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ANOTHER DEVELOPER JOINS ODOBO MARKETPLACE
Odobo Marketplace has attracted Spinomenal, a game developer who specialises in HTML5 developed titles.
Spinomenal's "Nuts Commander" and "Forest Balance" will be the first two titles to be deployed on the platform.
The 20-payline "Nuts Commander" title features a wacky battle troupe led by a blue squirrel. Players are tasked to battle for every supply drop by shooting them down with a bazooka before the supplies fall into the water.
Game features include Wild Multipliers, Free Spins and a Shoot Em Up bonus game.
Access the demo here: http://www.spinomenal.com/hdGames/NutsCommander/play.html?token=SlotMachine_NutsCommander
"Forest Balance" is a 40-payline title themed around ethereal spirits and the power of light versus darkness.
Features include expanding Wilds and two free spin modes.
Demo can be watched at: http://www.spinomenal.com/hdGames/ForestBalance/play.html?token=SlotMachine_ForestBalance
500.COM IN MAJOR CHINESE MOBILE DEAL
The rapidly growing Nasdaq-listed sports Apuestas Deportivas Golf Betting Online Bingo Matt Damon betting odds to win Poker Madden Betting Pandemonia lottery firm 500.com has clinched a major two-year deal that will see it become the sole provider of online sports lottery products to the state-owned China Mobile, which operates the huge Points Mall online marketplace.
Points Mall online marketplace is an enterprise that has 770 million subscribers, who redeem loyalty points.
China Mobile subscribers will be able to use their loyalty points to buy online sports lottery products through 500.com as a result of the agreement.
Man San Law, founder, chairman and CEO of 500.com said Thursday: We expect to see sales volumes increase significantly as our products become available to China Mobile's 770 million subscribers.
We look forward to developing an even deeper relationship with China Mobile as we work to integrate our products into their vast ecosystem.
The products provided by the company will be available in all of China's 31 provinces, municipalities and autonomous regions. China Mobile will reimburse 500.com for the products purchased in cash.
500.com provides lottery purchase and information services to China Mobile users through its internet, mobile apps, WAP and SMS channels.
UK GAMBLING COMMISSION HEAD DISCUSSES NEW U.K. LICENSING LAW
Jenny Williams, the head of Britain's Gambling Commission, spoke on the imminent implementation of the new point-of-consumption laws and tax regime at an international gambling conference in Barcelona last week, telling delegates that her organisation expects to process around 150 applications from online gambling operators, and revealing that several applications have already been submitted.
Williams opined that it was unlikely that opposition to the new law by the Gibraltar Betting and Gaming Association (which is seeking a judicial review on the EU legitimacy of the law) would derail the implementation process.
Its full steam ahead. It wouldnt be fair to those that have spent a lot of time getting ready to hold back now, she said, noting that some operators were active across multiple jurisdictions, and it was essential that the Commission was in a position to know whether these companies are "...wilfully disregarding somebody elses regulations.
Its also about financial riskiness if companies have a lot of risk in grey markets we might be concerned, she added.
Williams said that on the positive side, the British system was open and consistent, and the licensing fees were very reasonable.
There are lots if reasons why it makes sense to be licensed [in the UK]" she said, pointing out that unlicensed operators would not be allowed to market their products to UK online punters.
The Commission supported the p.o.c. concept because it provided regulatory access by the Commission to major operators based outside the United Kingdom but accessing and profiting from British internet and mobile gamblers, Williams explained.
The new secondary licensing framework makes the Commission's oversight more effective in terms of understanding the operators and how they conduct their businesses, she said.
The changes mean we will be infinitely better placed to assess risks and implement change," she concluded.
PREVIEW OF NEW ONLINE SLOT FROM NET ENTERTAINMENT
The prolific Swedish online gambling games developer Net Entertainment has made advance versions of its latest 5 reel, 9 pay-line online titled "Attraction" available to selected licensees and affiliates.
Players discussing the new game claim that it is a clone of the company's popular Starburst offering, with a theme based on magnetic attraction.
The game substitutes re-spins for free spins, with the magnetic symbol the key to rewards, along with more traditional awards like Wilds and a Bonus Game.
WILL HILL TO SPONSOR WORLD DARTS
Top British bookmaking company William Hill's digital division has signed an initial two-year deal with the Professional Darts Corporation (PDC) to sponsor the World Darts Championship at Alexandra Palace in London.
