Daniel Tzvetkoff Released from New York Jail
14 September 2010
The Australian businessman Daniel Tzvetkoff has been released from a New York jail according to news.com.au. The 27 year old had been charged with money laundering, conspiracy to launder, fraud and conspiracy to defraud. He was facing up to 75 years in jail but after a hearing with a federal magistrate behind closed doors we walked out of jail though there has been no official records released which could mean he is co-operating with federal prosecutors regarding online gambling.
When we last reported about Tzvetkoff he was being turned in by poker houses he allegedly owned millions of dollars to and was arrested for:
The U.S. Attorney’s office estimates he helped online gambling companies launder upwards of $540 million (U.S. currency) into offshore accounts. It is alleged he tricked banks into believing that the gambling transactions were really ordinary transactions.
He was granted bail in Las Vegas that was later reversed in New York and then Tzvetkoff was indicted which in part stated:
“Tzvetkoff and his co-conspirators obtained unique websites and toll-free numbers for these shell companies and developed phony websites to make the companies appear to have a valid, non-gambling purpose”.
Now though the US Department of Justice would not confirm it, a spokesman has claimed:
“He was released on bail on that date (August 23).”
10 January 2017Virtual Reality Online Casinos in 2017
If you go back a couple of years, Microgaming was the first company to present a virtual reality casino game that included current technology. It was a roulette game shown at industry trade shows, and it got a tremendous reception. A lot of players thought that smartwatch apps were going to be the next big thing for the online casino industry, but instead, it's virtual reality, or VR for short. How VR Online Casinos Work There are two main components of a virtual reality casino.Read full article
31 December 2016Net Entertainment Enters Bulgaria
Net Entertainment has made a lot of news in 2016 for entering newly regulated markets. With the year winding down, no one really expected news of yet another entry like this, but they pulled it off. In the last couple of weeks of the year, this company has entered the Bulgarian market thanks to a deal with National Lottery Bulgaria, the single-largest gaming operator in the country.Read full article
18 December 2016NetEnt Makes Deal With Codere for Mexican Entry
The expansion of Net Entertainment into new regulated markets has been a big part of the news cycle for 2015 and 2016, and as we prepare to kick off 2017, they have announced yet another deal. Thanks to an agreement with Codere, Net Entertainment will be entering Mexico with their full range of titles. This is a major deal in part because it's their first country-wide bit of expansion in North America.Read full article