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|Winners – Gonzo’s Quest Birthday Tournament :|
|1. Mariusz S|
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Gambling legislation is a point of contention all over the world today, specifically the new Belgian gambling laws which restrict online casino games. Many countries are changing their policies on the subject and organization, such as the European Union, are making very influential decisions with regards to all member states.
Despite wishes on behalf of the European Union that its mandates be acknowledged and followed, some countries still insist on going against the grain. A few such countries are France, Poland and most recently Belgium. Speculations indicate that these countries have crossed the line intentionally in order to test Michel Barnier, the new European Commissioner.
Belgium has stirred the subject to the brink of boiling by recently passing a law regulating online gambling that did not address several points of contention with EU rules, as found by the European Commission.
The European Commission gave an official Detailed Opinion to Belgian legislators which pointed out which parts of Belgian gambling laws needed to be amended in order to comply with EU law. Some of the points pointed out by the European Commission include: an unjustified limit on licenses, requirements of servers being located in Belgium, and forbidding citizens to participate in EU licensed and regulated internet gambling in Belgium.
Secretary General of the European Gaming and Betting Association, Sigrid Ligne, condemned Belgium’s action saying that, “The law is not only highly questionable from a legal point of view, a high level of consumer protection can be achieved by specific and targeted legislation, not by protecting the operators with a vested interest in the current situation.”
On December 3rd, lawmakers passed Belgian gambling laws without taking into considerations concerns that were voiced by the European Commission. In doing so, the Belgian Government has subjected itself to infringement proceedings that may be held by the EC which believes Belgian gambling laws are illegal within the EU framework.
The agreement will be beneficial to both parties, and Cryptologic will earn revenues based on wagers placed on the games. Following the announcement, the online casino pro shares jumped considerably.
CryptoLogic Limited, an international developer of online casino games and software, just signed a multi-year agreement to license five or more of its best casino games to BetClic, a major European internet sportsbook.
This agreement covers a few of online casino pro CryptoLogic’s best online slot games, which will soon be featured on BetClic’s Games website. The games will be integrated with the help of Gaming Technology Solutions plc, CryptoLogic’s technology platform provider.
President and CEO of CryptoLogic Brian Hadfield said, “The popularity and demand for our industry-leading games remains strong as evidenced by this latest agreement with BetClic, a fast growing European operator. As each new licensee launches our games, we add a new and recurring revenue stream to our business while providing enhanced value and user experience for our partners’ customers.”
Nicolas Beraud, CEO of BetClic, announced, “We are excited about the prospect of adding quality branded content to our current portfolio. CryptoLogic games are instantly recognisable and are developed to the highest industry standards. This partnership further enhances our commitment to offering the best gaming experience to our diverse customer base.”
Cryptologic, a Dublin-based company specializing in online gaming software, is about to sign a deal with Betclic, global online sportsbook operator, and will soon be launching a series of new games in partnership with DC Comics and Paramount Digital Entertainment.
They expected to announce this week that the Malta-based online sports betting company Betclic will soon offer Cryptologic games on the casino portion of their website.
Betclic is primarily focused on sports betting, especially football. The group has businesses in 15 countries and caters to around 1.5 million customers. Betclic is working to develop its casino and poker casino offerings, which have become a standard part of online gambling sites.
Cryptologic has partnerships with DC Comics and Paramount Digital Entertainment (a parent company of Paramount Pictures), and develops games using characters owned by these groups, including Superman and Braveheart.
Shares in online gambling software and games developer CryptoLogic soared after an announcement that they have signed a licensing deal with BetClic, a major European online sportsbook. Betclic will license at least five games from CryptoLogic. This deal will provide recurring revenues for online casino pro CryptoLogic because income is to be based on all wagers placed on the games.
CryptoLogic reported a significant decline in revenues from $50.2m to $29.9m in the nine months prior to September 2009. The loss more than doubled, jumping from $6.48m to $13.5m. The decline was blamed on licensees acting too slowly in launching new games.
CryptoLogic shares are traded on the TSX, Main Market, and Nasdaq. The current online casino pro is half what it was in the middle of September.
Microgaming is one of the most dependable and popular names in online casino industry and is a founding member of eCOGRA, the online gambling industry’s safety net.
After reading the King Cashalot slot review, he decided to try his luck hitting big on the online casino progressive slot. The lucky player, who reportedly almost fainted, was playing the very popular five-reel and nine-payline King Cashalot progressive online video slot.
After making the maximum bet wager on the online casino progressive slot, the reels were spun and the rest was up to fortune. The gods of gambling smiled that day as five King symbols lined up on the payline with the maximum bet and the rest is history.
Mike Hebden, chief of Casinos for the software provider Microgaming commented on the progressive jackpot win, “I am delighted that the progressive jackpot network has created another millionaire. It is so exciting when this happens and I am extremely proud that the player is paid out in one single payment, rather than an annuity.”
Microgaming has an elite library of 500 online casino games in 20 languages and has so far paid out €285 million on its progressive network.
Microgaming has a total of 37 different online casino progressive slot games and paid out a grand total of eight thousand progressive jackpots from 10K all the way to millions.
Online casino games are digital versions of those familiar games found at every brick and mortar casino. Endless varieties of video poker, slots, roulette, baccarat, blackjack, craps, and other games designed specifically for the online gambler are found online. Internet casinos are at the frontline of inventing unique combinations of games which offer players more ways to win bigger prizes.
One such game combination made Christmas extra special for one lucky online bingo player at Bet365 Bingo who hit an incredible jackpot of £3,922,736 ($5,884,104) at a progressive mini-slot game. The player named ‘taaloo1’ was spinning the Clover Rollover mini-slot game while waiting for the next bingo ball to be announced. To his complete shock, five shamrocks popped up on the spinning wheels, instantly turning him into the largest progressive jackpot slot winner in Bet365 Bingo online history.
According to an interview with the lucky winner, who was still in a state of bliss, he plans to throw a ‘crackling party’ and celebrate his win in style. He also mentioned that along with Clover Rollover, he played other progressive slots at Bet365 Bingo including Big Top Tombola, Snow Queen’s Magic and Pirate Plunder. Similar progressive games can be found at Bet365 Casino, which is powered by the popular Playtech software.