“Companies that add new, novel, or distinct services or products can get in the crosshairs of regulators,” Perry said. “Our public tables are viewable by all players and anyone can join. Our friend’s table section includes those that only people in your friends list can access.
One of the selling points the casino is using to attract players is the online video strip poker.
The idea of combining sex and gambling is a long time coming for Pornhub, according to vice president Corey Price.
“This is a wonderful opportunity for us to enter an industry that is experiencing exponential growth and we’re excited to make our mark.”
On Monday, Pornhub.com officially opened the aptly named Pornhub Casino, an online gambling casino where participants can play roulette, Blackjack and even strip poker.
Also on HuffPost:
A popular porn portal is thrusting into a new venture — online gambling.
Can an online casino cum porn website work? Braden Perry, an attorney familiar with the regulatory procedures governing online gambling, says there’s nothing inherently illegal about the Pornhub Casino business model.
“From my personal players’ perspective, I can say that it might be tough to focus on a roulette strategy while live dealers are taking their bras off,” he said.
“The timing for this is perfect,” he said. “At Pornhub we are constantly looking at ways to penetrate additional industries, grow our global community and expand our brand recognition.
However, Kostin sees one big problem for the consumer.
The carnal-themed casino’s focus is getting members to spend their wad rather than blow it, but there are some allusions to Pornhub’s main business.
Price doesn’t seem concerned.. Also, a win on the online slot machine results in a quick scene from an adult movie.
The Huffington Post attempted to play strip poker, but a spokesman said the company is in the process of hiring more dealers for that particular game.
However, the connection to porn might arouse the attention of regulators.
“Our users know a thing or two about having a good time online, so when a casino company approached us with an opportunity to blend gambling with porn, we had to consider it seriously,” he said by email.
Most of the croupiers are Costa Rica women, but occasionally well-known porn stars like Monique Alexander or Dani Daniels are expected to fly down and work the roulette wheel or blackjack tables.
“We use webcams so everyone can see each other and speak to one another as though you would in a real setting. “We decided to take a gamble –pun intended — and go ahead with the idea.”
“It’s available in two options: public tables and friend’s tables,” Price said. “They will likely face regulatory scrutiny and should have very strong know your customer policies.”
Alexander Kostin, of BetterCollective.com, an organization that advocates for transparency in the gambling, says Pornhub’s plan is “a really smart attempt to prohibit its core audience from leaving the site after they have accomplished their sexual goal.”
The croupiers occasionally flash their breasts to players who ask nicely through a chat box
All staff is cleared by Interpol,” he said. Kitts, has spent $20 million in the past three years to set up its GalaxiWorld online casino, said Larry Weltman, chief financial officer at the company in Gibraltar, U.K. It’s almost a bank.”
“Gambling provides revenue to the country but also employment and indirect economic benefits,” said Vere Murphy, commissioner of the Free Trade and Processing Zone, which licenses and regulates Internet gambling companies here.
Last year, Starnet’s casinos group saw 6 million hits daily; the average spent per bettor visit was $200, he said. servers running Microsoft Corp.’s Windows NT process bettor payments. “We tried to recruit from locals but they don’t have the skills,” Bengtsson said. Bengtsson, a 30-year-old ex-blackjack dealer in banker’s clothes, runs Boss Casinos, which is one of the biggest online gambling operations here. in San Diego, which runs three online casinos, like to point out that they’re publicly traded firms that must report detailed company data.
Software development costs are the biggest expense for Internet gambling firms.
ST. police action. Antigua is one of just a few countries to legalize online gambling.
Starnet wouldn’t mind being a takeover candidate for land-based casinos: “Once the smoke clears, they will look at a company like us to get them online,” Bowering said. We’re the future.
Hiring programmers well-versed in Sun’s Java language is expensive but worth it, according to Weltman, 37.
For example, some companies have hired Big 5 accounting firms to sign off on their business plans and certify, as best they can, that the software is fair to players. We’re sticking to a marketing strategy and a business plan,” said Bowering, a 38-year-old former stock broker and financial consultant. There are too many other choices out there for players,” he said.
They also must support many languages besides English to attract players in Europe and Asia, where online betting isn’t so legally iffy. Instead of having to download fat software files before playing, users spend one to three minutes installing various Java applets, he said. police say online gambling is illegal under a 38-year-old law — and they’re starting to prosecute.
And Amazon.com doesn’t have to worry about how to pay out $50,000 jackpots.
Nash is a Computerworld senior editor. “We’re not typical bookies.
Even so, Starnet, which is based in Vancouver, B.C., is careful to do all bet-processing and money transactions on servers here to guard against Canadian and U.S.
