Archive for the ‘strategy’ Category

Italian Gambling Companies Might Sue Malta Gaming Authority

Italian Gambling Companies Might Sue Malta Gaming Authority
Italian Gambling Companies Might Sue Malta Gaming AuthorityThe MGA never flagged any of the companies as possible money laundering instruments. According to the latest news published by Malta Today, the Malta Gaming Authority might be sued by Italian companies whose gaming licences have been suspended. The reason for the suspension of their licences is alleged ties to the Calabrian mafia, but the companies claim there is no enough hard evidence that support MGA’s decision. A total of six gaming licences have been suspended by the MGA after the Italian police cracked down the Calabrian mafia’s base on the sunny island of Malta. According to the information released by the authorities, the mafia had a network of online gambling companies that were supposedly involved in money laundering. The companies whose licences have been withdrawn are Teberal Trading, Teberal Holding, Fast Run Limited, Uniq Shopping, Uniq Group Limited and Betosloution4U Ltd. The major bust resulted with all the companies’ assets being seized. Furthermore, there have been other companies that were linked to the ‘Ndranghete betting network that also witnessed their gaming licences suspended. Three Companies Are Challenging the Decision of the MGA However, nothing would be so complicated unless three of the companies didn’t announce that they will fight the decision made by the MGA. Obviously, Betsolution4U, FenPlay and Uniq Group Limited believe that the authority shouldn’t suspend their licence and therefore they find it responsible for any damage they will suffer as a result of the withdrawal of their permission to offer remote gaming services. The lawyers of the companies made a threat that the Malta Gaming Authority will be sued for millions if the investigation for the alleged connections to the mafia is fruitless. The representatives for the companies are Mario de Marco and Gianella de Marco for FenPlay, Ian Refalo and Joe Giglio for Uniq Group Limited and Roberto Montalto for Betsolution4U. The companies claim that Malta, the island that has plans to establish a Gambling Academy, has rigorous due diligence checks and since no red flags were raised for them, the MGA shouldn’t have suspend their licence and harm their revenues. Betuniq Controlled 1,500 Betting and Gaming Agencies Used for Money Laundering The information supplied by those in charge of the investigation revealed that in July six Italians – Mario Gennaro, Francesco Ripepi, Margherita Giudetti, Alessandro Ciaffi, Fortunato Stracuzzi and Rocco Ripepi – ran a money laundering operation in Malta. This was done using a network of online gaming companies out of which the brand Betuniq was the main one. All six men have been extradited to Italy. The group leader is believed to be Mario Genaro who registered Betuniq in Malta and then controlled 1,500 betting and gaming agencies based all over Italy. The whole operation has been described by the Italian media as an economic power of gigantic proportions. Nevertheless, even though Gennaro has been already marked as a member of the infamous Tegano clan, the Malta Gaming Authority never flagged the Betuniq group as a money laundering company that helped funneling millions through the iGaming industry of the Island.

