Online Casino and Gambling News: July 2012

On Tuesday company officials from Full Tilt Poker's Dublin offices announced that an official deal has been reached between the beleaguered poker company, PokerStars, and the US Department of Justice.

Internet sportsbook Tipico has announced that it has signed a three year sponsorship deal with German Bundesliga football club Werner Bremen, offering the bookie advertising rights within the stadium as the team's "official sports betting provider".

Internet wagering software developer World Match has announced the release of its newest slot "Fruits Dimension".

Internet poker traffic monitor PokerScout is reporting that that online traffic dropped by 2.2% last week, a slight disappointment following weeks of modest gains in traffic.

Internet based mobile casino All Slots has announced the release of two new mobile games in "Deck the Halls" and "Loaded".

A lucky punter playing the Fair Tycoon video slot at WinADay Casino hit a progressive jackpot this week worth $161,577.

UK based gambling giant William Hill plc is reportedly set to challenge a possible new UK gambling law that would charge offshore wagering firms a point of consumption tax.

Many betting firms who were taking bets as to who would light the Olympic Torch at the 2012 London Olympic games have refunded those same bets, as several young athletes lit the touch.

The 2012 London Olympic games have gotten off to an overall positive start, but an allegation of Olympic athlete betting have set a bit of tarnish on the game's image thus far.

Late last week internet rumors began swirling regarding poker players finally being paid their funds by former online poker giant Full Tilt Poker.