Archive for July, 2009

Online Gambling – The Real Story Of …

Friday, July 31st, 2009

…continuance

2003 – The Age of Online Poker

The story of million winnings has reached its peak when Chris Moneymaker rushed into the poker history having won the prize of 2,5 million dollars. That event has marked the beginning of the online poker era.

2003 was also the tear when a non-profit organization specializing in standardization and audit of online gambling operators appeared. Its name was eCogra (eCommerce and Online Gambling Regulation and Assurance). Now the organization is the most trusted auditor and controller of play fairness in online casinos and poker rooms. The aim of eCogra is players’ protection and fair play ensuring.

Another push for fast online gambling development is the creation of live games by PlayTech. From the moment online gambling becomes even more true-to-live and user-attractive. Now online players use live video chats and have an opportunity of seeing a dealer on a screen. (more…)

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Online Gambling – How the Story Began

Wednesday, July 29th, 2009

1994 – The Year when it all began

Though gambling has been widespread all over the world for thousands of years, it went online only in 1994. This was the year when MicroGaming started the era of online casinos, having produced the 1st software solution for gambling online. Then the story brings us to 1995, when MicroGaming has formed a forward looking syndicate with CryptoLogic – a company delivering security solutions to online businesses. When secure way of casino money processing was added to the casino engine, it came the high time of the first online casino – InterCasino. It will have been the industry leader for a long time since then. (more…)

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Online Gambling Sites Win One More Round

Tuesday, July 21st, 2009

Kentucky, a haven for gamblers who want to bet on horse racing, has hit a setback in its efforts to stop unregulated online casino gambling. In a 2-1 ruling Tuesday, the Kentucky Court of Appeals said the state does not have the jurisdiction to seize 141 online casinos’ Internet domain names in an effort to keep them from operating in the state. The ruling also said a Franklin Circuit Court judge cannot hold further hearings on the issue. “This is a tremendous victory for Internet freedom and the rights of Kentucky residents who enjoy playing online poker,” said John Pappas, executive director of the Poker Players Alliance, in a statement. It has been estimated that about 13,000 Kentuckians play the online casinos. Jay Blanton, a spokesman for Gov. Steve Beshear, said the state did not receive the ruling until late Tuesday. “We want to take some time to review it. No decision has yet been made on whether to appeal it to the state Supreme Court,” Blanton said. (more…)

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