Tag Archive | "Online gambling"

Windy City Rules: Ruby Seven Studios In Business with Chicago’s 2 By 2 Gaming


Windy City Rules Ruby Seven Studios In Business with Chicagos 2 By 2 Gaming 300x246 Windy City Rules: Ruby Seven Studios In Business with Chicagos 2 By 2 Gaming The age of social casino gaming and online gambling has inspired numerous freshly-formed partnerships across the gaming world. And while many aren’t outside the realm of New Jersey, Delaware, and Nevada, in this particular instance Chicago is seeing some of the action.

Ruby Seven Studios has just announced a new partnership with Chicago-based casino content creator 2 By 2 Gaming.
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New Platform for Tracking Legal, Regulatory Issues in Online Gambling


New Platform for Tracking Legal Regulatory Issues in Online Gambling New Platform for Tracking Legal, Regulatory Issues in Online GamblingOn Monday, the team behind OnlineCasino.info confirmed that it will start using its news blog to track legal and regulatory issues that “affect the international online gambling industry.”

Using the .info domain extension, the recently launched website is primarily focused on providing informative updates on the internet gambling industry at large, including information on regulatory jurisdictions, casino games and online casino operators.

Company spokesperson, Nikolette Lewis, said in a provided statement that “OCinfo makes for the perfect outlet in providing realtime updates on the ever-changing landscape of online gambling regulation and legality.”
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Online Platform Begins Tracking Online Poker, Blackjack Tournaments


Online Platform Begins Tracking Online Poker Blackjack Tournaments Online Platform Begins Tracking Online Poker, Blackjack TournamentsThere’s a new place to turn for individuals (at least those residing in Europe) wanting to monitor popular online poker and blackjack tournaments.

Best of all, you won’t have to stray very far to do it.

Gambling.org’s online guide catering to all things online gambling — online.Gambling.org — is now tracking popular tournaments taking place within regulated European markets.
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Here’s What Happened This Week in mGaming


Here’s What Happened This Week in mGaming1 Here’s What Happened This Week in mGamingHere are some of the top stories in mobile and online gaming that we’ve been monitoring in recent days.

In an effort to capture much of the lost revenue from Atlantic City, New Jersey launched online gambling in November 2013. Many struggling Atlantic City casinos had high hopes that the addition of online gambling would keep them from closing their doors, but the results are not living up to the lofty initial expectations.

Churchill Downs invested $2.5 million into NLR Entertainment, owned by Nicholas Ribis, with the expectation that he would purchase the Showboat casino in Atlantic City. It goes without saying that the $2.5 million investment would have secured Churchill Downs a spot in the online casino world.

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32Red Says Mobile Adoption Increasing Across Online Gambling Space


32Red Says Mobile Adoption Increasing 32Red Says Mobile Adoption Increasing Across Online Gambling SpaceOn Wednesday, online casino company 32Red announced their detection of a spike in mobile casino gaming.

With revenues soaring, the firm has retained its full-year expectations after gross gaming revenues rose in its first-half and the number of mobile users almost doubled.

The European company confirmed that its total gross gaming revenues rose 19% in the first half of this year.
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Online, Brick and Mortar Casinos Continue to Create Many New Jobs


Online Brick and Mortar Casinos Continue to Create Many New Jobs 300x200 Online, Brick and Mortar Casinos Continue to Create Many New JobsIn the last 12 months, mGamingWatch has reported on multiple occasions about the growing number of employment opportunities that have emerged not only in markets where online gambling is legal (Nevada, New Jersey, and Delaware) but also across the domestic and global gaming industries.

This week, the American Gaming Association interjected itself into this debate to further corroborate the positive economic impact of a healthy, vibrant gaming climate.

American Gaming Association President and CEO Geoff Freeman issued the following statement after the Senate vote on the Bring Jobs Home Act.
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Is Online Gambling Really as Addictive as Suspected?


Is Online Gambling Really as Addictive as Suspected Is Online Gambling Really as Addictive as Suspected?One of the primary complaints among those who oppose online gambling is that it is drastically more addictive than live gambling at a physical casino, for example.

This assumption has prompted the Harvard Medical School’s Division on Addiction to partner with online gaming firm Bwin.Party Digital Entertainment to do an official study.

What was found is quite the contrary; online gambling is not more addictive. In fact, gamblers tend to play with greater frequency in live casinos and spend drastically more while there.

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Online Gambling: The Fastest Growing Industry in The European Union


Online Gambling The Fastest Growing Industry in The European Union Online Gambling: The Fastest Growing Industry in The European UnionNot only is online gambling the fastest growing industry in the European Union, but the U.K. represents a significant part of this new industry. For this reason, the Gambling Business Group (CalvinAyre reports) has been created to be “the voice” of the online gambling industry within the U.K.

The Gambling Business Group consists of 50 members who are key players within the gambling industry—this includes representatives from casinos, Bingo, Pub, FEC, and AGC.

Peter Hannibal is the Chief Executive Officer, and Nick Harding is the Chairman.

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Lawmakers Cracking Down on Bank Fraud Tied to Online, Mobile Gambling


The GOP Cracking Down On Bank Fraud 300x187 Lawmakers Cracking Down on Bank Fraud Tied to Online, Mobile GamblingThe Justice Department has launched a federal investigation, researching consumer bank fraud in regard to many banks and payment firms turning a blind eye to unauthorized transactions.

It goes without saying that consumers rely on banks and payment firms to put safeguards in place to identify illegally withdrawn funds. But in the case of payday lenders, online casinos, and gun dealers many banks are ignoring their safeguards for their own financial gain.

The investigation is titled “Operation Choke Point” and it comes in response to a high volume of complaints of bank fraud and funds begin withdrawn without permission, Pymnts.com reports.

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Churchill Downs Still Vying for a Spot in the World of Online Gambling


Churchill Downs Still Vying For A Spot In The World Of Online Gambling 300x300 Churchill Downs Still Vying for a Spot in the World of Online GamblingChurchill Downs invested $2.5 million into NLR Entertainment, owned by Nicholas Ribis, with the expectation that he would purchase the Showboat casino in Atlantic City. It goes without saying that the $2.5 million investment would have secured Churchill Downs a spot in the online casino world.

Aside from the investment to NLR Entertainment, Churchill Downs spent an additional $10 million developing the systems they required to receive online casino bets. This included bringing on an additional 50 employees to develop the software and gambling system. However Ribis did not purchase the Showboat casino as expected— and the two parties are now in an ongoing lawsuit.

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