In the scramble for new customers, online casinos payout jackpots, and payout big. The dream of the huge progressive slots win seems to be realised for more and more online players thanks to the online casinos trying to attract players. For example, Casino.com have just paid out over $160,000 to an Italian online gambler who was playing Beach Life Progressive Jackpot game and matched five sun symbols. The site can then be assured of plenty of publicity from the lucky winner, in this case “frank73” who said Casino.com is “an enjoyable and exciting place to play. Since I’ve been married and had a child, Casino.com provides me with the comfortable and fun option of playing from home.” If this kind of praise leads more players to believing that progressive slots jackpots have indeed become that little bit easier to come by, the increased traffic will, as usual, make the online casinos themselves the real winners. That is of course, if they can find some method of overcoming the problem of no longer being allowed to accept new players from the USA. With so much potential revenue at stake, it seems likely that they will find a way somehow!
According to a recent survey by the Gambling Commission, there are now estimated to be some 250,000 Britons, including many from younger age groups, who are ‘problem gamblers’. For such people, gambling is a form of addiction and as such not only has a negative impact on them and their finances, but their families as well. This has led to a unique treatment being offered through the NHS for the first time, with the opening of the National Problem Gambling Clinic in London’s West End. The treatment will be tested for a year and will include sessions with debt management counsellors as well as psychologists and psychiatrists. Addict’s families will also be offered support and counselling to help deal with the multi-faceted impact of the problem. The clinic’s lead consultant psychiatrist, Dr Henrietta Bowden-Jones, will oversee the treatment which will include methods such as cognitive behavioural therapy and motivational interviewing, in addition to dealing with financial and employment problems and their side-effects such as depression. In addition to the more traditional forms of gambling such as horse-racing, slot machines etc, the Commission found that online gambling was steadily growing in popularity, with 6% of problem gamblers using websites to bet.
Online fund transfer company Moneybookers, one of the largest online payment companies on the Internet, have recently announced several updates to their service which could be of particular interest to the online gambling community. The company are making the most of the fact that their services and accounts are currently a widely used casino deposit method. As part of an ongoing enhancement of their online services, holders of Moneybookers VIP accounts will be entitled to a new range of benefits and improvements. The first to take effect is a short-term offer (available until 31st December 2008) which sees all deposit fees suspended for the term of the offer. Funds coming into the VIP account, whether from your bank account in order to play at online casinos or deposits via credit card, will not be subject to the usual fee. By the end of January 2009, VIP account holders will be able to benefit from permanent removal of transaction limits and credit card limits, which were previously in place as anti-fraud measures. This recognises the fact that casinos and high rollers often need to transfer large sums quickly and without hassle, in addition to having access to all their funds at any given time. This means that as a casino deposit method, Moneybookers is now one of the most flexible and easy-to-use systems on the Net; retaining the necessary security measures without hampering legitimate transactions. Another new option is the introduction of the Moneybookers VISA card, which enables players to have access to their Moneybookers funds from any regular banking outlet, once winnings from an Online Casino have been transferred to a Moneybookers account. As an additional incentive for new players, many online casinos are starting to offer percentage bonuses on top of a sign-up bonus for new players who make deposits using Moneybookers casino deposit method.
The Pace-O-Matic Corp. are the latest victims of back-tracking by the agency which rules on ‘slot machine-like’ games in the state of New York. Earlier this year the general counsel of the State Liquor Authority, Thomas J. Donahue, had ruled that the Pace-O-Matic game ‘Moxie Mania’ was a game of skill rather than luck, and therefore legal. In a bizarre (but not entirely unprecedented) move this Friday, the SLA then overturned their own ruling by a two-thirds decision, now claiming that the manufacturer is incorrect in referring to these slot machines as ‘games of skill’, but that in fact the machines offer gambling based on luck. The commissioners who made the new ruling, Jeanine Green and Noreen Healy, claim that they will explain their reasoning in writing in due course. Even if this transpires, it will no doubt be scant consolation to the Pace-O-Matic Corp., who had already gone ahead and installed their Moxie Mania slot machines in over 300 New York bars! The third commissioner, Chairman Daniel B. Boyle, stated that he did not have sufficient information to make a decision. Pace-O-Matic Corp have yet to respond to the new ruling; we wonder what their next move will be?
