2005 May 20 Gambling News, Events and Happenings

The first of our newbie casinos this week carries a range of financial instruments that illustrates what a wide choice is open to players in financing their online gambling.

Nevada-based gambling software developer Chimera Technology Corp. confirmed this week that its Mobile Gaming Platform (MGP) is in the final stages of testing. The platform has thus far been ordered by 724Sportsbook.com and is offered to other licensees of the company’s casino and software products.

This week saw the listing on the London AIM stock market of World Gaming plc, which went public under the symbol WGP. The company has raised a total of GBP 2,499,000 at 52.5 pence (US$1.00) per share.

Hotel and bookie owner Hilton Group plc warned this week that profits since the start of the year were lower than last due to less favorable sporting results at subsidiary Ladbrokes.

Winajackpot.com member Cari M. from Tennessee entered the history books, 30 April 2005, when she scooped the highest jackpot ever paid online - an astounding $1,853,850 playing Gold Rally 8-line Slots at SCasino.com - part of the CasinoLasVegas Group, a member of the Winajackpot network of Playtech-powered casinos.

Leading online gambling site Bodog.com, sponsor of some of the world’s hottest social events, continues this month in Indianapolis during the Indy 500 race weekend with the 2005 Miss 500 Hawaiian Tropic Pageant & Pre-Race VIP Party on Saturday, May 28th.

Earlier this month InfoPowa reported on Real Time Gaming’s success in achieving TST certification for its random number generator, and Net Entertainment is following closely on the heels of that announcement with similar news.

Multi-platform gambling software developer Zone4Play, and Cosmotrade Investments, operator of a large online casino in South Africa, have signed an agreement for the development and delivery of mobile casino games to be distributed throughout Europe.

Sue Schneider’s River City Group in the United States is developing a new InDepth series of events exploring various niches suggested by industry people and we preview these below.