Sportsbook news results for the search term: online casino
04.26.2013 (05:50 PM CST)
Sportsbook Review.com gives an SBR iGaming News video update for Friday, April 26th, 2013. Topics discussed in today's show include social media and gaming firm Zynga's first quarter financial statement, an update on a Belgium-facing online casino, and a recent deal between technology provider Globant and Bally Technologies for the production of gaming software.
04.20.2013 (03:37 PM CST)
Good news for Belgium gamblers. WMS Industries, a provider of gaming technology which is known for their extensive work with lotteries, has announced to the world that their Williams Interactive LLC subsidiary has debuted a new online casino game for Belgium residents. The game is fully legal per Belgium laws.
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11.05.2010 (03:49 PM CST)
AsianLogic, an Asia-based online casino operator has agreed to acquire 12Bet Sportsbook. Each company is licensed in the Phillippines. In addition to its online casino endeavors, AsianLogic operates the Asian Poker Tour. | SBRforum discusses AsianLogic's acquisition of 12bet
Rory Anderson, Chief Executive for 12Bet comments: [quote] AsianLogic is very strong in the online casino and poker environment as well as controlling land-based brands such as the Asian Poker Tour, and being able to better offer these products to sportsbook customers should enhance revenues across the board.[/quote]
09.17.2010 (02:46 PM CST)
StridePoker (SBR rating D) was added to the SBR Sportsbook Ratings guide at F on August 7th. Since being initiated, SBR has spoken to StridePoker about their relationship with software provider FutureBet. StridePoker has stated that players funds are handled in-house and that they pay a fee to use the FutureBet software. SBR has upgraded StridePoker to D to reflect a lesser risk to player funds.
Sportsbooks and online casinos under the FutureBet umbrella have had a checkered past, with many brands going off-line and stiffing all players. In most cases, FutureBet was the prime controller of player funds; providing a full turnkey solution to sportsbook operators. FutureBet twice renamed itself in an effort to distance itself from the history of the theft, first as iGaming Software in 2008, later as Gametech Solutions in 2010.
01.29.2010 (07:52 AM CST)
BetEd (SBR rating B-) has voided $15,090 in casino winnings for two players citing software malfunction. The first player began playing Baccarat with $20, running his balance up to $10,068. His winnings were voided, and he was given $220 in credits for his play leading to BetEd finding the alleged error. BetEd explains that there was a programming mistake made during a game update in the last month.
BetEd: [quote]When both sides were bet, the banker side was dealt twice in the initial draw. This leads to a lower average banker total on the initial draw, as only the first two cards are used, in ascending order of their value. This resulted in a higher player-side win rate in this situation. If the customer bet both sides, and bet a higher amount on player side, he would win at a much higher rate than standard house odds.[/quote]
Player #2 took $50 into slot game Mystic Number. He increased his balance to $5022 before his winnings were voided. BetEd has stated that the expected odds of each slot symbol is weighted with a certain value, and in the case of Mystic number there was a programming error which prompted BetEd to remove the game from its casino.
In both of these cases, the software operated as it was programmed. Neither player hacked into the software or did anything to change its operation. The fault for the game failure lies entirely with BetEd and the programmers contracted to design its games. Online casinos are obligated to ensure its game operate correctly before offering them to the public. SBR is asking that BetEd reconsider its decision and pay the players.
10.01.2008 (06:26 PM CST)
SCAM ALERT: LazerWager (SBR
rating F) operation taking wagers through live dealer
online casinos. The company owns websites such as DealFourRealCasino.com
Deal4Real.net where the gambler can play against and
converse with a live dealer. TheLiveDealerCasino.com, owned by parent company
Global, is attempting to outsource the live dealer service to
other gambling operators. When SBR visited the LazerWager
facility in February to discuss its failure to pay, we toured the live
dealer casino room. Management stated that the value of the video
camera equipment was more than the "low 6 figures" owed to LazerWager
victims. LazerWager's parent company also operates its pay per head
service called Evolution
or EvoDP.com. Evo Data Processing hosts and
services the following sportsbook
04.27.2008 (10:51 PM CST)
SCAM ALERT: New online casino, FruitnLoot launched by ownership of closed sportsbook scam Apex Sports (SBR rating F-). Stolen Apex player funds were used to start these new casinos and sportsbooks such as Bet33
(SBR rating F).
03.17.2008 (09:13 PM CST) BetOnLine (SBR rating A-) launches new casino.
The platform's software developers tell SBR the BetOnline
casino will compete for the title of most realistic graphics and performance.
06.13.2007 (01:17 PM CST)
BetUS (SBR rating D+) reportedly hiring clerks for new Panama office. BetUS is said to be operating under the name BLUM Management Services which is located in Via España in the Boston Building. BLUM Mgt. is hiring casino and wagering clerks for $3.50 per hour. It remains unclear if the Panamanian government will allow BetUS to build its business there or if BetUS is operating under the license of an established online casino. BetUS has already moved its servers to Panama. Clerks form BetUS' Canada office have recently cited an office move as reason for withdrawal delays.
03.26.2006 (10:48 AM CST)
A disturbing study by the Harvard Medical School shows that teen gamblers are three times more likely to become addicted than adults. Experts explain that children migrate from video games to online casinos as they grow older. Currently there are almost zero warnings or educational curriculum of online gambling in schools and few public service announcements because it is deemed "illegal" in some parts of the US. Therefore parents must take the lead and warn their children of the dangers of online gambling. http://www.mercurynews.com/mld/mercu...n/14191466.htm