One of the most common casino games played by high rollers is baccarat. High roller baccarat can be found at land casinos such as the Bellagio and at online casinos such as the Playboy casino. Baccarat is a favourite of high rollers apecially as it tends to have no limit. Baccarat is very popular with Asian gamblers and with around 85 percent of high rollers being Asian high roller baccarat is very common in this circle of people.
The current world economic crisis is affecting the finances of online poker companies. The latest quarterly earnings reports of PartyGaming Inc. (owners of Party Poker) show lower profits which are mainly due to falling poker revenue (a decline of 15%, or US$65m). However, company insiders hope that the recent re-launch of its flagship PartyPoker.com site will reinvigorate this portion of the company. Despite the reduction in the poker profitability, PartyGaming (partly due to its strong online casino platform) remains profitable overall, citing revenues of US$117m. Despite the company’s market value dropping substantially over the last two years - from a US$7bn peak to around US$500m - there are high levels of optimism within the company, mainly due to feelings that the new Obama-led administration will be far more open to discussions on re-opening the US market than the Bush administration ever was. In addition, constructive talks with the US Justice Department are ongoing. According to PartyGaming CEO Jim Ryan, the company is on the brink of a “transformational acquisition”, meaning that a new round of mergers and acquisitions within the online gaming industry could stimulate the market. In addition, PartyGaming’s branded online gaming system could be further enhanced by a recent deal with a UK broadcaster.
We have mentioned this many times here at jackpot Avenue, at the moment there is a huge rise in rogue online casino guides you need to be very careful when picking an online casino guide. A rogue casino guide is a spammy site set up to make the operator money and usually sends players to online casinos that they think are reputable but are not. Jackpot Avenue is an online casino guide of reputable online casinos. We strive to provide the most reputable online casinos and have done for so for years. We are close friends with bonded casinos an online casino guide that is known for reviewing and advising players of the most reputable online casinos, we know what we are talking about. Stay away from online casino guides you have never heard of before and are only a few pages of content more often than not these are not trustworthy online casinos. Look for online casino guides that have been around for years and other casino guides recommend. Casino onliner and Arcada casino are classic examples of online casinos you can’t trust and have bad ethical practices. Read our reputable online casinos page and look at the rogue casinos page at Casinomeister this will sort out the wheat from the chaff. With so many online casinos out there all wanting you to play there is no need for you to play at any online casinos that are not regarded as trustworthy online casinos. Gambling is enough of a gamble with your money anyway don’t risk your money at the hands of bad online casinos and bad online casino guides.
With a recession on every bodies minds and Christmas around the corner I predict you will see allot of online casino bonuses popping up. Casino bonuses are similar to casino deposit methods when online casinos want to really encourage players they increase casino bonuses and casino deposit methods. Online casinos will increase the amount of bonuses to encourage players to play at online casinos despite bad financial times looming. Christmas is also a hugely popular time for casino bonuses as lots of people stay at home and gamble online when stuck in doors so online casinos do their best to attract the players. If you like your casino bonuses keep an eye out for them.
Merry Christmas to all our players from Jackpotavenue.com, we thought we would say it early this year as we tend to forget. We would like to thank all our players for trusting us for providing an online casino guide or reputable online casinos.
APCW has been running for quite awhile now with just J Todd running the show. J Todd is an excellent presenter and has kept many of us entertained as we follow the fight against the ban of online casinos over in the USA. Casino City which is a much larger company with many more staff and a much larger budget has taken over the APCW giving J Todd the chance to really take the show to a new level. It is great to see these two great companies combine and should hopefully give our industry a real boost.