An international casino company, Century Casinos, Inc. operates a channel of casinos in Colorado announced that it has come into an amendment to the sale agreement for its South African subsidiary Century Casinos Africa Limited. According to the amendment, Tsogo Sun Gaming Limited is the buyer who surrenders its rights under the material adverse event clause and decided to close the sale on June 30, 2009, in spite of that the last and final regulatory approval (from the KwaZulu-Natal Gambling Board) has not yet been received.
Upon closing of the sale on June 30, 2009, Century Casinos will receive a net cash amount of approx. ZAR 254 million (approx. $31 million). Once the approval of the KwaZulu-Natal Gambling Board has been obtained, an additional net cash amount of approx. ZAR 103 million (approx. $13 million) becomes payable to Century Casinos.
On the other hand, their Austrian subsidiary, Century Casinos Europe GmbH, holds another ownership interest of 33.3% in Casinos Poland Ltd, the owner and operator of seven full casinos and one slot casino in Poland. The Company continues to pursue other international projects in various stages of development.
Tuesday, June 16, 2009
Tuesday, June 9, 2009
Gambling updates from US
As per the recent surveys on US gambling scenario, the situation is much better than before. To develop the entertainment and recreation sources for the Gamblers, many states are undergoing changes. However, online gambling and casinos are still waiting for the Legalization permit. On the other hand, states like Atlantic City, and the Gulf Coast and some other areas outside Las Vegas are providing brick and mortar casinos across the country.
Pennsylvania also got the approval to offer slot parlors and new casinos and they are now readily working to launch some new casino. North Dakota, California, Florida, Illinois are the world famous places and are known for their casinos and gambling clubs throughout the world. Including these States there are almost 40 other states, which are providing legal gambling corners and casinos.
However, people are demanding to include gambling as a part of entertainment and to add casinos in current laws. Some others are demanding a prohibition of smoking in public places and restaurants.
Pennsylvania also got the approval to offer slot parlors and new casinos and they are now readily working to launch some new casino. North Dakota, California, Florida, Illinois are the world famous places and are known for their casinos and gambling clubs throughout the world. Including these States there are almost 40 other states, which are providing legal gambling corners and casinos.
However, people are demanding to include gambling as a part of entertainment and to add casinos in current laws. Some others are demanding a prohibition of smoking in public places and restaurants.
Tuesday, June 2, 2009
May News Updates
This week brushing up all the news bits from the the world of casino, check for the updates from the month of May 2009
- Sand casino resort open casino at famous Bethlehem steel mill.
- Casino profits sink 38 percent in first quarter. The first quarter traditionally is the slowest time for casinos because of the dreary winter weather. Gaming revenue was down in January, February and March as the recession and competition from the Pennsylvania slot parlors continued to erode Atlantic City's customer base.
- A gambling addict who is suing Melbourne's Crown Casino has told the Supreme Court he was advised to use a special bank account to disguise where his money was going.
- Aladdin’s Lamp Jackpot Tops €2,000,000.Jackpot gives Boss Media powered online casinos the biggest jackpot pool anywhere.
- 3D Casino Has its 3rd Six-Figure Jackpot Winner.WinADay.com online casino slot player nets over $100,000.
- Cavaliers go into this week’s Conference Final against Orlando as favorites to win the 2009 championship while the Los Angeles Lakers remain second.
Monday, May 25, 2009
New Cryptologic games online
As per the gambling news website another version of online game has recently been launched which is much similar to blackjack. These games are launched as the cryptologic games of 2009.
According to Vice President of CryptoLogic, Justin Thouin, “Our impressive list of branded casual games already includes Bejeweled, Cubis, Sudoku and Jewel Quest. The addition of Jenga strengthens CryptoLogic's position as the premier innovator in Internet casino software.”
Jenga
This game involves building a tower of wooden bricks, then removing bricks one by one, and placing them back on top of the tower as carefully as possible in an effort to avoid making the whole thing topple over. It’s a simple concept but one that has delighted both kids and adults for decades. The slots version of Jenga has 18 pay lines, and players can choose to play 9 or all 18 lines for a maximum jackpot of 50,000 coins.
4 Deck Atlantic City Blackjack
This online blackjack game has played with four decks and makes use of Atlantic City game rules. The game starts with the dealer, where the dealer gives himself two cards before the players have made their own decisions. The 4 Deck Atlantic City Blackjack game also possess a higher payout percentage than regular eight deck games, but players should note that the minimum bet is also higher.
According to Vice President of CryptoLogic, Justin Thouin, “Our impressive list of branded casual games already includes Bejeweled, Cubis, Sudoku and Jewel Quest. The addition of Jenga strengthens CryptoLogic's position as the premier innovator in Internet casino software.”
Jenga
This game involves building a tower of wooden bricks, then removing bricks one by one, and placing them back on top of the tower as carefully as possible in an effort to avoid making the whole thing topple over. It’s a simple concept but one that has delighted both kids and adults for decades. The slots version of Jenga has 18 pay lines, and players can choose to play 9 or all 18 lines for a maximum jackpot of 50,000 coins.
