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28May/11Off

First Online Casino License for Casino Gran Madrid

CasinoThe first operator from the autonomous region of Madrid in Spain to obtain an online gambling license is Casino Gran Madrid. The Casino Gran Madrid online casino will be controlled by the leading software provider Playtech. The online casino is based on an existing agreement signed as far back as 2009. An entire range of Playtech online casino games such as blackjack, roulette and slots and online poker will be on offer. The Spanish solutions provider Media Tech will make available all the player management system for the online casino.

According to a report by eGaming Review, Casino Gran Madrid obtained the license on May 17 and it is now certified to offer poker, blackjack, roulette and slots on its website. The public pronouncement was postponed until local elections had taken place. Powered by PlayTech software, all of these will be launched soon. CGM is the first to be certified by the government of Madrid for online play, although Madrid issued authorizations to existing land-based casinos and bingo halls in 2006/2007 for offering online betting, casino and bingo.

Director of Information Systems at Casino Gran Madrid, Jorge Casanova said that company’s assurance to innovation in the industry has been represented by the online casino. He said that during the certification process, the gaming software would go through more than 200 million simulated plays. The process is to check for any technical problems or probable security problems and it will ensure that the servers can handle the traffic.

13Aug/10Off

Ontario bets on Online Gambling

With hopes of creating an additional revenue stream, the government in Ontario has decided to try their luck in the business of online gaming, casino table games and online casino games. To allow Ontario residents to gamble from the convenience of their own home or personal laptop, Ontario Finance Minister Dwight Duncan announced that the government is spending 18 months to develop a system. In early 2012, the program will be launch.

Lottery games such as, lottery tickets via the Internet and e-instant tickets will be included as possible games. The website is also expected to have assorted poker games with the house (government) banking the table games and extensive casino games technology such as typical table games such as blackjack.

For this ambitious project, the administrator will be the Ontario Lottery and Gaming Corporation. A prominent role in the website will be taken by Poker (player against player). Off of the rake (percentage of the main pot goes to the house), poker games will make money.

Ontario residents are sending over 400 million dollars out of the country gambling on the Internet as shown by a recently taken Canadian study. The new Internet website will bring over 100 million dollars to the government in its first full year of operation as estimated by the Ontario Lottery and Gaming Corporation.

At this time in Ontario, it is estimated that there are 400,000 to 500,000 internet accounts that are being used. This would mean several open accounts have been held by many players. There will be self regulation by players that will set their maximum limits is what is said by the Ontario Lottery and Gaming Corporation.

1May/10Off

World’s Second Most Expensive Casino Opens

On April 27, Marina Bay Sands company officials and Las Vegas Sands Corp chairman Sheldon Adelson, cut the celebratory ribbon to open the first phase of the Marina Bay Sands casino complex in SIngapore.

Marina Bay Sands is a $5.5 Billion integrated vacation resort, majority-owned by Las Vegas Sands Corp, which owns a portfolio of properties in Macau, including resorts, hotels and apartments. Marina BaySands will be one of the biggest leisure and entertainment businesses in all of Asia. There is a long list of attractions on location sure to please all ages and all types of visitors.

Some of the fun resides in the over-sized convention and exhibition facilities useful for meetings and showcases, 2,560 hotel rooms and suites accessible for customers from all walks of life, a Sky Park on the roof, a museum, and Asia's best shopping mall persisting of 300 stores.

There are also world-class celebrity restaurants, Paiza Club for premium players, and outdoor plaza and theaters. The Marina Bay Sands casino hopes to attract 70,000 - 80,000 visitors each day. It consists of two levels for mass gaming including 1,500 slot machines, online casino and two levels for left just VIPs.

15Apr/10Off

Casinos: Trump is the Big Winner in Casinos

Trump Entertainment Resorts is close to leaving behind its third bankruptcy. And, in doing so, nothing could make the Donald any happier as he trumped one over on rival billionaire Carl Icahn.

Earlier this week a federal bankruptcy judge chose the Capital Group and Donald Trump, along with daughter Ivanka, to buy the company out of bankruptcy. The price: $225 million. This put Icahn out of the running as the bid topped his proposal to swap the $486 million mortgage he holds on Trump Entertainment for ownership of the company.

Trump Entertainment is expected to emerge from bankruptcy later in 2010. The debt will be reduced from a whopping $1.8 billion to $334 million. The first priority of Trump Entertainment will be to revitalize three of the casinos the company owns in Atlantic City. One of the places, Trump Marina Hotel Casino will once again be put on the market to be sold. The company will hold on to Trump Taj Mahal Casino and Trump Plaza Hotel and Casino. If the one casino is sold then the company will seek opportunities in other states. The reasoning behind this is to lessen its dependence on a single market which is already struggling.

It has also been announced that beauty Ivanka will become one of the main faces of Trump Entertainment in the near future. Her popularity has soared since she has been featured, with Trump, on his weekly TV show Celebrity Apprentice. She has also exhibited an impressive amount of skill and knowledge.

24Feb/10Off

Cambodia’s Titan King Casino is set to open

Not too long ago, Cambodia began production on The Titan King Casino; the doors of this $100 million casino are being opened to the public on Feb. 26.  The casino will cover a large area of land and produce over 6,000 jobs. It will be located in Bavet, a town just out of Phnom Penh.

In a variety of different areas, the global economic crisis has taken quite a hit on Cambodia. This is a project to help rejuvenate the entertainment sector and bring in people from surrounding countries.  Currently one of the most profitable businesses in Cambodia is tourism and it has shown promise in other casinos in previous years.

People from Thailand, where gambling is outlawed are their most frequent visitors.  People cross the border to go to a casino, have a night of fun, and return home after. You can bet on your favorite casino with the sportsbooks.

Kith Thieng, a renowned business man, who has had his hands in fast food chains, hotels, cell phones, and even the banking industry, is the King Casino’s creator.  He thinks that most of the visitors will be Vietnamese, but hopes to make the King Casino into a Las Vegas of sorts.

Cambodia's stock market will post on the casino and the revenue is expected to increase by up to 30% this year alone.  This is based on surges of people from other countries, including China. Stay tuned to bet on this online casino with the sports betting group.