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In December 2008, Anurag Dikshit, the 37 year old, self-made billionaire and co-founder of the world's biggest online gaming company, PartyGaming, was fined $300 million for a US online betting charge. Dikshit Sells Up Following investigation by the US Justice Department and a guilty plea, Dikshit commented, "I have taken full responsibility for my actions". Dikshit, recently quoted as saying he wants to, "move away from the industry and PartyGaming", has just sold two thirds of his 28% cut in the online casino giant, which equates to 19% of the company. With the sale purported to have amassed him over $300 million, he has stated that he plans to offload his remaining 9% shares over the coming months. Known for his philanthropic tendencies, Dikshit is donating his full profits to the Kusuma Trust, an organization he founded that provides welfare support and educational opportunities to at-risk children in Gibraltar, India and the UK. Short and Long Term Repercussions The co-founder's move was not without repercussions; PartyGaming stock dropped more than 16% in just a few hours. However, PartyGaming is a strong contender and analysts feel that, long term, the sale may be beneficial for them by increasing the free float and consequently broadening their investor base. This may ultimately help them to re-enter the US market in the future. Despite the guilty plea, fine and Mr. Dikshit's intentions, he could still to be sentenced for to up to two years in jail in 2010.
Online poker room Full Tilt has released two new features in its latest software update - Run It Twice and Cashout Tournaments. The Run It Twice feature allows ring game players the option of seeing two outcomes for one hand, providing both players consent to it. The feature can be enabled when one or both of the remaining two players are all in: the remaining community cards are dealt twice, meaning the winner of each of the two outcomes wins half of the prize pool. The feature has become popular through poker television programs such as NBC's Poker After Dark and GSN's High Stakes Poker. The Cashout tournament gives players more flexibility as it allows them to cash out some or all of their chips before the end of a tournament. Everything else about the tournament remains the same. Meanwhile, Full Tilt's latest promotion has seen it offer to match part of poker professional Phil Ivey's winnings at the World Series of Poker Main Event. Members can play cash games at Full Tilt to enter a raffle where the major prize is for a seat at a tournament named 5 percent piece of Ivey. The prize for that tournament will be based on how Ivey goes at the final table at the WSOP tournament. Ivey is one of the favorites to beat his eight opponents at the final table and win the $8.5 million Main Event, which begins November 7 in Las Vegas.
Here a new casino game. There a new casino. October is an exciting time for online gambling, as winter is expected to be even more so. Online Gambling's Strong Quarter Third quarter reports by PartyGaming show sales are down a bit, so why is the gambling company optimistic? Perhaps it's the traditionally high season of winter, when players tend to stay indoors and on their computers. Online Poker Tournaments Winter is also high season for online poker tournaments. Watch the video and find out all about the Full Tilt Online Poker Series, which kicks off on November 4th through the Main Event on Sunday, November 15th. Grand Slam Slots Final Tournament Two Online Casino Reports players have won passes on My Gold Ticket to the Grand Slam of Slots Final Tournament! You too can buy into the finals by visiting and signing up to JackpotCity Casino. Casino's Great Welcome Offer UK Casino Club was recently re-introduced with a great new platform, featuring some slick videos and over 340 casino games. Visit UKCasinoClub for one of the industry's biggest welcome bonuses - a $700 sign up offer. Card Climber - Higher or Lower Card Climber is a multi level, ‘higher or lower' card game. The player predicts the next card drawn - higher or lower. Guessing right advances the player to the next card. Complete a row and win a prize, or risk it on completing the next level. Advance through the levels and win bigger prizes and money bonus games. Card Climber can be found exclusively at Royal Vegas Casino. More Visit Las Vegas Casino for a $400 Welcome Bonus and a shout out to our friends for airing gambling videos for 3 years and running. We're talking, of course, about the APCW's J Todd.
The net has a place for everyone and it's not just punters who feel the urge to mingle with their peers. Affiliates can find many forums which represent them and their industry, giving them an outlet to celebrate, vent or just act as a sounding board. Here are a few samples of affiliate forums. 1. Casino Affiliate Programs has a great category on affiliate polls. One poll asked the most important quality for affiliate programs. Answers ranged from good bonuses, prompt payment, great banners on the latest news and (good quality) reporting software. 2. The GPWA had discussions on affiliate program terms and conditions. The poll on this site asked affiliates if they checked out the player terms and conditions before promoting a site. 10 out the 13 responses were positive. 3. Online Casino Reports is a resource and popular destination for gambling industry insiders to catch up with news, deals and also the discussions on its forum. 4. Gambling Industry Association - a mixture of topics covering the joys, trials and tribulations of working in the industry and which serve as a channel for affiliates to do some peer bonding. 5. Bonus Paradise - this affiliates forum was used as a channel to promote various affiliate programs. Affiliate forums are a great place to swap tips, find out information and network within the industry.
