Zynga, the online social gaming company, has been rumored to be attempting to move into online gambling when changes in the US gambling laws are made, for quite some time now. John Schappert, Chief Operations Officer for Zynga, revealed that online gambling was “very interesting to the group” when asked by analysts to comment on the group’s first quarterly earnings as a public company. Schappert added that he thinks that it is a very interesting opportunity due to the fact that they are … [Read more...]
Net Entertainment Reports Excellent Q4 Numbers
February 17, 2012 by
Net Entertainment, the Stockholm based casino software provider, has reported that revenues for the last quarter of 2011 grew by 21.6%. According to Net Entertainment’s financial report, the three month period ending December 2011 yielded revenue of GBP 11.51 million. Swedish Net Entertainment revealed that in the fourth quarter of 2011 its profit after tax increased by a massive 26% to GBP 3.48 million. Several important developments occurred at Net Entertainment during 2011 which … [Read more...]
GigaMedia Limited appoints new CFO
February 15, 2012 by
GigaMedia Limited, a major provider of online entertainment software and services, has announced that it recently appointed Dirk Chen as its chief financial officer. Chen has been a board member and special advisor at GigaMedia since November, 2011. Chen has replaced Quincy Tang who has been in this role for over three years and who will now assume Chen’s previous position as special advisor to GigaMedia. Chen has spent his 30-year career with leading financial firm, Taiwan-based … [Read more...]
Evolution signs deal with Oranje Casino
February 12, 2012 by
Evolution, the popular live dealer technology and services provider, has signed a deal with Oranje Casino in terms of which it will provide services to the casino from two fully localized, committed live casino tables which will be staffed by native speaking Dutch dealers. The agreement will result in Oranje Casino becoming the first online casino to give its players an opportunity to benefit from native Dutch speaking dealers. Players at Oranje Casino will have the chance to benefit by … [Read more...]
Grand Vegas Online Casino Spreading the Love
February 11, 2012 by
Grand Vegas the popular online casino, has announced that it is offering its Facebook fans an opportunity to spread the love this Valentine Day and at the same time stand a chance of winning a bonus valued at $140. All that is required of fans wishing to participate in this promotion is to tag a special card that has been posted on Grand Vegas Online Casino’s Facebook page. The online casino has revealed that it will select two taggers at random on Tuesday, February 14, 2012 and award … [Read more...]
US Powerball Jackpot Reaches Record $250 Million
February 9, 2012 by
Excitement is mounting amongst Powerball ticket buyers after Saturday night’s draw saw no one having all the matching numbers resulting in the Jackpot rising to a whopping $250 million. The price of Powerball tickets doubled from $1 to $2 a ticket on January 15, 2012, and while some players are happy with the new changes which were designed to create larger jackpots and better chances of becoming a multimillionaire, others are unhappy with the price hike. Powerball, which began in 1987 as … [Read more...]
Illinois Soon to Offer Online Lottery Tickets
February 2, 2012 by
In a move that could possibly bring in millions in revenue to the cash strapped state, Illinois intends taking its lottery online within a couple of months. Gambling opponents are, however, very much against this move. Up to 500,000 more players are expected to be attracted to games such as the Mega Moolah with an online lottery. The Mega Moolah jackpot exceeds over $100 million approximately 40 times a year and this could result in great rewards for the state. Illinois can earn 42c for … [Read more...]
Microgaming Poker Network and Initial Rewards strike new deal
January 25, 2012 by
The Microgaming Poker Network (MPN), formerly Prima Poker, has announced an agreement in principal with one of the most experienced and largest providers of loyalty products to the iGaming sector, namely Initial Rewards. In terms of the deal between MPN and London-based Initial Rewards, the latter company will be authorized to service the Microgaming Poker Network operators with loyalty store reward programs in an attempt to enrich their player’s experience and enhance customer … [Read more...]
