Archive for June, 2013

BitCoin Continuing with iGaming Player Payment Focus

Saturday, June 29th, 2013

bitcoin currencyWhen you stop for just a moment to ponder all the advances in technology that are coming out of the online gaming industry, you cannot help but marvel at the fact that so much has happened so fast.

And yet, more is to come. Taking the internet from a place where you learn about casino games to a place where you play casino games for real money has been no easy task indeed. From innovative software technology advances that have brought casinos to the HTML5 era, 3rd party regulative systems that effectively audit the virtual casinos, to safe and secure payment and banking options, the internet gambling industry has come a long way indeed.

But just when we’ve begun to conclude the issues surrounding gambling online and regard its true legitimacy in new markets, including the slow-starting US region, a new virtual currency looms in the background…or rather, continues to loom, as most gamers still haven’t heard of this currency option.

Bitcoin payments may very well emerge online as a new, somewhat controversial form of money that may also create a few waves with other banking systems currently used. But let’s face it – there’s not one aspect of online gambling that is not completely competitive. And casino payment services are no exception.

While Bitcoin has historically been used in a few online industries in the past, it has yet to make its grand entrance into the online gambling industry. Gaining new interest within the virtual casino realm at the iGaming Super Show this month, Bitcoin is now appearing on the radar. However, keep in mind there is great caution being exercised regarding this innovative, yet controversial currency option.

If a large casino brand with the means to go live immediately were to use Bitcoin as a payment option at its online casino, there is no doubt that there would be some attention paid in great detail by regulators who are – quite frankly – not sure of the option’s true legitimacy at this time.

Just remember how long it took for the fire to catch within the US market regarding gambling online. With online casino operators clamoring for licenses in the US alone, it is not necessarily feasible that any one of them would welcome additional examination from regulators.

Then there’s the whole demand issue. Online players in large part don’t know about Bitcoin and its concept to being with. Let’s just say that no one is asking for it…just yet. It will be a smaller operation that takes on Bitcoin first.

Bitcoin itself remains confident. Even before the new interest displayed at the iGaming Super Show, the company has stated it is simply a matter of time until the Bitcoin concept is adopted within the online gambling industry.

There are indeed a few things Bitcoin already has going for itself. Within legalized gambling areas, player identity is already a prerequisite. This means the money laundering stigma theoretically remains the same for all types of payments and banking efforts. Bitcoin only elevates the privacy issue on the customer-facing side only. This is a legitimate attempt at transparency. And as far as tackling the demand issue goes, Bitcoin also believes that newer, upcoming casino operators are attracted to the fact that Bitcoin’s concept is innovative and considered a standout option, subsequently making them attractive to new online casino players.

So, what’s on the Agenda?

Indeed, there is some further interest in Bitcoin on the horizon. CalvinAyre.com is an authorized media partner of this year’s Bitcoin London seminar taking place in Canary Wharf. The company is also boasting that the founder of online 3D poker site PKR, Jez San, will be at the conference. San has showed an interest (whatever it may actually be) and has been present at various previous Bitcoin related events.

We will definitely remain tuned in to see which online casino operator adopts the Bitcoin first. For more information on this digital casino chip concept, stay tuned to the OCS Blog!

The Best Gambling Sites Online

Friday, June 21st, 2013

You could easily say that quality gambling sites online are as important as the casinos themselves. With the major advancements both legally and technologically where the online gaming industry is concerned, finding online casinos is an easy task. However, playing at the best online casinos is never really an accident. You will only find proven high-quality casinos online through casino guide sites such as Yours Truly. iGaming websites worth anything need to really address a wide range of topics. Beyond completely vetting online casinos to ensure every aspect of gaming is in compliance, gambling sites that are to be the most effective will cover breaking news, host blogs where players can meet and talk freely about their experiences, and even school you with effective gambling tips.