Casino Las Vegas is keeping players on their toes by hitting them once again with a dazzling array of new, state-of-the-art online slots games. Las Vegas' six new slots and one 3D roulette game incorporate crystal-clear, themed graphics and music, generous bonuses, and attractive multipliers. The eclectic mix of background settings, including one in "Ancient Rome" and even a "Thai Paradise," makes for an exhilarating slot gaming experience. Fantasy Slots - Real Jackpots Casino Las Vegas clearly sets out to transport players to a fantasy world of their choice, while providing a real-life jackpot experience. Players escape to the realm of Russian and Irish folklore and fairytales, seduction and romance, the power of Ancient Rome or an exotic paradise location. A jackpot win, however, quickly brings them back to reality, as fountains of coins burst onto the screen, just as coins gush from a conventional slot machine. Whether players opt for a 5 reel, 15 line game or to 5 reel, 30 line game, they can win free spins and high multipliers. "Irish Luck" players could win 10,000x their line bet by landing five Irish redheads in one spin. Three Cherry Scatter symbols in one spin on "Cherry Love" will result in 15 free games with x2 multipliers. A jackpot of 250x the total bet is up for grabs on the Russian-themed "Skazka." 3D Roulette Casino Las Vegas offers more than just slots. The cutting edge graphics and sound in its new 3D roulette lend the game such a realistic feel that a player could be forgiven for thinking he was on a real-world casino floor. Players can also choose to make standard or race-track bets. Keeping up with the pace is clearly the challenge for Las Vegas clients - are you up to it?
Microgaming has long been a market leader in innovative gaming solutions to online casinos. And now they have developed the industry's largest online jackpot game ever - the Grand Slam of Slots Tournament. How it works Players are lining up to hit jackpot heaven with this - the biggest ever jackpot slots tournament in the history of online gaming. The winner becomes a millionaire overnight. Now this big event visits Vegas Partner Lounge, with several leading online casinos hosting this big event. Casinos such as Sun Vegas Casino, Crazy Vegas Casino and Golden Riviera Casino will be playing their part to hype up the tournament and bring in the players. With €1.3 million up for grabs and a cool €1 million going to the winner - this tournament is red hot. Players need the daily freeroll tickets - that's where the online casinos come into play. Not a moment to lose Players need to download one of the casinos and register a real money account. The qualifiers will come to an end and then 9,000 players will advance to the Grand Slam of Slots. There they will stand a 1 in 20 chance of bigger winnings. Tomb Raider, Secret of the Sword Microgaming's top-tier game - Tomb Raider - will play host to the finals on November 2. The tournament continues from its rollicking start on 22 October and is fast gaining momentum. All players will receive 9,000 starting credits and an hour in which to rack up the most winnings with unlimited re-buys allowed at €20 each time. First place wins €1 million, second place receives €50,000 and the remaining 480 players will be rewarded with between €100 and €25,000.
The New York Yankees are still firm favorites to win their 27th Major League Baseball title, despite still needing to overcome the Los Angeles Angels of Anaheim to secure a place against Philadelphia in the championship decider. The Yankees, who lead the Angels 3-2 in their American League Championship series, are an 8/13 Ladbrokes favorite to eventually claim the title, ahead of the defending champion Phillies, who are 6/4, and the Angels, who are an unlikely 11/1. Unsurprisingly, the Yankees are near unbackable favorites to oust the Angels, with 10/19 odds of wrapping it up in game 6 at Yankee Stadium, being played Sunday night after a postponement due to rain. The Angels are 33/20 to send the game into a seventh and deciding match, and 6/1 to go on and beat the Yankees for a place in the World Series. The odds are similar at most other major bookmakers, with William Hill also offering 6/1 odds on the Angels winning the American League, but giving even more generous 12/1 odds on them winning the World Series. The Yankees are 4/7 at William Hill to win the World Series, while the Phillies are 6/4. For those looking for betting options of a slightly different type, William Hill is offering 11/1 odds on a Grand Slam home run being hit in game 6 of the Yankees-Angels series. For the baseball uninitiated, a Grand Slam is a home run hit when all bases are already occupied, worth a valuable four runs to the batting team. William Hill also offer a $25 Free Bet with opening an account.
