‘Fang-tastic’ promo at Virgin Casino

Virgin Casino is traditionally powered by WagerWorks software. However, the palette of Virgin Casino games has been recently enriched by Microgaming games available via the independent QuickFire gambling platform. If you are willing to enjoy the expanded assortment of Virgin Casino, then the last week of October will be the perfect timing. The thing is that Virgin Casino, as most others UK online gambling sites, offers an exciting Halloween promo with ‘fang-tastic’ bonuses.

Halloween is all about tricks and treats. ‘Fang-tastic’ promo in Virgin Casino offers you an incredible chance to be either ‘treated’ or ‘tricked’. Everything will depend on your luck only. What you have to do to participate in the promo is to wager £50 in one of the fang-tastic slot machines offered by Virgin Casino from October 25 till October 31. You have the whole week to enjoy the Bitten slot machine released by WagerWorks last month and the Osbournes video slot provided though the Microgaming platform. That is the only qualification requirement set by this UK online gambling site operators. All the players that qualify for the promo will share different prize pools. A half of the players will share a real money prize of £2000. Another half of qualifying gamblers will share another prize pool of 2000 V-points. Winners of every prize pool will be determined randomly once the promo is over. Every player will get an equal share.

Okay, everything is clear with the £2000 prize, but what can you do with 2000 V-points? As the matter of fact, V-points is the name for loyalty points introduced by Virgin Casino operators. They are usually availed for wagers in various casino games on a gambling site. For example, for £100 wagered in blackjack you get 5 such loyalty points while the same amount wagered in slot machines gives you 10 V-points. V-points can be redeemed for cash or exchanged for other benefits explained on the Virgin Casino website. You can exchange them for Flying Club miles, Virgin Vouchers, Virgin Experiences and so on.

Keep in mind, that the ‘fang-tastic’ promo is not available for newly registered players who are eligible for the £100 welcome bonus. Now let’s look at the online slot machines chosen for this Halloween promo. The first of them is the Bitten slot machine that is one of the latest additions to the Virgin Casino games suite. This is a vampire-themed video slot with all the up-to-date functionality. Logo of the Bitten game with a beautiful vampiress on it is a wild symbol that substitutes other symbols and avails payouts up to 250 credits. Scatter symbols trigger a free spins bonus round with up to 20 free games. The Osbournes video slot gives you an opportunity to visit a family nest of Ozzy Osbourne, a notorious rock singer. Random Grab a Gift bonus feature with up to 30x multiplier, Knock Knock Bonus with mini-triggers where you can win up to 100 000 coins and free spins feature with 10 free spins make the whole experience really fantastic. Payouts in the main game cannot be called disappointing as well. Enjoy both these slot machines and participate in the ‘Fang-tastic’ promotion by Virgin Casino.

Aggravating news for UK gambling companies

Independent British territory of Gibraltar will soon lose its special status in the world of European gambling. As far as you may know, Gibraltar has always been the most lucrative base for numerous UK internet gambling companies due to its low taxes. 1% was absolutely nothing compare to 15% gross income tax in the United Kingdom and other European countries. However, everything will change drastically next year. Tax rate for all gambling-related companies will equal 10% starting from January,2011. Why is it happening and who is gonna suffer from such an increase? Let’s find out more about Gibraltar new gambling laws below.

Issuing of internet gambling licenses is the major source of income for tiny Gibraltar. Gibraltar Regulatory Authority issued licenses to such prominent and well-known gambling operators as Ladbrokes, Belle Rock Entertainment, 888 Holdings, Victor Chandler and Party Gaming. 1% tax rate brought over €12 million to the Gibraltar budget in 2009. Gambling companies based in Gibraltar were successful even in the hard times of economic recession due to the tiny tax rate of 1%.

Such situation satisfied everyone actually except for the governmental bodies. Gibraltar could attract more and more businesses that paid taxes and companies could operate legally paying the lowest rate ever. However, it turned out that such a low taxation doesn’t comply with European Union laws. According to them, any industry in EU countries should be taxed at a comparable rate. 1% was too low compare to all other European Countries where the gambling tax exceeded the record of 10%. Sounds strange,right? Looks like European Union doesn’t respect the principles of a competitive free market that allows customers to obtain goods for lower prices.

Whatever the reasons of such a decision, UK internet gambling companies will certainly be the first to suffer from it. However, according to the statements made by their representatives, nobody is willing to relocate. Even the elevated 10% tax is better than 15% gross income tax in Great Britain, an what’s more, Gibraltar is not going to introduce VAT there despite of all the pressure.

Gibraltar economy is also likely to suffer from the tax increase. Right now, this tiny island can boast the lowest unemployment rate of 2% compare to 21% in the neighboring Spain. Increase of the gambling tax will mean less profits for companies and, therefore, personnel reduction. Thousand of Gibraltar citizens will become jobless because of the strange European Union demand.

UK internet gambling companies licensed in Cyprus will also experience certain difficulties. The problem is that Cypriot government tries to ban internet gambling altogether and this document is currently reviewed by European Commission. Such talks were followed by thorough investigation of all income reports submitted by gambling companies. And we can only hope that all these changes will not effect online players in any way. Read our site to be tuned of all the latest events in the gambling universe.

EGR 2010 concluded

eGaming Review Operator awards show took place on the 25th of November in the HAC, London. This annual event is rightly referred as the most influential event in the internet gambling world nowadays. Some of the most prominent gaming operators that are included in any online casino directory received awards in 30 various nominations. What are they and which company appeared in the top of the game? EGR 2010 gambling event winners inside.

As most internet gambling experts predicted, Betfair and Bet365 companies became unquestionable leaders with three prestigious awards each. Betfair company based in the United Kingdom is certainly a well-known name for all the British gamblers. It offers a wide range of online betting options from sportbets to casino games and poker. This year Betfair’s achievements were recognized with awards for the best Mobile Operator,best UK Sports Betting Operator and the most Innovative betting company.

Despite of the same number of awards, Bet365 got the upper hand by taking the most prestigious award for the best Operator of the Year. Bet365 is certainly one of the world’s leading internet gambling groups that works in a variety of directions- casino, poker, sports betting, bingo, online games and financing. Bet365 poker resource is considered to be the most glamorous and sophisticated compare to all the competitors. Besides being the best operator, Bet365 was also named the best casino operator (http://casino.bet365.com/ is included in the top online casino directory worldwide) and awarded for the Best Website Performance.

Among other interesting nominations is the award for the Outstanding Contribution to the Industry that finally went to Bwin. This company based in Gibraltar was launched in 1999 and currently offers a rich assortment of various betting options. This year, Bwin was also named the best European Sports Betting Operator. Another interesting award for the most quality Affiliate Program was received by Virgin Games. Virgin Games that is one of the quickly growing gambling businesses in UK was founded in June 2004. Nowadays, every British gambler is familiar with its poker, casino and bingo websites.

Award for the Socially Responsible Operator of the Year went to 888.com (UK-based online casino and online poker room). The nomination of the Slots Operator of the Year was introduced in 2010 for the first time. Considering the fact, that online slot machines drive the whole internet gambling industry, this award is considered quite prestigious. And it finally went to PartyGaming.

eGaming Review Operator awards show attracted over 800 most influential representatives of internet gambling business. Jack Whitehall who hosted the show knew how to keep the suspense going. EGR was also a wonderful charity event with some great donations made for the Great Ormond Street Hospital.

You can read a full list of EGR 2010 winners on the official website of EGRmagazine.