It seems that questionable Full Tilt poker deal is in question again.  So a quick recap for those who haven’t been following the amusing farce of Full Tilt Poker. In early 2011 Full Tilt was forced out of the US market and accounts seized by the FBI. Most of the rest of the world kept right on playing since US online gambling rules didn’t apply to them. UK gambling laws are far easier to live with.  Oh, sure people felt sorry for US players who were having trouble getting their money out of Full Tilt, but at least they weren’t having that problem. Oh, wait, they were. It seemed that while Full Tilt was perfectly happy to show a balance in your account and let you keep playing, they weren’t process requests to actually withdraw that money. Finally the Alderney Gambling Control Commission suspended their license and called for a review.  Full Tilt responded with a request for a private review because a mysterious European investor was thinking of buying them and solving all their problems.

The mystery investor was eventually revealed the be Groupe Bernard Tapie or GBT, a French firm.  And the review revealed that Full Tilt had been using money from player accounts to fund operating costs and well, eventually there was enough of a mess to make me wonder why GBT or anyone else would want to invest in the company.  But the rumors persisted that GBT was going to buy Full Tilt.

They may be having second thoughts. Now GBT is saying that they’ve been examining the finances and  that the former Full Tilt poker pros owe the company money. It seems Full Tilt was really popular with the pros because of its liberal lending policy. So now GBT says the deal may not go through unless the pros pay back $17 million that they owe.  The pros, well, they don’t seem to be overly worried about paying the money back. Some claim that they don’t owe money and the records are wrong. And some of the Americans are saying they won’t pay back because no funds will be used to reimburse US players.  I can’t help but wonder if Full Tilt’s reputation is so tarnished that rescuing it seems a foolish effort.

Mobile gaming in one of the fastest growing sectors of the gambling market. Well, I do have to admit that might be partly because mobile gaming is still new and therefore has more room for growth.  Online gambling still has more growth than land based gambling but it’s reaching that stage where it’s becoming more established. But mobile gaming is still new and a challenge for gaming developers who need to stay on top of the platforms and programs used by the market. But so far, the iPad has been a stable seller in the tablet market and that’s where many are putting their efforts.

As a sign of this Betfair has just redone and relaunched their iPad app.  If you own an iPad, you can find the Betfair app in the Apple App Store and install it on your device. The company also has apps for Android and Blackberry tablets and smart phones, so no one is left out of the market.

The Befair app will let UK players make bets from their iPads or iPhones and the company says that it will be exploring more possibilities for mobile apps in the future.  These mobile apps may be shaping gambling for 2012 and beyond as folks find that they can do more on the go and aren’t tied to the casino, the bookie or even their home computers.  And the UK is fortunate in that the gambling laws are more flexible, making this country rather than the US the market where companies want to test and market new applications.  This can mean not only more freedom to gamble but more jobs in the technology market.  A good sign for orgs like direct.gov.uk

Everyone knows that the Olympics are coming to London. With them will come athletes, fans and gamblers. Now, while we don’t want to exclude the gamblers, we do want to exclude gambling corruption. We’ve seen enough of it in cricket over the last couple of years and a recent outbreak in horse racing. So now Betfair is working to, well, keep betting fair.

The IOC (International Olympic Committee) and Betfair have signed an information sharing agreement which will help them find suspicious betting habits.  They won’t stop people from betting on sporting events, but they want to keep the sports themselves clean from corruption because sports betting can lead to match fixing.  Not every athlete is above the temptation of exchanging potential Olympic gold for real gold.  Keep in mind that there is no direct money involved in an Olympic win.  In the US, athletes are looking for sponsorship deals which help pay training and living expenses. In other countries, players may be awarded a prize by the country itself, but not by the Olympics.  While the Olympics should always be purely about the celebration of the sports themselves, the lack of funds does open the door to cheating.

But sharing information, Betfair and the IOC will be able to detect any suspicious betting patterns and take steps to ensure that the games remain fair.  In addition, the Metropolitan police will be on the lookout for any suspicious activity with a unit devoted to the games themselves.

Let’s have a safe and fair Olympic Celebration in London. We deserve it and the world deserves it.

It seems that the online poker room PokerStars is going through some turmoil. The Chief Executive Officer, Gabi Campos, is not only out, the man is pretending he never worked for the poker room. At least it’s vanished from his Linkedin profile, causing players the world over to say “someone uses Linkedin?”  Actually, that the man is on Linkedin is about the only thing surprising in this entire debacle. Campos is the forth top ranking exec to leave PokerStars since it was kicked out of the USA by the FBI. Another departure is just another departure.

