CasinoCoin being re-launched following takeover

In the world of online gambling, the CasinoCoin open-source peer-to-peer crypto-currency has been taken over by the newly-established Double C Foundation and re-launched with the aim of bringing the innovation to a wider audience.

The non-profit Double C Foundation stated that it will now aid the development of CasinoCoin from new offices in the Isle of Man and be supported and advised by a small team of online gaming industry lawyers, executives and consultants.

“The only sustainable way forward for crypto-currency in the gambling world is to work with regulators and operators from day one and focus on regulated markets,” read a statement from John Caldwell, Advocacy Director for Double C Foundation. “Our aim with CasinoCoin is to provide a currency and related technical tools that are designed and accessible for both operators and ordinary players in the regulated gambling industry.”

Double C Foundation additionally declared that it intends to “lead the industry” in terms of “best-use practice standards” and is currently in the process of developing new integrated technologies for CasinoCoin encompassing know-your-customer, anti-money laundering and responsible gaming features.

“We are excited to reintroduce CasinoCoin to the industry and believe [Double C] Foundation will play an integral part in driving the coin’s future success,” read the statement from Caldwell, who previously worked in a senior marketing role for PokerStars.

CasinoCoin being re-launched following takeover was last modified: September 26th, 2017 by Adam Morgan


Amaya appoints new Chief Technology Officer

Leading provider of technology-based products and services, Amaya Inc. (NASDAQ: AYA ), announced Wednesday that it has appointed former technology consultant for Partis Solutions, Jerry Bowskill, as its new Chief Technology Officer, effective immediately.

Dr. Bowskill’s responsibilities include the overall technology performance and strategy of the business, according to PRNewswire. The Canadian gaming and online gambling company’s new Chief Technology Officer will report directly to Rafi Ashkenazi, Chief Executive Officer of Amaya. Dr. Bowskill will reportedly lead and execute the strategic technology vision of the online gambling company’s business in order to maximize the potential of its growing product suite and its impact on the millions of current and future Amaya customers.

Dr. Bowskill will head a team of more than 300 developers and technologists worldwide.

Mr. Ashkenazi said, “Jerry’s wealth of technical expertise and commercial experience will be a great asset for our gaming and interactive brands. I look forward to working closely with him again,” according to the news release.

Dr. Bowskill commented on the appointment, saying, “I am excited to be joining such a continuously evolving consumer tech company and to help lead its growth through the efficient delivery of high quality products and services, development of innovative new products, and continued expansion of its offerings.”

Prior to a brief stint at Partis Solutions, from January 2017 to June 2017, Dr. Bowskill’s previous roles have seen him work at TouchTunes Interactive Networks, Scientific Games, and SG Interactive.

Dr. Bowskill began his professional career as a research scientist and has held several roles within British Telecom’s advanced applications & technology research group. In his role as researcher, he has authored more than 40 academic publications and was a research associate at the Massachusetts Institute of Technology’s “Media Lab.”

Headquartered in suburban Montreal, Quebec, Canada, Amaya owns gaming and related consumer businesses and brands including, BetStars, PokerStars, PokerStars Casino, Full Tilt, StarsDraft, and the PokerStars Championship and PokerStars Festival live poker tour brands. Through certain of these brands, Amaya also offers non-poker gaming products, including sportsbook, casino, and daily fantasy sports.

Amaya appoints new Chief Technology Officer was last modified: June 16th, 2017 by K Morrison


del Lago Resort & Casino to debut new slot technology this weekend

The del Lago Resort & Casino in upstate New York is preparing to debut new technology this weekend with an interactive slot tournament on the schedule for this Saturday. The media has been invited to demo the new slot game to see just how the casino is launching something new to the region, with leading-edge technology.

The slot tournament will take place this Saturday from 5 to 9 pm with $20,000 up for grabs being split between the top five winners. Players will find the new technology provides a simpler and more convenient way to play at the casino.

With the new technology, when issues arise during tournament mode, slot techs will not have to place a section of machines out of service to repair the problem. Guests will no longer have to wait in long lines to compete in a tournament at the del Lago. The new technology allows players to participate in slot tournaments in their seats from any slot game they choose, as well as see what place they hold in the tournament from the slot game or television display. This makes the del Lago the most convenient casino to offer slot tournaments.

