Online Casino and Gambling News: August 2010

Aussie 888.com poker jackpot winner's name arouses suspicion

Intriguing the InfoPowa staff over the weekend was a report which appeared in online media announcing a big win for what it described as a "South Australian pub league poker player" on the 888.com poker website.

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New "Real Deal" games launched at Betfair Arcade

Online gambling group Betfair has added more variety to its internet casino games inventory with the launch of a new category of games branded Real Deal to the 'Arcade' section of the website.

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Importance of in-play betting prompts Ladbrokes to improve its offering

The recent football World Cup illustrated yet again how popular the concept of in-play betting is with a wide range of punters, with some companies reporting that as much as 65% of their betting action came in via in-play facilities.

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Slotland player hits $148,000 progressive jackpot

It has been a good week for progressive jackpots, starting with Go Casino's almost one million win for CatherineM and ending with news from Slotland that one of its regulars hit a $148,711 lucky spin.

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Californian wins $990,000 jackpot on Red, White and Win progressive slot

It has been an exciting week for Californian online player Catherine M, who hit a progressive jackpot at the Vegas Technology-powered Go Casino to win almost a million dollars. Catherine was playing the Red, White and Win progressive slot and hit the jackpot of $990,529.74 having staked $7.50.

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Nevada casinos report another drop in revenue in June

Nevada's state Gaming Control Board has reported on gambling revenues in the state over the month of June 2010, showcasing another depressing decline in revenues of 6.6%. The latest numbers push the overall decrease for this fiscal year so far to 4.3%, marking three consecutive years of revenues headed southwards - a new and unwanted record for the state.

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U.S. Republicans criticised for opposing legalised online gambling

This week respected publications Forbes and the LA Times commented on Congressman Barney Frank's bill HR 2267, which seeks to licence and regulate online gambling in the United States. Forbes suggested that the recent House Financial Services Committee vote approving the forward passage of HR2267, although bi-partisan, should have enjoyed more Republican support, given that political party's general mantra of lower taxes, smaller government and free markets.

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Sportingbet dismisses merger talk until U.S. legal situation is resolved

Jim Wilkinson, the financial director for British online gambling group Sportingbet plc, has opined that his company is unlikely to be a player in industry consolidation until it has agreed a settlement with United States authorities to protect it from the threat of prosecution for activities pre-UIGEA.

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Cryptologic reports Q2 results, CEO resigns

One of the industry's most respected and historically successful software developers, Cryptologic, has released another disappointing set of figures, at the same time announcing the resignation of chief executive officer Brian Hadfield.

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Federal grand jury delivers another Kansas City online gambling conviction

The Kansas City Star newspaper reports that Michael J. Lombardo (57), one of four men indicted by a grand jury for involvement in online gambling has entered a guilty plea.

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