But added to that — the French are protesting the site. This isn’t the first time the French have boycotted a poker room and it probably won’t be the last. As usual this boycott is related to rake changes, though VIP changes may be more to blame. On January 1, 2012, Poker Stars changed both its VIP program and the rake structure. Some players are in favor of the changes, but this being France, other staged a sit out. The VIP program at the online poker room now awards higher points to those who place higher bets. PokerStars claims the change was to make their system more appealing to lower level players. But high level players are saying the changes really benefit PokerStars more than the players. And some high level VIP players have even closed their accounts after losing VIP points in the change over.

PokerStars is trying to quell the protests and though the reports were only of 120 players in the actual protest, the French PokerStars site was the one online poker room that lost money the week of the protest. So, perhaps it has had an effect.

The British Horseracing Authority has just completed a probe into cheating the fine sport of horse racing. What this will mean for those who have placed bets on races only to find out now that the results of those races were corrupt has not been determined. Should a bettor get his bet back if the race was fixed?  Should a winner be forced to pay back funds received if he could have no way been involved in the fixing of the race?  These are the problems I wonder about as I read the latest news on the horse racing scandal and the men who have shaken the horse racing world.

Though I admit, I am confounded by some of the sentences. Two jockeys have been banned for racing from 12 years, though the news admits that both of these jockeys had already given up horse racing.  Another two jockeys have only been banned for six months to two years. Although the lesser ban is for passing on information for a reward rather than for “not riding a horse to its merits” which the first two were banned for.  Though perhaps the most fitting of punishments goes to the two owners of race horses who may not bet on their horses to lose for 14 years. Now, I’d go further and force them to actually place a winning bet on any horse they enter in a race.  After all, they’ve cost some gambler money , let them put their own money at risk.

In all, 11 people have received various rulings barring them from horse racing as a result of the probe and 2 have been cleared of wrong doing. Many are contesting the rulings but no one is asking what happens to those in UK gambling  who placed bets in good faith.

Today brings some promising news in the world of online poker.  That the news involves PokerStars, one of the online poker sites shut down by the FBI in April of this year is even better news.  So, let’s recap the poker shut down news and why the PokerStars news is even more fantastic.  Back on April 15^th of this year, which is the day taxes are due for Americans, the FBI forced four major online poker rooms out of the American market. These were UB.com, Absolute Poker, Full Tilt Poker and PokerStars. Now since that event, UB.com and Absolute Poker haven’t been able to pay back money owed to US players and the company that owns the poker rooms seems to be on the verge of bankruptcy.  We’ll probably not see them fully functioning again.  Full Tilt Poker has been struggling but may have found a buyer in the Groupe Bernard Tapie which would be good news because they can’t get their license back until they can pay out on the money they currently owe players.

Now, all of this is something that could lead one to believe that online poker rooms are a bit of an unreliable business since it looks like the FBI had good reason to shut the sites down. PokerStars has proven to be the exception to rule. Yes, PokerStars had to pull out of the US market, but they were able to pay back the money they owed players. After which, they kept running, while working to grow and reassure the EU market. Now, they’ve announced that they have purchased the online poker room Cara de Poker and entered the online poker market in Spain.

Do you gamble online? It’s a popular form of entertainment for many in the UK and one that frees you from the need to travel to a casino. But many people, especially those who like to play in casinos, will warn you against playing at online casinos. After all, how do you know they’re safe.

Well, this turns out to be one of the first steps in choosing an online casino – you make sure that they are safe to play with and there are organizations out there to help you do just that.  First, you can check to see where the casino is licensed. Just as the UK Gambling Commission at gamblingcommission.gov.uk grants licenses to casinos operating within the UK, various countries make it a practice to license online casinos. It is in their best interest to make sure the casinos associated with them are fair and safe because if their reputation falters, other casinos will move their licenses elsewhere.

And speaking of fair and safe, you can also check to see which independent organizations have certified the casino play as fair. These organizations check the software that the casino runs to make sure that it doesn’t favor the casino. They will certify that the RNG or Random Number Generators are truly random because that is generally what determines that luck or probability is being left to chance.

But I know it can be overwhelming to do all this research when you first take a look at online casinos. And really what most people want is to get online and try one to see if they like it. Here at Casinoupdates.co.uk we make it easy for you to get started by checking out online casinos and providing you with access to the best available.  And most of these casinos have a “free play” option that will allow you to check out the games before you play for real money. Keep in mind, you won’t win real money when you use the free play option, but you also won’t risk money while you explore the casino.

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