Forex Magnates – Within the retail review column of our Q4 2013 Forex Industry Report, a section was titled “Evolve or Die”. The section of the column discussed that much of the forex industry was struggling with a multi-year decline in volatility, and brokers are being forced to be innovative with their offerings, stating: “While the previous decade was rich in volatility, and nearly any market maker could put their stick in the ground and strike oil, current trading activity has made it a much more difficult environment for brokers. Market-making is still viewed as a profitable business, but more…

Lancaster Online – Allowing online gambling through Pennsylvania’s casinos could bring in $307 million annually to the state, according to a study commissioned by the Pennsylvania Senate. The senate asked that potential gaming revisions be evaluated because of a leveling off and decline at some casinos and the expansion of gaming in surrounding states. New Jersey, Delaware and Nevada now allow online gambling. Of the Lancaster County lawmakers who could be reached for comment, only Democrat Rep. Mike Sturla favors legalizing online gambling. And it’s not just because of the money, the Lancaster said. “It really is a situation where,…

Poker News – Fast-fold poker is popular on just about every online poker site in the world. Could these games now be in jeopardy in the United States? At the end of April 2014, the United States Patent and Trademark Office (USPTO) made a decision to issue a patent to the Rational Group for fast-fold poker. The Rational Group is the parent company to both PokerStars and Full Tilt Poker, the latter being the first in the world to offer fast-fold poker. As initially reported by Pokerfuse, on May 20, 2014 the USPTO will issue Patent Number 8,727,850 listed as…

iGaming Business – French-licensed operators ZEturf and Winamax are gearing up for the Brazil World cup kick off next month with the planned launches of their respective online betting offerings. The two operators are number 2 in horse racing pari mutuel and number 1 in online poker respectively in France and plan to cross-sell their football offerings to their horse racing and poker players with the longer term view of diversifying their product base. ZEturf’s fixed odds offering will operate from the domain name ZEbet.fr and will run on the technology provided by operator France Pari’s b2b division Sportnco. For…

iGaming Business – Online gaming company Paf has joined forces with Swedish game developer Proactive Gaming in an effort to develop new internet bingo titles. The new collaboration will replace Paf’s existing arrangement with Canadian firm Parlay Games. Kim Johansson, head of games at Paf, said the company hopes to develop the industry’s ‘best bingo product’ under the new collaboration. “We believe that we have found a partner with extensive experience and unique knowledge that gives us the flexibility to be able to go the whole distance and eventually create unique experiences for our customers,” Johansson said. Paul Burman, chief…

iGaming Business – Online gaming provider Greentube is to launch its private-label social casino marketing platform in the US as part of a move to strengthen its presence in the region. Greentube Pro, a business-to-business marketing platform, will allow land-based casinos in the US to stay connected to players and for players to stay connected with the casino brand through online social casino gaming. The company described the new platform as a ‘powerful player retention and acquisition tool’ that protects the casino’s player database. Greentube said that what sets its platform apart from others is its ‘altruistic’ approach to player…