Australia could be on the way to fully legalizing online gambling after the release of a draft report on Friday by the federal government's independent advisory board for microeconomic reform. The report, produced by the Australian Productivity Commission, supports the managed reform of online gambling in the country. Although it is just a recommendation, the commission's reports traditionally have a big influence on the federal government. For more on Australian online gambling, visit Online Casino Reports Australia The draft report is more than 600 pages long, and took into account submissions by 264 organizations, but the recommendation on online gambling reform can be summarized by the statement: "The Australian Government should repeal the Interactive Gambling Act, and in consultation with state and territory governments, should initiate a process for the managed liberalization of online gaming." The Interactive Gambling Act, which was passed by the federal government in 2001, made it illegal for companies to offer online gambling in Australia, although it did not ban Australian citizens from playing on those sites, meaning that many Australians still play at online poker and gambling sites without being prosecuted. As expected, the report sparked plenty of opposition from prominent anti-gambling activists, including Senator for South Australia Nick Xenophon and Reverend Tim Costello. After criticizing the report's recommendations, the two both called for the introduction of a system similar to that used in Norway in which a person's gambling losses are capped at $485 a month.
The defending champion Los Angeles Lakers head into the new season as title favorites, but any of eight teams could challenge for the championship if the betting odds are to be believed. The Lakers, who are currently paying 9/4 for the championship at William Hill, will be a fearsome prospect for opponents this season after signing renowned but volatile small forward Ron Artest to the team that beat the Orlando Magic in five games for last year's NBA title. Start the season at William Hill and receive a Free $25 bet. The Magic and two other Eastern rivals - the Cleveland Cavaliers and Boston Celtics - will resume their fierce rivalry from last year to try and keep up with the Lakers. Lebron James' Cavs, who won an NBA-best 66 games in the regular season last year before being upset by the Magic in the Conference finals, are the second favorite for this year's championship, at 10/3. The seventeen-time champion Celtics are 9/2, while the Magic are 10/1. But as any NBA fan knows, the West has the most depth and that is expected to continue this season as it boasts the next four contenders in the William Hill betting odds. San Antonio, 12/1, Denver, 14/1, Portland, 20/1, and Utah 20/1 are all expected to make the Lakers work hard for a shot at the title. Ladbrokes is offering specials on where certain teams will finish within their divisions, with the most interesting odds concerning the teams in the competitive Northwest Division, home to Denver, Portland and Utah. Denver are 6/5, Portland 6/4, and Utah 3/1 to take out the division, but bets can be placed on each team's exact finishing positions, meaning punters can place all three teams in the order they think they will finish. The NBA season tips off on Tuesday.
A curvy brunette, a slinky black bikini, a large bouncy ball and a room full of balloons - typical elements of any lobbying campaign, right? Well, maybe not. But then, right2bet is no typical reform-pushing group. While collecting signatures in support of trading freedom for EU online gambling companies, right2bet offers optional spice when signing your name on the dotted line. Yes - it's gorgeous girls in bikinis. In fact, right2bet would like you to sign your name on - yes, that's on - stunning British glamour model, Katie Marie. You can laugh, but the sprinkling of sex appeal, alongside the important cause, is having the desired effect. right2bet has just passed the 10,000 signatures threshold, and hopes to hit one million. Get Naked For a little fun, go to right2bet and look for the naked lady behind the "the naked petition" banner at the bottom of the page. Click here and Katie Marie's slim figure and bikini-clad curves will soon fill your computer screen. Her impassioned call for freedom for Europe's online gamblers - enclosed in pink speech bubbles - can't fail to impress. As she sways her hips to a catchy tune, Katie Marie invites you to make your mark on your favorite part of her body. A simple click of the mouse is required, and you'll be "rewarded" with a "bouncy video." Yes, that's Katie Marie, bouncing around, in a bikini, on a space hopper. You also get a photo of her signed body part sent to your email address. The more friends you invite to sign up, the more you see of Katie Marie. We don't want to give away too much, but balloons, streamers and more bouncing is involved. What more do you need to stir your outrage at the EU's hypocritical attitude to online gaming? Sign up!
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