4 Deck Atlantic City Blackjack
This online blackjack game has played with four decks and makes use of Atlantic City game rules. The game starts with the dealer, where the dealer gives himself two cards before the players have made their own decisions. The 4 Deck Atlantic City Blackjack game also possess a higher payout percentage than regular eight deck games, but players should note that the minimum bet is also higher.
Monday, May 18, 2009
Stillness at Atlantic City Casinos
The casinos at Atlantic City are now experiencing distressing quietness due to winter season. This has lead to the settling down of slot machines as well as the vacant gambling tables with lonely dealers. However, another reason can be the influence of recession, while other predicted cause is the tough competition among the slot parlors at Pennsylvania.
As the Jersey shore started receiving a positive signature, rest other casinos are also planning to reverse the percentage drop in the gambling revenues by 6 % as compare to the previous years. Casinos are also planning for the other events and facility, to drag the players like the poker tournaments, beach bars, food festival and many attractive bonus and promotional offers.
In addition, Trump Marina and Trump Plaza have started with outdoor bar, dining, and amusement venues replacing their umbrella drinks and cold brews for the weekends. Another highlighted event at the Deck, which overlooks Trump's marina, will be FakeFest, with tribute bands mimicking famous groups. However the tickets are free for the event from June 26-28, with a cover charge for men ($5- Friday; $10 Saturday-Sunday).
As the Jersey shore started receiving a positive signature, rest other casinos are also planning to reverse the percentage drop in the gambling revenues by 6 % as compare to the previous years. Casinos are also planning for the other events and facility, to drag the players like the poker tournaments, beach bars, food festival and many attractive bonus and promotional offers.
In addition, Trump Marina and Trump Plaza have started with outdoor bar, dining, and amusement venues replacing their umbrella drinks and cold brews for the weekends. Another highlighted event at the Deck, which overlooks Trump's marina, will be FakeFest, with tribute bands mimicking famous groups. However the tickets are free for the event from June 26-28, with a cover charge for men ($5- Friday; $10 Saturday-Sunday).
Tuesday, May 12, 2009
Black list for the Online Gambling Sites Released
The black list for blocking certain internet casino has been released. Few days back Minnesota demands for the release of the list. Interactive Media Entertainment and Gaming Association published this on their website with a bunch of almost 200 online gambling sites.
iMEGA Representatives also give their statement on the apparently random and carelessness of the list, compiled by the Minnesota Department of Public Safety. Some well-known gaming sites were left out of the list, while incomprehensible sites that don't even do business in the US are included to the list.
“To propose censoring Minnesota residents’ Web access and not to know which sites are even in the US market makes me wonder just how seriously the DPS is taking this action. It comes off as a half-baked attempt at intimidation rather than thoughtful enforcement,” says Joe Brennan Jr., chairperson of iMEGA.
The list comprises the correspondence to the eleven ISPs contacted and ordered to execute the censorship. The weight of the command is backed by an implied threat contained in a reference to copies of the demand being sent to the Federal Communications Commission.
iMEGA Representatives also give their statement on the apparently random and carelessness of the list, compiled by the Minnesota Department of Public Safety. Some well-known gaming sites were left out of the list, while incomprehensible sites that don't even do business in the US are included to the list.
“To propose censoring Minnesota residents’ Web access and not to know which sites are even in the US market makes me wonder just how seriously the DPS is taking this action. It comes off as a half-baked attempt at intimidation rather than thoughtful enforcement,” says Joe Brennan Jr., chairperson of iMEGA.
The list comprises the correspondence to the eleven ISPs contacted and ordered to execute the censorship. The weight of the command is backed by an implied threat contained in a reference to copies of the demand being sent to the Federal Communications Commission.
Friday, May 1, 2009
Catch Derby Bets at Online Casinos
Covering the news from the betting of gambling, this edition is dedicated to the Merging of online casinos with the sports betting races. Online casinos are providing the special video at their rooms that will help the member to bet on two individual races.
As there were, no such options available for the viewers who bet through TV, these casinos offer special opportunities to all such viewers. The online casinos also trying to confirm that each member will be the part of the races and for the same reason they have included the mobile devices as a connecting medium.
This weekend 135th annual Kentucky Derby is hosting and many casinos are eagerly waititng for the live races. However, the casinos are also offering additional perks like cash back promotions, sign up bonuses, casino credits, and even a Million Dollar Triple Crown Challenge.
In addition, these promotions are beneficial for the promotions of the casinos as well as the sports betting at Derby races over the internet. Secondly, it will be a golden chance for the gamblers who are interested in both sports bets and casino gambling.
As there were, no such options available for the viewers who bet through TV, these casinos offer special opportunities to all such viewers. The online casinos also trying to confirm that each member will be the part of the races and for the same reason they have included the mobile devices as a connecting medium.
This weekend 135th annual Kentucky Derby is hosting and many casinos are eagerly waititng for the live races. However, the casinos are also offering additional perks like cash back promotions, sign up bonuses, casino credits, and even a Million Dollar Triple Crown Challenge.
In addition, these promotions are beneficial for the promotions of the casinos as well as the sports betting at Derby races over the internet. Secondly, it will be a golden chance for the gamblers who are interested in both sports bets and casino gambling.
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