Archive for July, 2012

Poker Stars Acquisition of Full Tilt Rumored

Tuesday, July 31st, 2012

full-tilt-poker11Following reports last Friday that online poker room, Poker Stars, has been in serious talks with the US Department of Justice regarding a buyout of the seized poker room, Full Tilt, a wave of optimism has come over many former American players still waiting to cash out their accounts.

Not just any rumor, the news has come straight from respected legal consultancy firm, Eolis International Group. Wendeen Eolis herself reported, “…without giving away the identity of a consistently impeccable resource, it is now safe to say announcements for public dissemination are in the works. At this point, I am ready to go out on a limb….Full Tilt customers will see their monies well in time for Christmas shopping.”

And while the majority of these players are more likely to re-deposit their earnings into an active poker account rather than use it to purchase Christmas presents, there is solid weight to the claims made by Eolis. Two other independent and highly regarded resources confirmed that the allegations made by Eolis are indeed true.

Those players who remain skeptical about the rumor still have a bad taste in their mouth’s due to a recent “false alarm” that had many believing Full Tilt was to be bought out by the acquisition group of French businessman, Bernard Tapie. Allegedly in the final stages of negotiations with the USDOJ, the deal fell through when a repayment plan could not be agreed upon.

While the same could befall a Poker Stars acquisition, there certainly is more light at the end of the tunnel, considering Poker Stars wherewithal and resources to pay out players. Let’s face it, Poker Stars was able to do it under the guise of flowers and jewelry for several years before the DOJ reversed it’s stance on what it deemed illegal online gambling activities. Executing a solid repayment plan before the year is out shouldn’t be difficult. At least that’s the hope of thousands of players awaiting what amounts to $390 million in frozen funds.

New Jersey Discussing Constitutionality of Meadowlands Casino

Saturday, July 21st, 2012

New Jersey is not stranger to online gambling. Or, at least New Jersey is not stranger to considering the prospects of online gambling. Falling short of a signature from Governor Chris Christie, online gambling regulatory legislation intended to revitalize Atlantic City, horseracing and New Jersey’s brick ‘n mortar gambling industry as a whole, now appears to be taking a backseat to other plans.

In an attempt to reclaim New Jersey’s position as the premier spot for East Coast gambling, state lawmakers discussed on Thursday the merits of a constitutional amendment that would allow for a casino at the Meadowlands facility in Rutherford.  While advocates believe state residents would welcome such a move, as reported back in April, the idea has been met with strong opposition due to the perceived threat that a Meadowlands casino would pose to Atlantic City’s casino industry.

For over three decades, Atlantic City has been the only place to gamble in New Jersey – though, unfortunately for the Garden State, AC no longer enjoys the distinction of being the only East Coast city to offer legal gambling.  Newer casinos in neighboring states like Pennsylvania and Delaware have provided costly competition to Atlantic City casinos.  As a result, New Jersey finds itself now ranking fourth in the nation in terms of gambling revenue after years of following only Nevada in that category.

While discussing the state’s gambling industry, Sebastian Sinclair, president at Christiansen Capital Advisors, summed things up with, “It’s been a bad decade for New Jersey.

The addition of a Meadowlands casino is seen by many as the best option for attracting back gamblers that have strayed away to neighboring states.

If a casino were to come to the Meadowlands Sports Complex, it would join MetLife Stadium, the Izod Center and the Meadowlands Racetrack.  Advocates argue that a new casino would be the perfect compliment to a football stadium, a basketball arena and a horse racetrack.  In fact, Jeffrey Gural, the new owner of the Meadowlands Racetrack, has come out in strong favor of the idea.  Gural has even suggested that his racetrack’s long-term survival is tied to whether or not a casino comes to the Meadowlands.

One of the major obstacles facing the Meadowlands casino initiative is that Gov. Chris Christie has sided clearly against it.  The Governor has expresses his unwillingness to jeopardize an effort already underway to revitalize Atlantic City’s casino industry by creating dangerous competition within the state.

New Jersey in many ways is dependent on a vital casino industry in Atlantic City.  The casinos in Atlantic City officially generate over 30,000 jobs for the state – and that number dramatically increases when jobs created indirectly by Atlantic City casinos are factored in.

Gov. Christie has supported various state expenditures intended to help restore Atlantic City to its former glory.  One example of this was a multi-million dollar advertising campaign designed to attract gamblers back to New Jersey.  The state also provided hundreds of millions of dollars in tax incentives to help get the Revel casino, a $2.4 billion behemoth, back on track and ultimately completed.

Unfortunately, the Revel has so far disappointed in regards to projected revenues.  One might guess that this could eventually lead Gov. Christie to reconsider his position regarding the Meadowland casino proposal.  Especially when the state budget, adopted just last month, counts on nearly $300 million from casino generated revenues.

That money will need to come from somewhere.  And while at the moment, the Governor and others are firm in their position that Atlantic City casinos should not have to contend with competition from within the state.  If gambling revenues continue to decline in Atlantic City, as they have for the last six years, the Meadowlands casino concept may look more and more attractive.