John Marchel – Indian strategy card

John Marchel – Indian strategy card
John Marchel – Indian strategy cardI was recently traveling in Washington State and stopped by an Indian casino to partake in some of their gaming. The state has two types of gambling; card rooms and Native American casinos. The card rooms have a variety of games, all dealing with playing cards. The Native American casinos have the full-blown Las Vegas-type games: blackjack, craps, roulette plus slot and video poker machines.I was traveling back to California so I didn’t stay too long. Before I finished playing I asked the pit boss for a deck of their cards and he gladly provided me with one. A short time later I opened the deck to see its make up. Sometimes Indian cards have unusual face or court cards. They will profile Indian chiefs in lieu of the standard jack, queen, king royal figures.What caught my attentions in this particulate deck was an extra card that displayed Basic Strategy for multi-deck blackjack. Comparing it with the blackjack strategy card from Instructional Services, found in many gift stores in Las Vegas, it had the same strategy.Looking back at my experience playing in that specific casino and seeing all the bad plays being made by my fellow players, I was surprised they played so poorly since the casino provided the knowledge on how to play blackjack correctly.However, those Washington patrons seemed to play their own “bad” way. In fact, at the few tables I played at, everyone except me, played the side bets each hand, and most took insurance every time the dealer showed an ace. Based on their play the casino was making a lot of extra money from these unskilled players! Each of those actions has a high house advantage and is a bad move on the part of players.The visit seemed to boil down to a simple concept: To bring blackjack close to an even game requires a two-step process. Number one, you need to obtain a strategy card, and in this case the casino provided it, and number two, the most important action — read the card!BET YOU DIDN’T KNOW• Many believe Edmond Hoyle (1672-1769) wrote the first book on card games. However, Charles Cotton published The Complete Gamester in 1674 in London. He laid out the rules and basic strategy for more than a dozen card games.• The computer tells us that blackjack dealers will break, on average, approximately 28 percent of the time. Basic strategy players, on the other hand, will bust only about 16 percent on average.• It was in March 1964 that Life magazine published a major nine-page article about Dr. Edward Thorp’s book “Beat The Dealer” and his work about blackjack strategy and card counting.• Larry Evans (1932-2010) was a rare individual who mastered both blackjack and chess strategy. He became an International Grandmaster and the U.S. State Department’s “Chess Ambassador.” He also used his refined memory to make extra dollars in casinos playing blackjack. Eventually, he was banned from all the casinos in Las Vegas and elsewhere.• Originally, baccarat in US casinos had a side bet that the Bank hand would receive a natural 8 or 9, with payout odds of 9 to 1. Edward Thorp, who popularized card counting at blackjack, used a counting system for the side bet at baccarat. When casino management discovered he was hitting the “natural” more often than normal, they dropped the optional side bet.• Washington State has only 29 Indian tribes, but they operate 33 casinos.Join John on his website at www.johnmarchelgamblingtips.comThis article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network’s managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net.

Table Trac Announces First Quarter 2015 Results

Table Trac Announces First Quarter 2015 Results
Table Trac Announces First Quarter 2015 Results[unable to retrieve full-text content]MINNETONKA, Minn., May 14, 2015 /PRNewswire/ – Table Trac, Inc. (OTCBB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, today announced financial results for its first quarter of 2015. For the…

Atlantic City Casino Introduces Internet Gambling Lounge

Atlantic City Casino Introduces Internet Gambling Lounge
Atlantic City Casino Introduces Internet Gambling Lounge Resorts Casino in Atlantic City open world’s first iGaming Lounge (Image: Resorts AC). Resorts Casino Hotel has added a unique internet gambling lounge to their establishment in Atlantic City, New Jersey, as they hope to help their regular customers embrace the prospect of online gaming. The Atlantic City’s oldest casino has clearly set the bar high for all United States gaming venues as they recognized the potential of remote gambling and made a real effort to persuade their land-based players into giving their online casino a go. Resorts owner Morris Bailey came up with the idea of creating the world’s first casino lounge that will cater for internet gamers, which opened just few days ago. The iGaming Lounge can accommodate around 100 customers who can use a selection of interactive tables designed to replicate the process of accessing the online website through home computers, tablets or smartphones. World’s First Online Gambling Lounge Features 22 Tables Featuring classy design and located next to the casino floor, the 1,000-square-foot chamber houses a total of 22 tables that will give the casino’s trusted customers an opportunity to get acquainted with Resorts’ online casino. Numerous casino personnel will be at hand to help the players create online gaming accounts and provide the tour of the website and its most important features. With online banking transactions proving a major obstacle to the growth of internet gambling in the United States, Resorts will allow the gamers to deposit funds into their online accounts through an online kiosk, thus getting rid of third-party electronic wallets and other online payment solutions that have failed to produce the desired results. Resorts Hopes to Bring Online Gaming Closer to Casino Players The main goal of the new strategy is to make long-time customers see Resorts online casino as a welcoming addition to the trusted land-based establishment and slowly migrate them to the internet platform which is designed to cut back operation costs and help the Atlantic City’s oldest casino keep its doors open for years to come. In case the iGaming Lounge proves a success among casino goers, other land-based casinos across the United States can be trusted to follow suit, seeing as the huge gaming market has yet to see considerable results of online gaming despite the undoubted potential to generate significant revenue.

