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2011 August | Casinovas

Archive for August, 2011

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RIVAL GAMING LAUNCHES BINGO SOFTWARE

The online gambling software developer and turnkey provider Rival Gaming has informed affiliates that it is to launch its new internet bingo product to licensees this week.

The new instant bingo software features:

Full Story: RIVAL GAMING LAUNCHES BINGO SOFTWARE

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NEW FULL TILT POKER STATEMENT

The fragmented and at times seemingly uncoordinated Full Tilt Poker public communications system coughed out another statement Tuesday, this time to Forbes business magazine blaming a theft at e-cash processor level and US enforcement for its trials and tribulations.

The company does not appear to have a centrally organised and coherent communications strategy, with lawyers giving 'exclusive' interviews to selected publications, ad hoc statements to individual publications …

Full Story: NEW FULL TILT POKER STATEMENT

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TONYBET SHIRT LOGO NIXED FOR EUROBASKET 2011

TonyBet, a Lithuanian sportsbetting operation owned by professional poker player Tony G and chief sponsor of the Lithuanian basketball federation will not have its logo emblazoned on team shirts for EuroBasket 2011.

The company reportedly paid "a hefty amount" (apparently a sizeable chunk of the Euro 500 000 needed to purchase a wild-card entry for the FIBA World Championship held in Turkey), to become the team's official sponsor.

Full Story: TONYBET SHIRT LOGO NIXED FOR EUROBASKET 2011

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AMAYA GAMING RELEASES Q2 RESULTS

Amaya Gaming, the Montreal-based onloine gambling group that acquired Chartwell Technology earlier this year (see previous report) has released its second quarter 2011 report.

Financial results for the quarter, which ended June 30 2011, showed revenues of Cdn$3.77 million for the second quarter of 2011, an increase of Cdn$2.76 million or 275 percent compared to Cdn$1.01 million of revenues in the second quarter of 2010.

Full Story: AMAYA GAMING RELEASES Q2 RESULTS

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REDBET POSTS Q2 LOSS

Swedish online gambling operator Redbet Holding AB has posted second quarter losses of SEK1.6 million for the period ended June 30 2011

âEUR¢ Operating revenues amounted to SEK15.4 million (SEK16.5 million in Q2-2010), a decrease of 6.7 percent compared with the same period last year, and a decline of 10.4 percent compared with Q1-2011.

Full Story: REDBET POSTS Q2 LOSS

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LATEST RESULTS FROM BWIN.PARTY

The Bwin.party digital online gambling group released its H1-2011 figures this week, reporting:

- Pro forma total revenue down 3 percent to Euro 398 million, primarily due to competitive pressures in poker, the closure of French internet casino operations and the 2010 FIFA World Cup. However, actual total revenue was up 51 percent to Euro 273.1 million.

Full Story: LATEST RESULTS FROM BWIN.PARTY

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PROPOSED NEW RAKE STRUCTURE EXPENSIVE FOR PARTY POKER

Party Poker's aborted rake structure changes (see previous reports) may have cost the poker operator its second place in the top sites. The independent online poker monitor Pokerscout reports that the company's traffic declined by 3 percent last week, allowing Playtech's iPoker network to consolidate its second position in the market.

"The [rake changes] move drew a firestorm of protest, with players organizing a mass "sit-out" on Wednesday …

Full Story: PROPOSED NEW RAKE STRUCTURE EXPENSIVE FOR PARTY POKER

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NEW ONLINE POKER SOFTWARE FOR BODOG?

Bodog Europe chief executive Patrik Selin made an interesting disclosure on the company's online poker software this week, telling the publication InsidePoker Business that there are plans to launch a completely new version of its poker software at the end of 2011.

"We will hopefully have completely new software up in November," Selin revealed.

Full Story: NEW ONLINE POKER SOFTWARE FOR BODOG?

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BETCLIC ACHIEVES ECOGRA ACCREDITATION

Betclic, a well-established internet casino, poker and sportsbook company in the Betclic Everest Group, has successfully achieved the tough professional standards required to gain accreditation with the independent standards and player protection organisation eCOGRA.

Announcing the successful accreditation, eCOGRA chief executive Andrew Beveridge said that Betclic joins an elite group of 146 online gambling sites that have demonstrated a practical commitment to higher standards of operational …

Full Story: BETCLIC ACHIEVES ECOGRA ACCREDITATION

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ONLINE AND MOBILE DELIVER FOR PADDY POWER

Irish bookmaker Paddy Power plc delivered strong interim results for the six months ended June 30 2011, with online and mobile the company's star performers.

Key Performance Highlights include:

Full Story: ONLINE AND MOBILE DELIVER FOR PADDY POWER