Online Gambling – The World In A Week

Posted by Gambling News | Gambling News | Friday 17 August 2012 1:27 pm

There has plenty of interest been happening again in the world of the online gambling industry. First off, after reading that a Full Tilt\PokerStars deal was complete speculation and was not going to happen; rumour is rife again in the news that PokerStars is going to pull the beleaguered brand out of the dung-heap they have found themselves in. It seems that for Full Tilt Poker; they are still deep in the you know what, but it’s only the depth that varies. I think we need to stop speculating and let’s wait to see what happens in real time. Only when PokerStars confirms that the rumours are true, will we be prepared to believe it. In recent reports from Gaming Intelligence, this deal is now for real.

More rumours were rife last year over whether Zynga poker were going to monetize their poker game, and get into gambling online. This seems to have now been confirmed and Mark Pincus says they will foray into real-money gambling online in 2013. As CEO of this billion dollar company, he has recently also lost Billionaire status when the stocks of Zynga took a nose-dive and dropped 40% in value. It looks like he is going to have to do something drastic to get share prices up again. Interestingly enough, purely online gambling concerns are looking at getting into social gambling now too.

Brent Buckley from Absolute poker was in the news again. He is part of the “Black Friday Eleven” who were indicted for conspiring to commit bank and wire fraud. Buckley is the former payment processor for Absolute Poker. Sentence was passed for fourteen months in prison, but then he did admit guilt in December. Ira Rubin got a three year sentence and was labelled a “con man and fraudster.” Rubin was also accused of illegally processing payments for Absolute Poker, PokerStars and FullTilt.

There has been some good news in online gambling too, as a couple of Playtech jackpots were landed. One – the ‘Holy Grail Jackpot’ from the Spamalot slot which is based on the Monty Python series. This lucky winner landed a mahoosive £692,209.05 prize. The other big winner was playing the Iron Man video slot and landed an impressive £558,306.01. Playtech is understandably proud to have been able to deliver these wins.

Look out for some great Olympic-themed promotions now that the summer games have started, and we are not only referring to sports-betting online. Online Bingo clubs are gamely going along with the flow, and British-based bingo sites are the place to look out for these offers.

We checked out William Hill where the Olympics aren’t really mentioned, but they are celebrating Glorious Goodwood, and we also checked out Costa Bingo where they are running a Track and Field event. Wink, Posh, Red Bus, Bingo Street, 88 Ladies and Tasty Bingo have a £10K Bingo for Gold event running as well as a £10K free summer Joy Pot, so, if you get tired of watching equestrian events, gymnastics, football and swimming, you can always get active too and play online bingo.

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