Steve Tetreault – Gaming industry wants AG nominee questioned on illegal betting

Steve Tetreault – Gaming industry wants AG nominee questioned on illegal betting
Steve Tetreault – Gaming industry wants AG nominee questioned on illegal betting WASHINGTON, D.C. — The chief lobbyist for the casino industry is urging the Senate to explore Loretta Lynch’s views on illegal gambling before it votes on her nomination to become attorney general.Geoff Freeman, president and chief executive of the American Gaming Association, asked the leaders of the Senate Judiciary Committee in a letter Tuesday to add gambling, and particularly sports betting, to the list of topics to be discussed with Lynch at a confirmation hearing on Wednesday.”We urge you to make sure the next attorney general takes seriously the problem of illegal gambling across the country,” Freeman said in the letter to committee Chairman Sen. Charles Grassley, R-Iowa, and to Sen. Patrick Leahy of Vermont, its top Democrat.While Freeman has talked up the industry’s standing as a $240 billion enterprise, he also has stepped up a campaign against the billions of dollars that are wagered outside the law. The gaming association argues that illegal gambling masks money-laundering and other crimes, and robs states and local governments of tax revenue.The push comes in the wake of guidance last month by the Treasury Department’s Financial Crimes Enforcement Network that pressed casinos to take a bigger role in fighting illegal sports betting. It also comes as the casino industry is weighing a response to NBA Commissioner Adam Silver’s call for expanded — and federally regulated — sports betting.In a speech to the nation’s mayors last week Freeman estimated $3.8 billion will be wagered illegally on the Super Bowl — 38 times the amount that will be bet legally in Nevada sports books. Nevada, Oregon, Delaware and Montana are legally allowed to host sports betting operations, but Nevada is the only state that does so extensively.While many bets on the big game are cast in office pools and for relatively small sums, Freeman told the Senate committee leaders that “not every bet is innocuous.””We request that you keep in mind the important role of the Department of Justice in cracking down on illegal gambling activities across the country,” Freeman said.Lynch, 55, a North Carolina native and Harvard-educated lawyer, has served as U.S. attorney for the Eastern District of New York since 2010, overseeing federal prosecutions in Brooklyn, Queens, Long Island and Staten Island. She also served in that post from 1999 to 2001.One of the cases in which her office was involved, according to the FBI, was the 2012 indictment of 25 individuals in five states, including eight in Las Vegas, accused of having roles in an illegal sports gambling operation in Queens that brought in more than $50 million in profits over 18 months. Lynch oversaw asset forfeiture lawsuits against the defendants.The case, originally pursued by the district attorney’s office in Queens, later was taken over by Lynch’s office, which obtained a guilty plea to one charge of conspiracy from Michael Colbert, former director of risk management with Cantor Gaming, for his role in the scheme.Lynch is expected to face a broad range of questions in seeking confirmation to one of the most powerful Cabinet positions.Grassley has said he expects Lynch to be grilled on immigration-related issues including President Barack Obama’s executive orders to expand legalization for categories of undocumented residents. Many Republicans charge Obama overstepped his authority.But that will not be the sole test for the nominee. Other areas where Lynch could face questions include voting rights, local government abuse of civil forfeiture laws, the legal underpinnings for the war on terrorism, efforts by states to legalize marijuana, and civil rights and police brutality issues that exploded in Ferguson, Mo., and in New York City last year.Lynch might also be queried on Internet gambling, although no senator yet has announced an intention to do so.A 2011 Justice Department reinterpretation of federal law opened the way for states to consider legalizing online gaming. New Jersey and Delaware have approved casino gaming online while Nevada has approved only online poker.In response to the department’s reworked opinion of the Wire Act of 1961, Congress has hit an impasse whether to legalize online gaming and establish a federal system to regulate and tax it, or whether to ban it outright on moral grounds as urged by Sheldon Adelson, the billionaire chairman of Las Vegas Sands Corp.Sen. Lindsey Graham, R-S.C., who sponsored an Internet gaming ban in the last Congress, sits on the Senate Judiciary Committee and could bring it up with Lynch.Graham spokesman Kevin Bishop said the senator usually makes a “game time decision” whether to bring up a particular topic depending on what other senators are asking and how their questions are being answered.Copyright GamingWire. All rights reserved.