Guests of the casino who have earned 50 points on the casino floor, or 100 points via the high limit room, will be able to play their favorite slot games with their player card and choose to join in the tournament automatically. The option will pop up once the tournament begins so players never have to leave their seat to take part.

Another bonus to the new technology is the option for players to order drinks from their game. Simply use the touch screen and a server will provide the selected drink while the player enjoys game play. On top of these changes, the online casino also recently launched their del Lago Players Reward Card program. This new program allows the casino to become a gateway of sorts for the region of the Finger Lakes.

With the new program, players not only earn rewards for the casino but they also have the ability to redeem casino reward points at local retailers in Finger Lakes. This includes such businesses as Knapp Winery, Muranda Cheese Company, Ciccino’s Pizzeria & Restaurant and more.

The media have been invited to take part in a demo of the new technology this morning at 10 am at the del Lago Resort & Casino. Members of the media will be able to use cameras to shoot the games as they take place as well as actually play the games and order a drink. Executive Vice President and General Manager Jeff Babinski (pictured) will be on hand to discuss why the technology is so important to the venue and why the del Lago is the only casino in the area to offer the convenience to guests along with many other benefits. The Players Reward Club partnership program will also be discussed along with information about the opening of the hotel and spa on July 1st.

del Lago Resort & Casino to debut new slot technology this weekend was last modified: June 22nd, 2017 by Marie Kelley


BetTracker mobile sportsbetting app rolled out across Great Britain

Ahead of next month’s start to the domestic football season in the United Kingdom, gambling software innovator Playtech has announced that the BetTracker product from its Playtech BGT Sports subsidiary has gone live with a host of bookmakers including BoyleSports.

Isle Of Man-based Playtech explained that the BetTracker sportsbetting application, which can now also be utilized at shops run by BetFred, JenningsBet, Sean Graham and Corbett Sports, allows punters to transfer any wager placed on a land-based venue’s self-service betting terminal to their mobile device before subsequently collecting their winnings in cash at any of the same operator’s outlets.

“BetTracker has been a fantastic addition to the retail sector since its launch and we’re pleased that many of our existing partners are now offering it to their customers,” read a statement from John Pettit, United Kingdom, Ireland, Asia and Australia Managing Director for Playtech BGT Sports. “The unique app provides players with much greater choice to improve the user experience and, in turn, boost incremental revenues in shops as it attracts new and existing customers alike.”

Playtech declared that BetTracker, which is accessible via Apple and Android-powered devices, allows operators to “improve the multi-channel experience” for their retail customers as users can “monitor and cash-out shop bets on their personal mobile device” and is to moreover become available at Joe Jennings Bookmakers, David Pluck and Chisholm Bookmakers venues “in the coming weeks”.

“With the football season kicking off soon, we are hoping to carry on the momentum and are confident this roll-out will contribute significantly to that,” read the statement from Pettit.

BetTracker mobile sportsbetting app rolled out across Great Britain was last modified: July 7th, 2017 by Adam Morgan


Quickspin bringing Second Strike to Ladbrokes retail estate

Online gambling software innovator Playtech has announced that its Quickspin video slot development subsidiary has signed a deal to introduce its very own Second Strike game onto more than 7,700 retail terminals operated by Ladbrokes Coral Group in the United Kingdom.

The ten-winline game is the first shop-focused product Quickspin has developed since it was acquired by Isle of Man-based Playtech in March of 2016 and is set to appear on land-based terminals in Ladbrokes-branded outlets across Great Britain over the next few weeks.

Playtech declared that Second Strike is the product of a “close collaboration” between its Quickspin and Psiclone Games Limited subordinates with the former developing the title subsequent to the latter converting it to meet all of the retail specifications and regulations of the United Kingdom.

“We’re really proud of Second Strike,” read a statement from Daniel Lindberg, Chief Executive Officer for Stockholm-based Quickspin. “Designing a game specifically for United Kingdom retail players but equally making it available across all other channels is a first for us but equally it has been a wonderful project and a challenge our team have risen to. The result is a high-quality game with superior gameplay and a series of incredible features that I’m very confident players will really enjoy.”

