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 true OWPT 2005-12-28T00:09:00-08:00 2005-12-28T08:12:18Z 2005-12-28T08:12:18Z tag:blogger.com,1999:blog-12322413.post-113575753841309941 December Payouts at InterCasino Reach Over $2 Mill...

InterCasino December Payouts at InterCasino Reach Over $2 Million as Rags to Riches Progressive Jackpot Strikes Again

Wednesday, December 28th, 2005

The World’s First Online Casino Awards Kimberly B. The $118,526 Progressive Slot Jackpot and Sets A New Monthly Jackpot Record.

LONDON, United Kingdom - There must be something magic this month in the holiday air at InterCasino. On December 16, Kimberly B. claimed a “Rags to Riches” jackpot totaling $118,526, making the payout total for December at InterCasino an unprecedented $2 million. Kimberly is the third progressive slot jackpot winner in the past three weeks at the world’s safest online casino, as her holiday win comes just days after Jon R. won a staggering $1.77 million playing Millionaire’s Club Progressive Slots, and Richard K. Claimed $163,402 in Multi-Hand Progressive Blackjack.

InterCasino.com pays customer jackpots in one lump sum, unlike competitor sites that spread winnings throughout the year in separate payments. Customers have come to appreciate the “payment in full” policy, as well as the award-winning CryptoLogic software, making InterCasino.com the most awarded online casino on the web.

“This truly has been a December to remember, as we have paid out a record sum to our loyal customers and made the holidays much merrier for families in the North America and Europe,” said Casino Manager Ryan Hartley. “The amazing December jackpots at InterCasino are proof that we truly do offer our customers the best payouts of any online casino, a reason why InterCasino players return to play with us time and time again.”
 false OWPT 2005-12-27T00:22:00-08:00 2005-12-27T08:22:40Z 2005-12-27T08:22:40Z tag:blogger.com,1999:blog-12322413.post-113567176033000775 Wall St. Bets on Gambling on the WebTuesday, Decem... <p><span style="color:#000066;"><img height="262" alt="Morgan Stanley and Goldman Sachs hold shares of BetOnSports; Fidelity, Merrill Lynch and Goldman Sachs are investors in SportingBet." hspace="5" src="http://graphics8.nytimes.com/images/2005/12/25/business/25gamble1.184.jpg" width="184" align="right" vspace="5" border="0" /></span><strong><span style="font-size:130%;color:#000066;">Wall St. Bets on Gambling on the Web</span></strong></p><p>Tuesday, December 27th, 2005</p><p><span style="font-size:78%;">By MATT RICHTEL<br /></span><a href="http://www.nytimes.com"><span style="font-size:78%;color:#3333ff;"><strong>NYTimes.com</strong></span></a><br /><br />Internet casinos are outlaw operations in the eyes of the federal government, but they look like solid investments to many of Wall Street's largest firms.<br /><br />Blue-chip investment houses like Goldman Sachs, Merrill Lynch and Fidelity now hold hundreds of millions of dollars in shares of online casinos and betting parlors, which are publicly traded on the London Stock Exchange and headquartered in places like Costa Rica or Gibraltar.<br /><br />The growing participation by American investors underscores a striking gap between the federal law-enforcement position on online gambling and the realities behind what has emerged as a booming business.<br /><br />It also highlights the difficulty of policing cross-border activity in the Internet age at the same time that electronic commerce and a global economy are creating fast economic partners across national boundaries.<br /><br />Legal experts are divided over whether American investors and the investment houses that operate mutual funds could themselves be seen as criminally liable for their actions by providing financial backing for offshore casinos. To be sure, it is not uncommon for Americans to invest in overseas companies whose operations may be considered illegal or unacceptable here, from sweatshop manufacturers to European energy producers that do business in Iran.<br /><br />The difference with Internet gambling is that the activity takes place on domestic shores - with Americans placing bets online using their home computers - and the Justice Department has stated clearly that the operators are violating American law.<br /><br />Jaclyn Lesch, a spokeswoman for the Justice Department, said that the agency considered online gambling illegal but declined to "comment on the liability or hypothetical liability of a company or an individual."<br /><br />But Internet gambling analysts and company executives said that the investments highlight how widely the federal policy is, in essence, being ignored.<br /><br />Millions of Americans use the Internet to play games like poker, blackjack and roulette, or to place wagers on sporting events. Online casinos advertise in magazines and on cable television while filling big billboards in Times Square and other places where crowds congregate. Celebrities like Jesse Ventura, the former governor of Minnesota, hawk their wares.<br /><br /><span style="color:#cc0000;"><strong><a href="http://www.nytimes.com/2005/12/25/business/25gamble.html?ei=5094&en=4f279c3e79b0a6ba&amp;amp;hp=&ex=1135486800&amp;adxnnl=1&partner=homepage&amp;adxnnlx=1135580721-xSBw+pj9Pyvpl8ZvPsIuyQ" target="_blank"><?xml:namespace prefix = font-size /><font-size:130%><span style="color:#cc0000;"><span style="font-size:130%;">Full story in New York Times >>></span></a></strong></span> </span></span></font-size:130%></p> false