Rush Football 2 virtual sports casino game—INSPIRED GAMING

Rush Football 2 virtual sports casino game—INSPIRED GAMING
Rush Football 2 virtual sports casino game—INSPIRED GAMING Inspired, the leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, will be showcasing its new Virtual Football at ICE Totally Gaming (3rd – 5th February) on stand S2-310. The hotly anticipated Rush Football 2 boasts lifelike Ultra HD graphics and over 30 bet markets – resulting in a more exciting and premium player experience. An exclusive preview is available at: http://www.inspiredgaminggroup.com/content/rush-football-2 Joining an extensive portfolio of 11 sports and four numbers games, Rush Football 2 is created by Inspired’s award-winning team of designers and betting experts, combined with new insight from UK and International consumer research. Inspired’s new Virtual Football comes in a number of formats including single game and multi-game, allowing players to place accumulator and multiples bets across several virtual matches playing at the same time. A number of spin-off games are already in development including league/tournament formats and ‘quick-spin’ formats for mobile channels. Gerhard Burda, Acting Chief Product Officer at Inspired Gaming Group, comments: “Our Virtuals continue to drive incremental growth in venues, online and on mobile – and there is much demand for our new Rush Football 2 from both operators and players alike. We created Virtual Sports over a decade ago and our Virtual Football is universally the most popular game in its category.“The models and animations in the new release have been re-worked from scratch using brand new film-quality motion capture techniques. We are excited to be pushing the boundaries of innovation even further with this new addition to our portfolio and we look forward to presenting the product to new and existing customers at ICE 2015.”ICE delegates can also look forward to a host of new mobile games from Inspired, including social game We R Football and Inspired’s first free-play slots app – a free version of Inspired’s Goddess of the Amazon game. Inspired’s recent acquisition of the social games We R Football and I am Playr is demonstrative of Inspired’s commitment to mobile games and to creating new player segments and game categories specifically for mobile. Inspired will also launch two new VLT cabinets, Optimus and Inceptor – both of which are available on Inspired’s GSA compliant terminal platform, Core Connect. Optimus is a sleek, modern and customisable VLT cabinet, optimised for multiple market tiers. Inceptor is a cost-effective and versatile cabinet, designed for distributed VLT and lottery points of sale in emerging markets. Did you enjoy this article? Click here to subscribe to Casino Journal. 

Miami Club Casino Goes Mobile – 11-28-14

Miami Club Casino Goes Mobile – 11-28-14
Miami Club Casino Goes Mobile – 11-28-14 November 29 – Players looking for a new mobile gaming platform to try out should check out the latest mobile casino in the Deckmedia brand.One of this group’s most popular online casinos, Miami Club Casino has now gone mobile, offering players the chance to play all their favorite games from this site on their iOS, Android and Windows phone devices. The casino is also Safari and Chrome friendly. Miami Club Casino is also the first mobile casino in the Deckmedia brand to offer games by WGS technology. “As smartphone and tablet technology improves, it has been an ambition of ours to create a secure and stylish environment for players to enjoy their favourite casino games anywhere and everywhere,” noted the Miami Club casino manager Stephen Vaughan. “We wanted to ensure that our players would receive the best possible mobile and tablet casino experience, and we are delighted with the end product.” Mobile Games on Offer With plenty of mobile games on offer, players should be spoiled for choice. Slot games such as Amanda Panda and Funky Chicken are always hugely popular among desktop and mobile players, while table game fans will also find plenty of titles for the choosing. These include Vegas Strip Blackjack and more. Miami Club Mobile Casino will run regular casino tournaments – on a daily, weekly and monthly basis. Mobile Casino Welcome Bonus To encourage players to try out the new mobile casino under its brand portfolio, DeckMedia is offering new players at Miami Club Casino the chance to enjoy a generous 100% bonus on each of their first eight deposits, for a massive $800 welcome package. In addition, the VIP loyalty program ensures that a wide range of benefits is made available to players including reload bonuses and coupons to the value of $1,500. Players are invited to check out all the action at Miami Club Casino or its sister sites Sloto’Cash and Uptown Aces casino, both of which are also available for play on mobile and tablet. Related Gambling Articles:- New Festive Slots Tournament at Crazy Vegas Casino – 11-27-14- Comeon Casino Launches New Golden Ticket Slot – 11-12-14- Fighter Jet Flight Prize at Royal Vegas Casino – 11-07-14- Win Free Slots Spins at EuroCasino – 10-30-14

