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    Daily News Update | Wednesday, November 30, 2011

    Posted by Quad Jacks March 14, 2012

    WEDNESDAY, NOVEMBER 30, 2011

    Facebook is considering providing real money online gambling in the UK: eGaming Review has exclusively reported that Facebook is in the early stages of partnering with a number of online gaming software providers to begin offering real money games on the social gaming giant’s UK site by as early as the first quarter of next year. Citing various sources close to the situation, EGR suggests that Facebook intends to issue a limited number of licenses (eight) to UK operators to integrate them into its platform, with Gamesys and 888 Holdings being the early favorites.

    No official statement has come from either Facebook or its likely partners, but Pokernews reports that 888 Holdings is expected to issue a formal statement on the matter by the next 48 hours.

    There had been much speculation in the industry that Zynga Poker specifically, a popular Facebook game with over 30 million users, was secretly interested in obtaining rights to offer real money gaming, but much of this speculation was cooled by Zynga Poker’s general manager Lo Toney, who stated earlier this month that there were no real plans for this. Facebook itself is now the object of much speculation that it may be seeking to go public by as early as the end of this year.
    Sources: eGaming Review, Tech Crunch, Pokernews, Industry Leaders Magazine

    Howard Lederer and Rafe Furst file claims for seized bank accounts: Following similar motions by Ray Bitar and Chris Ferguson to lay claim to bank accounts frozen and seized by the Department of Justice, Howard Lederer and Rafe Furst have now followed suit and filed claims of their own for different account. All four men are incriminated as having partaken in what the Department of Justice has officially described as a “global Ponzi scheme” posing as Full Tilt Poker.

    Furst has claimed title and interest in Telamonian Ajax Trust, which lists a bank account at “Pictet & Co Bankers, Switzerland.” The two bank accounts claimed by Lederer in his filing are located in a Wells Fargo bank (under the name HH Lederer Consulting LLC), and in a bank in the Isle of Man by the name of Lloyd TSB International.
    Sources: Pokernews

    Internet betting a success for New York’s racetracks: The New York State Racing & Wagering Board has voted to extend online streaming of the state’s thoroughbred and harness races for another year. This is due to the 45% increase in the total number of online and phone accounts set up in 2011 so far in the state, combined with 49% increase in the total amount wagered on the phone and Internet. The increase in subscriptions and profit is stimulating for the horse-racing industry, which had seen a considerable decline in popularity in recent years.

    The ability to watch races online was enabled by the board last December in response to the closure of Off-Track Betting storefronts in New York City. New York Racing Association President and CEO Charles Hayward said more growth is on the way: “We look forward to continuing to expand and make further investment in our NYRA Rewards account wagering business.”
    Sources: The Wall Street Journal

    QuadJacks – Wednesday, November 30, 2011

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