Rabbit in the Hat Video Slot Release

8th April was a magical day because Microgaming launched the most anticipated slot game; namely the Rabbit in the Hat Slot video slot. The launch appeared on the Quickfire platform and from that day it can be found in all the leading Microgaming online casinos like All Slots Casino, 888 Canada and Vegas Palms.

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Details of Rabbit in the Hat magic show

From the name itself we can clearly understand that the subject matter of Rabbit in the Hat slot machine is based on a magic show. With the help of the signature trick the magician pulls out the rabbits from their individual hat. The best part of the game is that the sweet little animals are not only for the show, but they also come with some unique features such as numerous hats become visible on top of the five reels that help to generate the cash prize, wild reels and many more.

The players can select up to nine lines for each spin with the intention to get more chances to get the winning combination. The game slot is designed with such a vibrancy that everything stand out to the player in an attractive way. The magician will be found standing at the side of the reels with a good-looking assistant, who will join him in the game to provide help.

Get ready for video slot action

With each spin, the player gets the chance to win huge prices because the slot machine has the capacity to generate a win of up to 90,000 coins. In addition to this, the players get the chance to re-trigger the free spin games where without placing any bonus betting, they can win up to 50 spins of the reels.

For this reason Microgaming was very excited with the release of this video slot. And from April 2015 the Rabbit in the Hat game slot is available on flash formats, mobile and download options so that the players get an easily access the slot from any device. There is no need to utter any magical phrase in order to begin the game slot and the cute little bunnies are very keen to jump out as they are the leading light of the game show.

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B.C. Lottery Corporation prosecuted for allegations of taking cash from Casino

Gaming Corporation claims that BCLC has taken 18M USD from reserve in spite of prolonged protests.

B.C. Lottery corporation has been prosecuted by one of the biggest companies of B.C. for an amount greater than 18 million USD. In a civil claim notice from supreme court of B.C. the Great Canadian Gaming brought allegation against BCLC for drawing money from a trust account after years of agreement wherein it was agreed not to collect cash anymore.

Great Canadian has claimed that they have been raising their voice over this matter for many years now. The lawsuit explains that BCLC have always refused and also neglected to stop money collection. The lawsuit further claims that BCLC has illegally collected money without any entitlement or right.

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Termination of agreement

This lawsuit talks about the agreement of marketing trust account which was at some of point of time executed between casino companies of B.C. having more than three hundred slot machines and BCLC.

The companies used to contribute money to fund different programs that promote casinos in a positive manner by adhering to the social responsibilities.

In the lawsuit, it has been mentioned that in the year 2009, BCLC terminated that agreement by citing reasons that Great Canadian Casinos INC. need not make any further contribution.

But the Great Canadian Casinos INC has claimed that they have discovered BCLC has continuously collected revenues at the rate of 0.6 percent, even after the letter of termination.

The company has also said that they have repeatedly requested BCLC to stop the money collection. They have also claimed that they tried cautioning BCLC since the year 2010, but did not get any result.

As of 31st December 2014, Great Canadian Casinos INC. claimed that BCLC till date have jeopardized 18 million USD.

Chris Fairclough, the spokesman of BCLC has clearly expressed their disappointment on the allegation of Great Canadian casinos INC. He further added that his company will not comment on this issue because at the moment the case is in the courts right.

Great Canadian casinos Inc. has also refused to comment on this issue. Till date none of the allegations or claims has been proved in the court.

888 Holdings bring fixed Poker returns and high growth

Although 888 Holdings have not gained great success in the field of poker, they have maintained a steady position in the industry and have come up to the second largest position in the poker world (although its name comes after Amaya with a huge margin difference).

From the annual financial results of the company that released on Tuesday, it was revealed that the revenues of 888 are generally flat, because the revenues of 2014 that was $93.7 million and revenues of 2013 that was $93.6 million are compared then we do not find much of a difference in them.

It is very difficult to stand in the same position while passing through tough times of online poker. It is good for the company’s reputation. This is the reason why it became the most important player in Europe and also in the rising online poker markets of the United States.

Brian Mattingley, the CEO of 888 Holdings said that, the main product of their casino has given excellent performance in this field which reflects the position and tradition of the company in this sector. At the same time in the Poker Scout global rankings, 888 Poker has permanently fixed its position at number two at the year end. The terrific revenue growth of 115 percent from 888 Sport was the best part of 2014 and in the future, the company will experience more electrifying growth opportunities from this field.

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888 comes forward and holds the second largest position in online poker sites

Poker Star is the one and only undoubted leader of online poker traffic. In accordance with the recent figures of Poker Star, Poker Scout has earned 18,000 real money cash on an average from the game players within a particular time over the past week and they have the highest number of players that measure up to around 30,000.

