Kerzner Interactive, operators of Casino Atlantis Online (www.casinoatlantis.com), will “wind down operations” by the end of March, said a company press release.
Kerzner Interactive is the online division of Kerzner International Limited, a developer and operator of land-based casinos, resorts and luxury hotels. Kerzner’s flagship destination is Atlantis, a 2,317-room, ocean-themed resort located on Paradise Island in The Bahamas.
Casino Atlantis Online is one of three Internet casinos licensed in the Isle of Man. The casino targeted play only from jurisdictions that permitted online gaming, and did not accept U.S. bets. Kerner blamed market size and competition for the closing.
“As these jurisdictions have become more restrictive in their acceptance of play, the market size has been reduced and competition has intensified. Without the potential for expansion into other markets, including the United States, the outlook for new business has substantially decreased and achieving profitability is unlikely in the short-to-medium term.”
In June 2002, Kerzner had renegotiated a previous agreement with Station Casinos granting Station a renewable option to purchase a 50% interest in Kerzner Interactive. Kerzner and Station have mutually agreed to terminate this transaction.
A Kerzner spokesperson said the company may try to find a buyer for Casino Atlantis Online.
A Ritz Club London Online player won £96,000 playing casino stud poker on January 18th. The winner was dealt a Royal Flush and won 200 times their original stake plus the progressive jackpot which stood at £87,000.
This progressive jackpot currently stands at £66,000 and is rising at over £1,000 per day.
Ritz Club London Online is the Internet Togel Hari Inigambling site for the The Ritz Club London, one of the most fashionable and glamorous casinos in the world. It is located in the former ballroom of the world famous Ritz Hotel in the heart of London’s West End.
Net Entertainment (a subsidiary of the Cherry Casino Group, listed on the Swedish Stock market), the world’s leading provider of non-download Internet casino software, today announces the public launch of the Net Entertainment Casino Game Module (NECGM), designed to allow casino games inside sportsbooks. The first customer is Expekt.com, a leading global actor within sportsbetting, based on Malta. Expekt.com is one of the fastest growing sportsbooks in Europe, offering betting on 800 – 1 000 new sporting events each week.
The Casino Game Module is a system allowing virtually any site that has user registration and payments to offer casino games to their customers. This is done by connecting the NECGM to the existing system through a standardized API. The NECGM is designed to maximize the revenue of the sportsbook through the creation of games that play inside their site, in any language chosen by the player, in an environment the player is used to.
Pontus Lindwall, CEO of Net Entertainment says: “Any sportsbook, bingo-site, lottery-site or even download-casino site can now enjoy the revenue of easy-to-use localized casino games!”
Net Entertainment is one of the worlds leading suppliers of digital platform independent gaming and leisure solutions. Net Entertainment offers customized or standard software, integrated payment solutions, operations and hosting.