A video slot that sees players required to collect three, four or five matching symbols adjacent on a winline in order to triumph, Second Strike additionally offers the Bonus Track, Second Strike and Super Second Strike bonus features.

“Bonus Track is a trail of symbols located around the outside of the reels that is activated on any win,” read a statement from Playtech. “Symbols that formed the reel win [with the exception of] wild symbols are randomly lit on the Bonus Track and a marker begins traversing the track in a clockwise motion. Landing on a dimmed symbol mean no win while landing on a lit symbol activates the Second Strike feature. Players are also able to opt for Mega Spins and are awarded a power-up of five reel spins and Wild Strike, a bonus where a floating wild symbol moves clockwise around the outside of the reels.”

Quickspin bringing Second Strike to Ladbrokes retail estate was last modified: July 9th, 2017 by Adam Morgan


The Dead Escape from Habanero Systems

After launching its Panda Panda title in mid-May, online casino games developer Habanero Systems has returned with its latest video slot in the five-reel and 30-payline The Dead Escape.

Described as an “apocalyptic new slot”, the horror movie-inspired The Dead Escape follows a father and daughter as they bid to get away from blood-thirsty zombies that have taken over their world. The video slot sees lines paying both ways while players that collect a trio of scatter symbols can trigger a special bonus round where 15 free spins are awarded as the family duo battle their enemies for survival.

“The Dead Escape is one of our most thrilling releases yet with players spinning their way to safety from the zombie invasion,” read a statement from Toni Karapetrov, Corporate Communications Head for Habanero Systems. “The gory graphics and spine-tingling soundtrack will keep players on a knife-edge in what is sure to be an intense gaming experience.”

The launch of The Dead Escape additionally follows recent premieres in Bird of Thunder and Fire Rooster while Habanero Systems declared that it now offers over 75 video slots alongside nine table games and 50 video poker titles, which are available at in excess of 45 online casinos that offer services in 21 European and Asian languages.

The Dead Escape from Habanero Systems was last modified: July 22nd, 2017 by Adam Morgan


Resorts Casino Hotel introduces online daily fantasy sports contests

The oldest land-based casino in New Jersey has reportedly taken the bold step of introducing real-money online daily fantasy sports games with the premiere on Monday of its FastPick service.

According to a report from The Associated Press news service, the FastPick innovation from Resorts Casino Hotel, which is operated by Mohegan Gaming and Entertainment, requires players to select three to ten players from a series of head-to-head match-ups across a range of sports. These picks then constitute a customer’s line-up with the remaining selections assigned to the house. A patron can then win cash if all of their selections amass more points than those allocated to the casino.

As an example, the news service reported that FastPick will allow patrons to choose whether New England Patriots quarterback Tom Brady or Green Bay Packers signal-caller Aaron Rodgers will have a better statistical National Football League (NFL) day on a given Sunday.

Resorts Casino Hotel, which became New Jersey’s first casino when it opened its doors in May of 1978, reportedly revealed that its new daily fantasy sports service has initially been launched online but that it hopes to have kiosks up and running on the gaming floor before the start of the latest NFL season in early-September.

“I am very excited about this new business,” Mark Giannantonio, President for Resorts Casino Hotel, told The Associated Press. “We expect it to be exciting for our online customers and soon for those who play at our casino. The idea has always been for the bricks-and-mortar casino to be integrated as much as possible with our online business.”

Steve Doty from the American Gaming Association industry trade group told the news service that he was not aware of any casinos outside of Nevada that offer real-money daily fantasy sports games while the man behind TheFantasySportsCave.com website, Giovanni Garcia, declared that Resorts Casino Hotel may have found a way to persuade sports fans to visit.

“I won’t really want to go to a football game,” Garcia told The Associated Press. “I would rather stay at home and watch all the games. But if [Resorts Casino Hotel] make it an experience, offer all the games to watch and meet all my needs, then I’ll go to a casino and I’ll spend money on food and drinks and probably play poker and blackjack while I’m there, too.”

