Finally Apple has accepted the first official iphone app featuring online gambling after many rejections. While mobile gaming is nothing new, Apple has been careful to weed out gambling applications, until now.

This new sport category app has been developed by Betfair, and will allow users to place sports bets and will serve as Betfair client to make other wagering activities. The Betfair gaming will only be made available to residents of the United Kingdom and Ireland.

The application will employ the self-contained GPS in the iPhone to determine the player’s location. Attempts to place bets from locations outside the prescribed area will be blocked.

The application was pushed through the vetting process to be available in time for next month’s World Cup event. Gambling on this year’s World Cup is anticipated to set international records on volume and amounts wagered.

US players are barred from using mobile gaming devices, and US telecommunications companies will not authorize devices to permit gambling applications. US residents seeking to entertain them may have a glimmer of hope, in that mobile gaming policies may likely change if and when US regulation of online gambling begins.

Download this Application from Apple app store or visit Betfair website to learn more about this application.

In two weeks, it will become even easier for the people of the UK to place Casino bets. Television station Five, will begin broadcasting NetPlay’ TV’s SuperCasino.com show on September 17th. This day could change the future of casino gambling all across the world.

NetplayTV has always been creative and pioneer in Live gaming industry with great products like SuperCasino, Challenge Jackpot, Bingos and Euro Telemillions. After successful launch of their STVCasino on Scottish Television, Netplay TV will begin broadcasting its Supercasino show three times a week on channel Five in UK. The show will give people access to create betting accounts and gamble right on the television.

“This is a money-making enterprise from a commercial TV company struggling from a lack of revenue,” said John Beyer, Director of Mediawatch UK, “I am anxious about people engaging in gambling this way. people who can’t go to a casino will be able to gamble on TV. People who cannot afford it will be attracted to it.”

The other side of the coin is that Five will be filling a need. People have shown that they prefer to gamble online rather than go out to a casino, and this just expands that option to television. Regulators will be watching closely to ensure that all rules are followed.

The show will have a way for players to start up an account. Once the account is set, the player will then be promted to make their bets either by phone or by Internet. The roulette wheel will then be spun, and if the player wins, they are rewarded with money being credited to their accounts.

Proponents of the new form of gambling claim that this type of betting activity is not much different from Internet gambling. Casino gambling online has become one of the biggest industries in the world. The television betting will allow broadcasting stations to raise their revenue from advertising, which has decreased over the past several years.

Courtesy: CasinoGamblingWeb.com

NetPlay TV and Playtech Ltd have announced that they will be raising £12.84 million for an agreement on an interactive gaming deal for five years.

The ‘live’ TV gambling specialist NetPlay has conditionally placed 58,352,476 new shares on the market to strengthen the company’s bottom line and raise capital for continued expansion. Investment company Directforce Trading Ltd. will hold the new shares benefiting Playtech as a significant shareholder. Playtech will distribute NetPlays games both to retail as well as online customers. NetPlay TV is to supply ‘live’ interactive games such as roulette blackjack and bingo plus a live fixed odds draw. Playtech will also takeover on it’s platform all of NetPlays services over the five year agreement.

Martin Higginson, Chief Executive Officer for NetPlay, commented, “This agreement will take NetPlay TV to new heights. The investment of £12.8m into our business, along with the strategic relationship, both in terms of distribution and technology with Playtech, will enable us to drive the development of our converged gaming solutions.”

According to Martin Higginson’s recent interview on CNBC, repoted revenues for NetPlay were up 118 percent over last year, with a number of acquisitions and the launch of a number of new services extending it’s business to business  solutions segment.

Netplay TV’s Non-Executive Chairman, Clive Jones, commented on the company’s recent growth, “NetPlay TV has come of age. The business has been transformed during the course of the year into a significantly larger interactive media business,” adding, “The demand for “live” gaming is starting to gather momentum and we are uniquely positioned to take advantage of this major opportunity. The UK Government is committed to the delivery of a fast Internet service for all and, as such, TV quality interactive programming is now available to an increased and growing number of UK homes.

Jones, is a broadcasting veteran, since 1978 he has held a number of prestigious roles in the media industry. Currently he is non-executive chairman of GMTV and a non-executive director of S4C, as well as Governor of the National Film and Television School.

Courtesy: Online Casino News