The online gambling industry is further evolving and moving rather quickly into many new worldwide markets, including the US. Useful casino guide sites are designed to be your go-to for all things iGaming. Whether you have a favorite casino or not, you’ll find the latest casino insider information and gain knowledge you need by exploring sites like Online Casino Suite. Your online casino experience should be as close to the experience you’ve had at any land based high-end casino. Without the ability to physically be inside an actual casino, most all online players rely on sites that rate and reviews casinos for the best continual gaming experience possible. In large part, successful gaming comes from experience and general know-how; And these things come from educational gambling sites that showcase in great detail all aspects of gaming.

The top things to look for in any review site or gambling portal are sites that have daily updates and fresh useful information specifically linked to the industry and casinos them selves. Look for reviews that are new and updated continually. If a site is not on top of the latest casino bonuses, promos and news events – do not waste your time trusting the site to have your best interest at hand. Just as you expect your casino to be available for you with excellent customer services, a superior gambling site will invite any questions and concerns in a timely manner and you should be able to contact them via email.

While the most popular online casinos are transparent, not all are always on top of things. When it comes to ensuring these casinos remain properly operated, it is up to casino review sites to continually vet them in great detail. Because casinos on the internet are located in several different markets (based in several different countries), there are more than enough separate laws and jurisdictional issues at hand. Gambling sites of any relevance will tackle all the details you need to understand without having to subject yourself to never-ending self-inquiries.

Top considerations for finding a new casino are licensing and certification, gaming standards, software (there are a great number of different software platforms, and you’ll want to know which ones are winning awards), playability, customer service, whether the casino has been cited for improprieties or non-compliance, and current and complete casino promotions/bonuses.

While this summary may seem a bit vague, an actual online casino review needs to be very detailed. It is one thing to recommend a casino and another to explain exactly why the casino is worthy of your business. Gambling sites online that are well managed will also include lists of casinos that have been black-listed or otherwise ill advised.

Any site that promotes an unbiased look at the iGaming industry is a website you want to use for selecting a good casino, as well as keeping up on the latest events. When you arrive at a gambling site, you should see an organized, streamlined home page that displays the date it was last updated (ensuring you that the info is up-to-date) and you should immediately see each casino’s bonus and promotion schedule as well as the latest news pertaining to that specific casino. If a casino has discontinued any particular services, you’ll know the specifics right away from a quality gambling site online. If a casino has a track record, good or bad, it will be covered. This especially holds true at Online Casino Suite.

Sure, you’ll get emails (and then some) from your casino, promoting the latest topics they want you to know about; However, gambling portal sites will never hesitate to let you know the good and the bad. This is extremely important considering many casinos operate under different jurisdictions and have varying licensing requirements. This alone is a huge reason for you to continually use gambling sites that cover all industry happenings.

Casinos also have varying rules and regulations that players need to know about and specifically understand in order to have good gaming experiences. While casinos display their rules and regulations for patrons to easily find, some provide more information than others. What’s more, online gambling sites will easily breakdown these rules and regulations in plain, easy-to-understand terms.

All of these topics we’ve addressed in this article are important factors for providing would-be online casino patrons the best possible experience when gambling for real money online today.

Consider this: You could easily be attracted to an internet casino that has a large signup bonus offer. Aren’t we all? However, nothing in life is absolutely free. There are usually strings attached when it comes to promos and bonuses. Well-established gambling sites will compare these bonuses against the casino’s rules and regulations in order to give you the bottom line. After all, if a casino gives you a thousand bucks just for signing up, what good will it be if you have to wager an extraordinary amount of your money in order to qualify for it? Rest assured that sites like Online Casino Suite have already compared and listed the details you need to understand before picking any online gambling casino. For a specific example, be sure to read some of the most in-depth reviews we’ve seen online today right here.

Bally Inks iGaming Deal With Interblock

Friday, June 14th, 2013

interblock blackjack multiplayer tableBally Technologies, a well-known casino supplier and gaming developer, has announced a partnership with the luxury gaming products supplier, Interblock, to merge its online gaming products with Bally’s critically acclaimed online gambling platform.