For Bowering, vice president of offshore operations at Starnet Communications International Inc., Internet gambling is a legitimate form of electronic commerce that lawmakers just don’t understand. Her E-mail address is email@example.com.
Murphy says he sees himself as something of a cybercop, enforcing licensing laws and chasing away lawbreakers. We’re MBAs.”
“We gotta be fast. Moreover, the U.S.
In the new locale, Bengtsson plans to set up a locked and guarded server room in which to house six Sun Microsystems Inc.
Webposted at 8:08 am EDT
by Kim S. Online gambling is a $535 million industry worldwide that’s expected to grow to $10 billion in three years, according to Datamonitor PLC, a market researcher in London. JOHN’S, Antigua (IDG) — Here among the storefronts made of plywood
and painted ice-pop colors, there grows a strain of electronic commerce
that faces obstacles even Amazon.com couldn’t imagine.
Starnet, for example, posted $1.8 million in sales for its most recent quarter and showed $248,000 in profit.
Hitting the jackpot
Managing risks — financial, legal and security — is what the business is all about. servers, one for each of the gambling sites he runs for other companies.
“We don’t sit here drinking umbrella drinks,” said Peter Bengtsson, managing director of Boss Casinos Ltd. In fact, Antigua invites it. GLC Ltd., which does business on the nearby island of St.
Playing by the rules
There’s just one problem: U.S. Nash
Terry Bowering has paid his $100,000 annual license fee to Antigua and scoffs at the idea that online casino executives run a crooked business, hide from the law or fleece naive Internet users.
Each of the 14 gambling executives interviewed by Computerworld claimed to be bringing a businessman’s order to the largely untested world of Internet wagering.
. But as usual, the house is raking in the cash. Internet gambling
operators must gird their sites for multiple simultaneous users who pound
through rounds of blackjack and online roulette — at 40, 50 and 60 clicks
More than 1,200 registered players placed $3.1 million worth of wagers in GalaxiWorld’s first month in action. Wire transfers, credit cards, bank drafts, personal checks, electronic currency, even cash: They all are forms of payment acceptable at one gambling site or another. The credit card, passport and other data requested of players “never leaves this building.
Perhaps most nettlesome are the financial transactions.
“You play my game, and it’s a real live transaction taking place,” he said.
So gambling entrepreneurs from the U.S., Canada, the U.K., Israel and other countries have set down roots on Caribbean islands, particularly this one.
“Security we take quite seriously,” Bengtsson said. Operations were down for more than two days. English Harbour Casino Ltd., on the southern tip of the island, uses Deloitte & Touche LLP, while Boss Casinos employs PricewaterhouseCoopers. Congress is expected to outlaw Internet casinos outright.
Cost of doing business
The four information technology people at Boss Casinos all are transplanted Swedes. So far, he’s collected $6 million to $7 million in license fees from the 32 online casinos and sports-betting sites he has sanctioned. (Boss Casinos charges maintenance fees and takes an additional cut of the revenue from each client.)
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August 3, 1998
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Starnet Communications International Inc.
Inland Entertainment Corp.
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Meanwhile, Starnet and rival Inland Entertainment Corp. Inland isn’t profitable yet. Gun-toting local police also watch the premises 12 hours a day. An estimated 200 Web sites currently lure surfers to virtual slot machines, craps and other Las Vegas-style games.
Boss Casinos moved into a snow-white, five-story building — one of the tallest in this capital city — after Hurricane Georges blew the roof off its former quarters in September. That’s different from Amazon.com, where “one customer buys two books, and it may [take] two or three weeks to deliver,” added Weltman, a former lottery company manager. “We deal with other people’s money and must have backup procedures and a fire-safe area and strict rules.
Two Compaq Computer Corp. Page hits totaled 3.2 million. The company, which has headquarters in Sweden, employs 30 people locally, mostly in telephone support and risk analysis
However, that environment was perfect for online professional gamblers using advantage gambling techniques. For two years I blogged only on the weekends and not many people took notice. However, over the years, my casino gambling blog gained some momentum.
A bit about myself: I’m Simon, and I’m the author of Simon’s Online Gambling Blog. The world of online gambling was quite different back then, more rogue casinos and less gambling regulations. I was one of those guys. I started playing online in 2006, back in college. I made around $10 000 in total playing online (which was quite a lot of money back then, in Eastern Europe). It helped me pay for college.. “Online casino bonus whoring” – as it was called, got less profitable profitable after I was banned from over 200 online casinos, so I took a break from online gambling, finished college, got an office job, you know, the works. However, after a long hiatus I returned to the online gambling scene, this time as an online gambling blogger (and as a player as well of course)