This sentiment was echoed by Joe Pollock from TheFantasyTakeaway.com fantasy football-focused domain as he reportedly explained that he was now interested in visiting the Atlantic City casino in order to try out the FastPick service.

“A lot of people do not know the rules of casino table games but really a lot of people know how to play daily fantasy sports,” Pollock told The Associated Press. “It is something pretty simple that can be attractive to them.”

Resorts Casino Hotel introduces online daily fantasy sports contests was last modified: July 18th, 2017 by Adam Morgan


“Bar fleas” not wanted; new technology makes it more difficult to get free drinks at casinos

Apart from high slot payouts and a good buffet, free drinks at a casino are a sure way to keep ‘em coming back for more. Soon, however, your favorite casino could be implementing new technology that will let staff know if your level of play qualifies you for your next complimentary round.

Las Vegas casinos are tightening their belts; it started with parking, with MGM Resorts International (NYSE: MGM) leading the way with its $90 million parking initiative announced in April last year. Followed by Caesars Entertainment Corp. (NASDAQ: CZR) and Wynn Resorts (NASDAQ WYNN), implementing their own new parking policies not long after. Now casino operators are taking a hard look at another perk that has lured gamblers for decades to complimentary drinks.

Thanks to a Las Vegas-based company, Ardent Progressive Systems & Games, which specializes in Slot Accounting and Player Tracking Systems, High Definition Premium Games and Complimentary Validation Hardware, drink monitoring systems could be the norm, not just in Las Vegas but in Vegas-style casinos all around the U.S. that offer gamblers complimentary drinks.

The comp validations system consists of blue, green and red LED’s pointed at bartenders notifying them for comps. According to information obtained from Ardent’s website, the “standard suggested operating procedures” for its complementary validation system are:

  •  Blue Light On – Guest has inserted a total of $$ (bills/tickets) into the machine and is qualified for a complimentary beverage.
  •  Blue Light Off – Guest has inserted less than $$ (bills/and tickets) into the machine and does not qualify for complimentary beverage.
  •  Green Light On – Guest has achieved required minimum level of play and is qualified to received continued complimentary beverages up to $XX per beverage
  •  Green Light Off – Guest has not achieved required minimum level of play and is not qualified for complimentary beverages.
  •  Red Light On – Guest has achieved 10 times required minimum level of play and is qualified for premium beverages up to $XX per beverage.
  •  Red Light on and Flashing – Guest has fallen out of qualification for complimentary beverages.

The website further states that the “new comp validation system completely eliminate bar fleas that don’t deserve beverage comps 24X7”.

According to an article published by The Wall Street Journal on April 18, 2017, once again MGM Resorts International is leading the way and is piloting a program at its MGM Grand located on The Strip, where a voucher prints when a patron has spent enough playing bar-top video poker. The goal was, according to Alan Feldman, ‎Executive Vice President at the Las Vegas-based MGM Resorts, to allow bar staff to be free from having to account for who was and wasn’t playing and instead focus on hospitality.

WQAD News 8 reports that the technology’s creator, Albert Tabola, said, “It gets rid of the people that want to hang around and play a quarter and try to basically, I don’t want to use the word scam, but basically take advantage of the system.”

Tabola went on to tell WQAD that the system is already being used by Caesars Entertainment in their hotels and have reportedly seen a savings of 35 percent on comped drink costs since instituting the technology. According to the news agency, Tabola says that consistent players won’t be affected and will still receive comped drinks; only people who want something for nothing will be affected. He is reportedly working on getting local casinos on board.

“Bar fleas” not wanted; new technology makes it more difficult to get free drinks at casinos was last modified: July 26th, 2017 by K Morrison


What happened to the bitcoin blockchain August 1, 2017?

The bitcoin community recently faced a critical moment with some in favor of the recent “fork” that forced the blockchain to split, and others vehemently set against it. If that’s all a foreign language to you, the change likely had no effect on you or your finances. It was still an important development in the cryptocurrency sphere of finance that will have long lasting effects. It could eventually affect everyone.

What happened on August 1, 2017, is that users activated a “hard fork” in the blockchain. The blockchain is a decentralized database, or digital ledger used to record bitcoin transactions. It is stored across multiple computers. The blockchain is the technology behind the bitcoin digital currency.

