Online casinos and other casino news

As our regular visitors to this site will know, here at onlinecasino.ie we attempt to keep our readers informed of any online casino news we think may interest them. This usually takes the form of the financial performance of the major online casino operators, or recently any new legislation which will impose on their performance. We are sometimes asked why we consider the financial performance of these companies to be worth reporting, after all most of us are primarily interested in whether we enjoy playing their casino games and not whether they are doing well on the back of our losses. One answer can be found in the problems that Ladbrokes have had in adapting to the digital age, which has eventually persuaded them to use Playtech for their casino software and consequently changed the range of casino games they offer. It is also worth pointing out that many of us are shareholders in these companies, whether directly or indirectly through our pension funds. This month however the financial pages are so full of the problems of the major supermarket chains that the online casino operators do not even get a mention. One fascinating story has however attracted our attention, and although it does not involve an online casino it is nevertheless related to playing casino games. Apparently a top poker player by the name of Phil Ivey is suing Crockfords casino in Mayfair for their decision to withhold £ 7.8 million of the £ 8.7 million he apparently won over two days in August 2012. Mr. Ivey was playing the casino game of Punto Banco, a form of Baccarat at a private table at the casino and gambling up to £ 150,000 on each hand during what appeared to be an extraordinary run of luck. However Mr Ivey is a well-known World Series poker player who was using what is called an ‘edge sorting’ technique whereby he used imperfections he had identified in a particular brand of cards to give him an edge. Apparently Crockfords were not aware of this technique even though Mr Ivey had used it before in the US and Canada. Should they pay for their ignorance or is it cheating?.