Online Casino and Gambling News: October 2012

Michigan Man Used Ponzi Scheme Funds To Gamble Online

A Michigan man was sentenced to four years in a federal prison after pleading guilty to using funds generated in a Ponzi scheme to gamble online.

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Net Entertainment Releases Third Quarter 2012 Financials

Internet wagering software developer Net Entertainment has released its third quarter 2012 financial results, showcasing increased revenues for the period.

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Zynga And Bwin Form Online Gambling Partnership

Through its third quarter fiscal report social gaming giant Zynga revealed that it has partnered with Bwin.Party digital entertainment to form a real money online casino and poker destination, which is set to be operational by the first half of 2013.

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Jackpot Party Releases "Lancelot", "Star Trek" Slots

WMS proprietary online casino Jackpot Party has announced the release of its two newest video slots "Lancelot" and "Star Trek: Trek Through Time".

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Sheriff Gaming Releases Newest 3D Slot "Bugs"

Internet wagering software developer Sheriff Gaming has announced the release of its newest 3D Video slot "Bugs".

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Hollywood Poker Re-launches Its Website

US based internet poker start up Hollywood Poker has re-launched itself, giving players the chance to interact with celebrities on the site.

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European Gambling Predicted To Grow 15% Annually

Online gambling is expected to grow by about 15% annually through 2015, the European Commission reported on Tuesday. The growth rate is one of a batch of interesting statistics that may have been overshadowed by the Commission's action plan.

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Microgaming Inks Newest Operator Lucky247

Internet wagering software developer Microgaming has announced that it has signed a deal which will see it providing its online and mobile software to online casino operator Lucky247.

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European Commission Releases Online Gambling Action Plan

The Bloomberg News Agency is reporting that the European Commission has announced that it has released its action plan for online gambling in the European Union, focusing on fighting money laundering and promoting hotlines against corruption.

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Probability Plc Releases Third Quarter Trading Update

Mobile internet wagering software developer Probability plc has released a trading update for the third quarter 2012, highlighting revenues which were up 35.3% over the same period last year.

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