Is This The Biggest Ever Individual Poker Loss?

If you think Gus Hansen's reported $16 million in losses was bad, read on… Circus Circus founder, philanthropist, businessman and avid poker player Guy Laliberte has revealed some startling figures from his online and live poker adventures in an interview with the Journal de Montreal. Although the live tourney scene is now more his personal style, there was a time when Laliberte rode the crests and troughs of the high stakes online poker tables on the Full Tilt Poker site,

By Casinomeister May 9, 2014

Italian Victory In European Poker Tour Grand Final Main Event

Antonio Buonanno beats Jack Salter to claim Euro 1,240,000 first prize After almost 18 hours of fierce, competitive action, the final table of the Euro 10,600 buy-in 2014 European Poker Tour Grand Final main event in Monte Carlo produced a winner Friday, with Italian pro Antonio Buonanno claiming the main prize of Euro 1,240,000. 650 players entered for the event, generating a massive prize pool worth Euro 6.5 million, but by Thursday the field had been whittled down to Buonanno

By Casinomeister May 9, 2014

Ladbrokes General Counsel Leaves Company

Deputy takes over the role Jonathan Adelman, Ladbrokes' legal counsel and company secretary has left the company. He is succeeded by former deputy Annabel Bannerman who took over the role from April 2014. Adelman led two comprehensive reviews of Ladbrokes' external legal panels during his tenure. He reduced the number of external legal firms used by the UK bookmaker from "more than a hundred" to a core group of four and another eighteen firms who are used on a far

By Casinomeister May 9, 2014

Latest Gambling Participation Stats From The U.k.

Gambling Commission reports online wagering year-on-year showed a 1 percent decline The UK Gambling Commission's latest gambling participation review conducted by ICM Research over the four quarters ended shows that online wagering actually declined year-on-year by a percentage point. The main gambling channel for Brits remained the National Lottery (41 percent of respondents), although there has been a y-o-y 3 percent decrease in the number of players wagering. In a general gambling sense over the four week survey period, 56

By Casinomeister May 9, 2014

Macau Land Gambling Does It Again

April revenues up more than expected thanks to strong Chinese punter support The world's most consistently successfully land gambling enclave, Macau off the Chinese mainland, has again exceeded analyst expectations, delivering a 10.6 percent increase in revenues against analyst predictions of 6 to 8 percent. The Reuters news agency reports that casinos raked in 31.3 billion patacas ($3.9 billion) in gambling revenue in April thanks to strong spending by Chinese visitors. Macau earns the equivalent of Las Vegas' annual haul

By Casinomeister May 9, 2014

Malaysian Police Seize 325 Computers In Online Gambling Raids

March and April have been busy months police anti-online gambling task force During the March-April 2014 period Malaysian police in the city of Kota Kinabalu, Sabah province, arrested 33 people and seized 325 computers in a series of 18 raids on online gambling outlets, according to police spokesman Chief Assistant Commissioner Jauteh Dikun. He advised residents to set up safety and security committees to help police curb growing criminal activities in their neighbourhoods. Those arrested were aged between 18 and

By Casinomeister May 9, 2014

Modest Start For Nevada Online Poker Operator

South Point's Real Gaming in soft launch but plans to accelerate Real Gaming, a Nevada online poker joint venture between 20-something cyber-entrepreneur Lawrence Vaughan and land casino owner Michael Gaughan of South Point Casino, has approached the intrastate online poker market slowly and carefully, but plans to accelerate as the market grows. Lawrence, who is the CEO of Real Gaming, discussed the soft launch process in an interview with the publication Las Vegas Review Journal over the weekend, revealing his

By Casinomeister May 9, 2014

Money Laundering Virtually Impossible On U.s. Regulated Online Gambling Sites

Placing a blanket ban on US internet gambling ignores the efficacy of American-regulated sites The respected US gambling journalist Steve Ruddock says in an op-ed article published by the information site Online Poker Report that there is little if any incentive for money launderers to use properly regulated US online poker sites for their criminal activity. Ruddock debunks the much-hyped claims of Sheldon Adelson's Coalition to Stop Internet Gambling and other anti-online gambling activists that the genre is used by

By Casinomeister May 9, 2014

Nektan Launches Its White Label Mobile Casino Platform

Pioneer partner is Chomp mobile casino The Gibraltar-based mobile software and games developer Nektan has announced the launch of its Gibraltar-licensed proprietary mobile casino platform with Chomp Casino as its first member. The platform offers punters 14 slot games. Nektan chairman Gary Shaw says the company is in talks with a number of other prospective partners who plan to go live soon on the platform, which Nektan has spent the last year developing and testing. "We believe that our intuitive

By Casinomeister May 9, 2014

Net Entertainment Releases The Genie In New Slot

The Wish Master preview now available The latest online slot from the Swedish online gambling software developer Net Entertainment is a 5-reel, 20-line (fixed) game titled The Wish Master. With a backdrop based on the popular genie-in-a-lamp Aladdin theme, the new slot includes a themed main feature in which the Wish Master genie escapes from its lamp whenever a Scatter appears, activating an exciting feature that ranges from x2 or x3 multipliers, expanding and randomly positioned Wilds, Wild substitution for

By Casinomeister May 9, 2014

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