The seven-figure deal will see Britains biggest bookmaker become the title sponsor of the event - which will now be known as the William Hill World Darts Championship.
The 72-player tournament, staged by the PDC and broadcast live on Sky Sports, will be held throughout December and January, with play spanning the Christmas and New Year period before the first world champion of 2015 is crowned.
Reigning champion Michael van Gerwen who defeated Peter Wright on New Years Day to lift the Sid Waddell Trophy - is the early favourite with the sponsors to retain his crown, closely followed by 16-time World Champion Phil The Power Taylor.
The William Hill World Darts Championship will be the online firms second darts sponsorship, following on from their successful three-year sponsorship of the Grand Slam of Darts at the Wolverhampton Civic Hall from 2011-2013.
Kristof Fahy, chief marketing officer at William Hill, said, The World Darts Championship is a great addition to our brand sponsorship portfolio. Its a great fit. The UKs biggest bookmaker and the biggest event in Darts.
Andy Lee, managing director of William Hill Online said, Our online business has shown strong growth in recent years and we believe sponsorships like this will help us reach new audiences and continue to help us grow."
PDC Chairman Barry Hearn said: Since first being staged in 1993-94, this tournament has grown into the biggest in darts, not only in terms of prize money and stature with over GBP 1 million paid out in the sports richest event - but also with the fantastic crowds who flock to Alexandra Palace every year.
With over 50,000 fans attending live and hundreds of millions more watching on Sky Sports and around the world, the William Hill World Darts Championship has an amazing global reach.
U.S. AND JAPANESE AUTHORITIES MOVE ON BITCOIN
With a reported 50 to 60 percent of Bitcoin transactions involving online gambling, it is hardly surprising that the industry is keeping a close eye on developments in the highly volatile cyber-currency, which has come under DDoS attack on several sites recently, contributing to the bankruptcy of leading Bitcoin exchange Mt.Gox in Japan (see previous InfoPowa reports).
Whilst government officials around the world have so far not acted on the remarkable rise of Bitcoin in both volume and value, it now appears that they are taking a more active interest in the virtual currency.
Last week the Reuters news agency reported that Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other Bitcoin exchanges, and businesses that deal in Bitcoin to seek information on how they handled recent Distributed Denial of Services (DDoS) attacks.
At least three exchanges were forced to halt withdrawals of Bitcoins early February, including Mt. Gox, which was the largest at the time, but failed to resume service. That left customers unable to recover their funds, driving the value of the currency down.
Japanese authorities are also reacting, with Finance Minister Taro Aso saying Tuesday that the government is still trying to establish what caused the collapse of the Tokyo-based Mt. Gox and whether crime is involved.
"We still have not had a clear grasp of the situation," Aso said in response to a reporter's question after a cabinet meeting. "(We) don't know if it was a crime or just a bankruptcy."
Mt. Gox filed for bankruptcy protection in Japan last Friday, saying it may have lost nearly half a billion dollars worth of the virtual currency due to hacking into its faulty computer system.
Reuters says February was a tough month for Bitcoin investors, with cyber-attacks on several exchanges, and a sharp fall in Bitcoin's value. The losses were most dramatic on Mt. Gox, where the value of a Bitcoin fell to about $135 from $828.99 before February 7.
Some analysts have claimed that Mt. Gox's troubles may go deeper than cyber-attacks. Mike Hearn, a Bitcoin developer in Zurich, Switzerland, told Reuters:
"Mt Gox has been broken and it was obvious there was something really bad going on there for nearly a year. They were processing withdrawals very slowly and generally being very opaque about what was going on there."
Reuters reports that a document circulating on the Internet and purporting to be a crisis plan for Mt. Gox, said more than 744,000 Bitcoins were "missing due to malleability-related theft," and noted that the Bitcoin exchange had $174 million in liabilities against $32.75 million in assets.
It was not possible to verify the document, but if true, this would imply that approximately 6 percent of the 12.4 million Bitcoins minted could be considered missing, according to Reuters.
With government investigations now clearly commencing, developers are working on fixes to strengthen Bitcoin's software against cyber-attacks, says Gregory Maxwell, one of the Bitcoin software's core developers.