Olympic Sized Promotion Now at Lucky Creek

Sunday, July 15th, 2012

LegendsOfOlympiaLooking for some Olympic-sized competition this Summer amidst your online casino gambling? Let’s face it, the Summer Olympics are right around the corner. What better way to vicariously live the dream of actually being able to compete with the World’s best athletes…while standing a chance to win some free money, at that!?

Well then, you may want to go pay Lucky Creek a visit. This US Friendly online casino is hosing a month-long series of promotions designed to help you get into the Olympic spirit. Called “Race for the Riches”, the promo goes live on Monday, July 16, and will run through August 12, 2012. Throughout the remainder of the promo window, every real money depositing player is eligible for 10 Free Spins on the Legend of Olympia video slot. The bonus can only be claimed once per player through 8/12/12 using the promo code GENFS.

Also available (until August 9) is Lucky Creek’s weekly Relay Match bonus worth 125% up to $125 Free. It can be claimed every Monday through Thursday using the code GENLY, and is subject to a 40x wager requirement before winnings derived from bonus play can be cashed out.

Friday, July 20, is the day in which the Olympic competitions begin. Kicking off then are the Olympic Champ Runs of Lucky Creek’s “Race for the Riches” promotion. Whoever holds out for the Number 1 position on the tournament leaderboard through August 12, will be awarded $1,000 in cash. The action begins today, so don’t delay on taking part in this contest if you want a shot at topping the leaderboard.

Daily tournaments begin Friday, July 20 and will take place every day of the week at 9 p.m. EST. Double header tournaments take place every Friday and Saturday evening (10 pm), as well as Sunday at 6 p.m. and 7 p.m. Slots tournaments are available on Monday, Wednesday, Friday, Saturday and Sunday, and Blackjack tournaments are available on Tuesday’s, Thursdays, Friday’s and over the weekend. Loyalty points can be used to enter these tournaments, and guaranteed winnings range from $100 to $5.

Last but not least – as part of Lucky Creek’s “Race for the Riches” promotion – is Medal Marathon, which will be the longest running medals promotion ever. Beginning July 27 and running everyday until August 12, Gold, Silver and Bronze medals earning on the slots will be awarded with $50, $20 and $10 bonuses respectively. Win all three medals and earn $100 in bonus cash. Talk about a solid no-deposit bonus. Of course, wagering requirements apply with max cashout restrictions. In order to qualify for the bonus, a deposit must be made the day in which the corresponding medal was earned. In other words, spread your deposits out in order to maximize your bonus winnings during the promo window.

And above all else, exercise good pacing and endurance. Isn’t that what being a Olympic champion is all about anyways!?

Visit Lucky Creek Casino Here to open a free account today.

New Mobile Casino Game Apps Available

Saturday, July 7th, 2012

888Casino-mobile-Android_QRMost internet gaming industry experts agree that mobile phones will play a large part in the future of online gambling. While it is unlikely that betting from a cell phone will become more popular than gambling from a computer in the comfort and privacy of one’s own home, there will be an increasing demand for remote wagering services as more and more people become active user’s of smart phones, tablets and laptops.

Currently, there are just a handful of operators with casino game apps available through the Apple Store and/or Google Play Marketplace. One of them is the well-known Euro and UK gaming brand, 888 Casino (click to visit site). Being one of the oldest and largest online casinos in the world, it’s no huge surprise that 888 would have a mobile offering available. What is surprising, however, is the fact that 888 just recently entered this frontier.

With the release of a Roulette application for Android devices and iPad tablets last month, and a launch of a Blackjack and Slots application this month, 888 has officially made its recent entry into the world of mobile online gambling. Considering the challenges that the mobile market poses any application developer, it’s safe to say that 888 has been eyeing the mobile gaming sector very closely.

Although casino software giants, Microgaming and Playtech, both launched mobile gaming platforms years earlier, there is still some uncertainty lingering whether the mobile gaming market will continue to increase demand at a rate that warrant R&D of mobile gaming applications. You could say that Playtech and Microgaming both made a bet on the mobile market. And while this sector currently accounts for a small percentage of revenue for online casino operators, mobile online gaming is experiencing growth and increasing demand.

All things considered, 888 is still well ahead of the rest of the pack. With three types of casino games already under their belt, it will likely be a matter of months until more game releases come and match the portfolio of mobile games currently being offered at Microgaming-powered online casinos like Royal Vegas and Platinum Play.

888 Casino’s all-in-one app can be quickly downloaded with a QR code reader, directly from their mobile webpage. Just scan the code and your download will begin. How’s that for user-friendliness and convenience?

Fun money or real money accounts can be opened at this Gibraltar licensed/regulated online casino. If you opt to open a real money account, OCS recommends taking advantage of 888’s welcome bonus worth 100% up to 140 Euros Free. Follow this with monthly Happy Hour bonus events, and you can take advantage of up to 900 Euro’s Free.