Gambling News - September 09

It's all go here this week so we're lumping all the snippets together to give you a quick overview.  This weeks gambling news features on Net Ent, VIP Casino, a new Gtech online casino and finally "Banning Online Gambling Not the Answer."

Good Half Year Performance for Net Ent
The Swedish gaming company, Net Entertainment saw its year-on-year revenues rise by 52.6% in the first half of this year, showing a sum of $19.35 m. The group’s profits also increased significantly by 65.4%, and Net Ent posted a total of $7.6 million. “Overall, we have a good momentum and the performance in the second quarter is in line with our expectations,” said Johan Ohman, the President and CEO of Net Ent. Five new license deals were signed for the group’s Casino Module product, and another two for its Casino Café brand in the first half of the year.

VIP Casino Running Blackjack Freeroll
Quality online casino site, VIP Casino, backed by Cryptologic software, announced a lucrative blackjack freeroll casino tournament that will run throughout September. Registering for the tournament will have the player’s account credited for $500 and the player then has 10 minutes to accumulate as much winnings as possible. The top 20 players on the leaderboard will share the $6000 prize pool that has been guaranteed by VIP Casino, with the first place winner taking home $600.

New GTech Online Casino
LGH Ltd. has launched a new online casino, Chance Room, off the GTech platform, bringing players a new sportsbook, poker and casino product using one streamlined payment system. The rewards on this site promise to be extra lucrative, with Chance Room announcing “unique incentives for regular players”. 

Management also said that they have “chosen one of the most innovative and reputable providers to make sure our players enjoy the best experience possible.” The new online casino will be available in both English and French and will try to reach players from all around the globe. “Every month we'll award bonus cash to the winners of our Points Race, the top point scorers in each casino game that month,” added a spokesman for the site.

Banning Online Gambling Not the Answer
Gambling opponents who love to suggest that online casinos increase problem gambling should listen to what the experts have to say. The Executive Director of the Nevada Council on Problem Gambling, Carol O’Hare, said that the availability of online gambling did not increase the number of compulsive gamblers and that Prohibition was not the answer to the issue.

“Problem gambling is not going away because somebody puts it in a corner or puts the casino too far out of town so that we don't drive there or take it off the internet,” said O'Hare in a recent interview. “We tried Prohibition in this country once. It didn't work.”

Karma: 8 9