What this hard fork did was create a “node” called Bitcoin ABC. It basically split off a new digital asset called Bitcoin Cash that will operate under rules different to the ones used by the original bitcoin currency. Each has its own value. Everyone who held Bitcoins received Bitcoin Cash. Some will use it, some won’t. The new currency started off with about one-tenth of Bitcoin’s value and the price has fluctuated wildly since its creation – hitting a peak of $756.93 before falling to $284.89 earlier today.

In other words, the hard fork created an opportunity for savvy and fearless investors to make a killing if they unloaded the new currency at its peak. Many analysts suggest that the current price is not likely to hold steady. It is a volatile commodity, even more so for now than the original currency is. One year ago the bitcoin value was $588, it peaked at over $3,000 in June, fell to about $1,939 on July 16, and is currently trading at about $2,890. The value was not significantly impacted by the fork – so far.

The main reason given for bitcoin splitting is a matter of scale. As digital currencies become more popular they are traded at higher volumes. Only 1 megabyte of transactions can be processed at one time on the blockchain of July 31, 2017. As demand for transactions grows, the processing time slows down. This latency can create vulnerabilities for companies accepting bitcoin. But that is not the overriding concern of change advocates. They want the network to be able to handle transaction more efficiently as digital currencies rise in economic importance.

Bitcoin Cash increases the limits to 8 megabytes – but that too could become a limiting factor in time.  Now, after the fork, each blockchain can function with its own rules and a “civil war” may have been averted.

One of the major players in the cryptocurrency game, Coinbase, said they would not support the new blockchain – i.e. would not trade in the new currency. As of today, part of that position has changed. Coinbase now says they will support the fork next year but have not committed to trading. What that means is that users can withdraw value in Bitcoin Cash after January 1, 2018, according to a report on Tech Crunch.

Some observers are speculating that the Coinbase cold reserves fell by 50% when customers unhappy with the decision to stick with only the original blockchain made a “run on the bank” withdrawing their value. We have not been able to independently confirm that, but the Coinbase policy change may be an indication.

What the split means to online casino players depends on who they have a digital wallet with. For people who use Coinbase nothing has changed. They can still deposit and withdraw instantly and can still convert digital currency to cold hard cash. Click the following link for a partial list of casinos accepting bitcoin. One US facing casino to use the cryptocurrency is WinADay.eu.

What happened to the bitcoin blockchain August 1, 2017? was last modified: August 4th, 2017 by Lars Jones


Coingaming Group developer pens white paper on double-spending solution

Even the unhackable Bitcoin presents certain security flaws as the currency is exchanged with fiat money. One of the leading currency exchange services, Coingaming Group, is stepping out ahead of any such problems that could occur with a potential solution for those operating on the Bitcoin network.

Erich Erstu is a developer for Coingaming. He has penned a white paper for the group that addresses a possible solution for “double-spending attacks” entitled, “Disincentivizing Double-Spending by Making it Unprofitable”.

If implemented, the solution could help Bitcoin businesses reduce the costs associated with fraudulent activity and remain more efficient, and therefore more competitive. Just like it sounds, double spending means using the same money more than once. Product and service providers often provide their wares before a payment is confirmed on the Bitcoin network. Confirmation takes time and resources.

Erstu’s solution involves using the free market in such a way as to make the fraudulent activity unprofitable to cheaters. As with most elegant solutions, Erstu’s is quite simple on its face – load the double-spend TX with so many miner fees that it becomes unprofitable. This appears to be a viable solution as long as, ” the adversary is not a miner and miners, in general, remain greedy for TX fees,” according to the white paper.

In a statement released Monday, Erstu said, “I am excited to release this white paper to the wider cryptocurrency community, and I hope that it will generate constructive discussion about what I feel to be a significant breakthrough in mitigating the lost revenues associated with double-spending.

“At the Coingaming Group, we are always looking to improve both our back-office and customer-facing solutions, and any costs saved through negating fraudulent activity we intend to pass onto the customer in better margins and increased product investment.”

The white paper can be read in its entirety here.

Coingaming Group developer pens white paper on double-spending solution was last modified: August 1st, 2017 by Lars Jones