Online Casinos

Canadian Government Caught Off Guard by Bitcoin Emergence

OTTAWA – (Canadian Press) - Canadians buying and selling an emerging digital currency are running afoul of established banks and operating in uncharted territory for financial regulators.

"The Canadian government doesn't know what a Bitcoin is, doesn't recognize the Bitcoin, and there's no regulatory agency that knows what a Bitcoin is," said Joseph David, the owner of VirtEx.

His Calgary-based website lets Canadians trade Bitcoins through an online market similar to a stock exchange. David said the two-year-old company facilitated $15 million in transactions this year.

Online Jackpot Games to Offer $2 Million at Cake Poker: Upgrades Blackjack

Popular online gaming site, Cake Poker (CakePoker.eu) has launched Jackpot Games, a selection of cash and Gold Chip buy-in casino and entertaining games that offer wins of up to $2 Million. In addition, Cake has launched an upgraded version of their BlackJack games with new, advanced features including auto play, speed settings and the inclusion of strategy tips.

B3W Group to Fix Security Flaw in Online Poker Software

B3W Group, based out of Malta, has announced it plans this week to fix a vulnerability recently discovered by two security experts.  The company produces turnkey online casino and poker solutions. 

B3W's software updates itself over an insecure HTTP connection. Updated files are stored without digital signatures, and ".exe" files are not verified before installation. They also found issues with how B3W's software stores passwords on a person's computer.

Morgan Stanley: By 2020 Online Gambling Will be Bigger Than Vegas and AC Combined

Morgan Stanley upgraded Boyd Gaming’s stock to Overweight Thursday, sending its share price soaring. 

Boyd, which is teaming up with bwin.party to offer online gambling in the US once regulation occurs, saw its shares climb 10.37% to $9.05.

Internet Gambling in New Mexico a Complicated Matter, Frowned Upon by Some

Internet gambling will be discussed by legislators in the US state of New Mexico this summer but the situation there is somewhat complicated.

Online Gambling Affiliates in the US: Preparation, Adapting Will be Key

There is an excellent report by John Mehaffey of LegalPokerSites.com on the legal landscape of online gambling in the US and how current affiliates with 10 plus years of experience may or may not be able to gain access.  This, we at Gambling911.com believe, is a must read, especially in the wake of

Zynga Will Expand Real Money Online Poker Into Europe: Shares Surging

With the announcement that Zynga, the word’s largest social gaming market, will offer real money gambling in the United Kingdom, shares rose 5.5 percent to $3.24 in after-hours trade Tuesday.  By late morning Wednesday, shares were up 12.4 percent to $3.45 with an earlier high of $3.49.

Cyrpus Banking Crisis Helps Bitcoin Value Rise (Video)

Despite news last week that the US Government has intentions of regulating the virtual currency Bitcoin, its value continues to rise at an incredible pace. 

The reason:  Tiny Cyprus in the Mediterranean.  An island nation that was forced to enter a bailout while imposing what amounts to a 60 percent fee on high end bank balances with little warning.

Internet Gambling, Casino Expansion a Tough Sell in Illinois: Quinn Skeptical

CHICAGO — (Associated Press) - Lawmakers pushing to expand gambling in Illinois hope the third time is a charm with a more finely tuned proposal that could make Illinois the fourth state to allow Internet gaming.

The latest proposal includes some familiar ideas: five new casinos, including one in Chicago and Rockford; thousands of slot machines, including at Chicago’s two airports. But it also includes Internet gambling, which would allow Illinois residents to play games like black jack on their computers or smart phones.

UK Online Gambling Sees 80 Percent Growth Over Past 5 Years

Good news for the online gambling sector as one of the most open markets, the United Kingdom, reported growth of around 80 percent since 2008.

Malta the Next Macau of the Mediterranean

It is already a major hub for online gambling sites.  Now Seeking Alpha’s Jonathan Yates has pondered the idea of Malta becoming the “Macau of the Mediterranean”. 

Macua is the largest gambling destination in the world and Yates believes Malta has the potential to some day achieve that coveted position, at least where the Mediterranean region is concerned.

Chris Christie on Legalizing Web Poker: ‘A Critical Decision’

Speaking to John Brennan of NorthJersey.com Tuesday, New Jersey Governor Chris Christie had this to say regarding his decision to legalize Web gamblnig in the Garden State: “This was a critical decision, and one that I did not make lightly."

Christie, who had sat on previous bills up to the final hours, signed this third reincarnation within minutes of it hitting his desk.

Chris Christie Could Sign New Jersey Online Gambling Bill Tuesday

All eyes will be on New Jersey Tuesday as that state’s Governor Chris Christie may sign a bill legalizing online gambling.  The Governor has already said he intends to sign the bill within 48 hours of it arriving on his desk.

Online Cee-lo and 1-4-24 Dice Games Rolled Out by Juicy Stakes: Big Cash Promo

Popular online gaming site, Juicy Stakes is now rolling two dice games new to the real money scene, Cee-lo and 1-4-24. Hit the alley to catch Strungflowers and avoid the Dancing Dragon in three dice Cee-lo or try your hand at 1-4-24. Play and real money, multi-player games are now rolling under the all new Dice tab within the Juicy software.