Billions Of Dollars Worth Of Rogue Gambling Firms Online
The thought occured to me last night that Online Gambling stinks.
The rogues have taken over the online gambling world somewhat - billions of dollars worth of absolute bollocks - and that is putting it politely.
Previous Gamblog posts highlighting the rogue gambling firms. >>
Iglobalmedia aka Partygaming aka Partypoker - RoguesIglobal Media started up with
gaffed software and even
hid their real identities at gambling conferences, made hundreds of thousands of dollars until they got caught, then they built software that was "alledgedly" fair. No one proved the game was indeed fair for years until they submitted to
BMM - but so what eh? What is a few billion dollars between friends before the game is tested?
Partygaming only floated For £4.64 billion - that's about 9 billion dollars.
From The Observer >>
"There were 27 pages of risk warnings in the prospectus for the flotation of PartyGaming, the online poker company, covering everything from the threat of regulation in the US to the prospect of its directors being jailed.
But none mentioned the risk that, just three months after flotation, the directors would discover its growth rate was slowing and that the amount it was making from each poker player was falling."
"Ruth Parasol, Russ DeLeon, Anuraj Dikshit and Vikrant Bhargada - who made £1 billion between them from the sale of less than a quarter of the business, were keen to sell out while the going was good."
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Partygaming Floated While The Going Was Good♠
Starluck Casino Stalling Payouts 888.com - Whose Affiliates Are Scumware Users and Spammers888 are rumoured to be about to float for a cool £800 million.
888.com are not so much rogues, as liberty takers. No qualms about allowing affiliates or possibly their own marketing arm to use scumware to acquire players. None whatsoever.
Polluted the net early on with their endless stream of spammers and pop-up advertising techniques. Of course, 888 did not do anything wrong, it was all those nasty affiliates who sent them millions of players by any means possible.
888 Update -
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888 Casino Blacklisted♠
888 Agree To Police It's Spammers Warren Cloud - Crystal Gaming Group - RoguesWarren Cloud runs a few casinos and has
shut a few more in his time.
A notorious rogue casino operator who is about to float his casino group for an estimated $140 million or so.
Barely worth a mention, Cloud is a clown who knows how to make a few bob or two in the circus that is the online gambling industry. How he makes it is neither here nor there to him.
Currently trying to portray he has cleaned up his red nose act. I wonder if the proposed mega million dollar float has anything to do with that load of tosh?
Can you say bandwagon? I saw a float from known rogues Partygaming. So most likely, did Cloud.
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Warren Cloud Gags The Casinomeister Gamblog Comment >> And there are more, alot more, just too many to mention.
Above alone that comes to a mere rough estimate of $20 billion worth of rogue online gambling firms.
Crazy, but true. I would be delighted if any of them tried to sue gamblog. The problem is this blog does not have enough reach for them to bother with me. More's the pity.
Of course, it does'nt help me much with all these rogues around. Most blogs have advertising all over them.
I was hoping to make gamblog a full time going concern, but I am struggling to find a decent firm to stick a banner up for every once and a while.