Follow casinos.ie for a safe and fair online casino

Follow casinos.ie for a safe and fair online casino
Follow casinos.ie for a safe and fair online casino [unable to retrieve full-text content]Irish online casino players or more to the point those that are considering becoming Irish online casino players can do a lot worse than to take a look at www.casinos.ie where there are some good descriptions of available online casinos as well as some helpful suggestions about several of the more popular casino games. There […]

Slots Jungle Online Casino First Deposit Bonuses

Slots Jungle Online Casino First Deposit Bonuses
Slots Jungle Online Casino First Deposit Bonuses Published: August 20, 2014 As an attraction to new players for signing up at the online casino, Slots Jungle has offered some special bonuses through its newsletter. These bonuses are applicable only on the first deposit made up till September 1. They have been given the name Jungle Island. Welcoming new players to Jungle Island, Slots Jungle online casino has made an extremely attractive offer. You will get a bonus of 300% on their first deposit without any qualifying minimum deposit. However, if the first deposit is at least $50, the bonus offer will be enhanced to 310% and you will be given 10 free spins on the popular video slot T-Rex. For high rollers making a deposit of at least $100, the bonus offer will be 350% of the deposit and 15 free spins on T-Rex. The bonus code for this offer is ISLAND and it can be redeemed only once. This offer does not end here. In case you lose the deposit wagering on the fantastic array of games at Slots Jungle online casino, you will be entitled to 50% cash back. You will need to contact the friendly and efficient customer support for this. Cash back will be awarded as a free chip either for slots or card games. The maximum limit for slots games is $500 and that for card games is $100. For any reason, if you do not like the above offer then you can choose from two others. There is a 250% bonus on a deposit of any amount only for online slots and card games. This bonus is redeemable four times. The other offer is a 150% bonus on a deposit of any amount only for roulette games. This bonus is also redeemable four times. Valid games for slots bonuses are all online slots, keno, scratch cards and bingo games. The wagering requirements are 30 times the deposit and the bonus. New players interested in signing up at Slots Jungle online casino and availing the bonuses should download the casino software for free. You can install it on your desktop or play instantly from your browser. You should then open your casino account, make a deposit and redeem whichever of the bonus offers that you like best. Slots Jungle online casino is powered by software from Realtime Gaming and is licensed in the online gambling jurisdiction of Curacao. T-Rex is one of the most popular video slots with a dinosaur theme. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Other Recent News

Gaming and Leisure Properties acquires The Meadows Racetrack and Casino

Gaming and Leisure Properties acquires The Meadows Racetrack and Casino
Gaming and Leisure Properties acquires The Meadows Racetrack and Casino Gaming and Leisure Properties has entered into an agreement to acquire The Meadows Racetrack and Casino located in Washington, Pa., a suburb of Pittsburgh, from Cannery Casino Resorts for $465 million. According to a company press release, the 180,000-square-foot casino, which opened in 2007, contains 3,317 slot machines, 61 table games and 14 poker tables. In addition to the casino, the property includes 11 casual and fine dining restaurants, bars and lounges, a 24?lane bowling alley and a 5/8 mile racetrack with a 500?seat grandstand. The purchase price, which the company intends to fund with a combination of equity and debt, represents approximately nine times the property’s 2013 EBITDA. The purchase price reflects the expected stability of market competition and the robust local economy resulting from Marcellus Shale?related industry. Gaming and Leisure Properties will immediately begin a search for a third party operator for the property, to whom the company expects to sell the entities holding the licenses and operating assets, while retaining ownership of the land and buildings. The transaction, which is expected to be accretive immediately upon closing, is subject to and requires approval from the Pennsylvania Gaming Control Board and the Pennsylvania Racing Commission and is expected to close in 2015. “The acquisition of The Meadows represents another step in the execution of our strategy to grow our company into the leading owner of high quality assets in key regional gaming markets,” said Peter M. Carlino, chairman and CEO of Gaming and Leisure Properties in a prepared statement. “This acquisition is a prime example of how we are uniquely able to tailor transactions to suit the specific needs of sellers. We look forward to partnering with one of the many quality operators in the gaming industry and believe that this acquisition creates meaningful additional value for our shareholders.” A new 154?room hotel, to be owned and operated by a third party operator, is currently under construction adjacent to the casino and is expected to open in 2015. In addition, a new, third party retail center is currently planned, and the property contains developable space for an indoor event venue.