Online Casino News From Around the Globe

First Online Poker License in U.S. Granted to South Point Casino

A historic decision by the five-member Nevada Gaming Commission yesterday means that South Point Poker has become the first casino to get a legal license to operate an online poker site within the state of Nevada. This groundbreaking decision is the first of its kind in the U.S.  and even more significant is the fact that South Point Poker have developed their very own online poker system without the aid of a third-party. Chief Operating officer of South Point Poker stated,” We are pretty excited to enter the online gaming world. This is an incredible step forward. It’s going to redefine gaming and what the state can do.” If things go smoothly operations could be running as soon as October according to Vaughan depending on regulatory and testing approvals. South Point Poker will employ about 30 people. They have already entered the online free-to-play poker world over a year ago which will aid them in establishing their online brand among real money players. Vaughan went to pains to emphasize that they had the necessary safeguards in place to ensure that only players over the age of 21 are able to play and that the online gambler is physically located within the Nevada state…

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London Olympics Breaks Online Betting Records

With the London 2012 Olympic Games being touted as one of the most successful of all time, it comes as no surprise that the online bookmakers outperformed all expectations. According to one of global leaders in Sports betting, Sporting Index, the final amount wagered on the London Olympics was between £80 and £100 million. This is way above the forecasts of £20-£40 million forecast at the start of the games. The amazing feats of the athletes on the field translated into two weeks of frenzied sports betting. According to another leading British Bookmaker Ladbrokes the London Olympics have taken in the region of £80 million which is in harsh contrast to the £4 million they took in form the Beijing Games in 2008. According to commercial director at Sporting Index Group,Mark Maydon,” We made a conscious decision 18 months ago to invest heavily in our trading team, algorithms and modeling for the Olympics and we’ve been…

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