Garden City Issues Advisory On Full Tilt Poker Payments (update)
Payments will flow to non-disputing players by end February this year, ending a three-year wait The Poker Players Alliance advisory earlier this week that owed Full Tilt Poker players will soon be hearing from administrator Garden City Group (see previous InfoPowa report) was followed Friday with a statement from the administrator advising players: "GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved the first round of payments. This distribution will include approximately
Genting Launch Crockfords Live Casino
Mayfair-based live casino studio Genting Alderney in collaboration with Comtrade Gaming has launched Crockfords Live Casino broadcasting from Mayfair and licenced by the UK Gambling Commission and Alderney Gambling Control Commission. gCore, Live Casino is based on Comtrade Gaming's Game Server technology and allows extensive customisation allowing Genting to successfully replicate online the "house rules", bet limits, dealing standards and player incentives for which it is known. Peter Nolan, Managing Director of Genting Alderney said, "It is very important for
Good Interactive Performance In I.g.t. Q1-2014 Results
Social gaming a star with revenues up 57 percent and an improved margin The American gambling supply and content developer International Game Technology has posted its fiscal Q1-2014 results, showcasing an impressive performance by the interactive division and highlighting: * Total revenues up 2 percent to $541 million * GAAP earnings per share increased by 29 percent to $0.31, althoughh adjusted eps lagged 11 percent at $0.25. * Strong social gaming performance with y-o-y revenues up 57 percent to $65
Guilty Pleas In 'loot In The Garden' Case
Multiple guilty pleas in online gambling bust that dates back to 2010 A 2010 federal bust for organising online gambling in New England is still creating headlines as a growing number of defendants in the case agree to a group guilty plea. Increasing the interest level in the case is the much-reported element where enforcement officials dug up the back yard of one defendant and found a million dollars in allegedly illegal proceeds from the gambling enterprise. Principal accuseds in
Huge Jackpot Hit On Net Entertainment Slot
Life changing sum for Betsson customer Guinness Record Book holder of the largest online jackpot payout, Net Entertainment's Mega Fortune, returned another life-changing jackpot of Euro 2.5 million to a Betsson customer earlier this month. "I am very pleased to see that Mega Fortune has delivered yet again, and we would like to extend our best wishes to the lucky winner, and Betsson," said Per Eriksson, president and chief executive officer of Net Entertainment. "Considering the high liquidity going through
Idaho A No-go For Internet Gambling
Opponents of further gambling expansion give advance notice of opposition to online gambling legalisation Concerns over land gambling company contributions to Idaho governor Butch Otter’s political campaign has spilled over into opposition to further gambling expansion in the state, and warnings that any attempt to legalise online gambling will be opposed. The Twin Falls Times-News reported over the weekend that gambling moguls Steve Wynn, Frank Fertitta III and his brother Lorenzo Fertitta contributed the maximum allowed under Idaho law to
Illegal Gambling Keeps Russian Cops Busy
61,000 illegal operations shut down since 2009 The Russian news agency RIA Novosti reports that since Russia banned gambling in all but four remote regions of the country in 2009, its enforcement officials have shut down 61,000 illegal operators, many in the Moscow area. The Russian Prosecutor General's Office released the statistics Wednesday, revealing that the owners of underground gambling parlours have been fined a total of 602 million rubles ($17.1 million), and police have confiscated over 796,000 slot machines
Illinois Online Horse Race Wagering Saved Again
Lawmakers approve an extension of online betting law in time to allow horse racing tracks to keep their racing schedules intact In Illinois the crisis around renewing a law to permit online horse race wagering has again been averted at the eleventh hour after state lawmakers approved an extension in time to allow horse racing tracks to keep their racing schedules intact for 2014. The publication KSDK reports that the renewal measure passed the Senate 47-4 on Wednesday after the
Indonesian Authorities Block Gambling Websites
Funds from gambling accounts to be confiscated Indonesian National Police General Sutarman said Wednesday that police have identified and blocked 146 online gambling accounts detected during routine monitoring. "All the gambling accounts were blocked and we are continuing to investigate. Of the total, 96 accounts were fictitious with some using fake addresses, while the remainder are unknown," Sutarman told attendees during a meeting at the House of Representatives' Commission III, which oversees legal affairs, in the capital city Jakarta. The
Influential Politician Opposed To Internet Gambling In Connecticut
More public debate required before any further expansion, says Hwang Connecticut state Representative Tony Hwang warned at the weekend that the expansion of gambling, and the possible legalisation of online gambling in the state, was a matter of concern for societal reasons and should be put on hold until full public engagement has been achieved. Rep. Hwang has influence in the state Legislature; He is the ranking member of the Government Administration and Elections Committee, which oversees Indian Tribal Compacts.