Category Archives: Quick Hits Slot Machines

Ultimate Poker Shuts Down Nevada Online Poker Site once and for all



Danielle ‘dmoongirl’ Andersen had been mostly of the remaining Ultimate Poker pros still extant before the site announced it shut down in Nevada.

Ultimate Poker has shut straight down its Nevada online poker site, closing a run that is 19-month becoming the initial regulated Internet poker web site in the United States. The company has now become the first also to get rid of operations in Nevada, leaving just two other poker providers mixed up in state.

The Ultimate Poker closure will, at least for now, leave Ultimate Gaming with no active Internet video gaming operations in the United States. Two months ago, the company also pulled from the New Jersey market, citing the contractual issues it was having because of the Trump Taj Mahal.

Revenues Didn’t Live As Much As Expectations

‘Online poker revenues in Nevada have fallen far short of original projections,’ said Ultimate Gaming Chairman Tom Breitling. ‘Moreover, the state-by-state approach to online video gaming has created an extremely cost-prohibitive and operating environment that is challenging. These factors have actually combined to help make the course to profitability very uncertain and difficult. Consequently, we have determined to cease operations.’

Ultimate Poker suffered from what many saw as inferior software and a lack of brand recognition. But the site had hoped to make up for this in Nevada by beating your competitors to your market, s Continue reading

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Ontario Lottery Ready with First Regulated On The Web Gambling Web Site



The Ontario Lottery will soon launch PlayOLG.ca, which includes taken over four years from conception to completion, is big on responsible gambling features.

A new Ontario lottery will fleetingly make the province that is canadian 5th to launch a totally regulated online gambling platform, using the statement that PlayOLG.ca, operated by the Ontario Lottery and Gaming Corporation (OLG), is to launch ‘in the coming weeks.’

PlayOLG.ca is currently available to the 50,000-odd players of OLG’s Circle Rewards Program, who had been emailed on earlier this and asked to offer feedback ahead of official launch week. The site will have a selection initially of slot games and table games, such as video poker and roulette, as well as lottery products. These will be joined within the future by poker, bingo and recreations betting.

It’s been a long road to regulation for Ontario, which first announced its intention to offer online video gaming back in 2010 as an extra way to obtain income to plug the spending plan deficit.

The so-called ‘gray market’ has a huge customer-base in Canada, which has usually turned a blind attention to its citizens gambling on offshore web sites, but Ontario thinks it is losing out as an outcome. With an estimated half-million Ontarians gambling regularly on sites like PokerStars (recently acquired, of course, by Toronto-based Amaya), that’s somewhere between $400 million to $500 mill Continue reading

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Three Wynn that is original Everett Indicted for Fraud



Charles Lightbody, pictured here, aswell as two other people are accused of conspiring to cover up Lightbody’s ownership stake in land that was sold to Wynn Everett for the Everett, Massachuetts casino.

Three of the first owners of the land now destined to be the Wynn Everett casino in Everett, Massachusetts have been indicted by state and federal authorities. They allege that the men defrauded Wynn Resorts and lied to state regulators by hiding the identity of their partners. The indictment shouldn’t have an impact on Wynn’s winning bid to build the $1.6 billion resort.

Lightbody Ownership Stake Hidden

According to your federal indictment, three owners of the land went of the option to cover up the fact that Charles Lightbody, a known Mafia associate and a convicted felon, ended up being among the lovers whom owned the land. They certainly were said to have feared (and perhaps rightly so) that the Wynn bid for the Greater that is only Boston-area license could be discounted if Lightbody had been known to be an integral part of the land sale.

The three defendants each face federal fraud charges that could land all of them with up to 20 years of jail time. State fraud charges could carry another five also years in prison for each man. Lightbody has been held without bail until a hearing next week, as the other two landowners, Anthony Gattineri and Dustin DeNunzio, were released after their very first hearings.

‘We al Continue reading

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Experience Atlantic City on Auction Block for $90 Million Starter Bid



Florida investor Glen Straub has kicked from the auction bidding on Revel for $90 million.

Atlantic City’s Revel Casino is up for auction grabs, and a Florida property developer has offered $90 million in cash to acquire the home which was shut straight down for good last week. Glenn Straub, whom owns the 22,000-acre Palm Beach Polo and Country Club in Wellington, Florida, will now end up being the ‘stalking horse,’ or lead bidder, who may be outbid by competitors at an auction on September 24. Other buyers that are potential until September 23 to create offers.

Straub said this week that his offer was ‘an chance to turn things around. That’s what they need now; a brand new direction,’ he included. ‘Give us our six months, and we’ll really actually be open. In two years, we’ll be 100 % open.’

Which begs the question, just what will likely be open, precisely? This indicates unlikely that Straub will reopen Revel as a casino; the Revel Casino project, after all, ended up being a cataclysmic $2.4 billion failure with huge costs that are operational had been hemorrhaging $2 million per week when it shut. And besides, it seems Straub has a personal dislike of casinos.

Casino Physician

‘When everybody thinks of Atlantic City, they think of casinos,’ Straub told United States Of America Today, adding he dislikes the notion of Atlantic City as a casino city and will be uncomfortable with the idea of his fami Continue reading

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