888 Poker has held back its position in the second place, rising ahead of the existing second place holders such as Full Tilt, iPoker Network, Bodog and the PartyPoker.

PokerScout shows the recent seven day cash game traffic of 888 pokers at an average of 2,500 players. This average is far ahead from both the iPoker and Bodog, whose average is somewhere around 1,800.

It does not consider some of the distinguished market of 888, such as the site that is operated from Spain or the combined business with Caesars of the United States. The USA operated business will be improved within a short span of time, as the 888 has powered new sites in Delaware and Nevada which will soon begin to share traffic.

Tremendous growth in revenues exhibited in the record breaking year

The revenues of 888 have grown in 2014 up to 14 percent that is $454.7 million. Revenue for sports betting and bingo has also increased but the revenues for casino has increased to its highest limit by 16 percent. Their Business to Business operations have also grown substantially, and the revenue earned in the year was 32 percent.

Mattingley told that 2014 has been yet another record breaking year for 888 as they have again exhibited tremendous trends of profitability and increase in the revenues.

On Tuesday, the stock prices increased due to the tremendous performance of 2014. Dividend of seven cents per share was also announced for all the investors. Mattingley also claimed that 888 might go for acquisitions in order to consolidate their steady growth in the coming days. This claim was quite surprising for the public because last month 888 was almost on the verge of being taken over by William Hill.

Mattingley confirmed on Reuters that they are in continuous hunt for new opportunities

Mattingley also admitted about the challenges that they may face in 2015 but he has shown confidence to tackle them with ease.

Mattingley sounded optimistic about their opportunities in the context of present regulatory changes. He was confident while he expressed his hopes about 888’s chances of recovering against the adverse situations like Point of consumption Tax in UK and value added tax in some specific jurisdictions. He was also confident about 888’s possibilities of overcoming the challenges in the foreign exchange movement due to the power of dollar.

Gamesys Diversified their Online Gaming packages in the Deal they have entered with renowned NetEnt

Incorporation of technological specialization makes it obvious that the model of iGaming has gained sustainability to expand its gaming arena quite substantially. NetEnt, one of the top online gaming solution providers has entered into a contract of licensing along with the leading online gaming company of UK called Gamesys.

Terms: The terms of the agreement states that Gamesys is going to offer their wide variety of slot games adding to the comprehensive inventory of attractive gaming sites that includes Starspins, Virgin Games, Jackpotjoy etc.

Both NetEnt and Gamesys are committed in delivering an improved player experience and NetEnt promises that it will increase the leading status of Gamesys significantly in the existing regulated market. Enrico Bradamante, The Malta managing Director and the Chief of European Market Operations said that this confirmed the growth strategy of NetEnt.

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Complementary Technologies: Net Entertainment which operates in Sweden is going to offer a wide range of games in the B2C and B2B systems which were also used by Gamesys. Free Spins Casino and Casino Cruise are the two online casinos using NetEnt software.

Jackpotjoy Casino and Botemania runs on Gamesys software. Majority of the games that Gamesys will roll out will first appear on the sites which they operate for Intertain Group which is a majority holder of customer-facing assets for Gamesys since the finalization of the February deal in this year.

The strengths of the various iGaming players are integrated to provide a tough competition and the new deal has surely accelerated it. The combination has become a preferred business method over internal development of areas since the iGaming industry has already entered into an environment of specialization. The deal between the two is worth £425.8m with a ten-year service agreement by both Gamesys and Intertain which includes not only platform services but also gaming content.

Player Benefits: The outcome of the deal will be the strongest player experience possible in an environment of online gambling. The new technologies are ready to be developed in a better way individually before it is being incorporated into the hands of assorted, versatile and visionary provider companies who cannot meet the growing requirements of the players and the eventualities of the newly synchronized markets.

Revenue of River Rock Casino floated as stop-gap for social services

Chak Au, Richmond City Councillor says that the revenue of the casino pays for social services which are facing government cuts.

When the Richmond City Council proposed a new spending plan for the money generated from the River Rock Casino, Chak Au, another councilor suggested using the money in a fund which will be designed specifically to help the different social service agencies in the city.

The year before, River Rock Casino had generated $21 million for the city which was accelerated by 19 percent when compared to the preceding year and the profits show no signs of slump.

According to Chak Au, a part of the revenue from the River Rock Casino should be used for the funding of social services facing cuts. (Elaine Chau/CBC)

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A major part of the surplus revenue goes towards capital reserve accounts to pay debts and to fund RCMP officers, staff recommend establishing a Council Community Initiatives Account. This would offer a onetime initiative to boost social, environmental, recreation and sports, heritage, arts and culture, safety and security and infrastructure projects.

Au told The Early Edition’s Rick Cluff, “This fund actually duplicates what we have already set up. We have a grant program for recreation, arts and culture, social services and many other things,” He also added that they are putting more money for the same thing as things can be more creative.