While both companies each have previously developed their own online solutions for Web applications, the partnership is yet another move between established brick and mortar casino gaming companies into the world of online gambling. We’ve seen a number of these partnerships take place in the US market  thanks to further regulation in a growing number of states, including the state headquarters for Bally and Interblock – Nevada.

The specifics of the partnership (according to Bally’s press release) will involve Interblock integrating its online gaming content into Bally’s innovative iGaming platform, consequently providing land-based casino operators with more best-in-class content that can potentially be used on the World Wide Web in an online casino application.

Bally is a well-known and established brand in the gaming industry, thus making them very attractive to the online market. They are the brand name, and companies like Interblock will serve to provide innovative enhancements to Bally’s bundled gaming solutions.

After taking a quick look at the land-based casino games and multi-player table games that Interblock builds (shown in image above), it is easy to see this is a company with its eye on the future. Producing some of the most advanced, futuristic styles of gaming tables and casino products on the market today, it is clear that Interblock’s physical product line has kept pace with the software side.

The new partnership between Interblock and Bally certainly coincides with the revolution currently taking place in the iGaming world. Still holding onto the values of land-based gaming, and yet converting classic casino games into their online counterparts, Bally Technologies and Interblock will potentially create an amazing platform together. According to Bally Technologies’ Vice President of Business Development, John Connelly, “this relationship further validates the current transformation within the online gaming sector, which integrates traditional and online casino systems, allowing casino operators to protect their data while offering their customers best-in-class content.”

We certainly look forward to learning about even more companies like Interblock, which are providing top-line B2B solutions for the gambling industry at large.

Nevada Gaming Board Approves GambleID

Sunday, June 2nd, 2013

gambleid_1012

One of the biggest hurdles in developing online gaming regulation, ie., legitimizing online wagers, has always been the ability to effectively identify a player and their actual location in order to comply with jurisdictional laws. After all, one region may legalize gaming online but without the physicality of a casino.

So then, without a place to literally check identification, what’s to stop someone from playing online in a location they are not allowed to? Fortunately, there’s quite a lot – and all thanks to modern-day technology.

The Nevada Gaming Control Board (NGCB) along with the Nevada Gaming Commission (NGC) just approved GambleID for a gaming license as a Class 2 Service Provider. GambleID will effectively apply customer insight to online gambling sites, meaning, it will provide the software for identifying and authenticating casino patrons online. With this new approval by the NGCB, GambleID has become the 23rd company to be given an online gaming license to operate within the Nevada online gambling industry.

GambleID’s platform provides a full start-to-finish process that provides complete insight into player identification and location verification. One of only a few companies that can provide this authentication process with online casinos, GambleID’s technology will ensure that in Nevada, all players logging on and gambling online, are residents of Nevada, or are at least qualified to play while physically in Nevada. In a way, you could say that even online, “what happens in Vegas, stays in Vegas”.

While GambleID is not a new company, it has historically provided products and solutions designed to meet the regulatory compliance requirements of the online gaming industry at large. GambleID is confident that their concepts for helping online casinos verify players will be essential and valuable for the next market to be legalized for online gaming.

According to GambleID, its multi-layered platform effectively verifies identity, validates location, digitally fingerprints devices, provides payment authenticity, risk mitigation, and even forecasts customer value and ranking using resourceful tools through its fully managed services.

It’s quite obvious that regulators are concerned when it comes to reducing the risk of improper gaming. As tricky as it may have been in the past to verify a player and their location, those days are surely dwindling as technology has advanced in order to meet the massive demand. The announcement for approval coming from the NGCB and NCG is a huge achievement for GambleID and a major move toward further legitimizing online casino gambling in the United States.

When it comes down to it, developments like these really are a win-win for all parties involved. As gaming operators vie for online licenses, completely accurate software for proving a player’s identity and where they are truly located is vital. Without authentication, casino operators might as well forget about applying for a regulatory license. Advancements like this are an integral part of online gambling expansion, for as new US states and other regions of the world consider legalizing real money online wagering, all eyes will be on jurisdictions like Nevada.