time I logged in I would see if some lucky person won it. I can’t believe I turned out to be that person.” When asked about his online gaming philosophy he was quick to reply, “Play, play, play! These are not just “dream” games. Someone is going to win and it might as well be you. It just takes that one lucky click of the mouse.”

The enormous jackpot comes on the heels of yet another huge payout from the world’s oldest and most awarded online gaming site. InterCasino regular, Ronald B, went from “Rags to Riches” when he recently hit it big with the Rags to Riches Progressive Jackpot which brought him the $162,080.86 windfall. “At first I didn’t believe it. I kept thinking it was going to stop,” said the lucky winner to Casino Manager Ryan Hartley. “All I can say is that it was very tough going into work on Monday morning.”

Reached in his London office, the InterCasino Manager Ryan Hartley, says, “This is what it’s all about for us. To be able to offer these types of payouts is a real thrill. The whole office cheered and clapped when the $1,067,836 jackpot was won. Our goal is for all our players to experience the excitement of hitting the progressive slots, their number in craps or roulette, a blackjack or any of the other winning combinations that make play at InterCasino so much fun and so rewarding.

InterCasino has recently launched its new software, Version 7, which includes a host of new games. New to the software are two scratchcards as well as 12 new slots games. Included in the new slots is the progressive jackpot, Mr. Rich, plus brand new 20 line slots with themes to suit the avid player. InterCasino has paid out over $3 Billion in customer winnings since its inception in 1996 and is proud to have been awarded the “2005 Top Online Casino” by leading industry magazine Casino Player, the fifth year of receiving independent casino awards for “Top Online Casino”.

> Read the full story here
Source : Press Release


• Float Would Pay 888.com Chief $60M
THE chief executive of Cassava Enterprises, the Gibraltar-based internet gambling operator behind 888.com, looks set to pocket up to $60 million (£35 million) when the company floats on the London Stock Exchange as early as next month.

The disclosure will re-ignite the issue of corporate rewards in the gambling industry after the huge payouts to the board of PartyGaming, the world’s biggest internet poker company, when it floated in London at the end of June. John Anderson, who also runs Burford, the property group, is understood to be sitting on a potential stake of as much as 4 per cent in Cassava when it pursues an initial public offering (IPO).

The IPO, which analysts believe could take place as early as next month, is expected to value the company at more than $1.5 billion (£850 million). It is tipped to deliver earnings before interest, tax, depreciation and amortisation (ebitda) of about $70 million this year. Cassava recently appointed HSBC to advise on its strategic options and the success of PartyGaming’s recent £4.64 billion IPO is expected to provide the impetus for the company to take the same route.

The PartyGaming listing crystallised a £50 million-plus paper fortune for Richard Segal, its chief executive, while even the non-executive directors shared several million pounds. [...]

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


• AOL UK And Bingos.co.uk Bring Bingo Online
Internet bingo solutions company, Parlay Entertainment, has formed a partnership with AOL UK to launch its own AOL Bingo, on www.bingos.co.uk. Bingos, which runs the site founded in 2004, has strong links with Parlay and is very confident that AOL’s involvement will have a positive effect on its business.

“The relationship with AOL UK further enhances Bingos’ reputation as an honest, exciting and trustworthy place to play bingo online,” explained Enrique Dubois of Bingos.co.uk.

Richard Marsh, senior games editor, AOL UK said: “We already have a large, vibrant game playing community, and our partnership with Bingos will add another compelling layer to our Games channel. This is particularly true for our female audience, who value strong community tools, a safe environment to play and ease of use - all the things that place Bingos at the forefront of online bingo.”

To access AOL Bingo you must be over 18 and a registered AOL member and can be found via the Games Channel on AOL UK.

> Read the full story here
Source : iGamingBusiness.com


• Online Casino Promoter Reports Big Profits
>Online casino promoter, Empire Online has posted details of a massive rise in its profits for the first half of the financial year, anticipating that 2005 will be “a landmark year”. The company is also planning to acquire further businesses in the coming months.

The promoter, whose customers include PartyGaming and 888.com disclosed that it made record profits of £14.4 million in the first six months of 2005, a rise of over 87 per cent. The company attributed its soaring revenues to the rising interest in online gambling, prompting the firm to buy out two online gaming sites, Club Dice and Noble Poker.

The popularity of televised events such as All Star Poker Challenge have been accredited with fuelling the demand for online casinos, Empire Online has noted a rise in its customer to a staggering 126,507. The industry as a whole is forecasting rises in the region of 40 per cent per year in the next few years to over £3 billion by 2009.

> Read the full story here
Source : OnlineCasinoNews.com



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