Au’s main proposal aims at the establishment of a social services stabilization fund which will be available to social service agencies and one which can be used in case they are facing funding cuts from various levels of the government.

“This is a reality that we are facing. I know that people may argue this is not the jurisdiction of city government; however I think the reality is we have social service agencies facing funding cuts from time to time.”

Au added that he wants to see more consultation from the public as to how gaming revenues are to be spent for future projects.

Is time up for Bwin?

One of the bigwigs in online gambling Bwin has announced that it might be selling off a part or all of its online gambling business.

Not a pointer to things to come

The surprising announcement is not as surprising as it appears initially. Even though Bwin is a successful company and one of the best in business it cannot continue in its same form. This is because for a company it is very difficult to adapt to all the opposition legislation which is present as a part of its primary markets. And this is exactly what Bwin is experiencing with the slow moving online poker markets in Europe.

At its infancy a few years ago it seemed the best company in a position to capitalize on a new design of opportunity that online gambling had represented a few years before. Bwin was made from a merger between sports betting company Bwin and the online poker enterprise PartyGaming in 2011. And as of November Bwin has said it’s looking out for options which would help it to divest.

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Some options for Bwin

Amaya the Canadian firm which has been seen on an aggressive buying spree is rumored to be one potential suitor. Last year itself it acquired the online gambling giants PokerStars and Full Tilt Poker.
The official information from Bwin by its chairman Phillip Yea is even though it would not disclose the names of Bwin, the company is in a number of secondary talks with potential suitors.

Market failure in the pipeline?

The success of any business model depends a lot on the integrated model system it caters to. Sovereign governments in EU remain unstable and unpredictable and stability for online gambling depends a lot on the regulations and other processes in each country.
The reality thus is that online gambling providers need to wait on the sidelines while governments across the world work out their regulations and remove unfavorable business conditions to facilitate online gambling businesses.

A way out

A model which is not reliant on only projected expansion but also majorly focuses on the tangible markets in these countries which online gambling is properly regulated can temper unrealistic or projections that seem to be utterly ambitious and thus help in guarding against bad investments towards lowering of operational costs.

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Expansion of the online gambling sector in North Vancouver

Recently, the authorities of North Vancouver are considering the possibility of triggering a green signal for the establishment of a new casino in the region. This will lead to the further expansion of the Canadian gambling Industry as one of the most revenue-driven one.

It is precisely defined as a “gaming center” which will be located at Lower Lonsdale’s Shipyards District.

Gambling activities have been prohibited in the North Vancouver for more than twenty years. The success of building the casino would start a new era in the history of the place. The result of the open polling by the members of the City Council made it clear that establishing slot machines in the area is not that distant anymore.

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The question for the legalization of the gambling activities is not new. In 2013 also, Playtime Gaming had asked for the permission to establish slot machines in one of the fast developing areas Shipyards District.

According to media reports, the proposal from Playtime Gaming included not only the expansion of the retail sector but also the burgeoning of hotel and resort accommodations. A public theatre and green open spaces along with an underground parking is also included in the proposal as a part of the entertainment and cultural facilities. The inclusions of the slot machines are also suggested.

Though the result is still uncertain, still it seems like Playtime Gaming is moving closer to complete its project.

With six thriving community gaming centers, Playtime Gaming is regarded as the company with leading positions in the gambling sector of British Columbia. Their casinos are different from the traditional brick and mortar ones as they feature slot machines and electronic blackjack only.

The advantages and disadvantages of expanding the gambling sector would be discussed by the local officials.

The impact of the gambling activities on particularly economy and communities will be reviewed.

It was announced that many questions are there which needs to be discussed before finalizing the decision.

Economy benefits, the diversification of the gaming centre and the source of getting decent revenue are some of them. However, one major concern also includes that gambling legislation can also increase criminal occurrences and complicate several social issues.

Majority of the local authorities support the legislation and the officials of North Vancouver do not underestimate the benefits that the gambling legislation would bring to the region. Now, it depends on time whether the gambling sector of North Vancouver is going to be expanded or not.

Steam Tower released by NetEnt

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One more addition to the list of games, Steam Tower has been released by the Software developer Net Entertainment after last month’s release of the Tornado: Farm Escape. The new game is available both on the desktops and on NetEnt’s Touch mobile portfolio which supports iOS, Android and Windows platforms.

Steam Tower is also very creative and has an original theme just like the other games from NetEnt. It explores the steampunk theme that is again becoming popular in our days. The game takes place in a very stylish 19th century with Victorian setting and is built on 5 reels, 3 lines and 15 pay lines. The goal of the game is to rescue a princess from an evil dragon and stranded at the top of a tower. The player or the hero of the game has a bearded chin and is equipped with a grappling hook that he uses to climb up on the tower.

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