Online Casino and Gambling News: August 2008

Absolute Poker attempts to recover lost players after cheating scandal

Speculation that the business impact of recent cheating scandals at Tokwiro subsidiary Absolute Poker may have been considerable resurfaced this week as players reported receiving emails from the company offering to reopen their accounts.

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Playtech acquires MIXTV television technology firm for $1.75 million

London-listed online gambling software and games developer Playtech plc has made another acquisition, clinching a $1.75 million deal with Win Gaming Media Inc., to buy subsidiary MIXTV Limited, a provider of mass multiplayer (MMP) live gaming technology for use in interactive television and Internet applications.

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Spin3 offers top-up to create first mobile casino millionaire

Mobile gambling technology provider and Microgaming associate Spin3 has launched an innovative "top up" promotion that is being offered to the mobile player who hits the current Major Millions progressive jackpot before it tops a million.

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Canadian CS Casino player bags $235k jackpot

[inline:ragstoriches.jpg=Rags to Riches slot machine]A CS Casino (formerly Sands of the Caribbean Casino) online player Toronto in Canada is the latest recipient of progressive slot largesse from the popular Cryptologic-powered "Rags to Riches" game. The Canadian, a longtime CS Casino player, cashed for $235,853 this week on bets of a few dollars, collecting the reward after playing the game on a regular basis for some years.

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Weekly million pound "Man of the Match" game launched in the UK

Online football fans have the opportunity to win up to £1 million a week in a new Internet-based game branded Man of the Match launched this week by a UK company, working with PlasmaNet Inc., a US corporate responsible for FreeLotto which has 43 million members in 161 countries and has paid out over $82 million in prizes to winners.

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New Littlewoods Poker software offers private tournaments

The latest poker software technology from Wagerlogic, which makes it possible for players to set up their own private online tournaments, is being promoted vigorously by Littlewoods Poker.

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Swedish 3D graphics developer teams up with Net Entertainment

Gothenburg, Sweden-based 3D graphics technology firm Solidicon AB is to supply online gambling software provider Net Entertainment with the latest technology and other game components necessary to build high quality virtual racing games.

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Motley Fool says Gigamedia is a good bet

The current Motley Fool publication was looking at future investment Internet dream stocks this week, using criteria such as market caps of at least $100 million; three-year revenue growth rate of at least 15 percent; price-to-earnings ratios of less than 25 and gross margins of at least 50 percent.

And among the future winners emerging from its analysis was Grand Virtual and Everest Poker parent, the Taiwan group Gigamedia.

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Sun Bingo to relaunch on August 26

UK bingo players will see new websites and a fresh software when The Sun and News of the World newspapers relaunch the Sun Bingo and NotW Bingo operations on August 26, 2008.

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Platinum Play joins sister casino Royal Vegas on the mobile gambling market

Spin3, the Microgaming powered mobile gambling technology provider clearly got things right when it was engaged by the Fortune Lounge group last year to power the mobile operations of the group's online casino Royal Vegas - it has just been awarded the contract to bring sister casino Platinum Play onto the mobile scene as well.

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